The major idea behind the World Bank is brought down to comprehensible proportions by the author's continuous analogy of the industrialization of modern nations to the example of Huddersfield where bewildered and exploited workers once smashed the machinery that replaced their handcraft economy. New nations, as well as reawakening old ones, are examined here at two levels: their industrialization projects and their rate of adjustment to the changes that are wrought by the infusion of World Bank loans. Ethiopia, Colombia, Southern Italy, Siam and India are described in brief but skillful word pictures which demonstrate the socio-economic gait of each. This is good journalistic writing at its best. It is a clear look at the effect of money on people and ideas.