Evening star., 1947-06-29
MorshoII's S Assistant
Is an Efficient
Executive

A.
in 1914. He learned to fly in 1916,
and in March. 1917. volunteered as
an aviation instructor for the Yale
unit. He was sent overseas as a
naval officer in July Of that year.
He rose to the rank of lieutenant
commander and became commander
of United States Naval Air Squad
ron No. /, stationed at st. Inglevert,
France, the first American naval
air squadron to engage in night
bombing. He was awarded the Navy
Gross.
incidentally, Mr.. Lovett found
one of the pilots in his old naval
air squadron already in an impor-
tant position in the State Depart
ment when he began his. dual fly
ing" period there last month
Charles Fahy, legal adviser.
Banking Background
Mr.. Lovett came back from World
War 1 service early in 1919. In
April of that year he married Miss
Adele Quartley Brown Of New York
City. They moved to Cambridge
Mass, where he enrolled in a spe-
cial session of the Harvard Law
School to complete the require
ments for his degree, He later
studied economics and business law
in the Harvard Business School.
In 1921 Mr.. Lovett began to learn
the banking business from the bot
tom. He became a clerk in the Ma
tional Bank of Commerce in New
York, where for two years he
worked in various departments
| learning international banking ano
finance.
At the end of this period he
joined Brown Bros. & Co., one OF
the Oldest merchant banks in New
York. One of. his early tasks there
was to modernize operations with
out upsetting the routine of the firm
an early display of the organizing
ability for which he has become
noted.
In 1925 Mr.. Lovett went to London
to learn the English and conti-
mental systems of banking anc
trade. He returned to the United
States the following year to become
a partner in Brown Bros. & Co
This firm merged with Hartman
Bros. to form Brown Bros, Harri.
man & Co. in 1882, Mr.. Lovett con-
tinuing as an active partner.
| Mr.. Lovett had the special re.
sponsibility of making annual trips
to Europe to handle trade financing
projects with banks and firms il
Britain, France, Holland, Belgium
and the Scandinavian countries. A.
by-product of those trips he be.
came well-grounded in European
economic and financial conditions.
Civic Responsibilities
In the meantime Mr.. Lovett be-
came a member of the board of thu
Union Pacific Railroad and It's sub.
sidiary lines, and took on man!
civic responsibilities in New York
He served as trustee of the Metro
politan Museum of Art, a directo
of the Carnegie Foundation for tn,
Advancement of Teaching, on tn,
board of the New York Communit,
Service Society, a member of tn,
Board of Managers of the Presby
terian Hospital, and with numer
ous other organizations.
After his wartime service II
Washington. Mr.. Lovett resumed
last year some of his business ant
civic responsibilities in New York
from which he had to resign agai,
when asked by Gen. Marshall to b,
his Undersecretary of State.
Mr.. Lovett had looked forward II
remaining in private life. But, h,
explains, wlen one has once WORKED
with Gen. Marshall he doesn't turn
down request to do so again.
His duties as Undersecretary ar,
broadly defined as to advise and as
5ist the Secretary in the formula
ton, determination and execution
Of United States foreign policy, ant
during the latter's absence from tn
Capital to be Acting Secretary. H
also assists in providing policy di
rection to the American delegation
to the United Nations and aids il
the departments relations will
Congress.
A little more than a week ago, MI
Lovett solved one of the persona
problems confronting every one com
ing to Washington-a place to live
He and Mrs. Lovett now have movet
their furniture back from New Yorl
to a house at 2425 Kalorama roat
NV.