No Plaques

Despite pep talks to labor, Argentine factory production is down 40%. Despite import curbs, gold and exchange resources are dropping at the rate of about $2,000,000 a day. Shortages multiply in such essentials as oil. Last week, in his own way, President Peron explained what all this meant to his Five-Year Plan: Said he: "Other governments . . . when they initiated a project calculated whether they could finish it in four or five years' time so that upon completion they could install plaques with the names of the President and his ministers. ... I have projected a Five-Year Plan which will continue possibly for ten or 15 years, and I have done it preconceivedly, because I have no interest in installing any plaques, but I have to leave it to my successor and he will have no other choice but to continue it."

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