ARGENTINA: On the Verge of Anarchy

The government treasury is scraping bottom. In Buenos Aires, queues of shoppers express shock and anger at what seem to be almost daily rises in the price of necessities. There seems no end to the wave of political murders by left-and right-wing guerrillas that have claimed nearly 600 lives during the past year. In short, Argentina today is a nation on the verge of anarchy. For a month, wildcat strikes paralyzed the country—a response to vain attempts by President Isabel Peron to force financial austerity upon a wilful urban work force. In fact, Mrs. Peron and a small clique...

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