Not So Sovereign

The Sovereign State of ITT By Anthony Sampson Stein and Day, 323 pp., $10 British journalist Anthony Sampson tells us “sovereign state” ITT is above controls and above morals, that, insidiously and cartel-like, it has some connection “with every industry and with every country,” that here is the “Moby Geneen . . . leviathan secretly circling the world.”

But consider the Chilean seizure of ITT’s local telephone subsidiary. Like a hooked trout, ITT did attempt to dart and wiggle and escape from Allende’s line, to protect its investment and 5,700 Chilean employees. After all, expropriation is tantamount to confiscation—to legalized and most immoral plunder. ITT in Chile was at gunpoint, fighting for its life.

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William H. Peterson

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The Sovereign State of ITT By Anthony Sampson Stein and Day, 323 pp., $10 British journalist Anthony Sampson tells us “sovereign state” ITT is above controls and above morals, that, insidiously and cartel-like, it has some connection “with every industry and with every country,” that here is the “Moby Geneen . . . leviathan secretly circling the world.”

But consider the Chilean seizure of ITT’s local telephone subsidiary. Like a hooked trout, ITT did attempt to dart and wiggle and escape from Allende’s line, to protect its investment and 5,700 Chilean employees. After all, expropriation is tantamount to confiscation—to legalized and most immoral plunder. ITT in Chile was at gunpoint, fighting for its life.