Foreword 



Ever since assuming my duties as Secretary of the Treasury in 

 January 1961, I have been concerned about the critical problem facing 

 the United States Coast Guard because of the obsolescence of much 

 of its equipment and facilities. A review of long-range requirements 

 for vessels, shore stations, and aircraft indicated a need for a phased 

 program of capital expenditures totaling more than $1 billion in 

 order to provide adequate operating tools for the men of the Coast 

 Guard. 



I concluded that a comprehensive study of the Coast Guard's roles 

 and missions, together with a review of existing policy and opera- 

 tional guidelines, would be helpful in deciding our course of action. 

 Accordingly, a study of the Coast Guard's 10 major missions was 

 begun by an inter-agency group composed of experts from the Bureau 

 of the Budget, the Department of Defense and the Treasury Depart- 

 ment. This study, lasting 8 months, was concluded in June 1962, 

 and resulted in 80 recommendations. I have now directed that action 

 be taken on 76 of them. 



This pamphlet summarizes the reports submitted to me by the study 

 group and the most significant implementing actions I have approved. 

 Some of these actions will be taken immediately; others will take 

 effect only in phases extending over a number of years. The results 

 of the study should prove to be extremely beneficial to the United 

 States Coast Guard and to the people it serves. 



Douglas Dillon 



