Books: Castilicm Juggler

THE SPANISH STORY (282 pp.)—Herbert Pels—Knopf ($3.50).

Once a newspaperwoman, interviewing Economist Herbert Feis (rhymes with nice), thought that his eyes reflected "the soul of a young Shelley." In 1931, Secretary of State Stimson, who was not seeking a Shelley, read the young professor's Europe, the World's Banker and made him economic adviser to the State Department. Feis held the job until 1944, when he got tired of U.S. muddling in economic policy.

There is nothing muddling about his new book, The Spanish Story. Here is the best-documented account so far of Franco's devious dealings...