Mr. Cutler turned to Mr. Brundage and pointed out that the
presently-estimated expenditures over a four-year period were less
than we had estimated when this policy paper was first considered by
the National Security Council in February. The President added his
view that we really couldn't kick about these expenditure figures.
We had been too worried about this country ever since the Administration came into office. Apropos of Mr. Brundage's remark, the
President inguired as to when we could expect to see the great study
of U. 8. military assistance programs world-wide.

i

Mr. Cutler replied

that he wished to talk about this matter with the President at another time.

’

The National Security Council:

b.

Cancelled NSC Action No. 1667-b and -c, in view of

Coumei{1 discussion of the report by the Department
of Defense on "Military Implications of Joint Resolution 117 on the Middle East", transmitted by the reference memorandum of June 27, 1957.

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a.

Noted the revised Financial Appendix to NSC 5703/1,

tranamitted by the reference memorandum of August 5,
1957, and authorized its insertion in all copies of

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NSC 5703/1.

In accordance with the recommendation of the Joint

Chiefs of Starr (enclosure to reference memorandum
of August 7, 1957), authorized the deletion of subparagraph 18-a of NSC 5703/1 and the relettering of
the remainingsubparagraphs of paragraph 18 accordingly.

dad.

Agreed that U. S. policy toward Iran would continue
to be governed by the statement of policy contained

in Ns¢ 5703/1 (February 8, 1957), pending a review

of world-wide military assistance programs, which
will include a review of military assistance to Iran.
NOTE:

The action in a above, as approved by the President,
subsequently circulated to all holders of NSC Action

No. 1667-b and -c.

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The actions in b and c above, as approved by the

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President, subsequently circulated to all holders

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The action in d above, as approved by the President,

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of NSC 5703/1.

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subsequently circulated to all interested departments and agencies.

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