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August 13, 1947 Dear Art* I am sorry you had so much trouble trying to get me on the telephone, and I was very glad to hear from you* I, too, read the clipping you sent me and think there is not acre than a grain of truth in it. Zt represents one of the ideas that has been discussed here in Washington and elsewhere with respect to the implementation of the so-called Marshall idea* However, it is looked on with disfavor by several influential principals and at the present is in nothing more than the conversation stage* 1 am afraid this is not very helpful to yen, hut all I can say at the moment* I trust things are going well with you* With all good wishes* Sincerely yoursf ton. McC, Martin, Jr. Chairman Mr* Arthur L* Havley ?ice President v Lionel D. Edie & Company 20 Exchange Place Mew Tork, H. Y*