THE SOVEREIGN STATE OF ITT
by ANTHONY SAMPSON
323 pages. Stein & Day. $10.
The beginning of World War II found the company in a peculiar position. Its communications systems were supplying information to German submarines, and its American factories were assembling "Huff-Duff," the High Frequency Direction Finder used by the Allies to save their ships from German torpedoes. This is not one of Milo Minderbinder's fast-buck schemes from Catch-22. It is, in fact, a part of the corporate record of ITT, the American-based telecommunications conglomerate with worldwide interests as diversified as smoked...