Pg… 14 THE WEEK'S EVENTS: A $6 Billion Christmas Buying Spree Breaks All Records

Pg… 24 THE WEEK'S EVENTS: A Look at the World's Week

Pg… 26 THE WEEK'S EVENTS: Dropping Masks of Mildness, Soviet Bosses Preach Hat in Burma

Pg… 33 THE WEEK'S EVENTS: Sugar Ray is Prepared for?and Does?the Impossible. He Comes Back

Pg… 41 THE WEEK'S EVENTS: Homecoming for Per?n–Exiled Editor of Buenos Aires' "La Prensa"

Pg… 28 EDITORIAL: Is Big Labor Good or Bad?

Pg… 60 PICTORIAL ESSAYS: Christmas Legends: Sixteen of the Folks Tales of Many Lands that Enrich the Biblical Story of the Nativity. Painted for LIFE by James Lewicki

Pg… 73 PICTORIAL ESSAYS: Supersonic Ball–Out: A Nine–Month Scientific Study Reconstructs a Pilot's Historic Ordeal

Pg… 98 ARTICLE: Why France Seldom is Free of Crisis. A Two–Handed System of Government and a Capacity for Grand Illusions Divide the Nation Against Herself. By Herbert Luethy

Pg… 48 MILITARY AFFAIRS: Navy Unveils the "Albacore," Tubby but Efficient Prototype of the Atomic Submarines of the Future

Pg… 53 SCIENCE: A Texas Chemistry Professor Grows Snow Christmas Tree

Pg… 59 SPORTS: French Alps Claim the Life of Annapurna Climber Louis Lachenal

Pg… 85 ENTERTAINMENT: A Hit Play and a Controversial Film Take Up Narcotic Addiction

Pg… 93 MUSIC: The Caroling Dogs of Copenhagen: Danish Sound Man Splices Songs Out of Canine Barks

Pg… 114 PARTY: Colonial Williamsburg Gives a Ball and Banquet to Sir Winston

Pg… 8 OTHER DEPARTMENTS: Letters to the Editors

Pg… 12 OTHER DEPARTMENTS: Speaking of Pictures: Bettina, Famous Model, is Now Seen Posing With Aly