64007 by Egbert de Vries Indonesia is the 56th country in natural resources it may rank to become a member of the Bank, even higher. but it is my second country, as I From its products, as well as lived there for more than twenty from its location around the highly-rewarding years. That makes equator, Indonesia is a tropical it somewhat difficult to say in country. One poet called it the just a thousand words - less than emerald girdle flung around the a word a week - what my im­ equator - a far-flung metaphor. pressions are. I think that the poet meant to say To many people, Indonesia is that he thought Indonesia to be a the homeland of the Bali dancers; beautiful spot, and in that he was to others, the country from which right. You will find all the peace­ rubber comes, since it no longer ful pleasantness of the tropics at comes from Brazil, where it dawn and sunset in the hills, originated. Besides rubber, never any extreme of climate or you may include tea, palm oils, weather. It is al WfiYS warm but hand fibres, teakwood and many never too warm, and it can be wet other tropical crops, only changing or dry. The climate is almo st the origin, and the story will everywhere and at any time better hold true. Indonesia is all that than summer in Washington. And and much more. In population, it Indonesia is really always green. is the sixth country in the world, Java, the main island with 50 ,--_ ... ------­ million people, is very densely populated. About 70% of its area -,.­ 2 Line sketches by Grace MUlder 1i?== :i?! ;_..... ~_ _ . _ ~ - ...­ :./ .:::::­ is under cultivation, and the land teristics. Differences in language, is tilled to the crest of the hills, clothing, housing, crafts and but yet the average farm is only habits make Indonesia pleasantly 2 acres. Sumatra and Borneo have diversified in spite of a basic room for many millions more racial unity. Up to 90% of the people, but the soils are not so Indonesians are Moslems, but in fertile on these islands as in Java. its culture are many earlier Indonesia owes a great part of autochthonic, Hindu and Chinese its beautiful scenery as well as elements. In some places these the fertility of its soil to the elements prevail, as on Bali couple of hundred active and (Hindu) and West Borneo (Chinese). extinct volcanoes it boasts. Likewise, Indonesians are eager Indonesia is a world of islands, to absorb modern western culture. some like Borneo, among the About 5% of the population has biggest in the world, others very become Christian, the highest small, altogether many thousands. percentage in Asia after the Before the time of modern com­ Philippines. munications, the peoples on these The oneness of the Indonesian islands had contact only by small nation has manifested itself sailing ships (prahus) and each strikingly since the war. Toward island, even parts of the larger the end of 1949, Indonesia gained island, still has its own charac- its status as a fully independent Below left: Rice paddies, a familiar si~ht. Ri~ht: Tappin~ a rubber tree. nation 10 an agreement with the The village community is, and Netherlands. Since then, the has always been democratic. country participates in the United My work in Indonesia brought Nations and the specialized me close to village life. It-is agencies, as well as in many other peaceful and not very exciting. important international treaties But when a bountiful harvest has and conventions. The Consti­ been reaped, farmers have a gay tution is based upon democracy, time. Then comes the marriage tolerance and the moral principles month and games are organized ­ of Islam. the famous shadow - puppet game Indonesia is one of the largest (Wajang) with its script two exporters of agricultural and thousand years old, a heritage of mineral raw materials. Production for the world market increased rapidly after the openIng of the Suez Canal; it was at first mainly directed to Europe, but now Indo­ nesia has a world-wide market, with the United States as one of India. Gamecock fights are in its most important customers. In vogue on Bali, together with com­ this respect again, Indonesia is munity dances. In many places happily diversified; it has a wider bull s run on a race court (and spread of export commodities than fast, too!) or two bulls or rams any other tropical country. fight it out until one runs away Agriculture is the backbone of cowardly. The boys like very its economy. In spite of the much a fight among kites, glass dense population on J ava, it is powder glued to the string being almost self-supporting in basic a popular method of bringing the food. Every accessible and some opponent down. inaccessible parts of Java are under cultivation, often up to the But even in his games and con­ top of very steep hills. There tests, the Indonesian is always has never been landlordism on any courteous and tolerant, placid and scale in Indonesia, and the great pleasant like Nature around him. majority of peasants till their own Indonesia is a good place to live soil. This again, I find, is char­ and to visit, and I envy the members acteristic ofIndonesia; few people of the first Bank mission soon to are very rich, few are very poor. go there. 4 , ION NIAGARA 'Tis a wise member of the General Training P ro­ gram who takes advantage of his free time to add to his knowledge. Three such wise men returned recently from a trip to Niagara Falls. Once the idea of such a Mission had been conceived by Akira Oka, selectee from Japan, it was impossible to discard it, so heartily was it endorsed by his two friends, Sinasi Arik from Turkey and Mohammad Dabbas from Jordan. Akira had made such an excursion possible by the purchase of an automobile. The fact that his driving experience consisted of a total of 300 miles did not deter his pas­ sengers. Their experience totaled zero; so Akira was to be spared back-seat advice. More cautious souls might have given pause to consider their venture with such occurrences as running out of gasoline even before leaving Washington, or watching their driver for 20 miles trying to maneuver out of a wrong lane leading into New York City, or getting a parking ticket in Times Square, or being stopped by New York State police for identification, but not these adventurers! They were Niagara bound!! After three days the goal was reached and then, "like any Ameri­ can we went through a chain of visits and sightseeing tours, each of us equipped with his camera." They were deeply impressed with the Falls, especially from the Canadian side. To show how determined this trio was to make the most of every minute, they visited the Massachusetts Institute of Technology, both Yale and Harvard Universities and the University of Toronto. They did some additional sightseeing in Boston and saw the tower of the Old North Church shortly before it toppled over in the hurricane. After two weeks they returned safely to Washington, Akira with 1, 800 miles to his driving credit, and Sinasi and Mohammad as seasoned back-seat drivers. Their con- elusion was, "What we saw is unforgettable. In the years to . come we will try to recall these days and cherish these very dear memories." Left to ri~ht: Sinasi Arik. Akira Oka and Mohammad Dabba•• PUBLIC FINANCE TRAINING PROGRAM Mr. Mario Ercolani arrived on August 17, from Rome to begin a period of training under the Pu blic Finance program. He was graduated in 1937 from the University of Rome where his major subjects were statistics and ,mathematics. For the past eight years Mr. Ercolani has worked in the R.e­ search Department of the Bank of Italy. by whom he was recommen.ded for Public Finance training at the I.B.R.D. While he is here he will spend some time observing and studying in the Fiscal Division of the United Nations, the U.S. Treasury, the U.S. Budget Bureau and the Federal Reserve Board. After that he will visit the Bank of Canada in Montreal. Mr. Ercolani is married and has a five year old daughter. ; \" Mr. Abel Ghassem Kheradjou. recommended by the governmen t of Iran, arrived a t the Bank on ,i , ,~~ 'i ~ , October 1. Mr. Kheradjou lived in England from • ~I 1936 to 1944 and received a B.Sc. (Econ.) from London University in 1941. He is a Chartered Accountant. Born in Tehran, Mr. Kheradjou has made his I home for the past four years in Abadan where he served as Statutory Auditor to the National Iranian Oil Company. Mr. Kheradjou has been in turn Director of the Economic Research Departm~nt of the Bank Melli Iran (National Bank of Iran), and Chief Accountant of the Bank Melli Iran. He left this position in 1951 to become Chief Accountant of the National Iranian Oil Company. Mr. Kheradjou is 38, married, and has a six year old son and a baby daughter. Mr. A/tab G. N. Kazi. a member of the Finance Department of the Government of Sind, was rec­ ommended by Mr. Shoaib to participate in the Bank's Public Finance training program for ap­ proximately six months. In his work in the Fi­ nance Department he serves as an adviser to the Government of Sind on the financing of Develop­ ment Programs. Mr. Kazi attended the University of Bombay where he received his M.S. degree in 1941, and stood fourth in India when he passed the Indian Civil Service Competitive Examination in 1943. This high 6 scholastic standard was maintained when he passed the Indian Audit and Accounts Service examination and was placed ninth in India. Mr. Kazi is married and has a six year old daughter and a four year old son. INTERNATIONATIONAl COOKING CORNER APPLE TORTE Erika Wolf recommends this delicious dessert for special events during the coming holiday season: 7 firm apples ~~ cup butter (1 cube) 1~ cups sugar 6 eggs 1 pint whipping cream (2 cups) 2 tablespoons vanilla Cut peeled apples into eighths. Melt butter in heavy pan, add sugar and apples. Simmer slowly until apples are tender, turning often. Handle apples carefully so that they will not break. Beat eggs until light; stir in cream and vanilla; add to apples. Cook over hot water, stirring carefully, until mixture coats a spoon. If you don't have a very large double boiler, place pan over slightly smaller pan con­ taining boiling water. Spoon mixture into a springform pan lined with zwieback crumb crust. Sprinkle top with remaining crumbs. Bake in a slow oven (325 0 ) until set, about 1 hour and 15 minutes. Serve still warm, or very cold. This makes a large torte, about 4 inches deep. Serves 12 generously. · Recipe may be cut in half and baked in a 1­ quart baking dish or large pie pan. ECONOMIC DISCUSSION CLUB Mr. Gerald Alter of the Economic Staff was elected Chairman of the Economic Discussion Club for the coming year 1954-1955. The first meeting will be held November 23, Brookings Institution, with Mr. J. J. Polak of the Fund leading the discussion on It Balance of Payments Problems of Borrowing Countries." 7 BADHER5 At top 01 page: Messrs. de Leeuw and van Heiden with Director 01 the High. way Dept. are shown with part 01 stone crushing plant along road in the State 01 Rio de Janeiro. At lelt: Mr, Marshall - with Endessa ol/icials and sons at the site 01 the Los Molles hydro.electric power project in Chile, Mr, Finne and Mr, Cross checle progress 01 Chainat Dam. Thailand Below: Mr. ~eil Bass inspecting tbe Paulo Alonso Project on the closing 01 the Sao Francisco river by means 01 a rocle lill. Inset: A general view 01 tbe project. AT WORH At top of page: ·Jaeger· spreader operating on one of the roads in the State of Rio de Janeiro (Banlr. fi­ nanced). At right: Mr. Do" and Mr. Chakravarti with Banlr. Consultants Hancoclr.. Brown and Luteyn study the Aichi Hydro-electric Power Project near Nagoya. At left: Mr. Svoboda and Mr. Picagli with a Japanese Power Co. official leaving Osalr.a on the Dove Express after in­ specting a Banlr.-financed Power Project Below: Kansai Power Project: Coast Protection Worlr.: Dredging Power Station Front. NON - TECHNICAL APPRAISALS IV - YUGOSLAVIA This is the fourth of a series of impressions of countries visited by "Spottie" Spottswood. Others will follow. «Yugoslavia" is spelled «Jugoslavia" in Yugoslavia because "J" is pronounced ICy" in the Serbo-Croation language. It's a tough language to learn (especially for a Southerner); consequently, my volcabulary is limited to the words meaning au revoir or so long. Just what the exact words are I'm not sure, but I just said "Old Virginia" and got along fine. I did learn, however, that Yugo means South or Southern and that the Southern Slavs came down into the Balkans in the fifth or sixth century, moving in on the crumbling Roman Empire. The coun try em erged after World War I as the King­ dom of the Serbs, Croats and Slovenes. But that didn't fit into any headlines and there was no way of abbreviating it; so in 1929 it became known as Yugoslavia. Af ter World War II the .country be­ came a Federated Peoples Republic with Tho as its leader. He is still its leader. At present, the people who were once fiercely Bosnians, Herzegovenians, Dalmatians, Macedonians, Slovakians, Montenegrins, Serbs, Croats and Slovenes, are working together to develop their ample resources, under a unique economic system, which they insist can experience neither inflation nor deflation; so they just have ICflation." All in all, there are about 17 million Yugoslavians; among them are about two million Moslems, living mostly in Bosnia. There, the Moslem women still wear long baggy ankle length pants but no veils. In other parts of the country the people have retained their native costumes which are very colorful. In every part of the country the people were very hospitable and would go to any amount of trouble just to be helpful. Despite their diversity of backgrounds, the Yugoslavs have a number of things in common such as hearty appetites, good humor, optimism and Slivowitz, a plum brandy, which they drink (in modera­ tion) on all occasions and will even offer it to you before breakfast! The majority of the people live in the northern part of the country and in Serbia and about every third person is named Popovic. They are pretty hard working people, but they work very peculiar hours. 10 They start at seven iil the morning (office workers, secretaries and . everybody else) and they work straight through without lunch until two in the afternoon; then they go home and eat a whopping big meal. Those who have heavy responsibilities come back about four or five " in the afternoon and work until eight, then go home for supper. Those who don't come back to work go to coffee houses where they sit all afternoon. sipping coffee and banging on the tables. All the secre­ taries work very hard and none would dare write a piece about her boss. She would be thrown out of the party.l.! There are many things about Yugoslavia that were confusing to me, such as how the economic system works and the way that water runs out of bath rubs. When I was there I had the economic system explained to me and found it difficult to decipher, just as I found it difficult to find out whether the water runs out of the tub clockwise or counter clockwise. You see, instead of the conventional hole being in the bottom of the rub, it was in the end; consequently there was no way of telling which way the water was running. And as far a s I could find out, the economic system runs neither clockwise nor counter clockwise -- it just runs. All I know about it is that "profit" is a naughty word and that anytime any outsider faintly understands how the system works, the Yugoslavs change it. At the moment I would say that if all the people outside of Yugoslavia who thoroughly under­ stand the system were placed end to end, he would look ridiculous. (But don't turn this phrase around. Everybody who looks ridiculous does not understand Yugoslavian economy!) 1./ I think I shall speak to the Democratic P arty about a certain Secretary I know! .. You certainly fi t the Bank's ""ain qual i fi ca ti ons bu t no t, un for tu­ nately, the restricted office space available • .. '" / ~1 J r NEW PROFESSIONAL STAFF MEMBERS Roy Cameron, Economic Staff, from Adelaide, is a graduate of the University of Adelaide. He was a lecturer in Economics at Canberra University College from 1949 until 1951, and a Teaching Fellow at Harvard from 1952 until 1954. He is presently working on his thesis for a Ph.D. degree at- Harvard. During the war Mr. Cameron served with the Australian Imperial Forces }n Borneo. He is the author of several articles ap­ pearing in economic journals. Bernard Chadenet, Department of Technical Operations, from Paris, is a graduate of Sorbonne and Ecole Superieure d'Elec­ trlclte. From 1940 until 1946 Mr. Chadenet was an engineer with Neyrpic in France, being transferred to Algiers in 1947 as Head of Societe Neyrpic Afrique. He was also manager of an engineering firm eng~ged in irrigation studies for the Morocco Government. On behalf of Neyrpic France he par­ ticipated in missions to North, Central and South America. Hubert Havlik, Department of Operations, Western Hemisphere, originally from Chicago, is a graduate of Northwestern and Columbia Universities where he also taught economics. Since 1948 Mr. Havlik was with FOA and ECA in Paris as Director of the Finance Division and U.S. Representative on the Man­ aging Board of the European Payments Union. Prior to this, he was with State Department, Office of Foreign Liquidation Commission, Foreign Economic Administration and WP B. Wolfgang Jahn, Department of Operations, Western Hemisphere, from Dusseldorf, is a graduate of the Universities of Berlin and Heidelberg. Mr. Jahn came to the Bank from the Industrial Credit Bank in Dusseldorf where he was responsible for super­ vising investment credits to indusuial enterprises. Apart from his military service, he was associated with the banking firm of Comes and Co., in Berlin. He has written a number of articles for economic journals. John Miller, Director of Public Relations for Europe, from London, is a graduate of Wellington College and Trinity Hall, Cambcidge. He was a staff officer with the British Army in the U.S. and India during the war and from 1945 Director of the British Information Services for the Middle West. Mr. Miller joined the Times Washington staff in 1947 and became chief Washington correspondent in 1948. Mr. Mill e r will be in the Bank's Paris office. 12 BANK-FUND TENNIS FINALS by Eric Ekers October 10 was a great day for New Zealanders Elaine and Jack Stanley (who). They had a finger in every event of the Bank-Fund Tennis finals and brought their partnership to a brilliant conclusion in an all-Pacific Mixed Doubles final against Mr. and Mrs. Kumashiro. r Mr. Kumashiro surely earned the laurels for the most courageous player of the day but once the Stanleys established themselves at the net they were practically unbeatable and eventually ran out at 6-2, 6-2. The Ladies Singles final was even closer than the score suggested. Anna Watkins, who is at her best in a back-court game, controlled the first set at 6-3, but Elaine Stanley came back with some fine net shots in the second, then faltered after 4-4 allowing Anna to take the match at 6-4. In the Men's Doubles, last year's winners Joe Magurn and Phil Herzbrun met Frank Davies and Jack Stanley. This was a fast and exciting match and treated the spectators to every stroke in the game from slices to smashes. Davies and Stanley eventually won this match 6-1, 6-4. Elaine Stanley and Anna Watkins .met again in the Ladies Doubles final, assisted by Polly Palmer and Anka Kroc respectively. Polly and Anka had not played before during the afternoon and their fresh­ ness helped make this a lively match, won by Elaine and Polly 6-3, 6-0. Because of Mr. de Lanre's absence, Men's Singles final with Jack Stanley had to be postponed, but we hope they will give us a chance to see this match when they can get together. Mr. Ivar Rooth presided over the trophies, and with club president Kroc's assistance, presented the winners' and runners'-up prizes. Thanks are also due to Messrs. Umbricht and Kumashiro who managed to umpire the afternoon's proceedings without a murmur of dissent from any of the participants. Below left: Frank Davies and Jack Stanley received Men's Doubles trophy from Mr. Rooth. Right: Anka Kroc, Anna Watkins (Fund) and Elaine Stanley and Paulina Palmer (Bank), Ladies Doubles. NEWS FOR MUSIC LOVERS Patrick Hayes offers to music lovers two series of concerts, six in each series, at very reasonable prices. Tickets may be paid for in three installments. Watch the bulletin board in the lobby for series' • announcements. For further details call Ext. 2951. SERIES TICKET PRICES (includes six concerts): Orchestra: Balcony: First 17 rows . . . $15.75 First 5 rows . . . $12.75 Next 9 rows . . . S12.75 Next 4 rows . . . $10.25 Next 9 rows . . . $10.25 Next 4 rows . . . $ 8.50 Boxes seating 5 .. $75.00 Sections A and V . $ 7.00 The following new books have been added to the Staff Relations Library, Room 1212. They rent for 3¢ per day and may be reserved without charge by calling Extension 2951. MacARTHUR BRIDE OF THE CONQUEROR by Maj. Gen. Chas. Willoughby by Hartzell Spence ALWA YS IN VOGUE THE YOUNG VISITORS by Edna and Ilka Chase by Daisy Ashford A KEY TO DEATH SH ROUD OF DARKNESS by Frances and Richard by E. C. R. Lorac Lockridge POWER AND POLICY R.S.V.P. by Thomas K. Finletter by Elsa Maxwell ~'TRAD'NG POST;{ SUBLETS: Completely and charmingly furnished house in George­ town, 3 living rooms, 2 bedrooms, 2 baths. Available now - December 7 or longer. 1200 per month. Call Ext. 2951. Large furnished efficiency apartment, 2800 Quebec St. N. W., available December 19 for 2~ - 3 months. 1115 per month. Call Ext. 2086. WANTED: Ride from South East to Bank and return, call Ext. 2951. Ride from 2300 Lee Highway to Bank and return, call Ext. 2380. 14 yg.~ Mr. and Mrs. Black have en­ Conrado and Aida were married joyed two short visits from their in Manila. On this anniversary, son, Eugene Jr., who was here as has been his custom all these from Brazil. years, Conrado sent Aida 25 Hurricane Hazel gave Dr. Jahn's white roses. (Incidentally, he wife, Gabriele, and his two small never misses birthdays or any sons a very rude introduction to special event- and after 25 years!) Washington. They were delayed NEW ARRIVALS on their trip from New York and On October 17 at the home of did not arrive in Washington until Virginia and George Gondicas, a the following day at 4:00 A.M. daughter, Daphne, weighing 8 lbs. Mr. and Mrs. Brian Colquhoun 7 oz. hoped to move into their new On October 18 at the home of Washington home on October 15, Anne and George Delaume, a son, but Hurricane Hazel came along George Henri, weighing 8 lbs. and delayed their move, blew 14~ oz. down their favorite tree in the garden, and kept them in the dark It was with deep regret that for two days after they did move in. we learned of the death of Ann Rozeck flew to Windsor, Mr. J ago's mother on October Ontario to attend her parents' 16 in London. Deepest sym­ golden wedding anni versary on pathy is extended also to October 24. There was a lovely Mr. Holness for the death of surprise party which was attended his wife on October 25 and to by 38 members of the family. Mr. Rasmussen for the death Aida Almario, Technical Opera­ of his father on October 30 in tions, and her husband, Conrado, Copenhagen. celebrated their 25th wedding anniversary on October 26. At a MERRY CHRISTMAS NOTE: BANK ceremony in the Gonzaga Chapel CHRISTMAS PARTY, DECEMBER they renewed their vows. Their son 16,6:30 P.M. AT THE SHERATON­ served as acolyte for the ceremony. PARK HOTEL. CAMP AIGN CLOSES The Bank's Community Chest Red Feather Campaign came to a successful conclusion on November 4. Last year's quota was sur­ passed, and the Bank's staff members made a contribution of $7, 783. The Vice Chairmen and Keymen worked hard to achieve this goal and they -deserve great praise. The Community Chest Federation has expressed their gratitude for the generous contribution. 15 'II ·B.WL()NG~rrnBR OKS Bowling, per se, is good fun. It's good exercise. It's a fine way to get to know staff members, their husbands and wives -- their chil­ dren too. In ~any cases, come Monday nights, the elite meet to eat, not in Duffy's Tavern, but in the Chicken Hut, and there, over what looks like a pale gingerale, nefarious plots are hatched to unseat an incumbent high setter or a shaky number one team. Those of us who are bowling enthusiasts are in diStinguished company. On the "Youth Wants to Know" TV program last Sunday, your reporter was interested in the questions put to Prime Minister Ali about Pakistatl, about India, about the Kashmir dispute and about the world economic situation, but most of all, her interest was piqued when one of the youths asked the Prime Minister about his proficiency in bowling! Itis always nice to play return engagements, or have them played, and on October 18 Mr. Black did that very thing. Not only did he bowl, and get a spare, but Mrs. Bla€k came along with him a s a spectator. Now we hope we can persuade her to try her hand at this fascinating game. Among the newcomers to bowling this year we have Louis Pizza, who upset Jim Smythe's applecart by rolling a 350 which gives him high set. He's also tied with Jim for high average, 108, so Jim had better look to his laurels. Don Fowler bowled a 129 the other night and had the fun of seeing his average shoot up from 86 to 97. Doris Eliason played :hree games of over 100 each and now has high set of 323. Shirley Boskey's husband is a great help to Tech-Ec with his high marks and John Adler, who is bowling for the first time this year, is really knocking himself out. If he were golfing, instead of bowling, his score would be phenomenal! Gerald Alter, bowling for the first time this year, made an average of 104. Polly Newton is continuing her usual practice of high marks and already has rolled 19 spares. We are particularly glad to welcome Ellie Bennett back to the ranks, having given her a sabbatical last year in order to permit her to do her patriotic duty, census-taking wise. After the October 25 session the team line-up of games won and lost was: Administration 9 W, 3 L; Tech-Ec 8 W, 4 L; Public Re­ lations 7 W, 5 L,' Treas. Assets 6 W, 6 L; President's Office 6 W, 6 L,' Legal 6 W, -6 L,' Personnel 5 W, 7 L,' EAA 5 W, 7 L,' Disburse­ ments 5 W, 7 L; Operations 3 W, 9 L.