FORMAL EXTENSION OF A PROPOSED STUDY ON INVESTMENT AND ITS RELATIONS TO ORR AIMS.

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00662R000200140004-4
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 12, 2016
• Document Release Date: November 19, 2001
• Sequence Number: 4
• Publication Date: July 24, 1952
• Content Type: MEMO

Approved For Releag 2002/01/02: CIA-RDP75-00662R000200140004-4
24 July 1952
Formal extension of a proposed study on investment and its relations
to ORR aims.
1. In a me:cora..rdumr. dated 8 July 1952 e=nd aidressed to Chief, D/I, I
discussed, the intelligence value of a proposejd study on IT, S. investment. The main
point of the discussion was to indicate in what ways the study would be renorally
useful to the economic research divisions of CIA. Some of these general applica-
can now be formalized and one of trier: can be incorporated directly into the
3. It is not possible at this Juncture to conduct a study in the manner
implicitly suggested by this consid.e.ration since information and data about invest-
ment in the USSR is quite inadequate. Yet, the study could be carried forth on the
basis of an analogy with the United. States setting the standards (Justification of
an analog of this order was given in the memorandum referred to above). to professor Milton Friedman, University of Chicago; Roy slough. the Councilcofdi
Economic Advisers; and ;leorgw erbou, h, the Machinery and Allied Products Institute,
no such study of the U. S. has been ride. It is, therefore, necessary to conduct a
study of the distribution of investments among ass eta of varying degrees of dura-
bility in the at. S. before a similar study of the USSR can be made.
4. It is sur?gested, therefore, that the proposed study on invf stment
be divided into two parts. Part I being; the study of investment in the U. S., and
Part II being the end product and all source study of the USSR. The first part
would be carried on in the manner su vested earlier. The second part would be
carried on in a manner best suited to the specialized functions of the Industrial
Division.
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