Summaries of Telephone Conversations

Washington, D. C. CO SUMMARY September 5, 1945 11:50 AM CORCORAN to WORTH CLARK. CLARK said he wanted to tell CORCORAN about (GERALD) NYE: that he had talked to NYE this morning and NYE went up there sterday afternoon but (Senator) VANDENBERG was all tied up in a Finance Committee hearing so NYE didn't get to see him, so he is going back up this morning. CLARK asked if CORCORAN has a "pipeline to VANDENBERG" and CORCORAN said yes. CLARK said he thought it would be best to wait until NYE sees VANDENBERG and CORCORAN agreed. CLARK asked if CORCORAN had heard from (TIM) MOONEY on the RISEWANNER (phonetic) thing. CORCORAN said no; that he is trying to call MOONEY now. 2:45 PM CORCORAN to DONALD RUSSELL, State Department, 2976, advising that those letters went over as soon as they arrived, the day they came was Friday. CORCORAN asked RUSSELL if "those conferences are going to be arranged." RUSSELL doesn't know. RUSSELL suggests CORCORAN call DEAN (ACHESON). 2:46 PM CORCORAN to BILL YOUNGMAN advising that "those were forwarded to the President on Friday and he suggests that the way you handle this thing is to make an inquiry of DEAN ACHESON whether in view of the fact that DR. SOONG is leaving is imminent it would be possible to convey to the President the idea that the conference he asked for should be held immediately or sooner." CORCORAN tells YOUNGMAN he can do it as he knows ACHESON. 2:50 PM TIM MOONEY to TOM CORCORAN. TC - Here's what I want to know. I've just come back from Atlantic City. Is that HURLEY situation tight? TM - Here's what happened. I got in touch with KELLEHER Monday morning, and he promised to hold off there until Monday the 10th. TC - Sunday the 10th? TM - Monday the 10th. TC - That means we've got to get this out before then? TM - Now, I called HURLEY of the fact and told him that ED would be out of the office until Monday the 10th. Then he said that means if we are going to file these amended returns I've got to do it this week. I said, "Yes, that's right." He said he would get back to Providence right away. MOONEY then decided that it was Tuesday that he had called KELLEHER. CORCORAN advised MOONEY that he saw "our" associate in New Jersey on the BOLLES matter. Evidently this is a foundation and is having trouble with the Bureau of Internal Revenue concerning reserves and taxes. MOONEY advised CORCORAN that the Bureau of Internal Revenue was endeavoring to upset former supreme court decisions as affecting foundations and wanted to be able to tax the source of the income. They intend to file notices on some foundations requesting taxes as of January 1, 1946. MOONEY says that this will force the foundation to go to court, and will give the Bureau the right to get another hearing before the Supreme Court. MOONEY said that they would choose a favorable case, and agreed to let CORCORAN know if his client foundation would be one of those so chosen.