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Stevenson - page 2 S: Ch, really. K: They picked out a phrase I used two weeks ago saying it was time for a conceptual breakthrough, SO they asked me was there a breakthrough, I said no, there wasn't a breakthrough there was progress, but they only heard no breakthrough. Today the Soviets papers all printed what I believe to be correct that there is a chance of coming to an agreement this year. S: I haven't seen today's stories. K: I just say this SO that in your own considerations of credits you don't do it in the context of a failing detente. S: I don't want to do anything at this point. I have no position myself and I would hope - what I really want to do is ventilate the issue and get started on it because we're under time restraints now and I don't know where you stand with the Jackson but from a little what I've heard there's no a great deal of progress on that in connection with the Trade Bill, in Congress whether there will even be a Trade Bill. In the meantime the Exim Bank is getting up closer and closer to it's ceiling and we're approaching the June 30 date. I would hope without polarizing the issue but handling it in a responsible way we can begin to ventilate this thing and Jackson amendment is just a part. Begin to move towards some kind of a compromise. I'm complete sympathetic with the motion for using export controls and credits for political purposes. K: Oh, no. So do I. That doesn't bother me. S: That doesn't bother me one bit. K: There's no disagreement by me, with us on that. S: They're arguing the other side. They say withhold the credits for political purpose. Others, some of them in the Jewish communicate. Marshall Shullman coming out and say give them to Kissinger for political purposes. That's the - that in a very large sense is the question, I think we ought to start ventilating it. Seriously and with no dispostion on my part. I suspect on the part of the others, the banking committee, to reach any premature decisions. We do have one immediate problem, I don't know to what extent this enters in your problems, but that GAO opinion, notwithstanding the Attorney General, does raise the validity of exim credits and guarantees into the Soviet Union and Eastern Europe. I don't know what the attitude of the export is and the banks are. I thought they would have seri ous doubts about exposing themselves, until that question gets resolved. Either it gets resolved by the Congress or in the courts. Nothing I can do about that one at the moment. K: Let me aim for testifying in early May.

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    "ocrText": "Stevenson - page 2\nS: Ch, really.\nK: They picked out a phrase I used two weeks ago saying it was time for a\nconceptual breakthrough, SO they asked me was there a breakthrough, I said\nno, there wasn't a breakthrough there was progress, but they only heard no\nbreakthrough. Today the Soviets papers all printed what I believe to be correct\nthat there is a chance of coming to an agreement this year.\nS: I haven't seen today's stories.\nK: I just say this SO that in your own considerations of credits you don't do it in\nthe context of a failing detente.\nS: I don't want to do anything at this point. I have no position myself and I would\nhope - what I really want to do is ventilate the issue and get started on it because\nwe're under time restraints now and I don't know where you stand with the Jackson\nbut from a little what I've heard there's no a great deal of progress on that in\nconnection with the Trade Bill, in Congress whether there will even be a Trade Bill.\nIn the meantime the Exim Bank is getting up closer and closer to it's ceiling and\nwe're approaching the June 30 date. I would hope without polarizing the issue but\nhandling it in a responsible way we can begin to ventilate this thing and Jackson\namendment is just a part. Begin to move towards some kind of a compromise.\nI'm complete sympathetic with the motion for using export controls and credits for\npolitical purposes.\nK: Oh, no. So do I. That doesn't bother me.\nS: That doesn't bother me one bit.\nK: There's no disagreement by me, with us on that.\nS: They're arguing the other side. They say withhold the credits for political\npurpose. Others, some of them in the Jewish communicate. Marshall Shullman\ncoming out and say give them to Kissinger for political purposes. That's the -\nthat in a very large sense is the question, I think we ought to start ventilating it.\nSeriously and with no dispostion on my part. I suspect on the part of the others,\nthe banking committee, to reach any premature decisions. We do have one\nimmediate problem, I don't know to what extent this enters in your problems, but\nthat GAO opinion, notwithstanding the Attorney General, does raise the validity\nof exim credits and guarantees into the Soviet Union and Eastern Europe. I don't\nknow what the attitude of the export is and the banks are. I thought they would have\nseri ous doubts about exposing themselves, until that question gets resolved. Either\nit gets resolved by the Congress or in the courts. Nothing I can do about that one\nat the moment.\nK: Let me aim for testifying in early May."
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