NATIONAL SECURITY POLICY3


These funds will be obligated and expended in accordance With the
following schedule:


FY'51      FY'52     FY'53
         (billions of dollars)
 2.5        2.0
 1.0        1.5        1.5


Obligation,
Expenditure


FY'54


0. 5


In addition, several materials that are currently being consumed in
large amounts cannot be stockpiled in sufficient iquantity unless: there
is authority to make voluntary conservation agreements with consum-
ing industries, or to initiate use controls if. voluntary agreements are
found impracticable.
                             Table I
                          'May 29, 1950

            Stockpile Objectives for $6 Billion Program
(All objectives are those agreed to by the Interdepartmental Stockpile
  Committee as of May 22, 1950, excepting aluminum and copper)
                                                     On hand in
                                                       stockpile
          Item                Stockpile Objective      3/31/50


Aluminum
Bauxite, met. gr.
Chromite, met. gr.
Cobalt
Copper
Diamonds
Lead
Manganese, met. gr.
Nickel,
Rubber, natural
Tin
Tungsten
Zinc6
55 other items
    Total


(billion
dollars)  (thousan,
1. 0 est.  3, 000 S7
0.1        3,1250 M
0. 1       3,200LI4
0.1           37S'
1.2 est.   3, 000 Sq
0. 2      61, 000 Co
0.1          400 S1
0.2        5' 000 LI
0.2          300SI
0.7        1,20401M
0.5          285L]
0.2           571S
0."4       1,500-S'
1. 0 est.-
6. 0 est.


ds)
r est.
r
r

r est.
arats
r
p

r
r
r ....


  (thousands)
    40 ST
 2, 116 LT
 1, 399 LT
     6 ST
   357 ST
11, 765 Carats
   295 ST
 1, 703 LT
    37 ST
    449 LT
    87 LT
    18-ST
    473 ST


                         Editoria2 Note

  On June 1, 1950, President Truman transmitted a special message
'to 'Congress on military aid. 'The President recommended'that funds
be authorized for 'Afiscal year 1951 to extend the ,military assistance
program. He requested funds in the amount of $1 billion for the North
Atlantic area; $120 million for Greece and Turkey; ,$27.5 million for
Iran, Korea, and the Philippines; and $75 million for "the general


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