FOREIGN TRADE: Israel on Wheels

In Manhattan's Waldorf-Astoria three months ago, grizzled old Chaim Weizmann had lunch with young Henry Ford II. Israel's President spoke of his country's desperate need for motor transportation. With only 30 miles of the rickety Haifa-to-Cairo coastal railroad operating, Israel had to rely almost entirely on highway transport, and therefore needed the U.S. auto industry's help. Weizmann's plea presented Ford a double opportunity: to wipe out the last unpleasant memories of Grandfather Henry Ford's involvement in anti-Semitism,* and at the same time to swing a big deal.

Ford went right to...

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