For the past two years, the reader of an American newspaper has been virtually assured of finding a Watergate-related story blazoned across the front page. But now the drumbeat of daily Watergate headlines has died away to a faint, uninsistent thump. Suddenly, there is no "news." Or, to put the matter another way, all the news that fits is in print. Local gripes now receive fullblown front-page treatment. Crime makes a comeback. Sports stories normally relegated to back pages jump startlingly forward. The merely eyecatching, the determinedly trivial and the yawning of...

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