Three Transfusions

Two U.S. Government financial institutions last week got transfusions of fresh blood. To the $10,000-a-year chairmanship of the Export-Import Bank, fellow Missourian Harry Truman named boyish, earnest William McChesney Martin Jr., 39, onetime Wonder Child of Wall Street. The $48,000-a-year president of the New York Stock Exchange from 1938 to 1941, Martin was drafted into the Army as a private. By war's end he was a full colonel.

To become a member of the Bank's board, the President named plain, ambitious Lynn Upshaw Stambaugh, onetime national commander of the American Legion. Since his defeat in a three-cornered race for U.S. Senator in 1944, the North Dakota Republican has been a practicing corporation lawyer.

The third transfusion was to the Federal Deposit Insurance Corp. As its head, the President named another onetime Missourian--Maple T. Harl, 52, now a Denver banker. Both he and Martin succeed Leo T. Crowley, who was head of both institutions until he resigned to return to private business.

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