MONETARY DISCUSSION, PROGRAMS ASSIGNED TO SAD/PD

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP62B00844R000200100032-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: March 22, 2000
• Sequence Number: 32
• Publication Date: July 19, 1958
• Content Type: MF

Approved For Release 2001/08/ fDP62B00844RWP200l 00032-7
DPS -2610
Cy / of
19 July 1958
SUBJECT Monetary Discussion, Programs Assigned to SAD/PD
As you will recall you have placed responsibility with the
undersigned to moni'~or and supervise the progress of several major
projects some of which I desire to discuss hereunder as follows:
CHALICE
standing the operations, it,successful, would continue as long as
Development of this program began in late 195+ with the under-
During FY-58 the thought of seVVral other devices for gathering
intelligence information arose, one di' which has been assigned the
crypto GUSTO. The possibilities of t]is program looks most likely
at this time from the feasibility studies conducted, but I feel it
would be inadvisable to proceed on this -rogram until all studies
have been completed and we have had benefit of recommendations from
the Advisory Panel established jointly by ycu and the Secretary of
Defense. We calculate an overall monetary requirement
program during but of tis amount
should be cons ere as con ?ingen ems untii~,the recommendations
of the Advisory Panel have been received and e uated. This leaves
a firm requirement under this project of
CORONA
This is another in the series of approved projects during
FY-58 and a withdrawal was made from the Agency Conti' Agency Fund
in the amount of o cover the initial financing. We
are progressing rap y this program and now are able to calcu-
late, supported in most part by contractors cost experien ,e, a
FY-59 requirement of In my view this figure isrquite
likely to be exceeded as many recovery problems are yet to be
solved.
You approved the removal of $200,000 during FY-58 from the
Directors Reserve to initially finance this undertaking. We calcu-
late Approved additional Re easenLu01/C'8%fsmtiX-I P 2400$4 6nUOZ861D0032-7
 Approved For Release 2001/Lf'A-RDP62B00844RQ,Q~200100032-7
t DIPS - 2610
Page 2 of 2
of $72,360., which I thought sufficient until my recent visit to
the West Coast. Eventhough an over run here is probable I cannot
at this time forecast the amount with any degree of accruacy.
This element in the amount of $111,000 should have been placed
under the CHALICE program as it is the suppliers cost experience
for used in that
project and restoring the test facility to its original state of
repair. It was shown in this presentation by members of my staff 25X1A
who were unfamiliar with the application under the cryp
For ready reference a recapitulation of the figures discussed
above are:
In view of the above it is my considered opinion, and I ac-
cordingly recommend, that you should approve the attached communication
for the Comptroller, which explains our current position, furnishes
our best calculations to date and postpones affirmative action with
respect to removing any money from the Agency Contingency Fund until
1 October 1958. In the meantime we should have received recommenda-
tions from the Advisory Panel, made firm policy decisions on our
course of action and calculated more precisely the amount that needs
to be taken from the fund to finance FY-59 operations.
RICHARD M. BISSELL, JR.
Special Assistant to the Director
for Planning and Development
ALLEN W. DULLES
Director Approved For Release 2001/08/18 %TrT
RDP62B00844R000200100032-7