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Address by Mr. John J. McCloy, President of the Bank, in presenting the third annual report of the Bank to the Board of Governors at the second session, September 29, 1948 (الإنجليزية)

This report records the remarks delivered by Mr. John J. McCloy, President of the Bank, in presenting the third annual report of the Bank to the Board of Governors at the second session, September 29, 1948. He discussed about the European recovery program and the role of Bank in it. He spoke about how the Bank sold to the Bank for International settlements an issue of Swiss franc bonds, and the proceeds were used in the loan to The Netherlands. He...
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