Monday, May. 04, 1987

Time

28

COVER: The Afrikaners, long linked in upholding apartheid, are united no more As South Africa' s whites head for their first general election in six years, opponents of the country' s system of racial segregation are standing up. Some members of the once nearly monolithic "white tribe" are looking for change. Even the cradle of the volk, Stellenbosch University, is being swept by an intellectual revolution as professors demand real reform. See WORLD.

14

NATION: A new immigration law could change the texture of American life

Next week the Government will offer amnesty to perhaps half the nation' s illegal aliens while making it harder for the rest to live and work in the U. S. -- Texas Billionaire H. Ross Perot launches a private probe into what he believes is a network of former CIA agents and military officials. -- Richard Nixon analyzes the zero option. -- An unwanted garbage barge hunts for a friendly dump.

72

BUSINESS: A battle royal rages over banking' s separation of powers

Commercial banks fight investment firms over the 1933 Glass- Steagall Act, as old- fashioned bank lending loses out to Wall Street' s creative financial techniques. In the balance may be the fate of the $2.7 trillion banking industry. -- The U. S. and Japan scramble to defuse trade tensions. -- Meet George Soros, Wall Street' s most successful investor.

39

World

Separatist bombings hit Sri Lanka. -- In Argentina, placating the military. The Soviets let some entrepreneurs go for profits.

80

Law

The last major challenge to the death penalty fails in the Supreme Court.

Lyndon LaRouche' s forced bankruptcy.

82

Religion

Reports of financial and sexual excesses by fallen TV Preacher Jim Bakker. Controversy over a heroic Jewish convert to Catholicism.

84

Education

At age 84 and not counting, Reformer Mortimer Adler brings out his 40th book -- and lets fly, as usual, at the learning establishment.

86

Health & Fitness

Cashing in by offering head- to- toe care, women' s health centers are a blooming new medical alternative. -- A pill increases sexual desire.

106

Behavior

More and more young adults are going home to live with their parents. Reasons: a rise in the marriage age and the high divorce rate.

107

; Theater

Peter O' Toole makes a smashing Broadway debut in a showy, shrewdly judged Pygmalion. -- All My Sons is Arthur Miller at his best.

110

Ethics

The U. S. Patent Office sparks a furor with a new ruling: animals created by genetic engineering may be patented by their inventors.

5 Letters

10 American Scene

83 Press

91 Show Business

94 People

97 Cinema

98 Video

98 Milestones

101 Books

Cover:

Illustration by Wilson McLean