and the build-up. The next month--November,
1958--the experimental Business Executives Research Committee, which the
CED had formed in 1953 and which had already completed its mission with
its report and recommendation on metropolitan government for Dallas, was
converted into "The Dallas CED Associates."

Here is a news story about that event, taken from the November 11, 1958,
_Dallas Morning News_:

"A Dallas Committee for Economic Development--the first of its kind
in the nation--has been founded at Southern Methodist University.
It will give voice to Southwestern opinions--and knowledge--on
economic, matters or international importance. Keystone will be an
economic research center to be established soon at SMU.

"A steering group composed of Dallas and Southwestern business,
industrial and educational leaders laid the groundwork for both
committee and center in a weekend meeting at SMU."

The "steering group" included George McGhee and Neil Mallon.

Mr. McGhee (presently Assistant Secretary of State for Policy Planning)
is, and has been for many years, a member of the Council on Foreign
Relations.

Neil Mallon, then Chairman of the Board of Dresser Industries and a
former official of the Foreign Policy Association, founded the Dallas
Council on World Affairs in 1951. Dresser Industries is one of the big
corporations which contribute money to the Council on Foreign Relations.

In the group with Mr. McGhee and Mr. Mallon were five SMU officials, a
Dallas banker, a real estate man, and Stanley Marcus, the head man in
the "steering group" which set up the Dallas Associates of the Committee
for Economic Development.

The first literary product of the Dallas Associates of the CED--at
least, the first to come to my attention--is a most expensive-looking
14-page printed booklet entitled "The Role of Private Enterprise in the
Economic Development of Underdeveloped Nations." The title page reveals
that this pamphlet is a policy statement of The Dallas Associates of
CED. It is little more than a rewrite of the speech which Dr. Donald K.
David had made to the Dallas Citizens Council in November, 1958, urging
business to give support and leadership to the government's foreign aid
programs.

Chapter 5

BUSINESS ADVISORY COUNCIL

Whereas the Foreign Policy Association-World Affairs Center is primarily
interested in fostering the _foreign_ policy desired by the CFR, and