In the heat of the Watergate summer of 1974, TIME published a special 38-page cover story on "Leadership in America." The report examined what had become distressing gaps in the ranks and the credibility of America's leaders, and profiled 200 enterprising young men and women who showed the talent and vision to help fill that vacuum. Five years later, with the country facing another kind of crisis of confidence, TIME presents a second major study of leadership in America. The report includes a diagnosis of the current malaise and a crop of 50 "faces...
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