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OCR Page 1 of 5CO SUMMARY
Washington, D. C.
October 8, 1945
9:32 AM
TOM CORCORAN told BILL BAILEY (Senator GUFFEY's office) that the new
member of the Board will be BART CRUM, a Wilkie man from California.
He's a Republican. BILL knows nothing about VANDENBERG's stand yet.
9:50 AM
MR. HINCKLEY told TOM CORCORAN he had a fine time at the CORCORAN party.
He complimented CORCORAN on his family. CORCORAN said it was too
bad
the Justice (BLACK) monopolized BEN COHEN and that WHITEY (WILLAUER)
took over the conversation. CORCORAN said he would contact HINCKLEY
in a few minutes as he was very busy right now.
10:55 AM
D. WORTH CLARK to TOM CORCORAN:
TC - I just wanted to tell you I got a proxy here this morning from
American Power and Light for that meeting on October 22nd. I
suppose our boys are watching that meeting, are they?
WC - Well, yes. I'm sure they are. I tried--
TC - Did they see that article that I pointed out to you?
WC - Yes. Well BOZELL (phonetic) and JACOBS has a clipping service that
they're using on it, and they got it, I tried to get through that
night, but I couldn't get a line at all. And they cancelled all
phone calls out at midnight on me. I may call them today.
TC - I think you ought to--but I was very interested when I was up in
FRANK WOOD's office the other day. FRANK WOOD is HAWKINS DELAFIELD
(phonetic) who are the great competitors of THOMPSON, WOOD, and
HOFFMAN on municipal bonds. He said to me, "Do you know anyway
that you can get this business, because a bond opinion is paid for
in. proportion to the size of the issue in these municipal bond
lawyer's houses'. And he pulled out a list of businesses: Washington
Power and Light, Puget Sound Power and Light, Savannah--Savannah was
in there. There was a whole list of stuff that GUY MEYER is trying
to do, and he wondered if I could get the business into HAWKINS
DELAFIELD. I laughed my head off. But that money--that thing is so
big that it's going to come. You've got to get into it now though.
These fellows have got to move. Where did you finally end up with
ABE GLASSMAN? He had nothing but this other syndicate, huh?
WC - I don't know. The damn fellow--his wife was there--and I just
thought that I'd talk him out for an hour and a half. I found out
quite a little bit about the game. He didn't find out a damn
thing. And he wanted to go and organize a syndicate. And he wanted
me to get hold of BILL DOLPH, he's heard that BILL is quite an
operator. And I said, "Well I'll arrange for you to meet him
sometime. He said, "Hell, he can make some money. We've got
a day-time frequency in Chicago, and a day-time frequency in Detroit,
and it only cost us $100,000." And he said, "I'd like to go in on it"
with the intimation to--that we put in our own money, see? And he
wanted BILL DOLPH and so forth. And so I just passed that off. We
ended up precisely nowhere. I think I'll send in this partnership
agreement on this other thing--take that little 121% over; and let
the other thing just lay there. And he's a mess, TOM. Now, I don't
know, the only thing is--we want to keep playing along there on account
of HINCKLEY. I don't think we'll ever make a nickel out of him.
He's just a damn nuisance.
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