Transcript Date
January 24, 1949
MEMORANDUM OF CONVERSATION WITH THE PRESIDENT
I mentioned to the President the desirability of developing point 4 of his inaugural address, that is, our assistance in the development of undeveloped areas. I suggested that the Department promptly give him a memorandum containing its recommendations on
(a). An organization which would include the State Department, the Treasury, Department of Commerce, Export-Import Bank, the purpose of which would be to make suggestions as to the next step to be taken and an organization to be responsible for taking it.
(b) A statement of problems which might arise.
Dean Acheson
S:DAcheson:mlm