Solar Wind Features Responsible for Magnetic Storms and Substorms During the Declining Phase of the Solar Cycle: 197We examine interplanetary data and geomagnetic activity indices during 1974 when two long-lasting solar wind corotating streams existed. We find that only 3 major storms occurred during 1974, and all were associated with coronal mass ejections. Each high speed stream was led by a shock, so the three storms had sudden commencements. Two of the 1974 major storms were associated with shock compression of preexisting southward fields and one was caused by southward fields within a magnetic cloud. Corotating streams were responsible for recurring moderate to weak magnetic storms.