A Letter From The Publisher, Jun. 9, 1958

SOME 600 of the world's top businessmen and economists met last October in San Francisco to negotiate a marriage: the union of Western capitalism with the economies of the world's underprivileged nations. Occasion: the International Industrial Development Conference, sponsored by TIME-LIFE International and Stanford Research Institute. This week a report on the meeting is out: Private Investment: the Key to International Industrial Development, published by McGraw-Hill, edited by TIME Contributing Editor James Daniel. It contains challenging appraisals of the tasks and opportunities of capitalism.

WHEN Medicine Editor Gilbert Cant made a tour of Air Force bases for his story on space medicine...

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