Private Enterprise Provides Foreign Aid

A study of investment by private enterprise in “underdeveloped” countries proves it to be more effective than U.S. government handouts

There seem to be a lot of “underdeveloped” areas right here in the United States. In fact, the ardent wooing of industry by every town and hamlet suggests that the country as a whole can be so described. Even cities sooty with factory smoke are looking for additional plants, and we can take it for granted, man being what he is, that the search will continue indefinitely.