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- 3 - TC--On the front page of the Star yesterday. It had this whole St. Louis Post-Dispatch; that WINANT is going to France; that CAFFREY (Phon. ) is coming back--I don't know whether to be Under-Secretary or not; that STETTINIUS is going to London and JIMMY is going up and FRANCIS is going to Italy. BC--We'll see what we will see. 9:41am BILL YOUNGMAN to MR. TAUBE. TAUBE said "we " are going to have a meeting of the gang to find out how we are going to set up our own affairs here and no one is happy. "We" don't like the setup because it isn't what we had hoped and the boys don't feel there is enough promise or strength in this thing to tie into any program. So that leaves us high and dry. I, myself, am a bit disillusioned, particularly after listening to the SOONGS and recognizing how much work lies ahead, hemming and hawing. I don't think I want to work on a promise of what the Chinese may do after that period. In the meantime I have to turn down my own opportunities and curtail them. I don't feel this is a good business deal and I don't feel that any other engineering organ- ization would even look at it. TAUBE agreed to come down to talk to YOUNGMAN about it right away. 9:52am HENRY (GRUENWALD?) to CORCORAN. C--Yes, sir. H--How are you? C--Fine H--Did you have a good trip? Did you get your room? C--Yeah. You were good. Thank you. You got me a suite. You embarrassed with my magnificence? H--That's all right, Tom. Like a second honeymoon. I saw the "shadow" and he told me a very interesting story that I don't quite want to repeat over the telephone. I mean, everything is fine but rather curiously interesting. He said that fellow W sent for him. He said that fellow S had seen W. He said, "You know, I got a lot of stuff--we had a lot of stuff in that 62 page report about ELLIOTT." So W said, "Why the hell didn't you tell me about it. " He said that he didn't think it was of any importance at the time. "well, he said, "I think you have been holding out on me." oh, Christ, he had a hell of a battle with him. So then he sent for the shadow and asked the shadow why he didn't tell him about this thing. The shadow said that he thought S had showed it to him and told him about it. Well, he says, you ought to get an income tax on somebody-- I don't know whose it was but it wasn't yours. Then he said that he understood there was a tieup there with the A & P store and chain stores, and one thing and another, all the setup, etc., while you at the time had more or less an interest in behalf of it.

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    "ocrText": "- 3 -\nTC--On the front page of the Star yesterday. It had this whole\nSt. Louis Post-Dispatch; that WINANT is going to France;\nthat CAFFREY (Phon. ) is coming back--I don't know whether\nto be Under-Secretary or not; that STETTINIUS is going to\nLondon and JIMMY is going up and FRANCIS is going to Italy.\nBC--We'll see what we will see.\n9:41am\nBILL YOUNGMAN to MR. TAUBE. TAUBE said \"we \" are going to have\na meeting of the gang to find out how we are going to set up our\nown affairs here and no one is happy. \"We\" don't like the setup\nbecause it isn't what we had hoped and the boys don't feel there\nis enough promise or strength in this thing to tie into any\nprogram. So that leaves us high and dry. I, myself, am a bit\ndisillusioned, particularly after listening to the SOONGS and\nrecognizing how much work lies ahead, hemming and hawing. I\ndon't think I want to work on a promise of what the Chinese may\ndo after that period. In the meantime I have to turn down my own\nopportunities and curtail them. I don't feel this is a good\nbusiness deal and I don't feel that any other engineering organ-\nization would even look at it. TAUBE agreed to come down to\ntalk to YOUNGMAN about it right away.\n9:52am\nHENRY (GRUENWALD?) to CORCORAN.\nC--Yes, sir.\nH--How are you?\nC--Fine\nH--Did you have a good trip? Did you get your room?\nC--Yeah. You were good. Thank you. You got me a suite. You\nembarrassed with my magnificence?\nH--That's all right, Tom. Like a second honeymoon. I saw the\n\"shadow\" and he told me a very interesting story that I\ndon't quite want to repeat over the telephone. I mean,\neverything is fine but rather curiously interesting. He\nsaid that fellow W sent for him. He said that fellow S had\nseen W. He said, \"You know, I got a lot of stuff--we had\na lot of stuff in that 62 page report about ELLIOTT.\" So\nW said, \"Why the hell didn't you tell me about it. \" He\nsaid that he didn't think it was of any importance at the\ntime. \"well, he said, \"I think you have been holding out\non me.\" oh, Christ, he had a hell of a battle with him.\nSo then he sent for the shadow and asked the shadow why he\ndidn't tell him about this thing. The shadow said that\nhe thought S had showed it to him and told him about it.\nWell, he says, you ought to get an income tax on somebody--\nI don't know whose it was but it wasn't yours. Then he\nsaid that he understood there was a tieup there with the\nA & P store and chain stores, and one thing and another,\nall the setup, etc., while you at the time had more or less\nan interest in behalf of it."
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