JFK Assassination System Date: 5/29/201 Identification Form "oo eee Agency Information AGENCY: FBI RECORD NUMBER:  124-10210-10348 RECORD SERIES: HQ AGENCY FILENUMBER:  92-2713-1ST NR 198 . $$$ Document Information ORIGINATOR: FBI FROM: EVANS, C. A. TO: BELMONT TITLE: DATE: 07/11/1961 PAGES: 2 SUBJECTS : CM, INFT, BUSS ACT, INTERNATIONAL TIME INC., MORRISON, DELESSEPS, B/F INT DOCUMENT TYPE: PAPER, TEXTUAL DOCUMENT CLASSIFICATION : — Unclassified RESTRICTIONS: 4 CURRENT STATUS: — Redact DATE OF LAST REVIEW: * 12/04/1997 OPENING CRITERIA: INDEFINITE COMMENTS : a |, . A? v9.1 27 AW 45855 DocId: 32293072 Page 1
Sy a a a re ms ail > SN Fy 1 - Mr. Belmont: ° l - Mr. Evans . 1 - Mr. Stanley Mr - Belmont U/L 1 - Mr. McAndrews Cc. A. Evans | CRIMINAL INTELLIGENCE PROGRAM ne _ NEW ORLEANS DIVISION. Oy New York ohorstom has <abs2.2 that Delesseps Morrison, who was recently appointed American Ambassador to the Organization of Anerican States, anticipates entering into an oil scheme with- a company incorporated under the an m » who is president of this organization, : * wou International of New York State. advised this scheme of Venezuelan extensive profit to European countries. fi; . ae, ge fas Bedoly ifé rs 7 %y, 7 ‘ e i . . “ a potential ¢riminal informant of the fc * . Fru rent arene vt meamen batt sgh va ‘Time, involve the purchase of a large amount . oil at reduced prices .:which would be sold for ab os; This oil would be securcd”’ cheaply by virtue of the appointment of Morrison as ae eT to the Organization of. American States. able to obtain the oil through his contacts in Venezuela. He allegedly will be: aa aa The aupply of oil is: owned by the Venezuelan Governne't’ Sf and administered by the Bureau of Hydrocarbon~of ¢ uelan' Government. Through the intervention of. eriee eta a law would be passed by the Venezuelan Government g the Sof, oil to be sold at $1.61 a barrel. of oil is currently $2.50. . International approximately until sold to to Burope for The International profit bank, - handled in this manner in order to protect Morrison who could, ' possibly be compromised if his participation in this transaction were discovered. in these transactions. [related that on 6/29/61 he was in Attorney - James J. Cally's office, 150 Broadway, New York City, where they discussed the above business deal. accompanied by. one (FNU) Diaz, a Yendmuelan national, not —@)- 92-2713 | TLG: Swb/sa a V BY SEP @ ee Time, Inc., would handie the financing and the The posted pricefor a barrel The oil would be purchased by Time, Inc., and resold to foreign countries at 3 $1.66 a barrel. It would remain in South Americas 4 foreign governments which. would then transport Li i refining. ~' oil would never be brought to the United States . be deposited under a number account in a Swiss \, advised the sale of the oil would have to be ‘Morrison would receive one-half of the profits It was decided that Cally ey an: are a No? TH =TaRYED 185 AUG 31 1961 . —_—_——_- -—rroronrn—“~'o—OoOoeOerr™” HW 45855 DocIdad:32293072 Page 2
further identified, would fly to Venezuela from New York on “the evening of 7/2/61 to further develop tht mit Our \\ Memorandum to Belmont i Re: CRIMINAL INTELLIGENCE PROGRAM | - NEW ORLEANS DIVISION : : . * | New York Office is maintaining contact with for further = OTHER 4 developments concerning this. The above information is being furnished to the White House in connection with an investigation of Morrison by the FBI with respect to his recent appointment as Ambassador “to the Organization of Anerican States. HW 45855 DocId:32293072 Page 3