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NEWSWEEK
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ISSUE DATE:
January 27, 1975; Vol LXXXV, No 4
IN THIS ISSUE:-
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TOP OF THE WEEK:
COVER: A NEW COURSE CALLED 'FORDONOMICS': "The state of the Union is not good," Gerald Ford conceded in a wintry message to the Congress -- and last week, after months of apparent drift, the President proposed a wide-ranging "national recovery program" aimed at reviving the nation's sagging fortunes and his own. But Ford's prescribed blend of quickie tax cuts, jacked-up energy costs and ballooning Federal deficits stirred up criticism across the ideological spectrum and ran into instant trouble on Capitol Hill. In Washington, Ford's dramatic turnabout and its consequences were covered by a team of correspondents. Senior Editor Clem Morgello analyzes the President's program and its uncertain prospects for passage. Newsweek's economic commentators, Milton Friedman and Paul A. Samuelson, contribute their own critiques of the new Fordonomics (page 24), and a Gallup survey for Newsweek measures the first wary and divided reaction to the program. (Cover illustration by Robert V. Engle -- Newsweek.)
HAUNTED HOUSE: Last week Happy Rockefeller cheerfully led reporters on a tour of the Second Family's official residence. But the 21- room mansion, which has been declared a "disaster" by one curator, leaves a lot to be desired. The walls leak, the piping is poor, the fireplaces are unsafe and the styling is dowdy. Nancy Ball took the tour and General Editor Linda Francke wrote the story.
A RIP IN U.S.-SOVIET DETENTE: Building a delicate structure of detente had taken years of effort by Henry Kissinger (left, with Soviet Foreign Minister Andrei Gromyko) - But last week, provoked by Congressional restrictions, Moscow rejected the historic trade pact that Kissinger considered a chief pillar of rapprochement. With files from Alfred Friendly Jr. in Moscow, Bruce van Voorst in Washington and Steven Shabad in New York, Fay Willey assesses the consequences.
COLD COMFORT: No region is more forbidding than PRUDHOE BAY on ALASKA's brutally cold North Slope, which in just two years will become a prime oil source. To keep its employees happy, British Petroleum has built a $21 million arctic headquarters offering unexpected amenities. William J. Cook traveled to Alaska and reports on what life is like at the remote outpost.
INDEX:
NATIONAL AFFAIRS:
President Ford's "new direction"
(the cover).
Will the Ford plan work?.
Milton Friedman: a wonderland scheme.
Paul A. Samuelson: try it again, please.
The "earthquake" in Congress.
The CIA's Colby tells (almost) all.
A black for Ford's Cabinet.
Boss lady in Texas.
Playboy: the death of Bobbie.
INTERNATIONAL:
A setback for detente.
China: a gold watch for Mao?.
The legions of Hanoi's General Dung.
Egypt and Israel: a second step?.
A hawk's-eye view of the Mideast.
U.S. invasion of the oil fields --
a feasibility study.
France: the smoking tower.
Venezuela oils the way.
JUSTICE:
Paying for Mayday;
Fake cops.
BUSINESS AND FINANCE:
The automakers' rebate sweeps.
The IMF's agreement on petrodollars.
North Slope: fighting "the ga-ga effect".
General Dynamics' fighter-plane bonanza.
Comeback by Westinghouse.
LIFE/STYLE:
The Rockefellers' new house.
Armadillo for dinner.
MEDICINE:
Abortion on trial.
Blood for sale.
RELIGION:
The Jesuits' identity crisis.
NEWS MEDIA:
A candid camera on Washington's elite.
William Safire on Nixon and the press.
THE COLUMNISTS:
My Turn: William S. Howland.
Pete Axthelm.
Bill Moyers.
THE ARTS:
ENTERTAINMENT :
The dawn of Tony Orlando.
"Ascent of Man": Apollo to Andy Warhol.
MUSIC:
A prophet of the tuba.
BOOKS:
"The Three Marias": on woman's
condition.
"One Just Man," by James Mills.
Eric Sloane: capturing America's past.
MOVIES:
"Alice Doesn't Live Here Any More":
beyond women's liberation.
"Paperback Hero": about a loser.
THEATER:
"Diamond Studs": musical gem.
John Cullum: homespun hero.
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