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COMMITTEE ON BANKING AND CURRENCY

HOMER E. CAPEHART, Indiana, Chairman JOHN W. BRICKER, Ohio

BURNET R. MAYBANK, South Carolina IRVING M. IVES, New York

J. WILLIAM FULBRIGHT, Arkansas WALLACE F. BENNETT, Utah

A. WILLIS ROBERTSON, Virginia PRESCOTT BUSH, Connecticut

JOHN SPARKMAN, Alabama J. GLENN BEALL, Maryland

J. ALLEN FREAR, JR., Delaware FREDERICK G. PAYNE, Maine

PAUL H. DOUGLAS, Illinois BARRY GOLDWATER, Arizona

HERBERT H. LEHMAN, New York

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Page

S. Res. 25.

3

Statement of

Anderson, Arthur, Assistant Treasurer, Export-Import Bank..

158

Arey, Hawthorne, Assistant Director, Export-Import Bank.--- 86, 133, 170

Beretta, Francis, assistant to the general manager, Empresa Sider-
urgica Nacional de Paz de Rio, Bogota, Colombia

359
Boettler, Herbert F., vice president, First National Bank, St. Louis,
Mo..

227
Campos, Roberto, Banco Nacional do Desenvolvimento Economico,
Rio de Janeiro, Brazil..

376
Carlton, O. L., vice president, Central National Bank of Cleveland,
Ohio...

260
Chadsey, Horace M., vice president, First National Bank of Boston,
Mass..

195, 200

Christie, Lansdell K., president, Liberia Mining Co., Ltd., New

York, N. Y.--

302

Corea, Luis F., vice president, Riggs National Bank, Washington,
D. C..

271

Crockard, Merle R., assistant vice president, Second National Bank

of Houston, Tex.

186

Dewey, Chester R., president, Grace National Bank, New York, N. Y. 250
Edgerton, Glen E., Managing Director, Export-Import Bank.

59
Eisenmann, Roberto, president, Hoteles Interamericanos, repre-
senting El Panama Hotel, Republic of Panama.

345

Faulk, E. W., senior vice president, Merchants National Bank,

Mobile, Ala---

190

Frey, Henry A., Jr., assistant vice president, Philadelphia National

Bank.

222

Garza, Virgilio, Jr., Kojalata y Lamino, S. A., Monterrey, Mexico. 390

Gomory, Andrew L., vice president, Manufacturers Trust Co., New

York, N. Y.--

167

Grenas, Eduardo, managing director, Corporacion Mexicana and

Associacion Mexicana de Importadores de Maquinaria, Mexico

City-

393

Grove, Curtiss C., vice president, Bank of the Manhattan Co., New

York, N. Y

219

Huggins, E. V., vice president, Westinghouse International Electric

Co.

76

Hwoschinsky, Basil, senior vice president, Hanover Bank of New

York, N. Y

213

Jaramaillo Ferro, Roberto, general manager, Empresa Siderurgica
Nacional de Paz de Rio, Bogota, Colombia -

354

Long, Albert L., vice president, Republic National Bank of Dallas,

Tex..

264

Machado, Oscar A., Jr., general manager, Compania Anonima la
Electricidad de Caracas, Venezuela..

291

Maffry, August, vice president, Irving Trust Co., New York, N. Y.. 174, 224

Maiwandwal, Mohammed H., counselor of Afghanistan Embassy,

Washington, D. C..

308

McKenna, Norbert A., Reynolds & Co., New York, N. Y

240

Meili, Ernest H., senior vice president, J. Henry Schroder Banking

Corp., New York, N. Y..

279

Noriega, Manuel, Compania Fundidora de Fierro y Acero de Monter-

rey, S. A., New York, N. Y..-

304

Pape, H. R., general manager, Altos Hornos de Mexico, S. A

324

Pinheiro, Jose G. de A., Compania Siderurgica Nacional, Rio de
Janeiro, Brazil..

371

Rovira s., German, Corporacion Boliviana de Fomento and Yaci-

mientos Petroliferos Fiscales Bolivianos..

368
Statement of—Continued

Page

Roldan, P. Gutierrez, managing director, Altos Hornos de Mexico,

S. A.

324

Sada, Camilo G., general manager, Hojalata y Lamina, S. A., Monter-
rey, Mexico?

387
Schneider, Heinz, vice president, Union Bank of Commerce, Cleveland,
Ohio.

267

Shepard, Frank P., vice president, Bankers Trust Co., New York,

N. Y.

232

Siemon, William J., New York, N. Y.

329

Smith, Russell G., executive vice president, Bank of America, San

Francisco, Calif.

257

Stambaugh, Lynn U., deputy director, Export-Import Bank..-- 170, 266

Starr, H. Danforth, vice president, Cerro de Pasco Corp., New

York, N. Y..

282

Strelow, William R., vice president, Guaranty Trust Co., New York,

N. Y'

208

Vergara, Roberto, Compania de Acero del Pacifico S. A., Santiago,
Chile

339

Vihma, Elja, Finnish-American Trading Corp., New York, N. Y.... 344

Watson, Gordon, general counsel, Steep Rock Iron Mines Ltd., Steep

Rock Lake, Ontario, Canada..

298

Statements, letters, memorandums, etc., submitted for the record by-

Appendix.-

399

Altos Hornos de Mexico, S. A., Monclovia, Corahuila, H. R. Pape,

general manager: Reply to questionnaire

328

Arey, Hawthorne, Assistant Director, Export-Import Bank:
Biographical'sketch

85
History of operations and policies of Export-Import Bank -

86
Banco Nacional do Desenvolvimento Economico, Rio de Janeiro,
Brazil, Walder Lima Sarmanho: Reply to questionnaire--

382
Bank of America, National Trust and Savings Association, San

Francisco, Calif., Russell G. Smith, executive vice president:
Reply to questionnaire-

258
Bank of the Manhattan Co., New York, N. Y., Curtiss C. Grove, vice
president: Reply to questionnaire

220
Bankers Trust Co., New York, N. Y., Frank P. Shepard, vice presi-
dent:
List of credits extended by Export-Import Bank in which Bankers
Trust Co. participated.-

235
Reply to questionnaire -

239
Central National Bank of Cleveland, Ohio, 0. L. Carlton, vice presi-
dent: Reply to questionnaire.--

263
Cerro de Pasco Corp., New York, N. Y., H. Danforth Starr, vice presi-
dent: Reply to questionnaire.

290

Compania de Acero del Pacifico S. A., Santiago, Chile, Roberto

Vergara: Reply to questionnaire...

341

Compania Anonima la Electricidad de Carocas, Oscar A. Machado,
general manager: Reply to questionnaire

297
Companhia Siderurgica Nacional, Rio de Janeiro, Brazil, S. R. de
Oliveira, president: Reply to questionnaire..

374

Corporacion Boliviana de Fomento, German Rovira S.: Reply to

questionnaire

370

Dembitz, Lewis N., Assistant Director, Division of International
Finance, Federal Reserve System.

160
Empresa Siderurgica Nacional de Paz de Rio, S. A., Bogota, Colom-
bia, Francis Beretta, assistant to the general manager:
Letter to Sherman Adams, Assistant to President..

364
Reply to questionnaire..

365

Export-Import Bank:

Edgerton, Glen E., testimony ---

59

Arey, Hawthorne:

Testimony

86, 133, 170

History of operations and policies of Export-Import Bank.

86

Anderson, Arthur, testimony----

158

Stambaugh, Lynn U., testimony -

170, 266

Statement regarding participation by commercial banks in Ex-

port-Import Bank credits...

170

Pago

345

255

209

Statements, letters, memorandums, etc.—Continued

Finnish-American Trading Corp., New York, N. Y., Elja Vihma,

president: Reply to questionnaire..

First National Bank, Boston, Mass., H. M. Chadsey, vice president:

Reply to questionnaire

Supplemental letter.

First National Bank, St. Louis, Mo., H. F. Boettler, vice president:

Reply to questionnaire...

Fundidora de Fierro y Acero de Monterrey, S. A., New York, N. Y.:

Statement on the development of international trade with the

rest of the Americas.

Reply to questionnaire..

Grace National Bank, New York, N. Y., Chester R. Dewey, presi-

dent: Reply to questionnaire-

Guaranty Trust Co., New York, N. Y., William R. Strelow, vice

president: Reply to questionnaire -

Hanover Bank of New York, N. Y., Basil Hwoschinsky, senior vice

president:

Statement..

Reply to questionnaire

Hojalata y Lamina, S. A., Monterrey, Mexico, Camilo G. Sada, gen-

eral manager: Reply to questionnaire -

Huggins, E. V., vice president, Westinghouse International Electric

Co.:

United States and its foreign-trade position.--

Foreign trade position of the United States and the electrical

manufacturing industry...

United States electrical manufacturing industry and its relation

to the security, health, safety, and welfare of the country----

Analysis of legislation, treaties, and regulations affecting the

ability of American manufacturers to compete with foreign-

produced goods----

The foreign trade position of the United States and the elec-

trical manufacturing industry of the United States, by 0.

Glenn Saxton.--

Irving Trust Co., New York, N. Y., Hiram A. Mathews: Reply to

questionnaire...

Legislative enactments and Executive orders concerning Export-

Import Bank:

S. Res. 25, 83d Congress, 1st session...

Executive Order 6581, authorizing the formation of a banking

corporation to be known as the Export-Import Bank of

Washington.-

Public Law 173, 79th Congress-

Public Law 158, 82d Congress -

Public Law 171, 79th Congress, section 4..

Public Law 472, 80th Congress, section 111.

H. Doc. 135, 83d Congress, 1st session..

Reorganization Plan No. 5 of 1953.-

Public Law 30, 83d Congress.

Liberia Mining Co., Ltd., Monrovia, Liberia, New York, N. Y.,

Lansdell K. Christie, president: Reply to questionnaire-
Lucini, Lucio, New York, N. Y., representing Montecatini, Milan,

Italy: Statement.--
Manufacturers Trust Co., New York, N. Y., Andrew L. Gomory, vice

president: Reply to questionnaire.
Merchants National Bank, Mobile, Ala., E. W. Faulk, senior vice

president: Reply to questionnaire
Philadelphia (Pa.), National Bank, H. A. Frey, Jr., assistant vice

president: Reply to questionnaire
Republic National Bank, Dallas, Tex., Albert L. Long, vice president:

Reply to questionnaire..
Riggs National Bank, Washington, D. C., Robert V. Fleming, presi-

dent: Reply to questionnaire
Schroder, J. Henry, Banking Corp., New York, N. Y., Ernest H.

Meili, senior vice president: Reply to questionnaire..

174

303

386

168

191

222

264

272

280

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