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Dr. Melchior Named Director of International Settlement Bank

April 7, 1930
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Dr. Carl Melchior prominent Hamburg banker, internationally known economist and a partner of Max Warburg, a brother of Felix Warburg, was yesterday named one of the two German representatives on the Directorate of the Bank for International Settlement, by Dr. Hans Luther, the new head of the Reichsbank.

The appointment of Dr. Melchior was no surprise, last week he had been offered the position as head of the Reichsbank, which he had declined. In every one of the post-war conferences Dr. Melchior had represented his country. He participated in the negotiations at Versailles in 1919 and was prominently concerned in the deliberations of the Reparations Conference early last year. In order to accept the position on the Directorate of the Bank for International Settlement, Dr. Melchior intends to resign from his position in the Finance Commission in the League of Nations.

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