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The President pointed out that the same type of situa-
tion existed in New York State; that he was interested in
the development of both the Seavay and the power project;
and that he liked the international proposition best.
The Prime Minister said he was primarily interested
in getting results. They would support the Province of
Ontario in its efforts to get agreement to the joint power
scheme, and they felt they could get approval for the Seavay
plan.
In response to the President's question as to the depth
of the proposed Seavay, the Prime Minister replied that it
vas to be 27 feet and in accordance with the 1941 Agreement.
The President felt this was satisfactory.
The Prime Minister pointed out that if the iron ore
development was to be successful, it must be on a mass pro-
duction basis and must be useful to the United States markets.
He also indicated that he felt it would be desirable for the
Canadians to talk about something constructive rather than
the cost of living.
The President said that he had tried to get the people
of the United States behind the project. His heart was in
it and he would do all that vas possible.
TRUMAN NARA
The Prime Minister indicated that he would like to be
able to say that the matter had been discussed here, and
that there was still hope that it could be done on the basis
of the 1941 Agreement. In the meantime, they would continue
to work out agreements with the Province of Ontario. How-
ever, they would have to negotiate with some United States
authority before the project vent to the International
Joint Commission.
The President suggested that the Prime Minister desig-
nate someone to vork out a statement to be made after the
meeting. The Prime Minister agreed to this.
The Prime Minister pointed out some of the advantageous
aspects of a joint effort, saying that United States assist-
ance vould in particular help to expedite the project from
the manpower, material and financial points of view. They
could, of course, do it alone, but with United States parti-
cipation the project would move more quickly.
The President
CONF IDENTIAL
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"ocrText": "-3-\nThe President pointed out that the same type of situa-\ntion existed in New York State; that he was interested in\nthe development of both the Seavay and the power project;\nand that he liked the international proposition best.\nThe Prime Minister said he was primarily interested\nin getting results. They would support the Province of\nOntario in its efforts to get agreement to the joint power\nscheme, and they felt they could get approval for the Seavay\nplan.\nIn response to the President's question as to the depth\nof the proposed Seavay, the Prime Minister replied that it\nvas to be 27 feet and in accordance with the 1941 Agreement.\nThe President felt this was satisfactory.\nThe Prime Minister pointed out that if the iron ore\ndevelopment was to be successful, it must be on a mass pro-\nduction basis and must be useful to the United States markets.\nHe also indicated that he felt it would be desirable for the\nCanadians to talk about something constructive rather than\nthe cost of living.\nThe President said that he had tried to get the people\nof the United States behind the project. His heart was in\nit and he would do all that vas possible.\nTRUMAN NARA\nThe Prime Minister indicated that he would like to be\nable to say that the matter had been discussed here, and\nthat there was still hope that it could be done on the basis\nof the 1941 Agreement. In the meantime, they would continue\nto work out agreements with the Province of Ontario. How-\never, they would have to negotiate with some United States\nauthority before the project vent to the International\nJoint Commission.\nThe President suggested that the Prime Minister desig-\nnate someone to vork out a statement to be made after the\nmeeting. The Prime Minister agreed to this.\nThe Prime Minister pointed out some of the advantageous\naspects of a joint effort, saying that United States assist-\nance vould in particular help to expedite the project from\nthe manpower, material and financial points of view. They\ncould, of course, do it alone, but with United States parti-\ncipation the project would move more quickly.\nThe President\nCONF IDENTIAL"
}