WORLD TRADE: New World Fund?

Packing his bags for next month's meeting in New Delhi of governors of the World Bank and the International Monetary Fund, Treasury Secretary Robert B. Anderson last week got some travel orders from President Eisenhower. Wrote Ike: "The time has now come for us to consider, together with the other members of these two agencies, how we can better equip them for the tasks of the decade ahead." Anderson's orders: support increases in member-nation contributions to the bank and the fund. In addition, he was ordered to open negotiations toward establishing a...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!