EXHIBIT 23.1

               CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


     As an independent public accountants, we hereby consent to the use of 
our reports on Trump Atlantic City Associates for the year ended December 31, 
1996 and Trump Atlantic City Funding II, Inc. as of December 31, 1997 and to 
all references to our Firm included in or made a part of this registration 
statement.


                                    ARTHUR ANDERSEN LLP


Roseland, New Jersey

January 9, 1998