an (founder and Chairman of the Board, Book of the
Month Club, Inc.)

* * * * *

Here are Council on Foreign Relations members who were Chairmen of the
Committee for Economic Development from 1942 through 1959:

Paul G. Hoffman, 1942-48

Marion B. Folsom, 1950-53

Meyer Kestnbaum, 1953-55 (President, Hart Schaffner & Marx;
Director, Fund for the Republic; Director, Chicago and Northwestern
Railroad)

J. D. Zellerbach, 1955-57 (Eisenhower's Ambassador to Italy;
President and Director of Crown-Zellerbach Corp.; Chairman of the
Board and Director, Fibreboard Products, Inc.; Director, Wells
Fargo Bank & Union Trust Co.)

Donald K. David, 1957-59 (Dean, Harvard University; Trustee of the
Ford Foundation, Carnegie Institute, Merrill Foundation; Board of
Directors, R. H. Macy & Co., General Electric Corp., First National
City Bank of New York, Aluminum, Ltd., Ford Motor Co.)

Of the CED Board of Trustees listed in the CED's 1957 Annual Report, 47
were members of the Council on Foreign Relations.

* * * * *

The Research and Policy Committee of the Committee for Economic
Development is the select inner-group which actually runs the CED. In
1957, the following members of the Research and Policy Committee were
also members of the Council on Foreign Relations:

Frazar B. Wilde, Chairman

Frank Altschul (Chairman of the Board, General American Investors
Corp.; Vice Chairman, National Planning Association; Vice
President, Woodrow Wilson Foundation)

Elliott V. Bell (former economic adviser to Thomas E. Dewey; former
research consultant to Wendell Willkie; now Chairman of the
Executive Committee, McGraw-Hill Publishing Co., Inc.; Publisher
and Editor of _Business Week_; Director of Bank of Manhattan Co.,
New York Life Insurance Co., Carrier Corp., Trustee of the John S.
Guggenheim Memorial Foundation)

William Benton

Thomas D. Cabot (former Director of Office of International
Security Affairs, State Department; now President of Godfrey L.
Cabot, Inc.; Director of John Hancock Mutual Life Insurance Co.,
American Mutual Liability Insurance Co.; Trustee, Hampton
Institute, Radcliff College; member of the Corporation of
Massachusetts Institute of Technology)

Walker L. Cisler (former member of the