Letter from Sherman Adams to Charles Wilson Regarding Dissolution of the People-to-People Foundation

O.F. CEIVED 3.23 MAY 2 2 4958 The Assistant to the President CHIRAL FILES LAM o Noonhome, Clienty May 19, 1958 BY KARBEX 041 Dear Charlie: This will acknowledge the letter you sent to the President in my care earlier this month concerning the impossibility of carrying on the work of the Foundation in the absence of a substantial financial basis. There has been opportunity since receiving your letter and enclosures to bring them to the President's at- tention and to go over again the various pertinent considerations, particularly the expiration of USIA monetary support for the Foundation on May thirty-first. As the President wrote you following our luncheon meeting last month, there appeared to be no feasible course of action for the Foundation other than that which was discussed and agreed upon at that time. The suggestion you reported with regard to possible x0799 Congressional action would to all intents and purposes be subject to the same considerations, hence would not seem to warrant any different judgment from that pertaining to the grant previously proposed. The President asked me to reaffirm his appreciation of the devoted personal attention you have given to the problems of the Foundation during this effort. Kind personal regards. Sincerely, SHERMAN ADAMS The Honorable Charles E. Wilson President The People-to-People Foundation, Inc. 45 West 45th Street New York 36, New York CROSS CARD FOR STAFF SECREIANT