To the Editor: Those who defend the President' s frequent use of the veto to stymie the majority will of Congress may be interested in the views of two early commentators on the Constitution. Peter Du Ponceau, provost of the Law Academy of Philadelphia, argued in 1834 that the President' s " negative power . . . is not intended to be frequently used. It is but seldom that a president can have just cause to differ in opinion from the representatives of the people and those of the states. " October 23, 1991

Dealbook Online; Leo E Strine, chief chancellor of Delaware' s Court of Chancery, says that he plans a March 6 ruling on request by El Paso Corporation shareholders hoping to stop the $ 21. 1 billion sale to Kinder Morgan; Yuri Milner' s DST Global agreed to an extended lockup schedule that controls when the company could sell its stock in Facebook, meaning Milner will not be able to flood the market with Facebook shares after the initial public offering; Diamond Foods announces that it will restat. . . February 10, 2012

Ms. Okonjo- Iweala and Mr. Ocampo were carefully vetted and specifically chosen for their arm& # 8217; s- length r? sum? s and expertise in development and international economic negotiation. African governments lobbied the Nigerian president, Goodluck Jonathan, to encourage Ms. Okonjo- Iweala to run; the Group of 11 emerging economies pushed for Mr.

Ocampo. Ms. Okonjo- Iweala was a World Bank managing director & # 8212; working directly beneath the president & # 8212; from 2007 until last July. In Nigeria, she fought to reduce the country& # 8217; s debt, gain greater access to international credit markets and battle corruption. Mr.

Ocampo served as finance minister and the head of the Colombian central bank, and led the arm of the United Nations that facilitates economic development. In a communiqu? , the leaders of BRICS & # 8212; whose countries represent more than 40 percent of the world& # 8217; s population & # 8212; underscored the need for a merit- based presidential selection process and change within the bank. & # 8220; We welcome the candidatures from developing world for the position of the president of the World Bank, & # 8221; the . & # 8220; The nature of the bank must shift from an institution that essentially mediates North- South cooperation to an institution that promotes equal partnership with all countries as a way to deal with development issues and to overcome an outdated donor- recipient dichotomy. & # 8221; Major aid groups such as and development research groups like the have also called for an open process and criticized American dominance over the bank. Dr. Kim attempted to head off some that criticism as he rallied support for his candidacy. In an published in The Financial Times, Dr. Kim called for an & # 8220; open, inclusive& # 8221; bank, saying, & # 8220; If the World Bank is to promote inclusive development, it must give developing nations a greater voice. & # 8221; He is currently on a & # 8220; listening tour& # 8221; through Ethiopia, China, Japan, India, Brazil and Mexico. A senior administration official indicated that Mr.

Obama chose him for his data- driven development approach, hands- on experience in developing countries and focus on the world& # 8217; s very poor.