ECONOMIC INTELLIGENCE COMMITTEE MINUTES OF SPECIAL MEETING HELD IN ROOM 2125, TEMPORARY 'M' BUILDING 26TH STREET AND CONSTITUTION AVENUE, N.W.3 MAY 1956 AT 1000 A.M.

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000100120012-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: November 9, 2016
• Document Release Date: July 21, 1998
• Sequence Number: 12
• Publication Date: May 11, 1956
• Content Type: MIN

Approved For Release 1999/09/10 : CIA-RDP82-00283R000100120012-1
TAB
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 Approved For Release 1999/09/10 : CIA-RDP82-00283R000100120012-1
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 Approved For Release 1999/09/10 : CIA-RDP82-00R000100120012-1
Control Nc,. 458427
EIC 54
11 may 1956
ECONOMIC INTELLIGENCE C0441 ME
Minutes of
2125-Spe--~Ati . Held to
em Drat _n
26 # and-Cons ; u on vanue; - W.
May 19,$6 at 10:OO A.M.
~ rte rt~a esoraoneere
Dr. Otto E. Guthe CIA, Chair
25X1A9a CIA
Colonel William C. Baird, Air Force
Mr0 Frank M. Charrette, ICA
Mr. B, V. S. Davis,, Navy
Mr:, Edward Doherty,, S tats
Mr^0 John W. Easton, JCS
Mr. Herbert Giants, State
Mr0 Kingsley W. Hamilton, Air Force
Conander Robert L. Hawthorne, Navy
Mr. J. Duncan Holmes. Army
25X1A9a ;TA
Mrs Fred S. Lott, Interior
Captain Warren E. Oliver, OSD
Mr. Frank IT. Whitehouje, OS0
25X1A9a C, principal Staff Econom st
iiiiiiiLrEIC,, Wood A
25X1 A9a Executive Secretary
Middle Eas t oil Sitter tion
1r Discussions The Chairman elai.ned that this special
meeting haaf le n oaalle.d to expedite transmission of at least a
preliminary report on the Middle East oil situation to the NBC
Planning Board for itcs 7 May meeting, in accordance with the
request of Mr, Dillon Anderson to the Deputy Director for
intelligence,* CIA. On hearing of this request the Working Group
-hic^h the E10 had established to mdse recommendations as to the
nature of a study on Middle Est Oil had submitted a prelim nary
paper concurred in by all members, and this had now been circulated
to the EIC members together with drafts of a proposed foreword and
a memorandum of tranw-ii t-tala
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In the ensuing discussion the Chairman and other members
expressed appreciation of the efforts of the Working Group under
the pressure of such a short deadlines There was agreement that
estimates of possible political consequences should be deleted
throughout the report, and several revisions were made in wordings
of the letter of transmittal and of the foreword. The question was
raised as to whether the paper, even though clearly identified as
"preliminary", should not be forwarded through the IAC rather than
directly transmitted to the NSC Planning Board.
2. Action: Representatives of the agencies which had
participated on the Working Group approved the paper, as revised,
for direct transmission to the DD/I,. for such use as he considered
appropriate - together with a statement that "if required a more
fully coordinated report will be issued by the ETC". Representatives
of JCS, Navy and Arnrr, however, reserved their positions until they
could check further with their agencies, gubsequently (on 3 May 1956)
Army approved transmittal of the paper as proposed. JCS and Navy,
however, believed it should not be directly transmitted without IAC
clearance. Meanwhile the Executive Secretary of the NSC Planning Board
indicated that the Board had agreed to postpone its discussion of the
subject until 114 May, to allow time for fuller coordination. Accordingly
another s ecial EIC rbeeting on the paper was scheduled for 8 May at
9 s30 A.M f~'
25X1A9a
Executive Secretary
Economic Intelligence Committee
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