LETTER TO ALLEN W. DULLES, ESQ. FROM WALTER H. MALLORY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80R01731R001100170002-4
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 9
• Document Creation Date: December 15, 2016
• Document Release Date: March 13, 2003
• Sequence Number: 2
• Publication Date: December 10, 1951
• Content Type: LETTER

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Allen W. Dulles,
Washington, D.C.
Dear Allen:
COUNCIL ON FOREIGN RELATIONS, INC.
THE4 iAROLD PRATT HOUSE 58 EAST"6$TI3 $tkE$T
NEW YORK 21, N. Y.
25X1 I
Walter H. Mallory,
I send you herewith the agenda and documents
for the meeting of the Board of Directors which will be
held here on Monday, December 17th, at four o'clock. I
am looking forward to seeing you then.
--sincerely yours,
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 A G_END
94th Meeting of the Board of 'tors
of the Council on Foreign Relations
58 East 68th Street, New York
December 17, 1951
4:00 p.m.
1. Approval of minutes of 93rd meeting of the Board.
2. Confirmation of Amendments to the by-lags voted at the
last meeting of the Board.
3. Report of Finance and Budget Committee on
a. staff salaries
b. research financing
4. Discussion of tho dAsirahi_lit,y of a snrvey of the Council's
membership problems, program and finances.
5. FOREIGN AFFAIRS and Ford Foundation support.
6. Election of Members.
7. Other business.
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Minutes of the Annual (93rd) Meeting of the
Board of Directors of the Council on Foreign Relations
Held at the Broad Street Club, 15 Broad Street, New York
on Tuesday, October 30, 1951, at 1:00 o'clock
Present: R. C. Leffingwell, presiding
Hamilton Fish Armstrong
John W. Davis
Lewis W. Douglas
Devereux C. Josephs
Walter H. Mallory
George 0. May
Philip D. Reed
David Rockefeller
John H. Williams
Henry M. Wriston
Frank D. Caruthers, Jr.
George S. Franklin, Jr.
Mr. Leffingwell stated that the minutes of the last meeting had been
circulated to the members of the Board. It was
NOTED; that the minutes of the 92nd meeting of this Board and all actions
pursuant thereto be considered as read and approved.
Mr. Mallory presented the report of the Executive Director for the year
1950-51. It was
VOTED: that the annual report of the Executive Director be received, approved,
And ordered distributed to the members of the Council.
Mr. Mallory, on behalf of the Treasurer, presented the report of the
auditors, Price Waterhouse & Co., on the financial operations of the Council for
the past fiscal year; and the report of the Investment Counsel, the New York
Trust Company, on the Council's investments which had been approved by the
Finance and Budget Committee. It was
NOTED: that the report of the Treasurer be hereby approved.
Mr. Wriston described the current research activities of the Council, and
Mr. Mallory called attention to the sections of the Executive Director's
report which deal with the work of the past year and.should be'regarded
as the written report of the Chairman of the Committee on Studies as required by
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the by-laws. It was
?DOTED: that the report of the Chairman of the Committee on Studies for the year
1950-51 be accepted and placed on file.
There was a discussion of the letter from Mr. Alfred Kohlberg to
Mr. Leffingwell concerning "The United States in World Affairs, 1950" and of
Mr. George Sokolsky's review of the book. Mr. Wriston stated that the Committee
on Studies had seen. and approved the manuscript of the book and took full
responsibility for having had it published.
On motion duly made and seconded it was
VOTED: that the Council by-law VI be amended to provide for a Vice-Chairman of
the Board as follows:
The officers of the corporation shall be a Chairman of the
Board, a Vice-Chairman of the Board, a President, one or more Vice-
Presidents, a Secretary, a Treasurer, and an Assistant Treasurer,
who shall be elected annually by the Board of Directors.
The Chairman of the Board, or in his absence the Vice-
Chairman, shall preside at all meetings of the Board of Directors.
The President may call meetings of the Board, and shall
have general executive direction of the corporation.
The Vice-Presidents in order of seniority shall discharge
the duties of the President in his absence, and shall perform such
other duties as from time to time shall be assigned them by the
Board of Directors.
The Treasurer shall have custody of the funds of the
corporation.
The Secretary shall conduct the correspondence of the
corporation, and shall keep its records.
Mr. Davis, Chairman of the Nominating Committee, presented the following
nominations for officers, and members of the Standing Committees for the year
1951-52:
QFF ICERS
Chairman of the Board
Vice-Chairman of the Board
President
Vice President
Vice-.President & Secretary
Vice-President & Treasurer
R. C. Lef-fingwell
Allen W. Dulles
Henry M. Wriston
David Rockefeller
Frank Altschul
Devereux C. Josephs
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Executive Director Walter H. Mallory
Assistant Executive Director George S. Franklin, Jr.
Assistant Treasurer Frank D. Caruthers, Jr.
Finance & Budget
Frank Altschul, Chairman
Devereux C. Josephs
George 0. May
Philip D. Reed
John H. Williams
Studies
Henry M. Wriston, Chairman
Hamilton Fish Armstrong
Allen W. Dulles
Grayson L. Kirk
John H. Williams
STANDING COMMITTEES
Membership
John W. Davis, Chairman
Hamilton Fish Armstrong
Joseph E. Johnson
Whitney H. Shepardson
David Rockefeller
Library
Myron C. Taylor, Chairman
Frank Altschul
Robert Woods Bliss
William A. M. Burden
Lewis W. Douglas
Thomas K. Finletter
W. Averell Harriman
David Rockefeller
VOTED: that the report of the Nominating Committee be accepted and that the
Secretary of the meeting be instructed to cast one ballot for the above slate
to serve until the next annual meeting of this Board.
The Secretary of the meeting reported that the ballot had been cast.
Mr. May, Acting Chairman of the Finance and Budget Committee, presented
'budgets for the fiscal year 1951-52 which had been approved by the Committee
with the suggestion that an increase of staff salaries be considered by the
Board. It was
'VOTED: that the budgets for the Council, for the Research Department, and for
FOREIGN AFFAIRS, for the fiscal year 1951-52 (attached to these minutes Exhibit
A) be hereby approved with the proviso that the matter of an increase of staff
salaries and retirement benefits be referred back to the Finance and Budget
Committee for further study, and that it present a specific recommendation at
the next meeting of the Board.
Mr. Rockefeller suggested that the Finance and Budget Committee might
consider the preparation of a consolidated budget in future years.
Mr. Armstrong made a report on the operations.of FOREIGN AFFAIRS for
the past year. He stated that the deficit for the review in 1949-50 was some
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$26.000, and that by economies, change of printers, and an increase of the sub-
scription price from $5 to $8 it was anticipated that the deficit for 1950-51
could be reduced to $11,250. Actually, operations had resulted in a deficit of
only $10.204.
The deficit for 1949-50 was made up by generous contributions of Frank
Altschul, Clarence E. Hunter, George 0. May, Earl H. Osborn, David Rockefeller
and John Hay Whitney. Several of these donors had indicated that they would
either renew their gifts or make contributions toward the 1950-51 deficit in
one-half of the amount of their contributions in the previous year. Also
Mr. Leffingwell had offered to'make a gift in 1952 and he felt hopeful, there-
fore, that the total of $10,204 to bring last year's budget into balance would
The secured.
Mr. Armstrong's report was approved with expressions of gratification
at the good showing of the magazine.
Mr. Davis, Chairman of the Membership Committee, presented a list of
candidates for membership in the Council. It was
VOTED: that the gentlemen whose names are checked on the attached list
(Exhibit B) be invited to membership in the Council.
There was a discussion of the desirability of electing eligible younger
men to membership in the Council. It was
VOTED: that David Rockefeller and George Franklin should associate with them-
selves appropriate younger members of the Council to constitute an informal
committee to bring forward candidates for -junior membership in the Council and
that the names of Messrs. Joseph C. Fox and Robert Rosenberg,-who have been
suggested for such membership, should be referred to this Committee.
Mr. Mallory reported that Mr. Lewis Einstein had offered to give the
Council a 17th Century tapestry to hang in the stairway at the Harold Pratt
House. After discussion it was
VOTED: that consideration of Mr. Einstein's offer should be referred to a
committee composed of Messrs, Wriston, Rockefeller, Armstrong and Mallory and
that the Council's architects William A. Delano and Frederic R. King should be
consulted.
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Mr. Leffingwell said that he thought that the members of the Board
should make an effort to attend Council meetings and dinners at the Harold
Pratt House whenever they could manage it. He felt that their presence would
be appreciated by the guests of the Council as well as by the members.
Mr. Mallory reported that Mr. Hunter's gift of 15 shares of New York
Trust Company stock to the Council's 25th Anniversary Fund had been registered
in the name of the Council. It was intended that the stock should be sold and
the proceeds applied to the fund. It was therefore
RESOLVED: that the Treasurer acting alone be and he hereby is authorized and
empowered at any time and from time to time to sell, assign, transfer and
deliver unto J. C. Orr & Co., a nominee firm of the New York Trust Company,
15 shares New York Trust Company Capital Stock belonging to and registered in
the name of the Council on Foreign Relations, Inc., and for such purpose to
make, execute and deliver any and all Powers of Attorney or other instruments
in writing necessary, proper, or desirable for the purpose; further that any
post action in accordance herewith is hereby ratified and confirmed; and further
that any officer of this corporation is hereby authorized to certify this
resolution.
There being no further business, the meeting adjourned.
Respectfully submitted,
EXECUTIVE DIRECTOR
Secretary of the Meeting
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MEMBERSHIP PROPOSALS
Council on Foreign Relations
Suggested List
December 1951
Resident
I)uplaix, Gecrge
Pub. Golden Books (Simon & Shuster)
Thomas W. Braden
1230 Sixth Avenue
Heinemann, Hans
Kidder Peabody & Co.
Albert H. Gordon
17 Wall Street
Eioguet,?Robert L. Jr.
V.P. National City Bank
Floyd G. Blair
55 Wall Street
Irwin, John N. II
Ptnr. Patterson, Belknap & Webb
Oscar M. Ruebhausen
1 Wall Street
Morris, Grinnell
V.P. Central Hanover Bank
Knight Woolley
70 Broadway
*Oppenheimer, Fritz
20 Exchange Place (lawyer)
Allen W. Dulles
*Richardson, Arthur B.
Pres. C heaebrough Mfg. Co.
Roscoe H. Hupper
17 State Street
*Willcox, Westmore
Chase National Bank
Charlton Ogburn
18 Pine Street
Academic
*Berkuer, Lloyd V..
Pres. Assoc. Universities Laboratories Caryl P. Haskins
Brookhaven, Long Island
*Forkner, Dr. Claude E.
260 East 66th Street (physician)
Percy W. Bidwell
*Starr, M.- rk
International L;idies Garment Workers'
Union
1710 Broadway
Stebbins, Richard P.
*Tyson, Levering
Council on Foreign Relations
58 East 68th Street
National Committee for a Free Europe Thomas W. Braden
808 Seventh Avenue
Head of Division of Inter. Cooperation
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NAME
ADDRESS
SUGGESTED BY
Non-resident
F3ayne, Edward A.
Economic Cooperation Administration
Percy W. Bidwell
Washington, D.C.
*Braniff, Thomas E.
Pres. Braniff International Airways
Houston, Texas
Standish, Alexander M.
Meredith, N.H.
Francis T. P. Plimpton
-J. A. Whitney & Go.
Wilbur, Brayton
Ch., Committee for Free Asia
Thomas W. Braden
San Francisco
lion-resident academic
Cheever, Prof. Daniel
Harvard University
George S. Franklin,Jr.
C:am.bridge, Mass.
-Assoc. Ch. International Affairs .
.:;r:
Program
*Goodhar1, Prof. Arthur Master, University College
Oxford University
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