ISSUE DATE: January 31, 1972; Vol. LXXIX, No. 5, 1/31/72

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IN THIS ISSUE:-
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TOP OF THE WEEK:
'A VERY GOOD YEAR' -- FOR WHICH PARTY?: What President Nixon needs to win re-election, an aide says, is not so much an economic boom as "arguable prosperity" -- and his success or failure in achieving it promises to be the central issue of the fall campaign. For a major assessment of the prospects, Senior Editor Larry Martz coordinated the efforts of Newsweek reporters around the world and a team of writers in New York. General Editor Kenneth Auchincloss examines the political impact; Associate Editor Michael Ruby reports on the state of the economy and the new Federal budget; General Editor Tom Nicholson assesses wage-price controls, and Associate Editor Ann C. Scott describes the international scene. In addition, Newsweek's three economic columnists weigh in with their own discussion of the issues. (Newsweek cover photo by Lawrence Fried.)

THE HOWARD HUGHES CAPER: The carnival of contradictions surrounding Howard Hughes's alleged autobiography began to look like a shell-game swindle, as it emerged that $650,000 had disappeared from a Swiss bank into unknown hands. General Editor Richard Boeth tells the story from files from New York correspondent Tom Mathews.

WELFARE FRAUD: THE BACKLASH: Welfare fraud is a touchy issue, particularly at elec- tion time. Now signs of a welfare backlash are every- where. But most experts think that poor administration costs the taxpayer much more than fraud does. G. Bruce Porter wrote the story.

SPECTRUM:
As the primaries approach, front runner Sen. Edmund Muskie still faces at least nine rivals for the nomination. Newsweek presents a form chart on the candidates. Page 16.

After years of passivity, black Rhodesians rose up in violent protest last week against an Anglo-Rhodesian pact that would legitimize their in- ferior status. Peter Webb reported and Richard M. Smith wrote the story. Page 25.

Squeezed by rising costs and dwindling applications, prep schools in the United States are fighting for their lives. With files from reporter Seth Goldschlager and others, Associate Editor James E. Doherty wrote the story. Page 45.

One of the great figures of modern art is Giorgio de Chirico, master of the "metaphysical" painting. A fiery personality, the 83-year-old de Chinco talked with Douglas Davis on the occasion of his New York retrospective. Page 60.

Cowboys or computers? The Dallas Cowboys made short and methodical shrift of the Miami Dolphins in the Super Bowl playoff, but Sports editor Pete Axthelm takes a dim view of the machine-like precision of the winners. Page 86.

CONTENTS LISTING:
NATIONAL AFFAIRS:
President Nixon's State of the Union Message.
The Howard Hughes plot thickens.
vietnam: another massacre?.
The political advance man's crucial job.
Muskie and the pack: see how they run.
The Berrigan case comes to trial.
Dissidence among the Muslims.
INTERNATIONAL:
Rhodesia's rebellious blacks.
President Sadat's credibility gap.
Israel: the immigration issue.
The U.S. vs. the U.S.S.R.: confrontation in the Arctic.
Bangladesh: the agony of reconstruction.
Eastern Europe's travel boom.
Laos: the battle for Long Tieng.
chile: a ballot setback for Allende.
MEDICINE : Should doctors run a health business?.
RELIGION: The Benedictines' activist leader; How some kids think of Jesus.
EDUCATION: Changes in the troubled prep schools; Revolutionizing school taxes.
THE MEDIA: Screenwriter Stirling Silliphant; Cutting back on kiddie-time commercials.
LIFE AND LEISURE: The D.B. Cooper cult; The USO shows' dimming luster.
SCIENCE AND SPACE: Mr. Nixon's requests for increased research funds; Triggering fusion power with lasers.
THE CITIES: Welfare fraud: the backlash.
BUSINESS AND FINANCE:
The economic issue -- key to '72 (the cover).
The Nixon budget and the economy: neither boom nor gloom.
Controls under pressure.
The new dollar -- a victory or a stopgap?.
Three economists debate the '72 issues.
The Anglo-French supersonic sales pitch.
Oil: a bigger cut for producing nations.
A legislated peace on the waterfront?.
SPORTS: Dallas's computer-like Cowboys; Putting the Indian sign on sport symbols.
THE COLUMNISTS:
George W. Ball.
CIem Morgello.

THE ARTS:
ART: New York's de Chirico retrospective.
BOOKS:
Three black writers.
"North" by Louis Ferdinand Celine.
THEATER:
Al Carmines's "Wanted".
Robert Bolt's "Vivat! Vivat Regina!".
MOVIES:
A Japanese portrayal of U.S. deserters.
"Sometimes a Great Notion": dead end.
MUSIC:
HARRY NILSSON, pop Pagliacci. [A NICE 3/4 page article, with interview quotes from the man we know and love. "Bittersweet songs of innocence and experience". ]
The Kennedy Center cost-overrun row.
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