The cover sports the emblem "NRA Member" for the National Recovery Act, a U.S. President Roosevelt administration's New Deal program during the 1930s.
Interior front cover.
There is no first line of text as this is not a text story. This is an in house column with several sub-sections with news of the comics business.
Letters from: Eric Yarber, Mark Pruitt, Frater Chao-Tzu (aka Roldo), Gabriel Carras, and Lou Mougin. Replies from Moench.
Interior back cover.