Business & Finance: Designer of Dreams

In the dense jungles of Guarujá Island, Brazil, an amazing transformation was taking place last week. Bulldozers, steam shovels, and scores of work crews were clearing stones and brush from some 650 dense acres. Before the job is finished, the section known as Praia Pernambuco, a few minutes by ferry from Santos, will have an airfield, a country club, a polo field, a beach club, a fishing club, hotels, shops, and some 500 houses, all furnished with the latest gadgets. Sao Paulo industrial interests, which are putting up millions to construct this sportsman's dream, expect it to be one of the...

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