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Investment Plan Abroad Draws Fire From Solon
Sen. O'Mahoney criticizes a foreign investment guaranty program, saying it mainly benefits big business. He cites examples from Ford, General Foods, Dow, and others, arguing the ICA list shows US guarantees favor large firms abroad. He warns Congress faces continued controversy as new foreign aid plans unfold.
MENTIONED IN THIS ARTICLE
Washington
Kohotn International Co
Syn O'Mahoney
D-Wye
Thetic Textiles
Formosa
Harry
F. R. Dolan
ronson/land
Olin Mathieson Chemical Ivestment
A Corp. Pharmaceuticals
Kraft Foods Co
Acts
United Kingdom
O'Mahoney
Ford Motor Co
Trucks
Ecthamic
General Foods Co
F. Goodrich Ca
O Stubes
Philippines
Univérsal
Mahoney
Oil Products Corp
Catts
ICA
Greenfield
United States
Tap & Dye Corp
Acts Co
Beech
Generallaly
Godfrey L. Cabot Inc
Mills
Paki
Carbon Black
France
International Cooperatiun
Stan
Dow Chemical Interna
U.S
Tional Ltd
Plastics