Publisher's Letter, Jun. 25, 1956

Dear TIME-Reader:

BEFORE he left for the Middle East, Eugene R. Black, president of the World Bank, was late for a Saturday golfing date in Washington. Apologizing to the other members of his foursome—Federal Reserve Chairman William McChesney Martin Jr., Under Secretary of State Herbert Hoover Jr. and U.S. Ambassador to Saudi Arabia George Wadsworth—he explained: "I was being interviewed all morning by George Bookman for a TIME cover story."

Black's golfing companions understood. There are few top officials in the Government who do not know Bookman. Our economic correspondent in Washington since...

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