Art for the Bank

Lewis W. Douglas, best known to the general public as onetime U.S. Ambassador to Great Britain (1947-50), is proud of his Arizona heritage. In the past month, Douglas has indulged his natural pride by buying nine highly dramatic paintings of the Old West, all done in the early 1900s by Newell Convers Wyeth. Among the most picturesque is an illustration for a book called Arizona Nights, entitled "He Called Him Out and Shot Him in the Stomach." All demonstrate Wyeth's eye for action, his command of atmosphere and his passion for correct detail.

Douglas bought the paintings not for himself but to...