I remember reading that story in Peter Egan's book Leanings 2 - he had a '65 Honda Super 90 that he rode home from college one year. He tell the story of it getting about 120 mpg on that trip.
The Honda Cub was a 50cc four-stroke, unlike the 2-stroke 50cc scooters of today. Plus, you had to ride at, like, 25mph in order to get that 225mpg!
Still, you can't even BUY a bike like that today because of the same reason they sell Hummers and monster SUVs and dually pickups to commuters: it's because it's what WE, the Ugly Americans, buy!!
My Honda SL100 gets over 100mpg. Or, it did years ago when I commuted on it. Now, it needs a new top-end job, so it doesn't do as well and only pulls 35 or 40 mph these days.
Kirk