AGRICULTURE: Fresh from Old Monterrey

As top economic-affairs adviser in the U.S. State Department from 1944 to 1947, calm, courtly William Lockhart Clayton preached the gospel of freer world trade and the responsibility of U.S. businessmen to finance industrial development abroad. Last week, as boss of Anderson, Clayton & Co., world-trading cotton brokers, Will Clayton showed just what he meant. In Mexico, alongside the highway from Saltillo to Monterrey, rimmed by 12,000-ft. peaks of the Sierra Madre, he opened a new $3,000,000 food-processing plant. Square, squat and red brick, it looked much the same as any other plant from the outside. But inside, 5,000...

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