S/S–NSC (Miscellaneous) Files: Lot 66 D 95: NSC Records of Action

Record of Actions by the National Security Council at its 70th Meeting, November 2, 1950

[Extract]
top secret

Note: The President presided at this Council meeting, and the Economic Cooperation Administrator participated with the Council and the Secretary of the Treasury1 in NSC Actions Nos. 370, 371, and 372.2 The Vice President3 and the Secretary of Commerce (who was invited to participate for NSC Actions Nos. 370, 371, and 372) were unable to attend because of their absence from the city.

Action Number 370

Subject: East-West Trade (NSC 91;4 NSC Action No. 3475)

a.
Referred NSC 91 to the NSC Staff, including members from the Department of Commerce and the Economic Cooperation Administration, to prepare an agreed draft report on the subject for consideration at an early Council meeting.6
b.
Agreed that the Secretary, of State, the Secretary of Commerce, and the Economic Cooperation Administrator should work out urgent arrangements for temporary relief from the provisions of NSC Action No. 347–c and submit them to the President for approval, pending final action on the report to be prepared pursuant to a above.7

Note: The action in b above referred to the Secretary of State, the Secretary of Commerce, and the Economic Cooperation Administrator for appropriate action.

[Page 226]

Action Number 371

Subject: Export Controls and Security Policy (Progress Report, dated October 11, 1950, by the Department of State8 on NSC Action No. 347–a; Memo for NSC from Executive Secretary, subject: “East-West Trade”, dated November 1, 19509)

a.
Noted the reference Progress Report by the Department of State on NSC Action No. 347–a.
b.
Noted the memorandum and enclosed statement by the Secretary of Defense regarding NSC Action No. 347–b, circulated by the reference memorandum of November 1, 1950.

. . . . . . . . . . . . . .

  1. John W. Snyder.
  2. NSC Action 372 was concerned with United States policy toward the conflict between the Soviet Union and Yugoslavia; for documentation on this subject, see pp. 1338 ff.
  3. Alben W. Barkley.
  4. October 30, p. 216.
  5. See the Record of Actions of the Council Meeting of August 24, p. 179.
  6. In a memorandum of November 7, not printed, Executive Secretary Lay explained that at a meeting of the Senior National Security Council Staff on November 3, it was agreed to constitute a special committee of officials of Assistant Secretary rank to produce the draft report called for here. Assistant Secretary of State for Economic Affairs Willard L. Thorp represented the Department of State. The committee also included representatives from the Department of Defense, the National Security Resources Board, the Department of the Treasury, the Department of Commerce, the Economic Cooperation Administration, the Joint Chiefs of Staff, and the Central Intelligence Agency (S/PNSC Files, Lot 61 D 167, East-West Trade). For the agreed draft report prepared by the special committee, see NSC 91/1, November 17, p. 227.
  7. For the interim procedure called for here, see NSC 91/1, ibid .
  8. See the memorandum by Jessup for Lay, October 11, p. 202.
  9. The memorandum under reference here is not printed, but see the memorandum of November 1 from Marshall to Lay, supra.