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August 16, 1948 Personal and Confidential Memorandum for: Robert A. Lovett Under Secretary of State From: The President I read the memorandum regarding the Israel request for $100 million loan and I sincerely hope that there will not be a flat turndown until further consideration has been given by the World Bank. Of course, I don't want any loans made that are not proper for the Bank to make but this situation has all sorts of implications. Sometime in the not too far distant future I'd like to have a conversation with you on the subject and incidentally on several other subjects about which I do not want to talk with the Secretary because of their political implications. H SA ARCHIVES 'NATIONAL SERVICE" RECORDE AND