Oil Shortage Sparks Senate Fight Over Federal Control
In a tense Senate hearing the oil industry faces Senator Wherry as he attacks voluntary rationing schemes. Gulf Oil executives testify that contracts already sold oil and refuse to reallocate. a gray market of brokers and backroom deals emerges amid frost-bitten households awaiting fuel.
MENTIONED IN THIS ARTICLE
Washington
America
Kenneth S. Wherry
Nebraska
OPA
Pawnee City
Neb
Senate
Wherry
R. M. Barrett
The
Gulf Oil Co
Federal Control
Barrett
Bartlett
Howard P. Sears
the Stars Oil Co
Rome
N. J
Wherry blasts Barrett over price and cooperation
The dialogue shows Senator Wherry accusing Barrett of high costs and poor cooperation. Sears says he cannot reach Barrett by phone, urging government controls if talk with Barrett fails. Meanwhile oil tankers sit idle and 50 rusting vessels highlight wartime logistics and legal questions.
MENTIONED IN THIS ARTICLE
Senator Wherry
Barrett
Sears
Taft Seeks Freedom Growth Over Price Controls
Senator Taft addressing the St Andrew's Society dinner in Philadelphia criticized Truman's inflation program. He argued the remedy for current and world conditions lies in sound fiscal policy, saving, restraint, and more production with incentives, not price control. He urged freedom and less government restraint.
MENTIONED IN THIS ARTICLE
Philadelphia
Taft
Ohio
America
St. Andrew’s Society of
Truman
Yonkers Fireman Killed in Holdup
Yonkers police report a 42 year old city fireman Joseph Polito was killed and a policeman wounded when three bandits opened fire during a holdup of a Democratic party social club. Two suspects were captured.
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