Memorandum of Conversation with Secretary of State Dean Acheson, Henry Morgenthau, Jr., and Stuart Rockwell

sts 282. 006146 Return to MEMORANDUM OF CONVERSATION ma January 9, 1950 SUBJECT: Developments Affecting Israel PARTICIPANTS: The Secretary Mr. Henry Morgenthau, Jr. conf ANE - Mr. Rockwell COPIES TO: s/s(2), NEA, ANE, CIA, DRN, EUR, E, ANE/E, USUN, UNA, NEA/P Amembassy, London Amlegation, Amman Amembassy, Tel Aviv Consulate General, Jerusalem Amembassy, Cairo Amvat, Rome Problem: 2 Action Required: ARGMIVES AND "NATIONAL RECORDE = SERVICE" Action Assigned to: Discussion: Mr. Morgenthau called upon me at his request. He said that he was leaving within a week for Israel in connection with the fund-raising activities of the United Jewish Appeal and before his departure wished to exchange views with me, 1. Development of the Jordan Valley and Loan to Israel - Mr. Morgenthau expressed himself as being very interested in the peace and development of the Near East as a whole, and particularly in the development of the Jordan Valley. He said that he had heard that the negotiations between Israel and Jordan wore going pretty well and wondered whether if peace were signed between these two countries it might not pave the way for a scheme of developing the whole Jordan Valley for the benefit of Israel and the Arab States bordering the rivert Mr. Rockwell stated that in addition to the large amount of funds necessary for such a plan, the political agreement of all the states involved would be essential. Although talks were now going on between Israel and Jordan there was a stalemate over the width of the corridor between Jordan and the Mediterranean, and political agreement between Israel and the Arab States would unfortunately probably not be reached in the near future. Mr. Rockwell added CASSIFIED then E: O.. 11652, Sec. 3(E) and 500 pr 1-26-79 Dept. of State letter, PROJECT NLT 78.72 By He 2-15-79