World Bank Expands Lending Program Under Black
The World Bank moves to broaden lending, led by President Eugene R Black. Since June 95 1946 the bank has issued 20 loans totaling 03 645 000 to member nations. Borrowers request non dollar currencies and the bank may use Swiss francs and guilders for loan purposes.
MENTIONED IN THIS ARTICLE
Washington
World Bank
Eugene R. Black
Finland
France
U. S
Black
Bank
Bret
World Bank funds and currency loans impact postwar economy
The article details Bretton Woods era currency allocations, 18 percent in participant currencies, 2 percent in gold or dollars, and 80 percent callable by the bank. It notes US and UK usage, plus several others, to finance loans and save dollars, aiding postwar reconstruction in France, Belgium, Luxembourg, India and more. It cites NAC critique of the bank as a major postwar lender and its role in development.
MENTIONED IN THIS ARTICLE
United States
Thebank
United Kingdom
Belgium
Costa Rica
Canada
Denmark
el Salvador
France
Honduras
Italy
Mexico
Netherlands
Paraguay
U. S
World Bank
Bretton Woods
National Advisory Council
Truman
Congress
NAC
Luxembourg
Europe
India
Rochester attends conference and church news
Mr and Mrs Carlos Snyder Mrs Anna Selyem and Mrs Estella Thompson attended the Northeast Ohio Methodist Conference at Lakeside on Sunday. Bishop Hazen Werner preached the morning service and conducted ordination and consecration in the afternoon. They met former Brighton Rochester pastors some retiring this year and learned Rev W W Ralph will return to this charge for another year. A son born to Mr and Mrs Allen Jewett June 19 at Allen Hospital Oberlin weighs seven pounds named Dennis Allen. Garden Circle toured Olmsted Falls to view rose gardens at Bert Chapman and Paul Young homes. Chapman is a former Rochester resident.
MENTIONED IN THIS ARTICLE
Rochester
Carlos Snyder
Anna Selyem
Estella Thompson
Lakeside
Hazen G.werner
Brighton-Rochester
W. W. Ralph
Allen Jewett
Allen Hospital
Oberlin
Dennis Allen
Garden Circle
Olmsted Falls
Bert Chapman
Paul Young
91st Birthday of Mrs Emma Gill in Wellington
Mrs Emma Gill celebrated her 91st birthday with relatives and friends including Mrs Charles Fack 4 ler at Wellington. Guests from Ottawa Lake and Lakewood brought gifts while the Paul Jewett family joined for ice cream and cake in the afternoon.
MENTIONED IN THIS ARTICLE
Emma Gill
Charles Fack
Wellington
Paul Jewetts
Fourth of July parade and local meeting notes
Jfloat the club will enter in the Fourth of July parade. LaDonne Snyder gave a reading and Joanna Ward played a piano solo. The meeting closed and refreshments were served by LaDonna and Loretta Snyder. News Notes mention Mrs. Lillian Hunt leaving Friday to visit friends in Cardington Ohio and Indiana. Mrs. Earl Shenberger and son from Greenwich were Sunday visitors at the George Leber home.
MENTIONED IN THIS ARTICLE
LaDonne Snyder
Joanna Ward
LaDonna
Loretta Snyder
Lillian Hunt
Cardington
Indiana
Earl Shenberger and Son
Greenwich
George Leber
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