RECEIVED                 U.S.S. POTOMAC                RECEIVED
                         OFFICAL DISPATCH
                         (ORIGINAL COPY)
 
HEADING:    "141800"     PART TWO BLACK THREE FIVE
FROM: OPNAV
TO:  PRESIDENT US
------------------------------------------------------------------------------------------------------------------
                         PRIORITY
I HAVE TALKED TWICE WITH TOM LAMONT BUT WITHOUT SUCCESS.  PERHAPS
YOU MAYBE WANT TO APPEAL TO MYRON TAYLOR OR SOME OTHER OF THE
STEEL ORGANIZAITON.  IF TAKE OVER IS DECIDED UPON WE RECOMMEND A
TEMPORARY QUASI TRUSTEESHIP UNTIL FINAL METHODS ARE DETERMINED. 
THERE WILL BE NO DIFFICULTY WITH WORKERS AND NO TROOPS WILL BE
NEEDED.  ADMIRAL BOWEN CAN HANDLE PLANT WITH ASSISTANCE OF
PERSONNEL MAN FROM MARITIME COMMISSION STAFFUX.  PLEASE ADVISE
YOUR WISHES.
 
                              SIGNED:   FRANK KNOX
                                        E.X. LAND
                                        SIDNEY HILLMAN
                                        WILLIAM H DAVIS