TIIE \VIIITE HOUSE WASIIINGTOK December l, 1964 :\fr...TIONAL SECURITY ACTION MEMORANDUM NO. 321 :'O: The Secretary of Defense The Secretary of Commerce The Director, Bureau of the Budget The Director of Emergency Planning Special Assistant for National Security Affairs Special Assistant for Science and Technology The Chairman, Council of Economic Advisers SUBJECT: Review of Strategic Stockpile Objectives ::: approve the recommendation of the Director of the Bureau of the Budget, which was concurred in by the Director of Emergency P:.anning and the Secretary of Defense, that a review be under­taken of national stockpile policye Specifically I direct that a study, in light of the current military judgment of the Joint Chiefs of Staff, be made of how the Govern­ment can best determine on a continually current basis: a) the material resources which would be required to win such conven­tional wars as seems most likely that we might have to fight, b) those resources that would be required to rehabilitate the economy and social organization of the country following a major nuclear exchange, should the U. S. be forced to deal with either of these contingencies, c) the alternative means available to pro­vide these resources, and d} the policy implications (including fiscal and national security) of alternative courses of action. The study will devote particular attention to: (1) The ~ajor military and economic assumptions used in calculating existing conventional war stock­pile objectives. (2) The assumptions, techniques, and goals used in the establishI"n;ent of post-nuclear attack supply re­quirements. -:: CO?iFIDBtiT IsA;i;;;;­ TIIE WHITE HOUSE WAS lllNOTON -2 ­ C O!~FfDEH'fIAb= {3) The reiationship of economic rehabilitation requirements to other post-nuclear requirements, such as those' fo,r food, shelter, medicine, and other resources required for the survival of the remaining population in the period of extreme emer­gency. To organize and coordinate this study, I hereby establish a Special Committee on Stockpile Objectives with my Special Assistant for National Security Affairs as its chairman. The other members will be the Secretary of Defense, the Secretary of Commerce, my Special Assistant for Science·and Technology, the Director of Emergency Planning, the Chairman of the Council of Economic Advisers, and the Director of the Bureau of the Budget. In conduct­ing this study, this Committee will draw on the resources of all departments and agencies as appropriate. I request that the Committee report its initial findings and recom­mendations to me by April 1, 1965• • -G0NFIDENq;'hfsh­