Volume 3 October 1, 1949 No. 19

FOURTH ANNUAL MEETING OF THE BOARDS OF GOVERNORS OF THE BANK AND FUND HELD AT THESHOREHAM HOTEL SEPTEMBER 13--17

President Truman receives a gavel

presented by M. Maurice Petsche,

Chairman of the Board of Governors

of the Bank. The gavel is made

of black cherry from Bretton Woods.

Left to right are M. Petsche, Mr.

Eugene R. Black, President of theBank, President Truman and Mr.

John Snyder, Secretary of the U.S.

Treasury.

Mr. Wilfred Baumgartner, Alternate Governor of the Fund Sir Stafford Cripps, Governor of the Bank for the United

for France, and M. Pierre Mendes-France, Chairman of the Kingdom, Mr. Robert L. Garner, Vice President of the Bank.

Board of Governors of the Fund.

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Mr. Black will h"d the 1950 Red Feather Campaign

OFFICEin the Bank, a Mr. Parker ow President of theOFFIE OFTHE RESIENTComnmunity Chest Federation, will serve as his deputy.

Miss Mary Jeanne Wright will be married October 15 The drive wilt ato Mr. James E. Johnson of San Diego, California. The through Novemberwedding will take place in the rectory of St. FrancisXavier Church in Washington.

LOAN DEPARTMENT t s ra bld transfusions. Hers

Mr. and Mrs. Harold Folk announce the arrival of a was a rare o a thehospital said that twodaughter, born at Garfield Hospital on Sunday, Septem- doors of blood would be necesary to

ber 11. The little girl has been named Frances. replace one pint given to her. The Red Cross Blood

LEGAL DEPARTMENT one pint of the rare type for every pint of blood donatedfor our staff member. A memorandum explaining her

Great things happen in the West--the land of oppor- need for blood was then circulated in thedepartment intunity. Horace Greeley once said, "Go west, young which the staff member is employed. Seven or moreman, go west." So, not to be outdone, Miss Dolores friends immediatelyvolunteered to be donors, We areSnead took Mr. Greeley's advice, landed in Reno, happy to report that the staff member is now well onNevada, and on August 20 married Mr. Paul Lippolt, her way to recovery.who is from the Midwest. The young couple are now A regular day each month has now been designatedback in Washington after a month's tour of the West. for staff members who may wish to contribute to the

Red Cross Blood Bank. The Red Cross Motor CorpsECONOMIC DEPARTMENTECONMIC EPARMENTwill be at the door of the Bank at 3 p.m. on the first

Grace Werring, who attends the exercise classes Monday of each month beginning next Monday, Octoberthat are held each Wednesday evening at Central High 3, and will transport donors to and from the Center.School, unexpectedly became the instructor last Please call extension 2130 for details.Wednesday when the regular teacher failed to come. FLAGS OF MEMBER COUNTRIESAfter the exercises she taught a Norwegian folk dancewhich proved to be very popular. Grace had about The flags of our member countries are now on

75 women and girls in her class. permanent display in the lobby. A flag for the Fund

Miss Mary Dowding has as her guests her brother and a flag for the Bank will be added, as well as flags

and his wife, Mr. and Mrs. William Dowding, from of any future member countries.

South Africa. This is the first time in ten years that Flags hung left to right as you enter the lobby repre-Maryhas seenher brother. After a visit here of about sent countrie, in the following order: Australia,two months,Mr. and Mrs. Dowding will go to England, Austria, Belgim, Bolivia, Brazil, Canada, Chile,

then return to Africa. China, Colombia, Costa Rica, Cuba, Czechoslovakia,

BRIDGEDemark, Dominican epublic, Ecuador, Egypt, ElBRIDGEPARTYSalvador, Ethiopia, Finland, France, Greece, Guate-

The first bridge party of the season will be held mala, Honduras, Iceland, India, Iran, Iraq, Italy,October 7 at 8:30 p.m. in Davis House, 2410 Wyoming Lebanon, Luxembourg, Mexico, Netherlands, Nica-Avenue. All staff members are cordially invited. We ragua, Norway, Panama, Paraguay, Peru, Philippineexpect to play"progressive" bridge so that all may Republic, Poland, Syria, Thailand, Turkey, Union ofbecome acquainted. A pleasant evening in a charming South Africa, United Kingdom, United States, Uruguay,house is awaiting you. Miss Jeanne Wells, of the Venezuela, Yugoslavia.Executive Directors'Offices,will be the hostess. Pleasecall her on extension 2186 or the Staff Relations Office,extension 2130, if you plan to attend. Fee 50 cents. INTERATIONAL BANK NOTES

SPANISH CLASSESnch

Pegistration date: Thursday, October 6, 1949, 6:15 Caroyn Cavaine -- Public Relans rtment

p.m., room 203. Price $1 per hour if there are as Marion Dougherty Dpb-

many as four in a class. Instructor, Mrs. Iglesia. Dooh EpMuriel Eddy -SceaysDprmn

FRENCH CLASSES Virn Nem -- Ecoomi Deprten

Registration date: Monday, October 3, 1949, 6:15 p.m.,room 2 03. Price $1 per hour if there are as many as S Well -- xcutie rfour in a class. Instructor, Mme. Vercouter. Et a Pi on t

BRIDGE CLASSES ITNIA BANX FeR

Bridge classes will start in November. R AND DEVELOPMENTBeginners: Mondays 8--10 p.m. Michael L. LejeuneIntermediate: Thur sdays, 8--10 p.m.Instructor: Mrs. Francis S. Key-Smith, the Highlands

Apartments. Fee: $5 for 6 lessons.

All contributions should be sent to the Editor, loom 1208. eadie, e on the 7th and sad of each mth.

WHO'S WHO IN THE BANK Mr. Sommers joined the Bank as a lawyer in Novem-ber 1946; in November 1948 h e was made AssistantGeneral Counsel and on September 1, 1949, he be-came the Bank's General Counsel.

ROOSEVELT AND HOPIN -REVIEWED

Roert E. Sherwood is best known to the public forhis drbmaltiy works and partoaladly cs sunesen onthe New Yrk stage. But he is a versatddringthe war years he was known inWashington fsowor his ady to put into speeches the thought andideas coming from the imaginative nsd of Franklin

D. Roofevelta After 1 shortwhlewith theOffice if ltMIrormaSiono herwodbecame aamember stRooewlt'intimate staff, and together with udge Rsenoan illedthe difficult and anonymous role of ghost writer. His

DAVIDSON SOMMERS introduction to both the job and Rosenman took place

General Counsel in New York in Roe 's apartment to which he had

Mr.Davdsn Smmes,General Counsel for the been taken by Harry Hpkins. Sherwood says, " We

.r found him in his dining room, the table littred with

s e of counsel and on the grounds papers including notes from the White House andarmaterial that Roosevelt had dictated.... I..t.fhhu od out

Mr mers wa d indbnt that dear to h i that when working for Franklin D. Roosevelt, a ginSstpal ia audtryjust outside of Sharon, Connectiu,- writer's one purpose was to haunt the White Hu,

here a hi family go whenever they can. r. day and night, until a speech by Franklin D Roosevelthe works on the place," but a (and nobody else) had been produced.... From

heof his 10 acres--that is left to the moment on, for the next five years Hopkins, Rarrnand I worked closely together on al the major13. Inm9r3' wife a sculptor and wo Roosevelt speeches until the President's dath.

tondr her maiden name of Alice r Harry Hopkins had always meant to writs Sw n t tn autobiography, but he died before he had vn b

bussces n dh stree car lxi e, a the roje tnby M su whichiz the0fl cbnt f o u et wihh a

in New York and at the Farhont Park Museum inPhiladelphia. collected covering the war period alone. It was on Mrs.

Mr. and Mrs. Sommers have two ittle daughters, Hopkins request that Sherwood undertook the task.aeSherwood's book is no dry-as-dust biography. As a

1age sa the hd am r friend of Hopkins and a member of Roosevelt's inner

paofes Firs hoal mme.f h ealBac

Mr. So mers was born February 15, 1905, in St. circle during the war years, h can prvide from hisPaul, Minnesota, and received his early education own experience a vivid background fatr the historicalthere. He was graduated from Harvard College in material available to him from Hopkin' files, and

196 and from Harvard w School in 1930. Thiatyear as adramatist heis able to put togetherfro a bewil-

he became associated with the lawfirm of Parker and deringarrayofpapersaforthright andlear story witharrison in New York and remained with them until the careful craftsmanship of an author accustomed to

1937. In 1938 and 1939 Mr, Sommers was Assistant writing for a critical audience which expects to beAssistn SCre of the Cit of New York; during entertained. Hopkins with his strength and weaknesses,

oromation Cone his initialambition and ultimate dedicationto service,

thoRoberars.heherrked on thetuknownctoitheofusubways,

busses and street car lines, the project by which the comes to life in a remarkable way.

city of New York took over the whole transit system The reader whose war years were too full to allow

" lock,d stock and barrel." Mr. Sommers returned to him to keep up with history in the making, will findfRoosevelt and Hopkins a most rewarding book and will

1942wen hractie i 9 and ocrtind ith iy util discover that Sherwood, as well as being fortunate in

Forces. Fihen he became an oier i the Arml ir his associations and dramatic talent, is a scholar who

Fores Fisthewasa embr fheeglInfoh ratwionh Shdgewoo ban accuracy. Rosvet'

and later Special Assistant to the Chief of Procure -staf nd eth wh Jc u

tyent Division, AAF Technical Service Command at musicWright ield, ayton, Ohio. During that time he worked t oh Dates: December 8 and Januarychiefly with the manufacturers of automobiles and 1 . Tickets on sale Monday, October 31 at 10 a.m.,

planes, especially the B29 and B-f6. One of his co- Snow Concert Bureau, 1108 G Street, N.W. Priceworkers was Mr. Richard Demuth, now Assistant to $Wt80eu$4H80.

the Vice President of the Bank. From 1944 to 1945ghoswr. ioteers served as Assistant Executive to thehaun

Assistant Secretary of War, Mr. John d. McCloy, and Lost: One small gold antique pin near Bank building.from 1945 to 1946 he was Special Assistant to the on September 13. Has greatsentimental value. FinderSecretary of War. please call extension 2330.

Hokis reuet.ht.hewoduneroo.hetak

Opening Session of the Fourth Annual Meeting of the Boards of Governors of the Bank and Fund.

Reception at theShoreham. In the receiving line, left to right:Mr. Eugene R. Black, PrinceViwat,GovernorforPresident of the Bank; Mrs. Black; Mr. Camille Gutt, Managing Director of the Fund; Thailand, thecountrymostM. Pierre Mendes-France, Chairman of the Board of Governors of the Fund; Mme. Petsche. recently to become a mem-

ber of the Bank.

INTERNATIONAL COOKING CORNER

The enthusiasm was so great at the openi g night ofbowling, with everyone trying to break his 1948-49average, that the Alley Cat had no time to " lap up" One of BANK NOTES' Polish readers has furnishednews for this issue of Bank Notes. However, the team a reIcipe for the very,delicious Veal Roast B4chamelstandings to date are: which friends have enjoyed in her home.

Veal Roast B5fchamelTeam Wo Lot High Game High Set Place boned leg or shoulder of veal in roasting pan

Executive Directors 3 0 489 1409 with a little butter, sprinkle with salt and pepper.Loan 3 0 442 1235 Sear for 15 minutes in hot oven (500 F.). ReduceTreasurer's A 3 0 425 1223 heat to 3250 F. and cook 30 minutes per pound, bastingController's 2 1 506 1428 often and adding water if necessary.Office Services 2 1 500 1401 When readycut it inslices,put on heat resistant dishLegal 2 1 478 1357 and cover with sauce made as follows:Secretary's 2 1 470 1311 1 tablespoon butter 1 cup sour creamTransportation 1 2 480 1390 1-1/2 tablespoon flour 2 egg yolksAdministration 1 2 464 1338 1-1/2 cups water 1 teaspoon saltEconomic A 1 2 453 1342 2 bouillon cubes 1 teaspoon lemon juiceTreasurer's Profits 1 2 433 1213 Melt butter, stir in flour and brown slightly. Dis-Public Relations 0 3 454 1322 solve bouillon cubes in thewater and add, stirringuntEconomic B 0 3 426 1211 mixture thickens. Cool mixture, then carefully andTreasurer's Receipts 0 3 397 1171 slowly add sour cream. Stir in egg yolks, salt and

lemon juice.High Team Game: 506 - Controller's Cook meat with sauce over it in medium oven forHigh Team Set: 14N8 - Controller's one-half oBur.