Evening star., 1953-01-24
Senate Debate on Wilson Is Delayed Until Monday

Wilson replied. ST am going to
try my very best to clarity this
responsibility you are talking
about and stop kicking the stun
around so much, wasting time
and money deciding on what is
the right thing to do.'
THAT certainly would be much
in the public interest, am sure, =
Senator Kefauver commented.
Has Exchange with Symington.
Mr.. Wilson and Senator SYM
ington. Democrat of Missouri,
himself a former Secretary OF
the Air Force, had a somewhat
warm exchange at the afternoon
session.
Senator Symington asked Mr..
Wilson to file some comment on
a report Of q House subcom-
rnittee. which charged last year
that bidding agreements between
some auto manufacturers and
auto parts makers cost the Gov
ernment $305 million a year in
"exorbitant" overcharges.
Mr.. Wilson replied that, If
Senator Symington were putting
the matter to him in helpful
way. as an aid in figuring out
what costs should be, that
would be fine. but "for me to
study those records here and
now and try to tell you what !
am going to do about the past
seems to be an unnecessary
burden on me-"
Apparently nettled at Mr..
Wilson's reply. Senator SYM
ington told the committee he
had very carefully refrained
from mentioning "some of the
activities of his (Mr. Wilson's)
own corporation in the matter"
Mr.. Wilson also got a mild
scolding from Chairman Salton-
stall. who said it was not for
witnesses to decide whether
questions aimed at them are
pertinent.
When Senator johnson pressed
Mr.. Wilson about disposal Of all
his stocks. the nominee said he
didn't think it would hurt to
keen his hank nil and GAS and
pipeline shares.
What is a man going to do?"
he said. do I have to invest in
Canada. or Mexico or some place
else? That isn't right, to put an
American in that kind Of spot.
II want to make it absolutely
clear and subscribe to the
principle and certainly ! tried
to say it the other day. will
be like Caesars wife, above
suspicion.
Lists Stock Holdings.
Mr.. Wilson told the Senators
he owns 39,477 shares of GIN
stock and is scheduled to receive
cash and stock bonuses from the
company worth more than $751;
900 between 1854 and 1857.
In addition, he said that next
he expects to start draw
ing a $40,000-a-year pension
from General Motors and to re-
tain a group life insurance pol
icy, now payable at 500, 900.
He said he holds 81, $50 shares
in the LaGloria Corp. Of Corpus
Christi, Tex, with no eStab-
lished market value; 9,272
shares in the Texas-Illinois
Natural Gas Co.. valued around
$40 share; $4,000 shares in
the National Bank Of Detroit.
value unStated. and 303 shares
in the Anderson Banking Co..
of Anderson, Ind.
Wife's Holdings. ''-
AS for his wife's financial hold
ings. Mr.. Wilson listed 10.472
shares Of GIN stock, 10000 shares
of LaGlpria Corp, 1889 shares
of Texas Illinois Pipe Line Co.,
/ 200 shares in the National Bank
of Detroit. $500 shares of Grey
1000 shares of Kroger
and 1900 shares Of United Elec-
trical Coal Co.
eff you think she ought to sell
some of these, I guess she could
do that" Mr.. Wilson said.
He listed fractional holdings.
less than a tenth of / per. cent
each, in these oil and gas leases:
Bird Island, Laguna Madre, Kle-
berg, Tex, 3,184-acre lease;
46,744 acres in Morgan. Weld
and Washington Counties, Colo;
2 $50 acres in San Patricio
County. Tex; 56.914 acres in
Kennedy County. Tex; $50 acres
In Crockett County, Tex, and
800 acres in Upton County. Tex.
He said he also has a 50-acre
participation in the Sheridan
Field, Colorado County, Tex. The
report placed no value on any Of