One of the reasons for the improvement in Britain's balance of trade is the invasion of British business by U.S. businessmen. Few Britons would agree with that statement. But one who doesand is preaching it to anyone who will listenis Joe Hyman, whose Viyella International Ltd. has grown into one of Britain's largest textile groups and most active exporters.
Hyman has gone so far as to make a statistical study of his own. From 1950 to 1966, according to Hyman's figures, U.S. firms have increased their British investments 600%, from $840 million to $5.6 billion. Today, some 1,650 companies owned or controlled...