Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-03-13
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Per Jacobson Is Toasted
In BeuuteOuS SETTING
By BETTY BEALE

Per Jacobson, the man who
has loaned more money in his
three and one-half months as
head of the international
Monetary Fund than the fund
loaned in it's entire previous
history, was toasted in George
towns most attractive drawing
room last night.
At least if there are draw
ing rooms with more charm
than that of Undersecretary of
the Treasury and Mrs. Ran
dolph Burgess, most of us
haven't heard about them.
Helen Burgess latest addi-
ton to her fascinating Coach
House on Thirtieth street was
on display for the first time.
She has heightened her dining
room and redecorated it in
such a fashion that it is like
walking into an arbor OF
weeping willows The walls
show the trunks and lower
foliage: the ceiling is entirely
covered with leaves. The far
end is a wall of glass looking
out onto the real leaves of an
uncovered wall The effect
is utterly beautiful.
EnSconced in this setting last
evening 30 guests heard Randy
Burgess praise the new presi-
dent of INF as one of the most
beloved and able men he had
ever known.
Per Jacobson, who was born
and bred in Sweden. looks as
little like Americans idea OF
a financier as a man could look.
He looks more like a kindly
professor with a heart as warm
as his smile is wide. His
wife has the charm Of a sweet,
quick witted grandmother. and
indeed she is. One of their
daughters is married to an
American and lives in Minnea-
polls, and the other is the wife
OF Britain's famous miller Rog-
er Bannister.
In responding to his host,
Mr.. Jacobson recalled the
Joint report on flexible none
tary policies the two of them
drew up in 1916 for preSenta-
ton before the international
Chamber of Commerce. Unfor-
tunately. their recommends
tions drew little support at the
time, but the Korean War
caused most countries to adopt
them later, he observed.
THE International Monetary
Fund is like a fire brigade: the
worse things are in the world,
the more work We have to do, .
he said by way Of explaining
his unprecedented loan record.
It's better, therefore, for the
bank to be inactive. since it
indicates global harmony.
He amused his listeners
when he pointed out that. in
Switzerland, people had no
trouble keeping their minds on
international finance. But
over here we have real diff
Guilty doing it because we are
so much more interested in
politics.
Riggs Board Chairman Bob
Fleming, one of a paSsel OF
financiers present. then stood
up and toasted his hostess for
her great assistance on the
inaugural Committee.
Raising their glasses of pink
champagne were the Steve
Saulniers-he's the new young
looking chairman of the Presi-
dents Council of Economic
Advisers. Frank Southland,
United States Executive Di-
rector on the INF; Swiss
Minister and Mines. de Tor
rente: Senator and Mrs. Homer
Capehart, Senator and Mrs
Prescott Bush. Undersecre-
tary of Commerce Walter Will
liams. Director of Intelligence
and Mrs. Allen Dulles, Italian
Minister and Signora Ortona
Canadian Minister and Mrs
Ritchie, who arrived here =
month ago: Representative and
Mrs. Henry Tale, the Chair
man of the Federal Home
Loan Bank Board and Mrs
Albert J. Robertson. Oscar
! and Louise Cox and newsmar