Memorandum of Conversation with Secretary of State Dean Acheson, Abraham Feinberg, and John A. Waldo

406 STORET 432 5/5 MEMORANDUM OF CONVERSATION July 17, 1951. Conf SUBJECT: Visit of Mr. Abraham Feinberg, of New York. PARTICIPANTS: The Secretary 202 Mr. Abraham Feinberg CUT ANQ to Mr. Waldo - NE COPIES TO: NEA NE s/s (2) Arab capitals Tel Aviv Jerusalem Haifa London Paris Ankara Problem To hear Mr. Feinberg's account of his visit with the President. Action As noted Required: Action NEA s/s Assigned to: Mr. Feinberg told me that he had spok en to the President last Thursday concerning the Congressional aid bill for Israel. As he had promised on April 5 when he had visited me last, he was coming to report his next conversation with the President. When he visited the President last Thursday he had told him that the most recent information which he had been able to obtain on the situation in Congress was that there were now available a majority of both Houses of Congress in support of the $150 million bill for Israel. The President had replied that Mr. Feinberg had evidently done a good job. Mr. Feinberg said, however, that he was nonetheless worried about the situa- tion on the Congressional bill as it affected the Democratic Party. Although the aid bill had been a bipartisan measure in which outstanding Democrats had played a leading part, nonetheless the bill as it now stood would conflict with the Administration's Mutual Security Program. The Republicans would probably attempt to gain all the credit for the $1.50 to Israel. Mr. Feinberg had proposed to the President a compromise. Mr. Feinberg was fully aware of the necessity for maintaining an impartial policy toward the Arab states and Israel. He had suggested, therefore, that the Administration raise the Foreign DECLASSIFIED E. O. 11652, Sec. 3(E) and S(D) or Dept. of State letter, kinz Bgn NLI- He , NARS Date, 6.25.76