NATIONAL SECTYITY POLICY                     375,
 S/S-NSC Files: Lot 63L851: NSC 73 Series
               Report by the National Security Council

 TOP SECRET                           [WASHINGTON,] August 25, 1950.
 NSC 73/4
 NOTE BY THE EXECUTIVE SECRETARY TO THE NATIONAL SECURITY CoUIN-
   CIL ON THE POSITION AND ACTIONS OF THE UNITED STATES WITHa
   ý RESPECT TO POSSIBLE FURTHER SOVIET MOVES IN THE LIGHT OF THE.
   KOREAN SITUATIONI
 References: A. NSC 73 Series
               B. NSC Actions Nos. 348,1 337,2 33113 315 4 and 308b 6
               C. Memos for NSC from Executive Secretary same sub--
                 ject dated August 9,16 and 25,)19506
   The National Security Council and the Secretary of the Treasury
 at its 66th Meeting with the President presiding (NSC Action No.
 348), considered a draft report on the subject (NSC 73/3)7 and"
 adopted it subject to the deletion of sub-paragraphs 40a (2), (3), (4),
 and 40b,' and sub-paragraph 44c as proposed by the Secretary of State,
 and the addition of new paragraphs 37c, 45 and 46 based on proposals,
 by the Joint Chiefs of Staff.
   The revised report enclosed herewith, adopted as a working guide'
 with the understanding that final recommendations to the President
 regarding U.S. actions in the event of any of the contingencies en-
 visaged therein would be deferred until it is established that the event
 is certain to occur, is circulated accordingly for the information of the
 National Security Council and the Secretary of the Treasury andl
 referred to the NSC Staff for continuing study and recommendations.
 regarding the contingencies envisaged therein.

 Action No. 348 indicated that at its 66th Meeting, August 24, the National'
 Security Council adopted NSC 73/4 (NSC 73/3 as amended) and referred it
 to the NSC ýStaff "for continuing study and recommendations
regarding the
 contingencies envisaged therein." (S/S-NSC Files: Lot 66D95: NSC Actions>),
 Action No. 337 indicated that at its 64th Meeting, August 10, the National
 Security Council deferred action on draft report NSC 73/2, not printed,
pending
 further study through the NSC Staff, and directed the Staff to expedite
com-
 pletion of the report. (S/S-NSC Files: Lot 66D95: NSC Actions)
 Action No. 331 indicated that at its 63rd Meeting, August 3, the Nationar
 Security Council referred draft report NSC 73/1, not printed, back to the
NSCG
 Staff for reconsideration in light of revisions proposed by the Joint Chiefs
of-*
 Staff. (S/S-NSC Files: Lot 66D95: NSC Actions)
 "Action No. 315 indicated that at its 60th Meeting, July 6, the Nationa1
 Security Council noted and discussed a statement by the Chairman of 'the
 National Security Resources Board (S/S-NSC Files: Lot 66D95b: NSGe ctions)
For text of the statement, see p. 338.
   See footnote 1, p. 331.
   SNoneprinted.
   Not printed.


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