Proposal sent through John W. Staggers to invest in four smelting plants in Korea for processing scrap.

John W. Staggers informs Syngman Rhee about an offer of seed corn from Phillips Associates in Chicago.

John W. Staggers cables a number of US congressmen reporting a "dangerous misstatement" about the Korean economic position in a resolution related to the Private Enterprise Plan.

John W. Staggers reports he is working on a national law covering corporation law for Korea.

John W. Staggers informs Syngman Rhee of his meeting with representatives like Charles B. Brownson who is on the Committee of Government Operations and the Committee of Public Works.

Report on the excessive number of agencies working on the rehabilitation of Korea, which Staggers felt created inefficiency. He suggests giving funds directly to the government of Korea.