Monday, Jun. 15, 1992

Time Magazine Contents

THE WEEK 20

52

COVER: Sam Walton's Story

He decided early to avoid big cities -- and built one variety store into America's largest retailer, one small town at a time. His secret: low prices and relentlessly friendly service.

30

U.S. POLITICS: Calling in the Pros

Perot's A-team heightens White House jitters

Clinton's Sax Appeal: His campaign needs a change of tempo

The Political Interest: The anti-insider mood is as old as the nation itself

35

RIO SUMMIT: Bush Plays the Bad Guy

Why the U.S. is undermining the global get-together in Brazil

36

LOS ANGELES: Life in the 'Hood

Despite the latest truce, the gang problem is growing

39

CRIMEA: Ready to Cast Off

Russia and Ukraine bitterly dispute the region's future

41

THE PHILIPPINES: Stepping into Cory's Shoes

Short on charisma, Ramos still might have the right stuff

44

PALESTINIANS: Life Without Yasser?

Discontent is high, but the P.L.O. has no successor for Arafat

46

AMERICA ABROAD: Beware the Three-Way Split

The engine of globalization is sputtering

47

BUSINESS: Trading on the Inside Edge

Corporate wheeler-dealers at work and drawing fire

60

SCIENCE: What's Wrong with the Weather?

It's snowing in Jerusalem, dry in Seattle and raining in L.A.

62

PRESS: Stalking the "Long Island Lolita"

The tabloids turn a crime into a high-gloss morality tale

63

HUMOR: Pop Culture Paterfamilias

Publisher William Gaines made ours a Mad, Mad, Mad world

66

SHOW BUSINESS: Hip Patriotism

Rock, rap and raising youthful political consciousness

REVIEWS

ART An unloved, unfashionable but unsurpassed sculptor 69

TELEVISION How well have blacks been portrayed on the tube? 70

MUSIC Lyle Lovett's new album is as gaunt as he is 71

BOOKS The Pacific is no paradise, Paul Theroux finds 73

SHORT TAKES 75

DEPARTMENTS

MANAGING EDITOR'S LETTER 4

LETTERS 6

GRAPEVINE 15

MILESTONES 27

PEOPLE 77

ESSAY 78

COVER: Photograph by Steven Pumphrey -- FORTUNE