THE INVESTMENT FLOW.: THE INVESTMENT FLOW

Should It Be Dammed?

A CHERISHED aim of the U.S.

Government has long been to encourage U.S. business to invest abroad. Now that aim is being re-examined and questioned, even in Government circles, because foreign investment contributes to the outflow of U.S. gold.

When Ford recently decided to buy the rest of the stock (44%) of its British subsidiary, the prospect of $300 million in U.S. capital flowing to Great Britain so worried Treasury Secretary Anderson that he personally tried—unsuccessfully—to get the company to reconsider its plans. The Ford episode highlights the whole question of whether the vast outflow of U.S. private capital...

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