ARGENTINA: Old Reliable Line

In need of a scapegoat to blame for his inflation troubles, Juan Perón last week scrapped his recent policy of sweet forbearance to the U.S. (adopted after President Eisenhower's inauguration) and took a running dive back on to his old, angry anti-U.S. line. In his annual message to the reconvening Congress, Peron accused U.S. press services of an "infamous campaign of lies" to spread the idea that Argentina is undergoing a crisis. (A bomb, the eighth in Buenos Aires that day, burst one block from the Congress building while he was speaking.) That afternoon, at the jammed Plaza...