CONTENTS Casto, George K., Director, Project Administration Division, Defense Materials Service, General Services Administration. - - Brooks, Louis, Deputy Assistant Comptroller, Credit and Finance, Gen- eral Services Administration.. Gutchess, Franklin J., special assistant, Office of Commissioner, Defense May, Timothy, assistant counsel to the Stockpile Committee. - . Rawlings, Thomas R., Manager, Office of Barter and Stockpiling, Foreign Small, J. D., Chairman, Munitions Board: Letter, dated November 15, 1951, to Jess Larson, Administrator, General Services Administration.. Symington, Senator Stuart: Letters to the President re declassification of TABLES AND CHARTS Acquisition costs and market value of stockpile materials__ Materials received under the barter program__. Government inventories of materials having stockpile objectives.. Inventories of materials for which there are no stockpile objectives, Decem- Nonspecification grades of material, quantity and cost as of December 31, 146 163 85 168 78 Supplemental table. In relation to maximum objectives. Summary of contracts entered into for upgrading material since January Summary of Government exposure on copper, June 30 to December 31, Tungsten in Government inventories, December 31, 1961... MISCELLANEOUS INFORMATION Press conference, Friday, March 23, 1962.......... Press kit on stockpile furnished by Office of Emergency Planning.. Page 98 165 Barter program (sec. 206, Soil Bank Act, Public Law 540, 84th Cong.). Commodity Credit Corporation Act (Public Law 85, 81st Cong.)- Commodity Set-Aside Act (Public Law 690, 83d Cong.) Defense Production Act of 1950 (Public Law 774, 81st Cong.). Domestic Minerals Program Extension Act of 1953 (Public Law 206, 83d Domestic Tungsten, Asbestos, Fluorspar, and Columbium-Tantalum Pro- duction and Purchase Act of 1956 (Public Law 733, 84th Cong.). Soil Bank Act (sec. 206, Public Law 540, 84th Cong., "Barter" program)_ Strategic and Critical Materials Stock Piling Act of 1946 (Public Law 520, Public Law 85, 81st Congress (Commodity Credit Corporation Act of 180 Public Law 690, 83d Congress (Commodity Set-Aside Act). 181 Public Law 295, 84th Congress (Defense Production Act Amendments of 178 Public Law 632, 84th Congress (Defense Production Act Amendments of Public Law 540, 84th Congress (Barter-exchange program under Soil 182 179 Public Law 733, 84th Congress (Domestic Tungsten, Asbestos, Fluorspar, Public Law 85–931 (Amendments to Agricultural Trade Development and 187 Executive Order No. 10638 (October 10, 1955). Executive Order No. 10662 (March 13, 1958). Executive Order No. 10773 (July 1, 1958). Executive Order No. 10802 (January 23, 1959). Executive Order No. 10819 (May 8, 1959). Executive Order No. 10952 (July 20, 1961). Executive Order No. 10997 (February 16, 1962) Executive Order No. 10998 (February 16, 1962) Executive Order No. 11001 (February 16, 1962) Executive Order No. 11004 (February 16, 1962) Executive Order No. 11005 (February 16, 1962) STOCKPILE INVESTIGATION WEDNESDAY, MARCH 28, 1962 U.S. SENATE, SUBCOMMITTEE ON THE NATIONAL STOCKPILE AND NAVAL PETROLEUM RESERVES OF THE COMMITTEE ON ARMED SERVICES, Washington, D.C. The subcommittee (composed of Senators Symington, chairman; Thurmond, Engle, Cannon, Case of South Dakota, and Beall) met, pursuant to call, in room 235, Old Senate Office Building, at 3:30 p.m. Present: Senators Symington (presiding) and Cannon. Also present: Richmond C. Coburn, chief counsel to the sub committee. Senator SYMINGTON. The hearing will come to order. Mr. Coburn, will you read the three documents we have from the Office of Emergency Planning, and add any explanations you think necessary as you read them. Mr. COBURN (reading) : The purpose of the National stockpile is stated in the policy statement of the Strategic and Critical Stockpiling Act (1946) which reads in part as follows: "It is the policy of the Congress and the purpose and intent of this act to provide for the acquisition and retention of stocks of * * * materials and thereby decrease and prevent wherever possible a dangerous and costly dependence of the United States upon foreign nations for supplies of *** materials in time of national emergency." In order to attain this goal stockpile objectives were established after study of the estimated availability of U.S. production and imports as against requirements for materials in time of emergency, for military, atomic energy, defensesupporting and essential civilian needs, and for essential exports to allies of those materials for which the United States is the principal source of supply. Responsibility for administering the stockpile has been delegated by the President to the Director of the Office of Emergency Planning. Policies and procedures adopted for this purpose are based on the advice of other Executive agencies competent in the field of estimating military, industrial, and civilian requirements and supply. The principal policy-recommending body is the Interdepartmental Materials Advisory Committee (IMAC), composed of representatives of the Departments of Defense, State, Agriculture, Commerce, and Interior; General Services Administration, Administration for International Development, National Aeronautics and Space Administration and observers representing the Bureau of the Budget, the Atomic Energy Commission and Small Business Administration. It is chaired by a representative of the Office of Emergency Planning. Up to June 1958, strategic stockpile objectives were established against a 5-year emergency. Since that time, the objectives have been limited to meeting estimated shortages of strategic materials for a 3-year emergency, including the needs of emergency reconstruction in the event of a nuclear attack on the country. Since that time two types of objectives have been established for all stockpile materials: (a) basic objectives, which assume partial dependence during an emergency on imports from areas beyond North America, and (b) max 1 |