49. Memorandum for the Record by Director of Central Intelligence McCone 1

SUBJECT

  • Discussion with the President—1 September 1964

Following the NSC meeting (memorandum of the meeting prepared by Dr. Cline and attached),2 I had a private meeting with the [Page 149]President. This meeting was in lieu of my attendance at the regular Tuesday luncheon which was to involve political matters and therefore my presence was not required.

[Here follows discussion of items 1–4.]

5. The President asked about the Patman article3 and the consequences. I said the article was due to aggressiveness on the part of the Committee Staff and that great damage had been done. I felt that certain inquisitive writers such as Ross and Wise4 would now attempt to find out what the Foundation did with the money, [1–½ lines of source text not declassified]and I thought the consequences would be very serious. Furthermore [less than 1 line of source text not declassified] would become involved. I hoped this would not occur but I thought it would. The President asked what we intended to do about it. I said there was little we could do except keep quiet [2 lines of source text not declassified].

  1. Source: Central Intelligence Agency, DCI (McCone) Files, Memo for the Record, 7/9/64–10/10/64, Box 2. Top Secret. Drafted by McCone on September 2.
  2. Not found.
  3. Reference is to the disclosure by Congressman Wright Patman (D-Texas) at a public hearing of his House Small Business Subcommittee on August 31 that the Central Intelligence Agency had secretly given money to the J.M. Kaplan Fund, a private foundation in New York City. See The New York Times, September 1, 1964, pp. 1, 19.
  4. Reference is to David Wise and Thomas B. Ross, The Invisible Government (New York: Random House, 1964).