The Administration: Bell's Toll

For years, the task of running the U.S. foreign aid program was known as one of Washington's quickest routes to early retirement. In its first 13 years, the program consumed no fewer than nine directors, none of whom lasted longer than two years. By such standards, the program's tenth director has been an exemplar of endurability. Last week, when David E. Bell, 47, turned in his resignation as administrator of the Agency for International Development, he had put in a record three and a half years on the job.

"Bushed & Broke." Bell, who will become vice president in charge...

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