Subjects include: talk of war in the United States, the lack of American political leadership and the good effect a speech by Winston Churchill might have; the British Government's handling of events in Iran; CSC's disapproval of Churchill's interest in horseracing; the political standing of Dean Acheson [American Secretary of State] and General Douglas MacArthur; anti-British feeling in the United States; Atlantic Union; Churchill's attitude to European unity; gloomy views of Britain's economic future; Tree's view of the 1952 Democratic Convention, particularly his liking for Adlai Stevenson, the Democratic presidential candidate; the presidential election.