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OCR Page 1 of 3CABINET MEETING, FRIDAY, AUGUST 26, 1949
10:00 am
NATIONAL
ARCHIVES AND
McGrath's 1st Cabinet meeting
RECORDS
SERVICE
SAVENY
WEST
Krug absent
THE PRESIDENT
Asked Acheson to lead off.
ACHESON
Will go ahead on Palestine loan - but we are going to warn Jews
that we must get more cooperation from them in effecting peace in the
Middle East. X-M Bank crossed the signals and gave Jews impression that
State was blocking loan which is not true.
SNYDER
Domestic fiscal situation of govt for coming year is in good shape.
PMG
Ordinarily July is low month in Post Office revenue. 61% increase
over last year has been noted this year in July. This indicates that
business is using mails to go after new business. It is a good barometer
that business is getting more active.
CHAPMAN
Senate has restored cuts - and has given highest amount to Interior
in history. It is the finest and cleanest appropriations bill in the his-
tory of Interior. The bill will allow us to carry out the President's
campaign promises in the West.
THE PRESIDENT
Told Brannan he wanted to arrange conference with Lucas & Anderson
on farm program.
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