National Affairs: Mr. Bok's Balloon

Edward W. Bok's offer of $100,000 to the person or organization offering a practical plan for world peace took immediate hold on the imagination. Before the policy committee appointed by Mr. Bok (TIME, July 9) could draw up the rules of the contest, several hundred plans had been submitted. The committee, whose headquarters are at 342 Madison Avenue, Manhattan, announced that all these plans would be returned to their originators until the conditions of submission had been drawn up and published.

Meanwhile Mr. Bok deposited $100,000 in securities with the Garvin Trust Company...

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