(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP62S00545A000100090149-3
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: July 17, 1998
• Sequence Number: 149
• Content Type: SPEECH

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Our speaker this evening is a vigorous internationalist and opponent
of economic nationalism, He has von distinction as a statesman, author,
educator, political economist, and authority on shipping. His long years
of government service, which began 55 years a;o, after graduation from Oxford,
have
No earned him the title of "civil servant par excellence,"
During the first World War, Lord Salter played the major role in the
organization of world shipping, becoming Chairman of the Allied Marit xie Trans-
port Executive, end later a member of the Supreme Economic Council, It was
his postwar work with the League of Nations which laid the foundations of
his world-wide reputation as an economist, His pioneer work as director of the
financial and economic section of the League led to important missions to India
and China.
After retiring from the League, Lord Salter was Professor of Political
at Oxford
Theory/for 10 years, and he sat as an Independent member of parliament for the
University from 1937 until that ym vote was abolished in 1950.
Lord Salter came to Washington in 1941 as head of the British Merchant
Shipping Mission.. During 1944, he served as Deputy Director General of V1BRA,
Wd.
aid from 1947 to 1948, he was chairman of the Advisory Council of the International
Bank. During this period, he wrote frequently and spoke widely on the subject
of economic cooperation.
In 1951, he was elected a member of parliament for Ox2uski, and shortly
thereafter became Minister of State for Economic Affairs, While in this post,
he led the United Kingdom delegation to the Mexico City me6tiug of the International
Bank and International Monetary Fund. In 1954, at the invitation of the Iraqi
Government, he went to Bagdad to advise the Iraq Development Boas,
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If I were to recite the M list of Lord Salter*s publications, and the
numerous orders, degrees and other honors he has received, it would take all
of our time this evening.
The world today, like all Gaul, is divided into three parts. There is
the Socialist Camp, lead by the Soviet Union; the Industrial West, militarily
bound together in NATO; and the vast territory of underdeveloped end largely
uncommitted nations in Asia, the Middle East, end df-tica. The
East-West battle for the minds of men in the underdeveloped areas of the
world has been termed the most fateful contest of our time.
Today we in the West are trying to forge a successful strategy to meet
this challenge. From his wealth of background and Ommmobw
Lord salter will speak to us on, Relationships Betweeen IIi _1_ Industrialized
and Underdeveloped Areas. It is any privilege to present to you, Lord Salter.
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