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ISSUE DATE: January 20, 1975; Vol LXXXV, No 3

IN THIS ISSUE:-
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TOP OF THE WEEK:
A RACE TO PRIME A LEAKY PUMP: Last week Gerald Ford reviewed (with aide Robert Hartman, above) a State of the Union Message that may determine the success or failure of his Administration. With reports from the Washington bureau, Senior Editor Larry Martz examines the stakes as the President presents his plan to stop the slump. In the cover story, Allan J. Mayer digs into the No. 1 problem -- rising unemployment -- while Elliott Carlson examines three prospering cities and recalls how the WPA helped a nation in distress. Tom Joyce, Frank Maier, Jon Lowell, Marty Weston and others did the reporting. (Newsweek cover photo by Lawrence Fried -- The Image Bank.)

'DON'T FENCE ME IN' For months Henry Kissinger has chafed as Congress encroached upon his diplomatic turf. Last week he signaled Washington that he intended to do something about it. With reporting from chief Congressional correspondent Samuel Shaffer, Henry W. Hubbard and Philip S. Cook, Tom Mathews chronicles Kis- singer's march on the Hill.

THE CIA SECRETS: What is the spy's-eye view of the current controversy over the CIA's domestic intelligence operations? In an interview with Newsweek -- his first since the storm blew up -- agency director William Colby ventures some answers.

HIGH STYTE: Millionaire magazine publisher MALCOLM FORBES tried to fly a balloon across the Atlantic last week -- starting in California. The effort failed, but Forbes, who mixes his business with his hobbies and turns a profit from both, plans to try again later this year. Editor of a business magazine bearing his name and owner of ten palatial homes from London to Fiji, Forbes spends his money -- and his life -- in high style. General Editor Lynn Young wrote the story.

HIDDEN TREASURE: A modest apartment in Moscow contains one of the most important and least-seen art collections in the world. Belonging to a mysterious figure named George Costakis, it is an invaluable cross section of the great Russian modernists whose brilliant work is still little known in the West. Newsweek Art editor Douglas Davis went to see the collection and talked with Soviet artists and intellectuals. His report is accompanied by a four-page color portfolio.

INDEX:
NATIONAL AFFAIRS:
Fords tax-cut gamble.
Freedom for three Watergate convicts.
The CIA probers under fire.
An interview with CIA boss Colby.
LBJ as seen by his press secretary.
Back to school in Boston.
ON SCENE: Bus ride to Paducah.
INTERNATIONAL:
Kissinger marches on Capitol Hill.
The Brezhnev guessing game.
Iran's bid to buy Mideast friends.
Plugging the arms drain.
Psychoanalyzing the Israelis.
Southeast Asia's cease-fire war.
The Army's peacetime gunfighter.
Groping for racial détente in Africa.
SPORTS: Monte Towe, basketball's little big star; Hockey: the Sabres' sharpshooters.
BUSINESS AND FINANCE:
Unemployment: 8 per cent ... 9 per cent - . - ? (the cover).
The WPA: more than just leaf-raking.
Some urban pockets of prosperity.
Chrysler's bold bid for sales.
Tailoring fringe benefits to order.
Happy New Year on Wall Street.
The ho-hum U.S. gold auction.
MEDICINE: Britain's ailing National Health Service; Heart disease and the telltale crease.
EDUCATION: Oregon's new graduation rules for high-school students. The conservative freshman class.
LIFE/STYLE: Malcolm Forbes, maverick millionaire; Return of the Yo-Yo.
RELIGION: Mexico's feuding Mormons; Fasting for conscience' sake.
NEWS MEDIA : ABC-TV's folksy bid to lure the early bird audience; Change of command at The New Republic.
THE COLUMNISTS:
My Turn: AD. Seidenbaum.
Paul A. Samuelson.
Shana Alexander.

THE ARTS:
ART: Hidden treasure in Moscow: the amazing Costakis collection.
BOOKS:
Three on women's place in history.
Cyril Connolly's "The Evening Colonnade".
"The Last Secret" by Nicholas Bethell.
THEATER:
"The Wiz": drive, talent and wit.
"Shenandoah": near miss.
"Black Picture Show": out of focus.
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