Choose the New Element... menu item to bring up a
  dialog box, enabling you to input attributes and other
  options for the element you are creating.

  The new element transaction creates the first
  generation of a new element.  It does this by moving the
  input file from an OpenVMS directory into a CMS library.  By
  default, CMS searches for the file in your current
  default directory; you can direct CMS to use a file with
  a different name or in a different directory by choosing
  the Input File option.

  After the element is created, CMS deletes all versions of
  the input file from the specified location unless you turn
  off the Delete Input Files option or turn on the Reserve
  New Element option.