"Juan Domingo Peron," WFB begins, "was exiled from Argentina in 1955 after

ten years of disastrous rule, but... as the years went by there was a romanticization of Peron, and you would have thought it was Pericles who had been exiled to Spain." In 1973 he was called back as president; he died the next year and was succeeded by his second wife, Isabel, who ruled for two more disastrous years before she was ousted by the junta led by General Jorge Rafael Videla. This second show from Argentina concentrates on the country's other great problem: inflation. Dr. Martinez de Hoz--whose policies so far were working--fills in the background: during the interregnum inflation had mostly been 20 to 30 per cent--in the danger zone, but not hyperinflation. By the time of last year's coup it had reached 800 per cent. "What we did was to tell the workers straightforwardly the following--and this has been one of my policies all the time: tell everybody the truth all the time, and don't hold anything back. So we explained to the workers, 'Look, if things go on like this, we are heading into massive unemployment with the whole production of the country grinding to a standstill. Now if you want to avoid this, you must accept a policy, a wage policy... and if you'll come along with us, and don't cause trouble, I commit myself to avoid massive unemployment'--which is not easy to do, because generally countries come out of high inflation and recession with massive unemployment."