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THOREAU: THIS IS IN REFERENCE TO YOUR LETTER OF FEBRUARY 4. WHICH FUNDS ARE STATED TO CONSTITUTE THE ONLY REMAINING ASSET OWNED BY THE COMMITTEE. OUR OFFICE DOES NOT HAVE AUTHORITY TO SETTLE CLAIMS FOR ANY SUM LESS THAN THE FULL AMOUNT DUE. PAYMENT OF THE BALANCE IN THE BANK ACCOUNT WOULD FOR ALL PRACTICAL PURPOSES HOWEVER CLOSE THE CASE INSOFAR AS OUR OFFICE IS CONCERNED SINCE IT IS RECOGNIZED THAT SUCH ACCOUNT REPRESENTS THE ONLY REMAINING ASSET OF THE COMMITTEE. CONSIDERATION OF ACCEPTANCE OF AN AMOUNT LESS THAN THE SUM DUE AS FULL SETTLEMENT OF THE CLAIM IS A MATTER WITHIN THE AUTHORITY OF THE AUTHORITY OF THE ATTORNEY GENERAL OF THE UNITED STATES AND THEREFORE SHOULD YOU FEEL THAT PAYMENT OF THE REMAINING ASSETS OF THE COMMITTEE CAN ONLY BE MADE UNDER SUCH CONDITION WE SHALL BE PLEASED TO TAKE THE ACTION NECESSARY TO OBTAIN SUCH CONSIDERATION.

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B-135232, MAR. 12, 1964

TO MR. H. D. THOREAU:

THIS IS IN REFERENCE TO YOUR LETTER OF FEBRUARY 4, 1964, IN RESPONSE TO OUR LETTER OF DECEMBER 17, 1963, TO MR. PRENTIS C. HALE, CONCERNING THE INDEBTEDNESS TO THE UNITED STATES OF THE ORGANIZING COMMITTEE, VIII OLYMPIC WINTER GAMES, SQUAW VALLEY, CALIFORNIA, U.S.A. 1960. INC.

YOU STATE THAT ALTHOUGH THE COMMITTEE STILL MAINTAINS THE POSITION STATED IN YOUR LETTER OF AUGUST 13, 1963, AND SUBSEQUENT CORRESPONDENCE, THAT TO AVOID FURTHER EXPENSE AND CONTROVERSY YOU PROPOSE THAT THE COMMITTEE PAY OVER TO THE UNITED STATES THE BALANCE IN ITS BANK ACCOUNT OF APPROXIMATELY $3,000, WHICH FUNDS ARE STATED TO CONSTITUTE THE ONLY REMAINING ASSET OWNED BY THE COMMITTEE, AS SETTLEMENT IN FULL OF THE CLAIM OF THE UNITED STATES.

OUR OFFICE DOES NOT HAVE AUTHORITY TO SETTLE CLAIMS FOR ANY SUM LESS THAN THE FULL AMOUNT DUE. THEREFORE WE CANNOT ACCEPT YOUR OFFER AS FULL SETTLEMENT OF THE CLAIM. PAYMENT OF THE BALANCE IN THE BANK ACCOUNT WOULD FOR ALL PRACTICAL PURPOSES HOWEVER CLOSE THE CASE INSOFAR AS OUR OFFICE IS CONCERNED SINCE IT IS RECOGNIZED THAT SUCH ACCOUNT REPRESENTS THE ONLY REMAINING ASSET OF THE COMMITTEE.

CONSIDERATION OF ACCEPTANCE OF AN AMOUNT LESS THAN THE SUM DUE AS FULL SETTLEMENT OF THE CLAIM IS A MATTER WITHIN THE AUTHORITY OF THE AUTHORITY OF THE ATTORNEY GENERAL OF THE UNITED STATES AND THEREFORE SHOULD YOU FEEL THAT PAYMENT OF THE REMAINING ASSETS OF THE COMMITTEE CAN ONLY BE MADE UNDER SUCH CONDITION WE SHALL BE PLEASED TO TAKE THE ACTION NECESSARY TO OBTAIN SUCH CONSIDERATION. SINCE IT IS NECESSARY THAT ALL OFFERS IN COMPROMISE BE ACCOMPANIED BY A TENDER OF THE PROPOSED PAYMENT WHEN THEY ARE FORWARDED TO THE DEPARTMENT OF JUSTICE IT IS SUGGESTED THAT YOU FORWARD TO THIS OFFICE A CERTIFIED CHECK DRAWN TO THE ORDER OF THE UNITED STATES GENERAL ACCOUNTING OFFICE IN THE AMOUNT OF YOUR OFFER. SUCH TENDER TOGETHER WITH A REPORT AND RECOMMENDATION WILL BE TRANSMITTED BY OUR OFFICE TO THE ATTORNEY GENERAL FOR CONSIDERATION AS TO THE ACCEPTABILITY OF THE OFFER.

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