Soviet Union: Welcome, Capitalists

Developing the Soviet Union as fast as Nikita Khrushchev would like to is too big a job for Communist resources and technology. Capitalists in search of new business have not failed to take notice of this fact. Putting ideology aside, more and more free-world businessmen are making multimillion-dollar deals to build locomotives, dry docks, mills and factories in the Soviet Union.

In what is believed to be the biggest industrial deal yet between Communists and capitalists, a British consortium last week signed a contract to erect an $84 million polyester-fiber plant in Siberia.

By allowing the Russians 15 years for repayment,...

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