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DAILY MEDITATIONS
; Therefore, being justified
i by faith, we have peace with
God through our Lord Jesus
Christ.
i ‘ By whom also we have
access by faith into this grace wherein we stand,
and rejoice in hope of the glory of God. Romans
5:1-2.
slave you a favorite Bible verse? Mail o
A. F. Pledger, Holly Heights Chapel.
eeeoo e e e et
!T i ’
. The Washington Notebook
E By PETER EDSON
! NEA Washington Correspondent
WASHINGTON — (NEA) — Sooner or later, the
PBiiiish and Iranian governments are going to have
to start talking money to make a settlement for
the proposed nationalization of the Iranian oil fields.
Then i 8 when the fun will really begin. It may
take years to settle this thing, even as a straight
business deal, without any war threat or Commun=
fst talze-over complications.
o cite a parallel, the Mexican revolution and
ecnsiitution of 1917 nationalized all sub-soil mineral
r_chts. Seizure of the actual oil company proper
ties did not begin, however, till March, 1938. It
was 1945, however, before the Mexican govern
meat reached agreement with the last of the pri
vate, foreign ocil companies. And some of the
¢!ais aren’'t fully settled even yet.
~ e American companies settled first. They
weo» Sinclair, Cities Service and the Standard
groun. They agreed to settle for a total of some
S2O million, The big, final settlement was with
Mexican Aguila Oil Co., a Royal Dutch-British lub
-8- loy, which settled for around $l2O million.
S 0 American and British private interests and
gcvernments have been through this oil nationali
zation business before, in Mexico. And this ex
per-ence offers a guide as to what's involved in
Iran.
"ncre are, however, certain differences in the
two cases.
IEAN WILL SELL OIL
"_be Iranians have said they don’'t want the oil
for their own use. They will continue to supply
the customers which have taken this oil in the past.
Again they say this is not expropriation.
“here is a complicating factor in the fleet of 168
An:lo-Iranian-owned tankers plus 60 chartered
tankers that carry the oil to markets in Europe and
Asia. The Iranian government would no doubt
like to take over this fleet, too, as part of the com
pany’s property. But there isn’t much chance the
company will allow the ships to fall into other
hends. ,
"_acre is considerable difference between the size
of the Mexican and Iranian operations. Mexican
proq%ction was around 190,000 barrels a day in
1920-25. It declined to 32,000 barrels a day in
1922. This was largely because the foreign conr=
panies pulled out or cut production, fearing even
tual expropriation.
It is only since 1947 that Mexican production has
risen to the' 200,000-barrels-a-day level of this
year. Oil men predict that if Iran does nationalize,
the government will go through a slump just like
Mexico did because the Iranians won’t be able
to operate the property at its present efficiency.
Iranian production is now over 700,000 barrels a
day of crude, with 550,000 barrels a day of refined
products at Abadan. Scheduling this production
and marketing it is a tremendous job in itself. An
average of seven ships a day must clear Abadan
for distribution to world markets.
The Mexicans were fortunate in that they were
sble to hire foreign technicians. Anglo-Iranian
has 77,000 employes. If the technicians were with
drawn production would stop. No American
company would be interested in taking over -a
production contract because that would be inter
national claim-jumping and world oil war.
VALUE OF OIL
Estinrates of value of the Iranian oil properties
di‘fer greatly. The Anglo-Iranian company is said
to have invested over a billion dollars in the enter
prise since 1901. How much of this should be
written off as fully recovered as debatable. Some
claims have been made that the book value of the
company is only S6O million to S7O million. But to
rebuild the Abadan refinery at today's costs would
talze $825 million.
Fow do you figure fair return on those price
ra eg?
“he 700,000-barrel-a-day output, incidentally, at
. $1.75 a barrel average price in Persian Gulf, is
. worth nearly a million and a quarter dollars a day.
But there are a lot of special price customers, like
" the British navy. And some awfully fancy spreads,
Production costs have been reported at one pound
sterling per ton ($3 U. S. for 7 barrels). Sold at
-sls, the markup and profit are sl2 a ton, or 400
per cent.
In 1939, the Iranian government got $37 million
royalties. A new contract, refused by Iran, would
. have given the government $22 million on 25 mil
lion tons production, or over S9O million on this
year's estimated production of 35 million tons.
How does anyone figure fair return for selling
. price on factors such as these, presented here in
~ oversimplified form? And what would the Iranians
wse for money? Their proposal would presumably
_ be that they give the British something like 25 per
E cent of the annual production, selling them the rest
~wntil the properties were paid for.
s Ownership of Anglo-Iranian Oil Company pre
] nts an even greater complication, The British
- thnt owns 56 per cent of the stock. Burma
= Oil Co., an old Scottish enterprise, ewns 22 per
k The rest is privately held. ;
) L R R R
.
The People Of America Had
. c
Better Watch Their Step
The people of America had better watch their
step. The politicians may lead them into a big war
with China, a war that might be averted if the
people do not let themselves be deceived into sup
porting the wrong course.
For instance, it may be possible now to get a
cease fire in Korea upon terms that protect our Na
tional interests. But it is difficult to believe that
we can obtain a cease-fire agreement with China
if we intend to rebuild the forces of Chiang Kai
Shek for the purpose of backing him in an effort
to invade the Chinese mainland and unseat the
present Communist. government in China.
Let the people understand what is being debated
in Washington, before it is too late. The question
being debated ih Washington is whether we are
willing to accept a peace in Korea on terms short
of the complete defeat and overthrowal of the
Chinese Communist government, or whether we
will insist on broadening the war.
We may never know whether the Chinese Reds
could have been prevented from going into Korea.
It may be that the actions of General MacArthur
preceding his push to the Yalu—itself considered
inadvisable by the Joint Chiefs of Staff—convinced
the Chinese Communists that the United States
was determined to overthrow the Peoples’ Govern
ment at Peiping and reinstate Chiang.
At that tinmve.that was not our intention, of course,
bu the Chinese, like most governments, had to act
upon what appeared to be our obvious intention.
It is possible, even probable, that the Joint Chiefs
believed, judging by their testimony, that the Mac=
Arthur policy would push the Chinese into the
Korean war. They, cannot, of course, come right
out and say that. But they apparently were afraid
of that when they were cautioning the General not
to send any but Korean troops north of the 38th.
All that now is water over the dam. What we
should now be concerned with is how do we end
the Korean war without making it a bigger war?
We are right now faced with the necessity of mak=-
ing a choice. If the people support the present
policy of their national government it is probable
that the Korean war can be ended without a stale
mate, or without appeasement, But the people
cannot afford to be misled.
The Christian Science Monitor, discussing the
present situation, declares: :
“Some advocates of carrying the war to Ching
are convinced that is the shortest road to victory
in Korea and have no other purpose in mind. But
others, consciously or unconsciously, are seeking
to oust comnrunism from China. Freedom for China
would be fine, but is it today a wise military aim?
There is a very great difference in the two ob
jectives, and it is high time that Americans took a
closer look at what each involves.
“There is, for instance, a real difference between
giving Chiang Kai-shek aid to defend Formosa and
giving him aid to renew the civil war on the
Chinese mainland. There is a dfference between
bombing Chinese bases and supply lines for 200 or
300 miles in Korea and strafing the Chinese home
land. There is a difference between refusing to
seat the Chinese Reds at Lake Success and under
taking to unseat them in Peiping. If the new UN
offensive scores any marked success there could be
an early opportunity for peace. Would Anrericans
be ready to accept a reasonable peace in Korea?
Or are they resolved on unremitting effort to throw
the Reds out of China? The question deserves
earnest attention.”
Flying “Eggbeaters” Blind
Experiments on blind flying of helicopters are
now being conducted on an extensive scale at Nat
ional Advisory Committee for Aeronautics labora
tory at Langley Field, Va. Usefulness of the heli
copter has been severely restricted up to now be
cause it could not operate at night or in bad wea
ther. Stability characteristics of the ’copters and
controls have not been considered good enough to
fly under all conditions. And instruments have not
been developed to show exactly what the helicop
ter was doing in the air when blacked out.
A tendency of helicopters to roll has been detect
ed at Langley, and means to correct this instabil
ity are already being taken. First blind flying ex
periments are being conducted in a dual control
helicopter, in which the position of the second pilot
is completely surrounded by curtains. Forward
pilot, with full visiility, is able to take over if the
ship gets out of control of the pilot trying to fly
blind.
"
lke and Mac Disagree On Enemy
It is largely a question of semantics - or the
meaning of words—but there is known, to be a vast
difference between the views of Generals Dwight
D. Eisenhower and Douglas MacArthur on what
constitutes the free world’s main enemy. General
MacArthur in his testimony before Senate inves
tigators identified the enemy as “world commun=-
ismr.”
General Eisenhower, on the other hand, has ex
pressed the view that the real enemy is “Russian
imperialism.” He looks upon communism as merely
the vehicle of the Russian imperialists to further
their ambitions. And by inference, General Eisen
hower attributes the same motives of conguest to
the Stalin Politburo as to the old Russian czars.
It is my own belief that we are in greater dan
ger of expanded war today than at any time since
the close of the war in 1945. —Rep. Bam Rayburn
~ Tex.).
THE BANNER-HERALD, ATHENS, GEORGIA
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Civilian Workers For Employment
With Army Overseas Sought Here
Civilian workers for employ
ment with the Department of the
Army in overseas operations are
being sought in Georgia and over
the nation, W. W. Deßeaugrine,
manager of the Athens office of
the Georgia State Employment
Service, said today. Men and wo
men who have had experience in
any of 70 lines of activity are be
ing sought, to fill more than
eleven hundred positions, ranging
from the highly trained proses
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223 W. Hancock Phone 4043 :
How Now, Cold Cow?
sions through office workers and
skilled persons in wvarious fields.
Most of the positions are in Japan,
Alaska, Germany, Australia, and
Okinawa, but there are also a few
in other places.
“The shortage is very serious,”
Mr. Deßeaugrine said. “Wider
deployment of Army troops and
withdrawal of military personnel
from these duties have brought a
lack of persax:s to &onduct many
services in the countries we oc
cupy, and in some of our territo
ries and possessions. The United
States Employment Service,
through its affiliated State Em
ployment Services, is intensifying
its efforts to find persons who
are gualified and willing to ac
cept such employment overseas.
“Applicants who present their
qualifications to the local office
of the Georgia Agency at 289 N.
Lumpkin street, Athens, Ga., or
at any local office of any state
employment service during the
next 60 days, will get a rapid re
ferral of their qualifications to
the Department of the Army. And
an equally rapid decision on a
candidate’s acceptability is prom
ised by the Overseas Branch of
the Army, which is conducting
the nation-wide campaign in con
junction with the Employment
Service.”
- Professional Groupings
The professional greoupings in
which overseas employment is of«
sered, Mr. Deßeaugrine said, be
gin with attorneys, accountants
and economists, Engineers are
wanted — mechanical, civil, eon
struction, architectural, automo
tive, petroleum, safety, mechani
cal with railroad experience, elec~
trical with radio or telephone ex
perience, electronic with radio or
wire and communications experi
ence, he said. Medical officers with
public health background, veteri
narians and geologists also are
wanted. The st also includes
librarians and court reporters,
recreation directors, employee
utilization specialists, personnel
technicians, budget officers, infor
mation specialists, wage analysts,
and engineering aides.
Typists and stenographers are
in heavy demand, as well as tab
ulating machine operators and
supervisors. And hf the field of
communications, the Arnry wants
radio techniciang and repairmen,
cable splicers, communications
foremen and code clerks. In ma
chinery, suyervisors of machine
shops, advisors on tank mainten
ance and repatr, motor mechanics
and property supply clerks are
wanted.
Pay Scale
Pay is on the same scale as for
the same kind of governmental
positions in the United States,
Various kinds of Insurance,
FHA, City and Farm Loans
4159%.
H. N. CHICK, SR.
Special Agent ~ Phone 1130-J
The Prudential Insurance
Company of America
with 25 percent additional in
Alaska and Okinawa, and 10 per=
cent additional in Japan., “There
is a big difference, however, in
the fact that housing is free in
some areas, and furnished at only
nominal cost in other places,” Mr.
Deßeaugrine said. Medical and
dental car%is supplied on a simi
lar basis. Servant help is cheap
and plentiful in most areas, so
that the salary paid overseas
workers is worth more than that
paid domestic workers. And with
few exceptions, overseas Army
installations offer the same kind
of community services that we
have in this country.”
Regulations concerning depend
ents vary with the area, but all
local offices of state employment
services have full information on
these matters.
Transportation is at govern
ment cost, by ship or plane. A
two-year tour of duty is required,
applicable everywhere except in
Okinawa, where there is a one
year nrinimum.
Local Channel
Mr. Deßeaugrine emphasized
that the only local channel to one
of these positions is the local of
fice of the Georgia State Em
ployment Service. “If a candi
date’s qualifications are accept=
able to the Army, then it may be
expected that the overseas trip
may start in avout 30 days, pro
viding physical, character and
loyalty investigations are passed,”
he said. “The candidate has a
choice of any area where there is
a job for which he can qualify.
Leave regulations for overseas
employment coincide with those
for domestic governmental em
ployees. The standard work week
is 40 hours, Monday through Fri=-
day. The opportunity for self=-
improvement for broadening of
cultural interests and at the same
'timo serving the nation in a time
of need is all combined in over
seas employment with the Army.”
Twenty-six college professors in
the Atlanta area have been award
ed research grants totalling more
than $12,000.000, Dr. Henry King
Stanford, Director of the Univer
sity Center in Georgia, announced
today.
The grants represent final
awards in a five-year experimen
tal program sponsored by the
Carnegie Foundation for the Ad
vancement of Teaching and ad
ministered for the Atlanta area
through the University Center in
Georgia. The institutions in which
the professor teaches pays one
fourth the cost of the research pro
ject with the Carnegie Foundation
paying three-fourths of the cost.
Professors receiving Carnegie
are:
Agnes Scott College: Florena J.
Dunstan; Atlanta Art Institute:
Ben E. Shute; Emory University;
William L. Bevan, Bruce Gordon,
HOLIDAY NOTICE
Monday, June 4, 1951. '
JEFFERSON DAVIS BIRTHDAY :
A Legal Holiday will be observed by the Athens Clearing
House Association, Monday, June 4th, 1951 and ne Bank
ing business will be transacted on that date.
The Naticnal Bank of Athens | < "
Hubert State Bank. e
The Citizens and Southern National Bank
SUNDAY, JUNE 3, 1951,
Richard B. Harwell, Richard Hock
ing, Ernest L. Hunt, Carmine Lin
salata, John C. Stephens Jr,, an
Ernst W. Swanson; Georgia Insti
tute ‘of Technology: Herbert Bur
rows, Joe L. Morris, Glenn Sisk
H. W. Straley; University of Geor
gia: Jules C. Alciatore. Edwin (
Beck, Calvin S. Brown, E. E. Byrc
Lamar Dodd, J. C. Eidson, Rubi
Gotesky, Clara E. Hamilton, Ed.
W. Parks, H. W. Schoenborn
Gregor Sebba and J. Chalmer
Vinson.
Members of the University Cen
ter Carnegie Committee which
made the awards are: L. E. Loem
ker, Emory University, Chairman;
S. C. Stukes, Agnes Scott College:
Robert S. Rogers, Atlanta Art In
stitute, S. A. Cartledge, Columbia
Theological Seminary; R. L. Swei
gert, Georgia Institute of Technol
ogy; and George H. Boyd, Uni
versity of Georgia.
Although bhorseshoeing began
about the second century, B. C,, it
did not become common until the
close of the fifth century A. D.
-
PHONE 1726
234 E. Washington
Railroad Schedules
SEABOARD AIRLINE RY.
Arrival and Departure of Trains
Athens, Georgla
Leave for Eiberton, Hamlet and
New York and East—
-3:30 p. m.—Air Conditioned.
8:48 p. m.—Air Conditioned.
Leave for Elberton, Hamlet and
East—
-12:15 a. m.—(Local).
Leave for Atlanta, South and
West—
-5:45 a. m.—Air Conditioned.
4:30 a, m.—(Local).
2:57 p. m.—~Air Conditioned. -
CENTRAL OF GEORGIA ~
RAILROAD
Arrives Athens (Daily, Except
Sunday) 12:35 p. m.
Leaves Athens (Daily, Excep
Sunday) 4:15 p. m.
SOUTHERN RAILWAY SYSTEM
From Lula and Commerce
Arrive 9:00 a. m, g
E East and West |
Leave Athens 9:00 a. m,
GEORGIA RAILROAD -
Mixed Trains. i
Week Day Only
Train No. 51 Arrives 9:00 & m.
Train No. 50 Departs 7:00 p. m.