A description of a program that can contribute directly to the growth of the U.S. economy and can also supply needed productive capacity to underdeveloped countries in Asia, Africa, and Latin America. In essence, the program is (1) to make available for export complete U.S. industrial plants that are obsolescing or submarginal in terms of U.S. costs and (2) to provide a means for U.S. industry to replace those plants by investment, at very attractive terms, in more modern equipment. 20 pp.
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