A Letter From The Publisher, Sep. 6, 1971

BECAUSE of the extraordinary impact of recent U.S. economic developments, we are publishing our third cover story on the subject in four weeks. In the current issue, the NATION section focuses on "Labor's Freeze on Nixon." While that story assesses organized labor's reaction to the Administration's initiatives, the effects of the revised game plan on worldwide trade and the international money market are reported in BUSINESS.

To analyze American public reaction fully, we followed two tracks. Correspondents in TIME'S nine domestic bureaus interviewed both union leaders and private citizens across the country. In...

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