MEMORANDUM FOR: MR. PROCTOR FROM(Sanitized)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80B01495R000300070015-9
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: January 4, 2017
• Document Release Date: June 30, 2005
• Sequence Number: 15
• Publication Date: January 10, 1975
• Content Type: MF

Approved For Release 2005/07/22 : CIA-RDP80B01495R000300070015-9
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MEMORANDUM FOR: Mr:
of the 12 November Executive Counci
two or more stools. You raised it a
This one appears to have fallen
whereupon the meeting disbanded wi
assuming someone else had the act
is now seized, rTFiejpr,
will produce the re,ort ASAP.
etween
the end
meeting,
h everybody
on. 0
10 January 1975
(DATE)
FORM
US10-101
AUGN 54 lol WHICH RELACES FORM
ED.
The Director wants your "personal" help in
fighting inflation
.
Suggest raising this
Council.
Approved For Release 2005/07/22 : CIA-RDP80B01495R000300070015-9
 Ex_ccr..'.
Approved For Refse 2005/07/22: CIA-RDP80B01495Rt1A1
8 November 1974
MEMORANDUM FOR: Deputy Director for Administration
Deputy Director for Intelligence
Deputy Director for Operations
Deputy Director for Science and Technology
Deputy to the DCI for the Intelligence Community
Deputy to the DCI for National Intelligence Officers
General Counsel
Legislative Counsel
Inspector General
Comptroller
SUBJECT Fighting Inflation
1. I have tasked the DD/A with instituting a multi-faceted
program to help fight inflation and reduce daily operating costs
within the Agency. Several steps have already been taken to reduce
costs while at the same time maintaining acceptable levels of service.
Some of these reductions have come about as a result of GSA direction;
others we have instituted on our own. Actions taken have been applied
particularly to those commodity areas which have been most volatile in
price increases, including areas of fuel and energy conservation. In
addition, actions have been initiated to conserve paper and to reduce
our expenditures for copying and duplicating machines.
2. Inflation is an all pervasive item which cannot be fought on
only one front nor can it involve the efforts of only one directorate.
.What is needed now is a re-examination of our management practices to
encourage, by direction and example, changes in da -to-day activity
which will lead to operating savings.
3. 1 ask that each of you engage yourself personally in this
fight against inflation and report back to me by the conclusion of
1974 the actions you have taken and the results. I propose to
establish an interchange of ideas as the result of the reports
received in December 1974 to enhance the activities of the total
Agency in this regard.
W. E. Colby
Director
Approved For Release 2005/07/22 : CIA-RDP80B01495Rd00300070015-9