Story One: The Big Pull
Brother Warnn informs Aquaman that the concepts he tries to get across make no sense, and leaves. Aquaman gives up and decides to explore the wilderness for an answer, but the city guards fight him as he goes.
Back in Atlantis, Mera is worried for Aquaman, and then Black Manta shows up...
Aquaman finds another group of people, but the girl, who followed him, shoots at them because they are communicating with telepathy openly.
Story Two: The World Cannot Wait for a Deadman
Deadman, expelled into a noplace called Dano, meets a woman who turns out to be the chihuahua-like creature that attacked him. After he rescues her, she decides to take him back home.
There is something wrong about Aquaman helping another pretty woman while Mera is alone and worried for him, but the writer addresses that problem quite nicely throughout the book. The cover is once again very striking, but once again has nothing to do with what actually happens in this issue.
The cliff-hanger from last issue is simply dumped, as Brother Warnn just says he can't help and moves on. The people of the city are offended by Aquaman's assertion that there are other people and cities out in the world, and so attack him. Once he gets out of the city (with the girl following) they attack him again, this time telepathically.
Another flashback explains what happened with Ocean Master and Mera, and as Black Manta appears, Mera intensely wishes that Aquaman would return. There are a lot of shots of Mera's right hand, and the ring she wears.
The letter column mentions that in issue #49 there is a face in the rocks on page 14, panel 1. It's Deadman's face, and it's a hint of the upcoming storyline. The Letter column is full of notes that don't hold back on their opinions of the books.
This story is reprinted in Adventure Comics #503 (Sep 1983).
Not very great at all.