A Letter From The Publisher, Jan. 6, 1975

As a crucial decision maker and a symbol of Arab petropower, Saudi Arabia's King Faisal is TIME'S Man of the Year. Throughout 1974, Faisal's actions about oil prices and related matters touched, in various degrees, the lives and pocketbooks of virtually every human being on earth. Politically, too, 1974 was marked by the increasing cohesion and power of the Arab world, a surging strength fueled by the largest transfer of capital in history. In all this, the shrewd and dedicated King has played a key role.

All year long readers contributed an avalanche of Man...

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