r-----------------------------, 

Weltbank B 103.389 

M(a)c C 1 0 Y , John J.~ ;'ddress by John J. 
r,IcCloy, Pres ident Internat ional Bank for 
Reconstruction and Development before the 
Foreign Folicy Association.Jan.19, 1949.i.
iinneapolis, I\linnesota 1949[Umschlagt.] 
11 S.