Man Of The Year: An Uncertain Year for Leaders

As economic prospects darkened in 1974, cries for leadership were heard on all sides, yet the leaders themselves were in a state of turbulence. Seldom had so much political power changed hands in so many nations, except in the aftermath of a major war.

TIME'S Man of the Year is the person who—for good or ill —has most shaped the news and influenced the course of history. In other circumstances, that man might well have been Richard Nixon. More than two years after the Watergate burglary, after months of scandal that left the nation divided and depressed, Nixon became the first...

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