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...Under Secretary of State C. Douglas Dillon, on a flying trip to Europe, preached the need to end European discrimination against the dollar and for prosperous Europe to do its bit elsewhere. The U.S., having donated or lent $75.8 billion to foreign countries since 1945, could not bear the burden alone, nor could any single nation. ¶ Britain's Sir Oliver Franks, onetime ambassador to Washington, and now chairman of Lloyds Bank, coined a vivid, if not quite precise, name for the new need. Instead of a familiar East-West crisis, he talked of a North-South axis, proposed...

Author: /time Magazine | Title: THE NATIONS: A New Tide | 12/21/1959 | See Source »

...funnel Western aid through the U.N. itself. NATO Secretary-General Paul-Henri Spaak suggests that NATO be used for the purpose, but this too meets with opposition-in the minds of touchy beneficiaries, it prompts suspicions of cold-war tactics. In Paris last week, in the wake of Dillon's visit, there were suggestions that an "Atlantic Community Economic Conference" should be convened in the near future...

Author: /time Magazine | Title: THE NATIONS: A New Tide | 12/21/1959 | See Source »

There are, of course, lucky exceptons: Douglas Dillon and David K. E. Bruce are examples of amateurs who became outstanding professionals. But the rule generally holds: in many important nations American ambassadors have little diplomatic experience, little knowledge of the native language and customs; in short, little qualification for their jobs...

Author: NO WRITER ATTRIBUTED | Title: Diplomatic Dilettantism | 11/30/1959 | See Source »

...problem. Last spring he began inviting Administration leaders to conferences and lectures. At first the State Department was horrified at the prospect of revising foreign-aid policy (and some of its staffers still are), but Anderson found a sympathetic listener in Under Secretary (for Economic Affairs) C. Douglas Dillon, longtime international banker both on Wall Street and in Government and a firm believer in the imperatives of a sound world economic policy. Gradually the President's statements on foreign aid began to soften. By last September, Anderson could bluntly tell the World Bank and International Monetary Fund meeting...

Author: /time Magazine | Title: THE ECONOMY: The Quiet Crusader | 11/23/1959 | See Source »

...final Crimson football practice of the 1959 season ended last night in a dash down a flare-lined aisle outside Dillon Fieldhouse to the accompaniment of the Harvard Band and the hearty applause of a meager huddle of undergraduate well-wishers...

Author: NO WRITER ATTRIBUTED | Title: Varsity Finishes Practices | 11/20/1959 | See Source »

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