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So far, Doug Dillon has managed to keep track of those directions without losing sight of the ultimate objective of his economic policy: convincing the uncommitted nations that U.S.-style free enterprise is both healthy and helpful, and better than Soviet-style Communism. "This is the challenge," Dillon once said, with his customary earnestness. "Are we going to persevere in our efforts to help the one billion people in the free world's less developed areas place themselves firmly on the road to progress? If we do not measure up to the challenge—if through unwise or inadequate actions on our part we allow the newly emerging nations to be dragged one by one into the Communist orbit—then, as surely as night follows day, our own freedom cannot long endure."
*Other Dillon, Read alumni to serve in top Government jobs include William H. Draper Jr., who was Harry Truman's Under Secretary of the Army, and Paul Nitze, currently Assistant Secretary of Defense for International Security Affairs. *Dillon is the only Cabinet member who can match homes with Millionaire Jack Kennedy. Besides his Washington residence, he has an apartment on Manhattan's Fifth Avenue, a winter retreat at Kobe Sound, Fla., called La Lanterne, a summer place in Darkharbor, Me., an estate in Far Hills, N.J., a "cottage" at Versailles, France.