Atomic Energy Commission,
Economic Cooperation Administration, Military Government of
Germany; now President of Detroit-Edison Co., Trustee, Cornell
University)

Emilio G. Collado (former State Department career official; now
Treasurer, Standard Oil Company of New Jersey)

Gardner Cowles (former Domestic Director, Office of War
Information; now President, _Des Moines Register & Tribune_, Cowles
Magazines, Inc.--_Look_, etc.--)

Donald K. David

William C. Foster (former Under Secretary of Commerce, Deputy
Secretary of Defense; now Executive Vice President, Olin Mathieson
Chemical Corp.)

Philip L. Graham (former law secretary to Supreme Court Justices
Stanley Reed and Felix Frankfurter; now President and Publisher of
_The Washington Post and Times Herald_)

Meyer Kestnbaum

Thomas B. McCabe

Don G. Mitchell (Chairman of the Board, Sylvania Electric Products,
Inc.)

Alfred C. Neal (former official, Office of Price Administration;
now member of the Board of Governors, Federal Reserve Bank of
Boston; President of CED)

Howard C. Petersen (former council to Committee to Draft Selective
Service Regulations; Assistant Secretary of War; now President,
Philadelphia Trust Company; Trustee, Temple University)

Philip D. Reed (many positions in the Roosevelt and Truman
Administrations; member, U. S. Delegation to UN Conference at San
Francisco, 1945; now Chairman, Finance Committee, General Electric
Co.; Director of Canadian General Electric Co., Bankers Trust Co.,
Metropolitan Life Insurance Co.)

Beardsley Ruml

Harry Scherman

Wayne Chatfield Taylor (many government positions including
Assistant Secretary of Treasury, Under Secretary of Commerce;
presently an economic adviser)

Theodore O. Yntema

* * * * *

In its annual report for 1957, the Committee for Economic Development
boasted of some of its past accomplishments and its future plans.

Mr. Howard C. Petersen, Chairman of the CED's Subcommittee on Economic
Development Assistance (and a member of the Council on Foreign
Relations) said that his committee originated the idea of creating the
Development Loan Fund, which was authorized by Congress in Section 6 of
the Foreign Aid Bill of 1957, which Eisenhower established by Executive
Order on D