Pegasus  #5   Dec 1981 / Jan 1982  96p
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COLUMNS
   Horse Feathers                                     - E.Mortimer
   The Town Crier
      - TFT anyone
   Morrow Project Report                              - B.Pixley
      - A cannon, mortar, armored truck and more
   Gateway Quadrant                                   - D.Sering
      - Trouble-shooting Traveller campaigns
   A Stroll Through the Market Place                  - 13, J.Weingand
   Convention Compendium
   Hanging Out in the City State                      - E.Mortimer
      - Attend a party at the Slave Master's Guild
   Screen Scenes                                      - CJ.Henderson
      - Time Bandits
   Magik Tomes                                        - CJ.Henderson
      - New releases from Harry Harrioson and Andre Norton

GUILDMEMBER 32-PAGE INSTALLMENT
   Quest for the Silver Empress                       - C.Miner
      - City State Campaign Aid

FEATURES
   Origin of the "Black Arts"                         - W.Hamblin
      - A short lesson on the background of magic
   The Crusade Against Fantasy Role Playing           - Dr.R.Price
      - One man's opinion on the effort to crush FRP
   A Trip to the Underworld                           - B.Paley
      - The last pun!
   The Vile File                                      - W.Faust
      - The start of an hilarious adventure!
   Potions Perilous                                   - R.Cram
      - Quaff that potion with gusto!
   All That Glitters
      - new and different treasure items
   The Saving of Kris Kringle                         - B.Hughes
      - Can you save old Kris from the clutches of evil Orcs,
        Goblins, and Trolls before the night of the Winter
        Equinox?
   Triple Entente                                     - E.Vaughn
      - An adventure that is reminiscent of the Lady and the
        Tiger story but with a twist
   Adventure of the Devil's Luck                      - G.Seypura
      - Another Skulls and Crossbones mini-scenario
   Mermaid Memories                                   - D.Mortimer, 13
      - A memory from ages past
   Things That Go Bump in the Night
      - New monsters