323. Memorandum of a Telephone Conversation Between the President and the Secretary of State, Washington, January 11, 1956, 4:33 p.m.1

The Pres. asked if he didn’t tell the Sec. that he told Kubitschek that after he was enthroned etc., the Pres. would send a friend down to discuss the problems of an oil company and its development. The Pres. is going to see his friend in a day or so and wants him to be able to study some background. Could someone here find any of the laws as they now exist and just send it over (the Sec, that is) without saying anything. The Pres. clarified that what he had in mind was to send someone to consult to see what he wanted to do and then the man would come out and K. would propose his own plan. The Pres. told K. it would be a great error to let an American company state its terms and get such a law passed. The Pres. told him to propose a law in the benefit of Brazil and get someone to come in on that basis. He wants his friend to have the background so he won’t overlook anything pertinent. The Sec. said he would have it done.

  1. Source: Eisenhower Library, Dulles Papers, White House Telephone Conversations. Prepared in the Office of the Secretary of State.