Word: fund
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Dates: during 1950-1959
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...Central America's economic problems, and he took along key men to help him with the job. With him were Roy Rubottom, Assistant Secretary of State for inter-American Affairs; Tom B. Coughran, Assistant Secretary of the Treasury; Export-Import Bank President Samuel C. Waugh; and Development Loan Fund Manager Dempster Mclntosh. Along to handle hostess duties was Milton's daughter Ruth...
...program's chief architect is C. Douglas Dillon, 48, onetime chairman of Dillon, Read & Co., investment bankers, who was promoted fortnight ago to the rank of U.S. Under Secretary of State for Economic Affairs. Dillon's first objective: an increase in the reserves of the International Monetary Fund, which have not been raised generally since the fund was created in 1944, although inflation and rising world trade have cut in half the fund's effectiveness in keeping world currencies in balance. Although the fund squeaked through the currency crisis at the time of Suez, many fear that...
...Beadle was not wasted. Since becoming chief of Caltech's biologists, he has revealed unexpected talents, including fund raising and speechmaking. His colleagues agree that his greatest talent is his way of encouraging and enhancing his division without visibly running it. He tries to function as a catalyst rather than as organizer, encouraging scientists from different disciplines to take a lively interest in each other's fields. Caltech's Division of Biology is equal to any in the world, and it operates in an atmosphere of amiability spiced with high intellectual excitement. These are Beadle...
Last week the U.S. had, for the reading, as thoughtful and searching an analysis of its educational system as it is likely to get. Source: the fourth report of the Special Studies Project of the Rockefeller Brothers Fund.* The authors (among them: John W. Gardner, Carnegie Corporation of New York president; the Rev. Theodore M. Hesburgh, president of Notre Dame; Sociologist David Riesman) are sharply critical of defects in U.S. education, and aware that the nation's future depends largely on whether these defects are mended...
STRONG INVESTOR DEMAND caused Wall Street's Lazard Freres to boost initial offering for its new mutual fund from 2,500,000 shares to 8,500,000. Fund will invest about $117 million...