Senator Bob Taft of Ohio last week read a funeral oration over the still alive-and-breathing International Monetary Conference (TIME, July 17). He gave the press a statement: "I have been asked . . . what the terms of the agreements now being negotiated at Bretton Woods are to be and whether they have been or will be approved by Congress. I can't answer the first of these questions because of the secrecy which surrounds the Bretton Woods conference, but I can say that in my opinion no agreement for an international monetary fund on the terms [proposed] will be...
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