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TELCON Dr. Hannah Mr. Kissinger 5-28-69 2:55 PM H said he was calling re legislation on hits way to the Hill. K said problem as he sees it, and he neve r knew anything of this issue and has no strong convictions one way or the other. K said all he knows is President felt strongly that AID country restrictions be kept in. H said he knows corporation raises new problem. K said he is just concerned about how to get H's concern to the President SO he will not say no automatically. K said if H called him now he would say no. H said it is his understanding from what was said yesterday that one of real advantages of overseas private investment corp - as opposed to his agency or others doing the same things - is that the people in private business do much better than we do. H said bureaucracy like this one is SO accustomed to being critigized by people on the hill , etc. , things get bogged down and job never quite gets done. H said there is no question at all about President's feeling and he agrees with him re taking on political flack, etc. K said if H could get within the next hour a memo over on why he does not want to apply it, he will get to Burns and have him do one on why he thinks it should be done. K will then get them to President and that is best way for H to get a ruling. H said he would have it over in less than an hour. K said quite a candidly he was sympathetic to H's point of view on this. jm Reproduced at the Richard Nixon Presidential Library DECLASSIFIED This document has been reviewed pursuant to Executive Order 13526 and has been determined to be declassified.

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    "ocrText": "TELCON\nDr. Hannah\nMr. Kissinger\n5-28-69\n2:55 PM\nH said he was calling re legislation on hits way to the Hill.\nK said problem as he sees it, and he neve r knew anything of\nthis issue and has no strong convictions one way or the other. K\nsaid all he knows is President felt strongly that AID country restrictions\nbe kept in. H said he knows corporation raises new problem.\nK said he is just concerned about how to get H's concern to the\nPresident SO he will not say no automatically. K said if H called\nhim now he would say no. H said it is his understanding from\nwhat was said yesterday that one of real advantages of overseas\nprivate investment corp - as opposed to his agency or others\ndoing the same things - is that the people in private business\ndo much better than we do. H said bureaucracy like this one\nis SO accustomed to being critigized by people on the hill , etc. ,\nthings get bogged down and job never quite gets done.\nH said there is no question at all about President's feeling and\nhe agrees with him re taking on political flack, etc. K said if H\ncould get within the next hour a memo over on why he does not\nwant to apply it, he will get to Burns and have him do one on\nwhy he thinks it should be done. K will then get them to President\nand that is best way for H to get a ruling. H said he would have it\nover in less than an hour. K said quite a candidly he\nwas sympathetic to H's point of view on this.\njm\nReproduced at the Richard Nixon Presidential Library\nDECLASSIFIED\nThis document has been reviewed pursuant to Executive Order 13526 and has been determined to be declassified."
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