According to their personal points of view regarding United States politics, a panel of foreign correspondents from other nations evaluated the United States electoral process and discussed the difficulties involved in conveying the complexities of this process to an audience. This document contains an edited transcript of the panel's comments. Moderated by Martin Agronsky of Washington, D.C., the panel consisted of correspondents from Japan, England, Russia, and Germany. The following topics were discussed: the realism of press coverage of political issues, the interrelationship of predictions and results in elections, personalities of candidates, Richard Nixon as a product of the electoral system, the effectiveness of political speeches, and a comparison of United States politics with that of the countries represented on the panel. (MAI)