Monday, Nov. 13, 1950

Millionaires' Row

Harry Truman reached down into millionaires' row last week to find men for jobs where millions are spent for worthy purposes.

E. Roland Harriman, 54, son of the late Railroad Builder E. H. Harriman, younger brother of Presidential Adviser Averell Harriman, was named president of the American Red Cross, succeeding General George C. Marshall, who will resign Dec. 1. A partner in his family's Wall Street banking firm (Brown Bros., Harriman), Yaleman ('17) Harriman is chairman of the board of Union Pacific Railroad, directed the 1949 Red Cross fund campaign.

Nelson Rockefeller, 42, hard-working second of John D. Jr.'s five sons, longtime professional "good neighbor" to Latin America, accepted the chairmanship of the advisory board of the Administration's Point Four program (which provides technical aid to underdeveloped countries). At his press conference, Truman said Rockefeller had agreed to be managing director of the Point Four program, but the later White House official announcement indicated nothing of the sort. Washington insiders thought that it was probably a slip of presidential timing, not tongue, believed that Rockefeller would eventually be eased into the top job, now being held by Capus M. Waynick, who is on leave from his post as Ambassador to Nicaragua.

This file is automatically generated by a robot program, so reader's discretion is required.