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OCR Page 1 of 3ARCHIVES RECORDS
SERVICE
SERVICES
CABINET MEETING, FRI DAY, AUGUST 5, 1949
10:00 am
Acheson
Johnson
Atty Gen
absent
Early for Johnson
THE PRESIDENT
SNYDER -
Nothing
DONALDSON -
11
EARLY -
11
KRUG -
11
BRANNAN
Discussed problem with Sens. Green & Magnuson on location of hoof
and mouth disease laboratory.
SAWYER
Excise tax relief is primary concern of business. Business is in
more serious condition than figures indicate. Veterans are being hardest
hit in business layoffs because of seniority of other employes. Business-
man's psychology is not good. He is scared uncertain and afraid to make
commitments.
SNYDER
70% of the procurement agencies of business are buying on 30 day
basis.
SAWYER
To sum up no one is asking for a handout. They want more business -
and old jobs back. Business is worried about another round of wage in-
creases - (2211 story).
TOBIN
It is most important to get thru the minimum wage bill in this
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