Documents / FOIA release
This Top Secret study by the Interdepartmental Coordinating Group on Germany and Berlin, dated July 12, 1961, and released by the Central Intelligence Agency, answers NSC Directive No. 58 of June 30, 1961. It sets out courses of action for the Berlin crisis but does not judge their merits. It covers imminent presidential decisions, a three-phase timetable running to January 1, military preparations and mobilization, covert action, economic sanctions, public information, negotiating positions and checkpoint procedures for East German personnel.
“The Advance”7 pages
Read from the scan by GLM-OCR; expect the odd misread word.
SECRET Appendix A -17- Date Action January 11 - February 1 Effective on these dates, reserve requirements were raised 2 percentage points on demand deposits and 1 percentage point on time deposits. January 12 Regulation of real estate credit under Regulation X and related housing agency regulations broadened to include residential properties with more than two family units. January 17 Regulation T and U amended to increase margin requirements on listed stocks from 50 to 75 percent. February 15 Regulation of real estate credit under Regulation X and related housing agency regulations broadened to include residential properties with more than two family units. March 4 Federal Reserve and Treasury announce "Accord" on monetary and debt management policies, making it possible for Federal Reserve to pursue general monetary policies more effectively. March 12 Formal program of voluntary credit restraint implemented. July 31 Regulation W amended to bring regulatory limits within range set by Congress in the Defense Production Act Amendments of 1951. Terms on installment credit liberalized. September 1 Regulation X amended in accordance with statutory changes made by the Defense Housing and Community Facilities and Services Act of 1951. Terms on housing credit liberalized. 1952 May 5 Voluntary credit program terminated. May 7 Board of Governors suspended Regulation W.
Not linked to a story yet.
FOIA release, from the cia-readingroom collection. The PDF is mirrored here; the original link is above. The text was read from the page images by GLM-OCR; expect the odd misread word. 163 pages are in the text index: search them above, or from the library's search.