Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1948-06-18
PAC
Pipeline

had the following item In his
column of May 20:
"Joe Louis and Jersey Joe
Walcott have nothing on
Fred W. Clinker, vice-presi-
dent of the Goodyear Tire and
Rubber Co., in charge of in
dustrial relations. Climer goes
into training just before
major bout with labor leaders
at the collective bargaining
table. He takes a vacation, so
as to be in the best physical
and mental condition for the
ordeal. -"
Tis is known as the Miami
Beach school Of labor rela-
tions, and its purpose Is to
build up resistance to the
common cold and decent t
wages.
PAC Pipeline has repeated
a number of times the charge
that American oil companies
are soaking the taxpayers on
Navy oil and emerging with
fantastic profits.
Latest verification c o m e S
from James A. Moffet, him
self a retired oil company ex-
ecutive and a former member
of the Petroleum Advisory
Committee of the N.R.A.
The US. Government, said
Moffet on May 81, is paying
SLAB a barrel for the same
grade of Arabian crude oil
that the British Admiralty Is
buying for 20 cents a barrel.
The price per barrel for the
US, he emphasized, should
not be more than 40 cents.
One of the most scandalous
aspects of the whole steal,
Moffet pointed out, is that the
us. Government actually is
paying twice for the same oil.
More than $17,000,00 was
given to Arabian King Ibn
Saud in lend-lease' as an
advance" for oil to be sup
piled to the Navy. On top of
that, the oil men have handed
the Navy a new bill for more
than $37,000,000.
Chief beneficiary: Arabian
American Oil Co., a creature
of the California Standard,
New Jersey Standard, Texaco
and Socony- Vacuum oil COM
panies.
Emil Schram, president of
the New York Stock Excange,
isn't worried about prices and
the cost of living. Appearing
before the Joint Congressional
Economic Committee recent
ly, Schram implied tn / n g
were looking pretty rosy at
this point, and If the govern
ment would just lay off the
stock exchange and forge
such nasty things as credit
controls and stock margin re-
quirements, Utopia would be
almost around the corner.
Initiation, to put 1t blunt
ly," said Schram, "is a state
of mind"
Prices too high? H vi in 6
trouble feeding and clothing
your kids properly? See your
psychiatrist twice a year.
A bunch of New York school
kids gave their elders a point
ed lesson in democracy May
13.
Seventeen thousand young
sters, m m b ers of safety
patrols from all parts of the
country, were supposed tC
para d e in Washington tha'
weekend. The New York dele
CATION of 81 stayed home.
eason: the segregation
practiced in the nations capi
tai would have been unfair Il
the four Negro kids in thu
group. They were all pals, thu
children declared. Why shoulC
they be fore e d to eat il
separate restaurants, sleep il
separate hotels, go to separate
moving-picture houses?
Particular credit is due Wit
Gioferro, Is, who was to re
ceive a medal from Presiden
Truman for saving the life o
an elderly woman by snatch
ing her from the path of |
truck. Few youngsters eve
get the privilege of visiting
the White House and receiv
ing an award from the Presi
dent of the United States il
person, but Vito said no. H
couldn't understand, he said
why the nations ca pita
sh oul d discriminate agains
any American citizens, whit
or black.