Vol. 125 No. 4

NATION

American Notes Crime
Startling Admission From Taipei

Four Troublesome Hot Spots
Reagan's foreign policy faces tests from the U.S.S.R. to Africa

High Hopes, Hard Choices
After a private swearing-in, Reagan sallies forth on his second term

Party Time in Washington
The federal city throbs with fireworks, firewater and Sinatra

Taking a Taste of Power
At the Inauguration, capital caterers plan star-spangled menus

The Presidency
"The Alternative Is So Terrible"

The Team
Some are leaving, others are changing jobs, but they still proudly call themselves Reaganauts

From Legislator to Lobbyist
Former Congressmen cash in on their Capitol Hill connections

Plugging the Leak of Secrets
New efforts to apply a 1917 law worry civil libertarians

Remedies for Black Problems
A Newly Formed Group Argues for Self-Help Programs

To Catch a Mole

WORLD

Brazil Victory for the "Great Conciliator"
President-elect Neves ends 21 years of military rule

France Surprise Trip
Mitterrand flies into trouble

Jamaica Angry Island
A violent response to austerity

Middle East Bringing Home the Troops
Israel announces a step-by-step withdrawal from southern Lebanon

Personalities the Saga of Stalin's "Little Sparrow"
Svetlana's tormented journey from East to West and back again

World Notes Soviet Union
Rumors of a New Kremlin Chill

HEALTH & MEDICINE

Alarm Over Malpractice (Medicine)
The A.M.A. fears a crisis in claims and insurance costs

SOCIETY

Finding Trouble in Paradise (Sexes)
Do women really prefer cuddling over "the act"?

On Long Island: Standing Room (American Scene)

Seems Like Old Time (Living)
Vintage wristwatches are up-to-the-minute fashion

PRESS

Wrestling with Defamation and Truth
The jury in the Sharon trial reaches a partial verdict

STYLE & DESIGN

Painting Pictures with Fabric (Design)
Helena Hernmarck's tapestries enhance corporate architecture

TECHNOLOGY

Peg-Legged That's Dancing! (Computers)
Directed and Written by Jack Haley Jr.

Triumph of a Hacker Sleuth (Computers)
How a Minnesota teen-ager cracked a sex-offense case

BUSINESS

An Incredible Shrinking Giant (Economy & Business)
Itt Plans to Shed Holdings Worth $1.7 Billion

Business Notes Regulation (Economy & Business)
Trading Stock on the Margin

Enterpreneurs (Economy & Business)
Up Against a Miti Fortress

Pound Watching (Economy & Business)
Thatcher to the rescue

Sky Wars (Economy & Business)
Airfares take a dive

The New Grapes of Wrath (Economy & Business)
Struggling farmers face the prospect of deep cuts in federal aid

EDUCATION

Search Rules
The court sets a standard

Suny Red Tape
A study urges a freer structure

ARTS & ENTERTAINMENT

Chemistry Becomes a Muse the Periodic Table (Books)
by Primo Levi; Schocken; 233 pages; $16.95

High Tide on the Green River (Music)
After nine years, a great new record from John Fogerty

Peg-Legged That's Dancing! (Cinema)
Directed and Written by Jack Haley Jr.

Same Old Song Blood Simple (Cinema)
Directed by Joel Coen; Screenplay by Joel Coen and Ethan Coen

Skulduggery Robert Louis Stevenson and "the Beach of Falesa" By (Books)
Barry Menikoff Stanford; 199 pages; $24.50

The Hardy Boys Turn Traitor the Falcon and the Snowman Directed by John Schlesinger; Screenplay by Steven Zaillian (Cinema)

Troubles on the Home Front (Video)
Sparked by high ratings, TV movies focus on child-parent crises

Westward Ha the Laughter of Carthage (Books)
by Michael Moorcock Random House; 561 pages; $17.95

PEOPLE

On the Record

TO OUR READERS

A Letter From the Publisher (Publisher's Letter)

ESSAY

Hope Sprouts Eternal