March 3, 1997

Federal Reserve Bank Exec to Take Part in Economic

Panel

“Perspectives on the U.S. Economy: From Vermont

to the World” will be the subject of a major economics symposium

to be held at Middlebury College on Friday, March 7, from 2-4:30

p.m. in Mead Chapel.

Participating on the panel will be Cathy E. Minehan,

president and chief executive officer of the Federal Reserve Bank

of Boston who will discuss her views on the outlook for the national

economy. She will also talk for a few minutes about Federal policy.

The second panelist will be Deborah L. Allinson,

senior vice president and director of the economics department

at Wellington Management Company LLP of Boston. She will talk

about the nation’s financial markets.

Other panelists include Alan R. Holmes Visiting Professor

of Economics G. Paul Wonnacott of Middlebury College, who will

talk about the global economy and its effects on wages. Arthur

G. Woolf, publisher of the “Vermont Economy Newsletter”

will next address the state of the economy in Vermont. Maxine

N. Brandenburg, president of the Vermont Business Roundtable,

will wind up the symposium with a talk about the effects of economic

trends on business.

Moderator of the program is Sunder Ramaswamy, associate

professor of economics at Middlebury College.

The symposium is sponsored by the National Bank of

Middlebury and Middlebury College. The public is cordially invited

to attend.