In Mexico inflation is a grim reality.
Food prices are almost double what they were in 1939; clothing prices are more than double. And they are still climbing. Wages, always low, are far behind.
For moderate President Manuel Avila Camacho, the problem has ramifications unknown in the U.S. Mexico's small, widely scattered population centers and poor communications make effective rationing impossible. Speculation has wrecked all attempts at price control. Said
Senator Rafael Avila, head of Mexico's Truman Committee: "Nobody but a superman could solve the whole problem."
Last week kindly, determined President Avila Camacho took supermannish steps to bring the cost of living...