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After retiring from public service a second time, he traveled to Mexico to serve as chairman of the Mexican Light and Power Company ( 1954 – 1959 ).
Returning to the US in 1959, he formed the first West Coast venture capital firm Draper, Gaither and Anderson in California.
In 1967 he retired from Draper Gaither, moved to Washington, D. C. and joined Combustion Engineering in New York as chairman, retiring a few years later to become the U. S. delegate to the United Nations Population Commission ( 1969 – 1971 ).
He also co-founded the Population Crisis Committee in 1965 and chaired the Draper Committee.

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