Argentina: Nos. 54 Through 56

"This is a madman's country," sighed Alvaro Alsogaray, who until six months ago had the all but hopeless job of trying to impose austerity on the Argentine economy. So it seemed last week in the once-rich land of beef and wheat. In yet another political crisis, eight more Cabinet members lost their jobs, bringing to 53 the number of Cabinet casualties in the 13 months since President Arturo Frondizi was deposed by the military. In to replace them came Cabinet members Nos. 54 through 56, with five posts still vacant. As puppet...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!