August 31, 1959

advent of autumn, Moscow, described

Sen Repub conferees urge Sen to accept HR bill; Dem conferees urge Sen accept compromises on disputed issues; Sen Mansfield urges Sen reject both, return issues to conf com

Cong Atomic Energy Com study estimates 50 million deaths, 20 million serious injuries from surprise nuclear attack on 224 met and indus targets in US; holds operational CD system could cut toll sharply; says shelter plan could cut fall-out casualties from 25% to 3%; other data

Beame repts to Wagner on needs and borrowing power to finance them, July '59-Dec '65; warns that unless voters approve $500-million school bond issue no new protects in other areas will be possible through '65, situation that has not occurred before; sees $40 million gap between '60 needs and borrowing power within debt limit, resulting in deferral or curtailment of some projects in '59 budget; advises Wagner to ask Planning Comm to draft '60 budget on assumption $500-million borrowing will be approved; sees $523,300,000 available for all capital purposes within debt limit July '59-Dec '60, that $618,300,000 will be needed if $95 million for school bldg has to be charged against debt limit; sees $1,445,800,000 available within debt limit for 6 1/2-yr program to meet $1,415,400,000 needs, including school bldg, with difference probably absorbed in rising prices

Sen Fulbright urges US develop more 'mature' policy which recognizes Arabs ability to rule competently; cites stability and calm in area compared to yr ago