Honorary President F. A. HAYEK Executive Committee PRESIDENT: G. SCHMÖLDERS - GERMANY The Mont Pelerin Society GASTON LEDUC - FRANCE SECRETARY: RALPH HARRIS - UK Treasurer SECRETARY: RALPH HARRIS ARTHUR KEMP 1 USA Vice-Presidents c/o IEA . EATON HOUSE S. H. FRANKEL - UK MILTON FRIEDMAN - USA 66a EATON SQUARE . LONDON SW1 Chr. GANDIL - DENMARK J. P. HAMILIUS - LUXEMBOURG TELEPHONE: 01-235 2294 Other Directors ARMIN GUTOWSKI - GERMANY M. MATSUSHITA - JAPAN LEONARD READ - USA B.A. ROGGE - USA B. R. SHENOY - INDIA MAX THURN - AUSTRIA N. ZULOAGA / VENEZUELA 31st January, 1969. Dear Member, The Seventeenth General Meeting of our Society was held last September at Aviemore in Scotland. The 300 Members, guests, wives (and children) who attended appeared to enjoy the usual mixture of entertain- ment and intellectual stimulation. At the AGM the six vacancies on the Board of Directors created by the loss of Leoni and Villey and the retirement (after 3 years) of Harris, Kemp, Lutz and Philbrook were filled as follows: Harris as Secretary, Kemp as Treasurer, and Leduc, Gutowski, Shenoy, Read. Special Meeting 1969: Venezuela Following the AGM at Aviemore, the newly elected Board accepted the offer of Dr. Zuloaga and his Venezuelan colleagues to arrange a Special Meeting this year at Caracas from Sunday 7th to Saturday 13th September. The theme for discussion will be "Development: Market or Planning" and two sessions are being reserved for the discussion of papers in honour of Bruno Leoni and Daniel Villey. Although we are unlikely to come near the record attendance in Scotland, our Venezuelan friends are raising special funds towards the travelling expenses of European Board members, speakers and perhaps some others to help ensure adequate representation of all nationalities. Speakers will be approached as soon as the Executive Committee and the Venezuelan Organising Committee have agreed the list. General Meeting 1970: Germany It was also agreed at Aviemore that the next General Meeting would be held next year in Germany and our new President Gunter Schmölders has proposed a broad theme of the place of the entrepreneur in the modern economy and society.