A Lever That Can Lift the World
In World War II the United States spent 330 billion dollars. An American businessman on the staff of the Reader’s Digest, WILLARD R. ESPYproposes that by spending 100 million dollars a year on engineering projects in China, India, and Palestine we can increase the irrigated areas of the world by a sixth and add to the world’s electric energy an amount equal to all the hydroelectric power produced in the United States. The projects he blueprints would be self-liquidating: in time they would result in a steady flow of orders for American goods.