Oh if I had more space, I fill my house with stuff like this.
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Lili Ledy was Mexico's premiere toy manufacturer and because of trade restrictions, all toys they sold had to be manufactured in Mexico. So many of the popular US lines were licensed and then produced by Lili Ledy resulting in wonderful variations that toy collectors hunt for to this day. 


1977 LILI LEDY (MEXICO) TOY CATALOGMore Great Foreign Toys:
Buy, Sell or look for vintage Lili Ledy Toys at our trading post



The figure itself was a good deal shorter than Joe and far stockier, his articulation was limited and the button on his back allowed you to bear hug things.