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Cover: Photograph by Dick Frank.

In case you can’t make it out, it’s a $100 bill burning. The magazine got into a little trouble for this cover—destroying US currency is apparently illegal.

Contents (listing only)

News on the March, Uncredited [Henry Beard]; Photographs uncredited; Illustration by Alan Rose

True Facts, Uncredited; Illustration by Alan Rose

Editorial, By Matty Simmons and Gerald Taylor; Illustration uncredited

Letters, Uncredited; Illustration by Alan Rose

Mr. Chatterbox, Uncredited; Illustration by Alan Rose

Our Sunday Comics, Uncredited; Illustrated by Warren Sattler, Gray Morrow, and others uncredited; Photograph uncredited

When It Comes to Revolution…, By P. J. O’Rourke and Sean Kelly; Photographs uncredited; Illustration by Randall Enos

Dean Corll’s Favorite Jokes, By Michael O’Donoghue; Photograph uncredited

Cheech Wizard, Written and illustrated by Vaughn Bodé; Additional illustration by Vincent Bodé

Underwear for the Deaf, By Michael O’Donoghue; Photographs by David Kaestle; Graphics by Alan Rose

How I Spent My Summer, Written and illustrated by Ed Subitzky; Photograph uncredited

The National Lampoon Building, Illustrated by Alan Rose

Tell Debby, By Brian McConnachie

An Anglo-Saxon Yuletide Tale, By George W. S. Trow; Illustrated by Philip Wende

Practical Jokes for the Rich, By Henry Beard; Photographs by Vince Aiosa

Poon Beat, Uncredited; Photographs and illustrations uncredited

Underwear for the Deaf, By Michael O’Donoghue; Photographs by David Kaestle; Graphics by Alan Rose

Me Magazine, By Henry Beard and Gerald Sussman; Photographs uncredited

Canadian Editors’ Page, By Sean Kelly and Bruce McCall

Funny Pages, Featuring “Nuts” by Gahan Wilson; “Idyl” by Jeff Jones; “One Year Affair” (three episodes) by Ralph Reese and Byron Preiss; “Chicken Gutz” by Randall Enos; “Dirty Duck” by Bobby London; “The Ax-murderer and the Ladybug Fetishist and the Stripper and the Male Prostitute’s Mother!” by Ed Subitzky; “Trots and Bonnie” by Shary Flenniken; and “The Aesop Brothers, Siamese Twins” by Rodrigues