As chairman of the world trading Chase National Bank, Winthrop W. Aldrich likes to apply his banker's sense to world problems. Last week at the annual meeting of the American Bankers' Association in Atlantic City, he applied it to the Marshall Plan. The great need, said he, was to make sure that the plan was carried out "in a businesslike manner."
To make sure that this is done, he suggested the creation of a "United States Corporation for European Reconstruction." It would be run by a board of directors composed of five "completely nonpartisan"...
To continue reading:
or
Log-In
