Prizefighting: This Laughing Image

When he climbed into the ring against Canada's George Chuvalo last week, Ernie Terrell, 26, was under the impression—or delusion—that he was heavyweight champion of the world. The World Boxing Association, which is still sort of peeved at Cassius Clay, had told Ernie so last March. But the president of the W.B.A. is one James Deskin, who also happens to be executive secretary of the boxing commission in Las Vegas—where money talks and where Clay will fight Floyd Patterson Nov. 22. So there, before Terrell's wondering eyes at Toronto's Maple Leaf Gardens, advertisements urged: ORDER NOW FOR THE NEXT...