Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized WELCOME TO NEW STAFF-JULY (L to R): Mercedes J. Labora, &onomic Department, from Mexico City; Virginia Draper, Economic Department, from Denver, Colorado; Madeline Potts, Technical Operations Department, from Tulsa, Oklahoma; Gloria C. Coates, Technical Operations Department, from Washington, D.C.; McIver, Tech­ nical Operations Department, from Washington, D.C.; Jean Norton, Legal Department of IFC, from Montreal; Edna L. Palla, Technical Operations Depart­ ment, from Cavite, Philippines; Rosario T. Dacanay, Treasurer's Department, from Mandaluyong, Rizal, Philippines; Marlies Smit, Development Services Department-EDI, from Delft, Holland; Beverley Baxter, Technical Operations Department, from Islington, Ontario. (Unable to be present): Rogelio G. Da1l id, &onomic Department, from Manila.

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Vol. 18 No.8 September 1964 INTERNATIONAL BANK NOTES

CONTENTS Page I mpressions of Japan ...... ,...... 3 Banking on Evere·s[ .... ~ ...... 7 The Dez Dam ...... ~ .. ~...... ,...... 10

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Cover picture courtesy of Japanese Embassy.

2 Impressions of JAPA:N by Leonard Maurer In order to give a little of the flavor of Japan to Bank and Corporation staff members not attending the Annual Meetings this year, we asked permission to reprint excerpts from a report written by Washington artist Leonard Maurer on his return from Japan last summer. Mr. Maurer received a grant from Mt. Vernon Junior College, where he teaches art, to study print making in Japan. He wrote this report for their Alumnae Bulletin. The illustrations are from his sketch books.

Air travelers arnvmg in Tokyo at The wooden buildings of the Edo pe­ dusk, as we did, are greeted by a spec­ riod were lost in great numbers tacle of multi-colored neon, a painting­ through fire. Those which survived the with-light unique to our age. The 18th and 19th centuries were mostly colors move, by design, by reason of destroyed by the earthquake of 1923 vapor-drift, and because of eclipse and and the fire ·bombs of 1945. Where a revelation due to the plane's move­ historic structure exists it almost cer­ ment. No matter how tawdry some of the lights seem from the streets, they take on a magic from the air. No talk of jewels can begin to convey the beauty of this wide sea of sparkling, trembling brilliance that seems more like an imagined mass of fireflies convening and communicating by means of color. New York from the air is exciting, but the light is centralized and be­ comes lost in the canyons created by the tall buildings. The beauty lies more in the verticality of the lights than in their color ~nd movement. Weare always moved by the sight of New York at dusk, seen from over the East or Hudson Rivers, but Tokyo, because of its low buildings, opens up aU its light and color, and is like no other city in the world. Of all the many things we saw with pleasure in Japan, tainly is a recent reproduction. New no one thing impressed us more, al­ buildings are rising in every area of though some affected us as much in the city. New roads, overpasses, un­ different ways. derpasses, and subways make travel • • • within the city a bouncy, dusty adven­ By day Tokyo is an undistinguished ture, and walking more like threading city - drab, dusty, noisy, crowded. a tortuous obstacle course. There are no great avenues and no Beyond the central area the city vistas. The trees are few and lawns stretches for miles along narrow ave­ are rare. Little exists from the past. nues that are lined with one or two

3 story structures, occasionally relieved and prints; another selling only aba­ by ,taller ones-hotels, offices, depart­ cuses; a store in which are made and ment stores, schools or factories. In sold bamboo garden i terns such as general, private houses are located on gates; a shop selling radio parts; an­ narrow streets or alleys that originate other stocked with dried fish; and the on the avenues and form complexes rest those common to any neighbor­ within uneven boundaries. These hood, such as grocery, drug and barber houses are usually small and hidden shops. The drug store may be modern by walls that give privacy in a crowded and well supplied with the new drugs, situation. No matter how small the or it may be more traditional, showing house it inevitably has a garden, small in its window live snakes and toads, too but in scale and of great impor­ strange plants and jars containing tance. items we chose not to recognize. A Visitors who come to Tokyo after walk past a restaurant is not unlike a having seen Hong Kong and the cities visit to a Pop Art show, as almost all of Southeast Asia often express dis­ appointment in its drabness, and this is understandable, especially where the traveler is caught up in the tourist's life of hotels, guides, shops, restau­ rants, and little time, and dares not venture beyond these elements. The face of Tokyo is somewhat blank es­ pecially in the areas of big business, • big stores and big buildings. The de­ light and the sense of life is more to be found in the myriad neighborhoods that make the city and its environs. These neighborhoods are so complete in themselves that one feels a life could be lived in anyone of them with no need for stepping outside the boundaries. One. gets to know Tokyo as much by the nose as by the eyes and ears, the smells being numerous and often unpleasant. The canals, especially in hot weather, can be overwhelmingly odorous, and there are often stenches that arise from nowhere to assault the nostrils at most unexpected moments. Balancing the bad smells are those of spice and incense, the latter always prevalent in the vicinity of the tem­ ples. One of the charms of the streets is in the endless variety of shops, small, often dark, and almost always busy. Within a single block you may find a store selling nothing but rope, a com­ mon commodity; another selling books

4 restaurants exhibit in their windows plastic reproductions of the dishes served. As the reproductions are done with care and without pretention, they seem superior to the Poppers. Stone plays an important part in Japanese life and stone works occur in most neighborhoods. The tap of chisels against stone can almost always be heard. Walls and steps, cemetery memorials, stone lanterns and building blocks are being produced every day, and the chance to watch the expert craftsmanshi p of the stoneworkers adds much to the pleasure of strolling. This craftsmanship is a commOn as­ pect of daily life, and it can be ob­ served on all sides, since so much work is done in the streets or in open­ fronted shops. Even the wrapper of a package conveys a sense of pride in a job expertly and carefully done ...... We know it has been said over and over that Japan is a country of con­ tradictions, but it is still so true the need to say it is inescapable. On two successive days we were taken on trips gant store dealing in the accessories of to nearby places. On the first of these the Geisha, where the cases are full of days we visited the Asakusa area, tortoiseshell combs and decorative hair where the chief point of interest is a pins selling for hundreds of dollars. large, colorful temple in very active The next day we went to Kita use, with people coming and going, Kamakura, a short distance beyond worshiping or visiting. Our taxi left Yokohama, perhaps an hour's train us several blocks from the temple and ride. Here one enters into a silence we approached it through a long ar­ of taU, straight, giant cryptomerias and cade lined with shops. These have end­ old temples where the steps are worn less fascination for the westerner, and with hundreds of years of pilgrimages. it becomes obvious that this is no less The temples are built of wood weath­ true for the Japanese. The arcades are ered by the years, and have thatched. crowded with people and business al­ or tiled roofs. The gardens are waned ways seems good. The hub-bub and enclosures of moss, bamboo, and fruit the sense of life, even on ordinary trees set among beautifully placed days, lends a festive air. The juxtapo­ stones. A bent, wandering remnant of sition of shops adds to the interest. a plum tree six hundred years old, Next to a small shop selling hardware propped up by crutches, still sends and farmers' tools, and in which the forth a handful of leaves. The whole proprietor sits on the floor sharpening feeling is of reverence, silence and his knives and saws, one finds an ele­ timelessness. The sounds are those of

5 birds, frogs and cicadas, the shuffle of house behind a wall reveals a beauti­ sandals and the occasional murmur of ful, quiet garden while next door a priest telling his beads. The beauty girder rises upon girder and the rivet­ of the moss and ferns and soft-edged ers destroy the silence. Beyond the stones is unique, the hustle of yesterday new building may lie another house a distant memory. with a tiny garden pool enclosing a Contrasts are also met within the red carp or two where the only sound same block and same minute, when a is of trickling water and crickets.

************ CRI CKET The Yorkshire County Cricket Club is coming to Washington to play the local club, the British Commonwealth Cricket Club, on Monday, September 21. The match will begin at 11: 00 a.m. on the Polo Field in West Potomac Park. The Yorkshire team will be selected from D. B. Close, J. G. Binks, D. Wilson, P. J. Sharpe, F. S. Trueman, D. E. V. Padgett, G. Boycott, A. G. Nicholson, R. Illingworth, R. A. Hutton, J. H. Hampshire and M. Ryan. Come and see these famous cricketers in action. There is no entrance fee. For further information call Mr. William D. S. Fraser, Extension 2108, Room 1219.

On Sunday, October 4, the third annual match between the British Embassy and the World Bank will take place. The time-2: 00 p.m.; the place-the Polo Field. All staff members are welcome. The names of those playing for the Bank will be announced later.

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6 Story and Photographs to abscond, importing restricted items by Ralph Wyeth without actually smuggling, and so on. All this is banking in its wider sense, When I came down from the Uni­ but I have to admit that having me as versity many people recommended that a banker on our expedition didn't do I not go in for banking because it was much good because we still spent more dull. Perhaps this is a correct notion if money than we had, as expeditions banking means working in the Puddle­ usually do. ton-on-the-Marsh office of the West­ Our expedition was led by Sir Ed­ land Bank, but everyone in 1818 H mund Hillary, who was the first person knows that banking means other to climb Everest (in 1953 with a things. I have spent over thirty-five Sherpa named Tenzing Norgay). It years trying to prove that banking is all started with Sir Edmund's wish to not dull, but when I set out in search do something for the Sherpas, because of brighter banking I never expected he felt that it was only by their help that it would include an expedition up that he was able to reach the top. Mount Everest. Sherpas are a Tibetan tribe who live Since I am a banker, I am a paper on the middle slopes of Everest, be­ pusher, and since climbing mountains tween eleven and fifteen thousand feet. these days is more a matter of dealing They are completely remote from the with mountains of paper than with rest of Nepal; no government officer reaching high altitudes, there's scope likes to undertake the fortnight's walk for paper pushers in mountaineering. which is involved in reaching their Besides collecting money and getting villages from Kathmandu, and they are it to the climbing area, there are such very neglected. The nearest school, things as securing permission from the hospital and police station are at Ok­ local government and paying fees (you ladhunga, which is one week's walk pay according to the height-here it away (in good weather), and so Sher­ would be called a debt/altitude ratio). pas have nothing to do with any of Then there are all kinds of logistics these institutions. A few are engaged problems like advancing pay to porters in trade with but there has been in sufficient amounts to retain their less of it since the border was theoreti­ services but not enough to tempt them cally closed, and the only money earned

7 Payday on Everest is from expedition porterage. (Please it got tired. I personally established no don't stop reading-this isn't going to records unless I was the oldest man to be an Appraisal Report.) go on an Everest expedition, since I Some years ago Sir Edmund asked a was already well into my second half group of Sherpa village headmen what century. We were suitably interna­ they thought they needed most, and tional; mostly New Zealanders and they replied - schools. Funds were Americans, and one each from , raised in the United States to get a Ireland and Britain. program started, and the first school The first problem was to get all our was set up during a nine-month long equipment in. This involved charter­ expedition in 1960/61 (which was ing an aeroplane to bring it from the mainly concerned with other things, docks in Calcutta to Kathmandu in including the yeti). The expedition Nepal, and we employed 205 porters of which I was a member continued to carry it in 60 lb. loads per head from the program by setting up two more Kathmandu to the base camp at a vil­ schools in two adjacent villages, and lage called Khumjung, where the first widening the scope of the work in the school was already flourishing. This village where the first was established was a walk of 184 miles through two years previously. 85,000 feet of ups and downs, taking It was· mostly a welfare expedition, sixteen days through perhaps the but there were some high altitude world's most fantastic contrasts of climbers in our party and our climbing scenery. Satellite camps were set up permit covered the tops of two knobs at Thami near the Tibet border, and sticking out on the -side of Everest at Pangboche, which is the last per­ which had never been attempted be­ manently inhabited village on the way fore (the top of one of them is still to the top of the mountain, and the unclimbed; but our climbers did reach schools were built at these two places. the top of the other). I am always At the same time a clinic was opened being asked how high I got, but I can­ in a room made available to us in the not answer this question because the Buddhist Temple at Khumjung, and a dial of my altimeter only registered up very simple water supply was installed to 16,000 feet, and when the needle for which we carried in over a mile of started round the clock a second time polythene piping. Hitherto the women

8 of the village had had to walk this dis­ Sherpa houses, as we often were. Of tance and climb 800 feet to fetch water course it was not for us to ask our in wooden buckets which weighed 80 hosts how they had come by the food. lbs. when full : now they collect it from Later on, when we were passing a tank built at the village end of the through territory where a Japanese pipe. team had been climbing, the concoc­ Our time was spent with the people tions were strange enough to demand rather than getting out of breath higher investigation, and we found that a up where the Americans were at that packet of Japanese pot cleanser had time going for the top (the two expe­ been included in the compote of de­ ditions met at Namche Bazaar, which hydrated legumes. is the biggest village on the moun­ When away from our own camps tain). We identified ourselves with we lived in Sherpa houses with big the people as much as we could and families of children and yaks, always they worked with us very enthusiasti­ in a fog aided by a dung fire in the cally in the building programs. We middle of the floor and abetted by lived mostly on their food, which con­ inadequate ventilation. Unlike other sists of nothing but potatoes, yak meat Nepali houses, Sherpas' do have prim­ (never less than two years old), dai itive toilet facilities and there is always (curd) and tsampa (barley flour). an ice cold stream outside for washing. This diet becomes monotonous after a For warmth at night everybody sleeps time and once or twice we sent porters in a heap on the floor, and my most down to lower altitudes to buy chick­ vivid impression of the Sherpa house­ ens and eggs, which provided some hold is fleas. variety. After the American expedition But it's a nice kind of banking. left the mountain, we had some strange Sherpas are completely charming peo­ concoctions based on American ingre­ ple with no inhibitions and they are dients when we were entertained in Continued on p. 15

The new wa ter tank in operation

9 T~ DEZ Centuries ago Khuzestan, in south­ I western Iran, was laced with irrigation works and served as a granary for the Persian Empire. The area is now largely desert and its people struggle to eke out a bare subsistence. New hopes for Khuzestan have risen with the great multipurpose project on the Dez River for electric power genera­ tion, irrigation and flood control, par­ tially financed by a World Bank loan of $42 million approved in 1960. Completed and dedicated by the Shah of Iran in 1963, the great Dez Dam fills a narrow gorge to a height of 620 feet, making it one of the highest dams in the world. It took nearly four years to build this gigantic thin-arch dam. The reservoir is already full, and the powerhouse is supplying urgently needed electric power. The water released through the tur­ bines is being used to irrigate a 50,000 acre pilot agricultural project involv-­ ing fifty-three villages and 12,000 peo­ ple. This pilot program, in the area of the towns of Dezful, Andimeshk and Shush, is designed to demonstrate how

Workmen clear away rubble from the almost vertical side of the gorge.

A view of the lower part of abutment excavations. IE DAM better farming methods and diversified cropping can be applied on a large scale. Ultimately it is hoped that irri­ gation and agricultural development based on the Dez Dam and its asso­ ciated works will cover some 225,000 acres. The underground powerhouse was built just below the dam and equipped initially with two 65,000-kilowatt gen­ erating units. A 104-mile high-volt transmission line runs from the dam A view of the almost completed dam. site to Ahwaz to serve the areas of A general view inside the powerhouse. Ahwaz and the Persian Gulf towns of Khorramshahr and Abadan, with sec­ ondary transmission lil1es built to serve the towns of Dezful, Andimeshk and Shush. The reservoir serves still another purpose as it is operated so as to re­ duce the flood damage which now pe­ riodically occurs, especially in the zone between Ahwaz and the Persian Gulf. The pictures on these pages were taken over a four-year period to show the progress of the Mohammed Reza Shah Pahlavi Dam from start to finish.

Transformer and draft tube platforms. A mist blown upstream from the spill­ way discharge obscures the dam.

The finished product. A general view of the dam and spillway inlets from upstream. NEW PRO !FESSIONAl STAFF Harold G. Brandreth, a Canadian, has been a Transport Economist on the staff of the Department of Operations- and Middle East since July 8. He is resident in Dacca, East , as Adviser to the Communications and Transport Department. Mr. Brandreth was with the External Aid Office of the Government of from 1960-64, first in Burma and later in Malaya, as Adviser to those governments on transport matters. He was Director of Traffic Research and Development of Pacific Western Airlines, Ltd. in Van­ couver from 1956-60 and from 1949-56 worked as a Transportation Economist with the Canadian Government Department of Transport in Ottawa. Mr. Brandreth has his B.A. in Economics from the Univer­ sity of British Columbia and his M.Sc. from the London School of Economics. Mrs. Brandreth is with her husband in Dacca and their three daughters are attending school in south India.

Ladislav Topolsky, now a U.S. citizen, joined the Cashier's Division of the Treasurer's Department as a Foreign Exchange Assistant on July 15. He worked in the International Department of the Mellon National Bank and Trust Company in Pittsburgh from 1957 until coming to Washington and was a machine operator with Bethlehem Steel Corporation from 1951-58 while attending college in this country. Mr. Topolsky worked for the Czechoslovakian Ministry of Post from 1940-45, was Manager of a U.N. hospital in Passau, Germany from 1946-48 and Medical Supply Manager for U.N.R.R.A. in Passau from 1948-49. He is a graduate of State Technical Institute in Czechoslo­ vakia, has his B.S. in Business Administration and M.B.A. in Economics and Marketing from Duquesne University in Pittsburgh. Mrs. Topolsky and their seventeen year old son will join Mr. Topolsky in Washington in the late spring.

Adolf J. H. Enthoven, a U.S. citizen born and raised in HoJIand, came to LF.C.'s Department of Investments-Latin America, Europe and Australasia as an Investment Officer on July 20. From 1957 until com­ ing to Washington, Mr. Enthoven worked with the C.P.A. firm of Lybrand, Ross Brothers and Montgomery in New York City, most recently as Director-Europe in their international division with spe­ cial concentration on new U.S. investments in Europe. He has worked with Price Waterhouse and Company on two occasions-in New York in 1957 and in San Francisco from 1954-55. During 1955-56 Mr. Enthoven was Chief Accountant of J uillard, Inc. in San Francisco and from 1953-54 was a management trainee with Canadian General Elec­ tric in Toronto. Mr. Enthoven has his undergraduate degree and Doctorate in Economics from the Netherlands School of Economics and a Master of Commerce degree from the School of Business Admin­ istration of the University of Toronto. He also attended the Institute for Advanced Social Studies in The Hague. He has settled in Foggy Bottom.

12 Don Stoops, an Agriculturist with the Technical Operations Depart­ ment since July 21, began his professional career with the U.S. Depart­ ment of Agriculture in 1942. He was sent as an Adviser to the Argentine in 1942-43, was Assistant Agricultural Attache in Mexico from 1946-48 and Assistant to the Head of the Production and Market­ ing Administration from 1948-52. Mr. Stoops was Chief of the Pakistan Branch of T.eA. from 1952-53, Chief of both the Pakistan and Afghan­ istan Divisions from 1953-55, and from 1955-57 was Deputy Director of the Point IV Mission in Iran. He was Deputy Director for LeA. in Panama from 1957-58. During 1958-59 Mr. Stoops was Vice President for Latin America of George Fry and Associates, leaving them to go to the Development Loan Fund as Senior Loan Officer in 1959. He was with AID from 1962 until joining the Bank as Chief of the East Coast of Latin America Division of Capital Development. He is a graduate of Oklahoma State University and has his M.A. in Agriculture from Ohio State University. Mr. and Mrs. Stoops and their son and two daughters live on their farm in Clifton, Virginia.

R. Alastair Morton, a British national born and raised in South Africa, has been an Operations Officer with LF.e's Department of Opera­ tions-Development Finance Companies since July 27. He spent the first part of 1964 at Massachusetts Institute of Technology as a special graduate student in the Department of Economics. Mr. Morton has his B.A. from \Xfitwatersrand University in Johannesburg and his M.A. in Law from Oxford University. From 1959-63 he was associated with the Anglo-American Corporation of South Africa Ltd. He joined them in London and after twenty months was transferred to the group's Rhodesian head office in Salisbury as personal assistant to two of the Directors. In October 1963 Mr. Morton moved to the Johannesburg office and was on the staff of the Group Secretary for the remainder of the year. Mr. and Mrs. Morton found a house in Georgetown.

Enrique Lerdau, a Peruvian, is an Economist with the Department of Operations-\V'estern Hemisphere. He came to the Bank on August 3 from the Organization of American States where he had been Assistant Director of the Department of Economic Affairs since March 1963 and Chief, General Studies from 1960-63. From 1956-60 Mr. Lerdau was an Economic Affairs Officer with the United Nations in New York, assisting in the preparation of the annual World Economic Survey and annual Commodity Survey, and from 1955-56 was Instructor in Gov­ ernment, Business and International Economics at Carnegie Institute of Technology. He is a graduate of Universidad Nacional Mayor de San Marcos in Peru and has his Ph.D. in Economics from the University of Wisconsin. Mr. and Mrs. Lerdau and their son and daughter make their home in Kensington, Maryland.

13 Cornelius T. Richardson, a Project Preparation Adviser in the Department of Operations-Africa since August 3, is attached to the Bank's Resident Mission in Khartoum. Mr. Richardson served as a Consultant on the Bank's Mission to Uruguay in June, coming to this assignment from AID where he was Desk Officer for the Ivory Coast and Niger from 1962-63, Assistant Desk Officer for Liberia from 1963-64 and Contract Specialist for the Far East Division just before joining the Bank. In 1961 Mr. Richardson served as Adviser on the formation of their industrial loan program to the Ministry of Commerce and Industry of , and from 1959-61 was Adviser on Small Indus­ try Development to the Government of . During 1958 he taught at the University of Kabul in Afghanistan and in 1957 practiced law in Washington. Mr. Richardson has also done management con­ sultant work and been in private business. He has his B.A. from the University of Washington, his LL.B. from the University of. Washing­ ton Law School, his M.B.A. from the Harvard School of Business Administration and has completed the academic work for his Ph.D. in Business Administration from American University. Mrs. Richardson and their little girl are with Mr. Richardson in Khartoum but their two sons will join them only on school vacations.

Hendrik van der Heijden, from Holland, reported to the Department of Operations-Western Hemisphere in Washington on August 3. He will leave shortly to take up his assignment as an economist with the Bank's Resident Mission in the Dominican Republic. Since 1962 Mr. van der Heijden has worked for the U. N. Bureau of Technical Assistance Operations, assigned to Instituto Latino-Americano de Plani­ ficacion Economica y Social in Santiago from 1963 until coming to Washington, and during 1962-63 in Haiti assisting and advising the Haitian Government. During 1960-62 he was a Research Assistant in the Division of Balanced International Growth of the Netherlands Economic Institute. Me. van der Heijden passed his doctoral examina­ tion in Economics at the Netherlands School of Economics. His wife and two little girls will join him in Santo Domingo.

Abraham A. Raizen came to the Public Utilities Division of the Technical Operations Department as a Financial Analyst on from the Securities and Exchange Commission of the U.S. Government. He had been Assistant Director of the Division of Corporate Regula­ tion ~ince 1960, B~~n.ch Chief from 19?8-60, Fina?cial .Analyst fro.m 1953'-58 and a Utllmes Analyst and FIscal and FmanClal EconomIst during 1941-43 and 1946-53. From 1939-41 he worked with the Bureau of Labor Statistics. Me. Raizen has his B.A. in Economics and History from Columbia College and did graduate work in Economics at Columbia. Mr. and Mrs. Raizen have two sons and a daughter and the family lives in Arlington.

14 A local Sherpa-built bridge

Continued from p. 9 weighing 240 lbs. being carried by one still unspoiled by modern civilization. man.) One wonders if it is doing them any That is all I can tell you about our service to bring the twentieth century expedition, and I will not excuse my­ to them, but when you see one of them self by saying that there is no space dying for want of simple medical at­ for more. One day a book is coming tention, and all of them struggling un­ out about this expedition, and if you der their heavy loads because they have want to know some more about it you no other transportation, there can only might buy it and thereby contribute be one answer. (When they are carry­ to the overdraft which, as expedition ing for themselves, by the way, their banker, is still on my mind. Which loads weigh much more than 60 lbs., brings me back to where I started. I'm and I have even seen a bag of sugar just a paper pusher.

Cleared with Nawang, Pasang, Norbu, Rembu, Mingbu. Copy for Abominable Srtowman.

************************************************* J' Overheard ~~ Office manager to new clerk: "Or, if you prefer, you may elect to skip your coffee breaks entirely and retire three ce~ years earlier."

Petit Fax For Teens You must learn some trade or profession -otherwise there may come a day when you won't know what kind of work you're ~ out of.

15 THE STAMP BOX

by Raymond E. Deely One of the major tasks confronting the new of Pakistan in was the building and establishment of factories and industries. Generally speaking, the area which became Pakistan sup­ plied the raw materials while the area which became India had the processing and manufacturing facilities. Having an abundance of pttlp but a shortage of paper, one of the first plants built was a paper mill in Karnaphuli. Cotton, one of the country's staples, was also plentiful but the means of converting it to clothing was lacking. In 1950, the DaUJood Brothers put up buildings in a barren area between and Hawkes Bay, purchased second-hand looms in japan and Europe, and by 1954 had a textile mill employing some 30,000 persons operating round-the-clock. jute, like cotton, had been exported raw, and Pakistan needed a factory to turn it i1'tto burlap J'(trdage and shipping sacks. Urged on by capable Abdul Currim: the Adamjee family agreed to finance the new factory. Currim was the driving force in the operation even to the seemingly miraculotts finding of a missing part for the generat01' without which the plant could not have been operated, The mill opened on schedule and was soon not only providing local needs but also earn­ ing much needed foreign exchange from its exports. Soon after its establishment, Pa.kistan sent explorers to the Baluch­ istan area in the hope of finding oil. None was found but the explora­ tions did uncover a vast subterranean field of natural gas. Arrangements were made with Sui Gas Transmission Co. to pipe this supply of power and light into Karachi and other cities in . Pakistan, in 1955, marked the eighth anniversary of independence with a set of 4 stamps: each paying tribute to one of these new indus­ tries. The 2!~-anna, dark carmine stamp pictures the Karnaphttli Paper Mill to which the Bank made a loan just about at the time of the stamp issue. The 6-(mna, dark blue stamp shows the Dawood Textile Mill and this and other operations of the Dawood Brothers have benefited from the Bank's loans to P.I.C.I.C. The 8-anna, violet stamp depicts the jute Mill in East Pakistan, several miles up-river from Dacca. P.Z.C.Z.C. has also made loans to Adamjee under our loans to it and IFC has not only made a loan to Adamjee but has also invested in p.z.C.z.c. The 12-anna, carmine and orange stamp presents a view of the Sui Gas fields in Baluchistan. The transmission of the gas was partly financed by the Bank's loan of $14 million to Sui Gas Transmission Co. in 1954. Before anyone reaches for the phone, and for the benefit of those who like collecting errors on stamps, let us add that the 20-anna value is in error. Arabic is written from right to left, but all figures are written from left to right. In the original engraving, which is the one shown here, the value is inscribed as ''!12.'' A new die was engraved in the following year and this error corrected.

16 STRANGE BUT TRUE LINCOLN AND KENNEDY 1. Both of these Presidents, Lincoln and Kennedy, were concerned with civil rights. 2. Lincoln was elected in 1860 and Kennedy was elected in 1960. 3. Both were slain on a Friday in the presence of their wives. 4. Their successors, both named Johnson, were Southerners, Demo­ crats, and had previously served in the U.S. Senate. 5. Andrew Jolmson was born in 1808-Lyndon Johnson was born in 1908. 6. John Wilkes Booth was born in 1839-Lee Harvey Oswald was born in 1939. 7. Both Booth and Oswald were slain before trial could be held. 8. Booth and Oswald were both Southerners favoring unpopular ideas. 9. Both presidents' wives lost children through death while residing in the White House. 10. Lincoln's secretary, whose name was Kennedy, advised him not to go to the theater the night he was killed. 11. President Kennedy's secretary, whose name was Lincoln, advised him not to go to Dallas.

Did someone say that history does not repeat itself?

* * *

MONTHLY S.P.M.G.G.* AWARD We salute the intellectual vivacity of this month's prize winner. Starting with a simple but fashionable noun, "manpower" (how much more dynamic than plain old "employees" or "personnel".'), he gave it the verb form "man­ powerize," and then with rare virtuosity, turned it back into a noun as "man­ powerization." Only an unimaginative clod could be satisfied with so simple a word as "hiring."

* Society for the Propagation of More Garrulous Gobbledygook.

17 CORNER

Tempura is a favorite Japanese dish around the world and one that Bank staff members in Tokyo will certainly enjoy. It is a sort of fritter and the most popular kind is made with shrimp, although green beans, broccoli florets and other fresh vegetables are often cooked in the same manner. The following recipe is offered for the benefit of "stay-at-homes" in Washington.

Shrimp Tempura (serves four) 1. As many large raw shrimp as desired. 2. Batter: 1VB cups all-purpose flol~r 1 egg 1 cup water 3. Sauce: -!4 cup shoyu 2 tsp. sugar Pinch of aji-no-moto (technical name- Monosodium glutamate). "Accent" is the American brand name for this Iltaste powder."

Shell shrimp, leav~ng tail fins attached to flesh. Remove black veins. Slit undersection of shrimp to prevent excessive curling. Wash and dry thoroughly. Prepare batter by beating egg and water, then add flour and mix lightly. Two or three stirs should be eQough even though some lumps may remain. Fill deep saucepan or deep fryer at least three-quarters full of cooking oil and heat until very hot. Dip shrimp one at a time into batter and drop into hot oil. Large bubbles will form. When these bubbles become small, the tempura is done. Drain and serve hot with warmed sauce and' hot rice The secret of good tempura is the batter, and the secret of a good batter is to avoid overmixing. An overmixed batter will result in heavy and excessively crusty tempura. To test oil for proper temperature make a small ball of flour and water and drop into hot oil. The temperature is just right if the ball floats to the surface immediately. ********

FIVE YEAR STAFF-SEPTEMBER TEN YEAR STAFF

(L to R): Gunther Lubbeke, Ruby Tung Yep, SEPTEMBER Renee Barozzi, Larissa Tung, Gi useppe Morra Inge Jensen and Reginald Gomez. (Insert): Rupert Wilson. Audrey Rozycki

Donald W. Jeffries

John D. Miller 9~ BIRTHS: Henner Wapenhans, BEST WISHES TO: Mr. and Mrs. fourth child and second son for Rose­ Amal Bose who were married in marie and Willi Wapenhans, arrived Washington on August 12. Mr. Bose on July 16 weighing 7 lbs., 6 ozs. in is on the I.F.C. staff. Mrs. Bose, the the Sibley Memorial Hospital. former Tri pti Bhattacharyya, is con­ Pilar and Patricia, identical twin tinuing her studies at Adelphi College daughters and first children for Stella in New York and will be only a and James Uelmen, were born on July visitor to Washington for the next 24 in the George Washington Uni­ year. versity Hospital. Pilar weighed 6 lbs., 4 ozs. and Patricia weighed 5 lbs., 7 Mr. and Mrs. Raul Almario who ozs. were married in the Church of the Laura Anne, second little girl for Immaculate Conception in Washing­ Angeles and Eduardo Almalel, was ton on August 15.. Mr. Almario is in born on July 26 in the George Wash­ the Administration Department. Mrs. ington University Hospital weighing Almario, the former Diane Ware of 6 lbs., 14 ozs. Bethesda, is completing her last year Ibrahim Salah, first child for Mar­ at the University of Maryland. The celina and Salah Abul-Hawa, weighed couple are living in Langley Park, 8 lbs. at birth in Sibley Memorial Maryland. Hospital on July 29. Joyce Shuter of the Economic De­ Michael Andrew, third child and partment and Claudio Buccini who second son for Peter and Lydia Cha­ were married on September 5 in the conas, weighed 8 lbs., 4 ozs. when he St. Thomas Apostle Catholic Church was born on July 30 in Georgetown in Washington. Mr. Buccini is from University Hospital. Rome. They are living in Arlington, Julietta and Leon Valencia's first Virginia. child, a little girl named Lena Maria, was born on August 5 in the Columbia Teresa Milne of the Personnel Divi­ Hospital for Women and weighed sion and Thomas Walker whose wed­ 7 lbs. ding was on September 7 in St. Salem Aldaghstani, first son and Matthew's Cathedral in Washington. second child for Inger and Muayyad Mr. Walker, from Washington, is a Aldaghstani, was born on August 19 lawyer in private practice in Rockville, in the George Washington University Maryland. The couple are househunt-' Hospital and weighed 7 lbs., 8 ozs. ing in Bethesda. Shirley and Tony Perram's second daughter, Noel Elizabeth, weighed 9 Darina Kelleher of the Department lbs., 9 ozs. at birth on August 21 in of Operations-Far East whose en­ the Georgetown University Hospital. gagement to Thomas T. Vogel from Heather and Tom Hilleary's second Columbus, Ohio was announced re­ little girl, Alexandra, arrived on Au­ cently. Mr. Vogel is attending the gust 27 weighing 7 lbs., 13 ozs. in Georgetown University School of Med­ the Georgetown University Hospital. icine. A May Wedding is planned. * * * * * Teenagers-are you a square dancer? No? Then get in the swing with the area's most popular teenage fun. Call Jim Deely (363 -4989) for information on clubs and instruction available. Parents mayl call Ray Deely on Bank extension 2435.

19 September r6 /

at f .r--" LA FA ETIE BO'A([' N·G CE NTER ,I . Eye Street, N.W. 153~ , . . / $1.5.0 a set '_-",,_, ~--l t /

PRESIDENT: Margaret Russell * VICE-PRESIDENT: Fred Elofson

SECRETARY: Anne Fernandez * TREASURER: Vicky Viola

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