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 NSC 64

February 27, 1950

The enclosed report by the Department of State on the subject is submitted herewith for urgent consideration by the National Security Council and the Secretary of the Treasury.

It is recommended that, if the Council and the Secretary of the Treasury adopt the enclosed report, it be submitted to the president for his consideration, with the recommendation that he approve the Conclusions contained therein and direct their implementation by all appropriate executive departments and agencies of the U. S. Government under the coordination of the Secretary of State.

cc: The Secretary of the Treasury Rh