Harold Lady reports on the status of negotiations with Kosco and the United States Foreign Operations Administration (FOA) for a petroleum contract.

Summary, introduction, and full transcription of address in which James Cromwell proposes a new foreign policy for the United States. In his new policy, he argues that US should enhance its armed forces abroad.

President Rhee discusses different tactics with General Van Fleet on how to convince President Eisenhower and the American public to build the ROK's armed forces.