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PAGE FOUR
ATHENS BANNER HERALD
ESTABLISHED 1808
Published 1_"17 Evening Except Saturday and Sunday and on Sunday Morning by Athens Publshing
Company. at the Post Office at Athens, Ga,, as second class mail matter.
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DAILY MEDITATIONS .
; EBut I would noet have you
i “'&:\_3‘ to be ignorant, brethern, con-
AT\ cerning them which are
i :,“ asleep, that ye sorrow not,
—— even as others which have
no hope.
For if we helieve that Jesus died and rose
azain, even so them also which sleep in Jesus
will Ged bring with him.—llst Thessalonians
4:13-14.
Have you a Tavorite Bible verse? Mail to
A F. Piedger, Holly Heights Chapel
U. S. Is Making Up Shortage
Caused By Loss Of Iranian Oil
BY PETER EDSON
NEA Washingten Correspondent
WASHINGTON.— (NEA) —People who say the
United States has no business “meddling” in the
Iranian oil situation may not know the half of it,
For in the last four months, world ooil shortages
caused by the shut-down of Iranian production
have been nmrade up largely by American-controlled
production. So the Iranian problem is now an Am
erican problem, almost as much as it is a British
problem.
Oil men say this situation must continue for
some months. The worst pinch will come this win
ter. Along about December 1, the American demand
for heating oil begins to rise. Anrerican refining
capacity must take care of this demand.
In general, however, American oil men are opti
mistic in their statements. Six months from now,
they say lthe world may find that it can get along
without Iranian productior, which has amounted
to 7 percent of total world production. This is
about equal to total Russian and satellite produc
tion.
The way in which American oil production has
been mobilized to bail the British out on their
Iranian oil dilemma is a story little known outside
the international petroleunr industry. But it pre
sents & number of U. S. oil problems.
Should U. 8. petroleum production be allowed to
go into export in large quantities? Or should U. S.
oil be kept for this country exclusively? And how
much foreign oil should be brought to America to
save U. 8. reserves?
OIL PEMANDS HAVE DOUBLED SINCE 1938
Both U. 8. and foreign oil demands now stand
double their pre-war 1938 rate. Forecasts indicate
the foreign demand will probably increase more
rapidly in the future. Foreign demands were rising
steadily when Iranian preduction was cut off by
the strikes of last March and April.
Iranian output had been running at about 610,000
barrels a day. Of this, 150,000 barrels was crude for
foreign refineries. The rest was kerosene, gasoline
and aviation gas, fuel and bunker oil. Loss of 30
million barrels in a few weeks upset all free world
markets.
European countries dependent on Iranian oil tried
to get oil from U. S. companies, But the question
of a cartel was raised and nothing could be done
until Department of Justice gave its clearance on
June 25. Then 19 U. S. companies operating abroad
were authorized to work together to relieve the
world oil shortage.
By early August a plan of action had been worked
out to relieve world oil shortages, Tankers and
storage tank capacity were pooled. Crude oil pro
ducts were exchanged. If one company had a
tanker of crude in the Mediterranean and another
company had a tanker of fuel oil in the Indian
Ocean, under government supervision they were
permitted to swap, if it would help relieve foreign
shortages.
At first, 200,000 barrels of Middle East crude that
had been coming to the -U. S. daily were diverted
to Europe. This has now been cut down to 90,000
barrels a day for the rest of the year.
OTHER OIL PRODUCTION MEASURES TAKEN
Other Middle Eastern and Venezuelan producers
found they could step up their production by 270,-
000 barrels a day. European consuming countries
were then put on an allocation basis for products,
' which cut daily demand by 75,000 barrels a day.
Free world refining capacity was inventoried. It
was found Eastern Hemisphere refineries could
produce an additional 195,600 barrels a day. And
from the United States, 190,000 barrels a day of re=
fined products will be supplied through December.
All these diversions from normal American sup
plies have been made possible by drawing on Anr
erican reserves for the domestic marekt. When the
Iranian crisis first developed, U. S, stockpiles were
high, There was some fear in the- industry that
prices would have to be cut to reduce stockpiles.
The Iranian shortage was therefore a boon in cut
ting down the surpluses.
The U. S. government, with an eye to the defense
situation, wants stockpiles kept high. To keep them
high and still meet the European shortage, U. S.
production had to be stepped up.
Petroleum Administration therefore asked Louis
iana Conservation Commission and Texas Railroad
| Commission to allow greater production and so
meet the world oil shortage. Both agreed.
The Texas Commission, however, has sent a let
ter to the U, 8. State Department, asking why the
| U. 8. should drain its resources to meet Anglo
| Iranian shortages. Independent U. 8. producers, on
l the other hand, are alarmed by increased competi
{ tive American production in the Middle East and
’ Venezuela. And U. S. consumers have a right to ask
why they should have te pay higher prices to meet
l Europe’s shortage.
Egypt Can Thank Herself
If War Inflames Middle East
Before Egypt declared its intent to abrogate
treaties with Britain covering Suez and the Anglo-
Egyptian Sudan, Egyptian leaders well understood
that new Western defense proposals for a Middle
Fast defense commrand were in the making.
These proposals now are on the record. Under
them, Egypt is asked to join with the United
States, Britain, France and Turkey in establishing
a defensive bulwark against communism on the
great land bridge between Europe and Asia.
British troops guarding the vital Suez Canal
would be replaced by Allied forces. Egypt would
supply military and air bases, and presumably
would be granted substantial military and eco
nomic help. It would be elevated to a high status
never hitherto attained by an Arab nation in the
international sphere.
Despite foreknowledge of this plan, Egypt
bluntly told Britain to get out. Since then, the
Egyptian parliament has formally abrogated the
treaties. And to cap it all, the government has re
jected the Allied proposals for a joint defense
command. : |
In none of this behavior are there any discem-"
ible elemrents of statesmanship. Whatever their
legitimate national aspirations, the Egyptians need
not have embarked on their present inflammatory
course, |
Many reasons may lie behind their irresponsible
conduct. For one, the ruling Wafd Party is said to
be declining in popularity. It may have decided to
fan the nationalist flames to divert attention from
its domestic failures.
The Egyptians may also have thought they had
the British trapped. Having just seen Iran’s weak
and weepy Premier Mossadegh successfully defy
the Lion, they may well have believed they could
perform a similar feat.
On the other hand, they nray have had no illus
ions about duplicating Mossadegh’s showing. They
may merely be stirring the present furore in the
hope of increasing their bargaining power when the
moment comes to discuss their role in a Middle East
defense set-up.
Whether Egypt may actually gain more for hav
ing thus perilously unleashed boiling nationalist
emotions is certainly questionable,
But there is no question at all about the deter
mination of Britain, with the full backing of the
U. 8. and France, to remain in control of the Suez
until a new Western force can move in. Neither
riots, efforts at economic strangulation or the use
of armed force are likely to dislodge the free na=
tions from this bastion athwart one of the mmost
crucial links in the world’'s waterways.
So if the Egyptians felt they would find the
British an easy mark, they are doomed to disap
pointment. Nor are Britain and the United States
minded to yield on the issue of future rule of the
Sudan. What Egypt is asking is, in effect, that colo
nial rule of the British be replaced by the colonial
rule of the Egyptians.
Both London and Washington believe the Sudan
ese should have something to say about their future,
Any solution that baldly hands the land over to
Egypt does no justice whatsoever to the Sudanese,
Critical days are ahead for the Middle East. If the
area should now flare into war, the responsibility
will not fall on the British, whatever the shortcom
ings of their colonial policies. It will rest squarely
on the shoulders of demagogic Egyptians who have
risked the larger interests of the free world com
munity- for their own selfish ends.
Overtone Of Envy?
When Princess Elizabeth and Prince Philip were
in Windsor, Ontario, the other day, Governor Wil
liams of Michigan, slipped across the Detroit river
to greet them. As a token, he gave the prince a tie.
“This will bring you luck,” said the governor,
who wears one like it. ‘
Hereupon the mayor of Windsor piped up: “He
doesn’t need any luck. He's got HIS job for life.”
The admiring nrayor made it clear he knew he
was in the presence of a man who had entered the
politician’s Garden of Eden: that narrow zone
where public jobs go on forever without painful
need of re-election.
The ethical standards of a public official will be
determined primarily by his own instincts as to
what is and is not proper. If he does not know that
it is improper for him to accept a gift, no finding
or supervision by a commission will educate him.
—Commerce Secretary Charles Sawyer.
While it (the Senate) undoubtedly is the world's
greatest deliberative body, the Senate is also so
delibearte that the result adds up to procrastina
tion.—Senator Blair Moody (D.-Mich.).
This is a private affair of my own and I don't
have to talk to anyone. It wasn't the press who
made me famous, It was my singing and the Am
erican public.—Crooner Frank Sinatra to reporters
who accosted him with Ava Gardner outside an
Acapulco, Mexico, nightclub. ‘
Today the church is the only essential organiza
tion that stands against Marxism. If we in the
church are not strong in this army of God we will
be the losers. — Dr. Joseph H. Hall, Philadelphia
Divinity School.
The United States no longer contains the basis
for its. own security within its own borders.—Nel
son Rockefeller, formrer ossistant Se:.retary of State.
T THE BANNER-HERALD, ATPENS, GEORGIA
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£ i TGk SROEERING. a e e E
ROLLING OUT THE BARRELS — Contestants in a Paris barrel race start their
. test in the Place Clichy Appropriately race was won by Henri Gourdin (front), barrel maker. -
AT THE
MOVIES
PALACE—
Sun.-Mon.-Tues. — “Force of
Arms,” starring William Holden,
Nancy Olson, Frank Lovejoy. Let’s |
Stalk Spinach—Popeye comedy.
News. ‘
Wed.-Thurs.-Fri.-Sat. — “Texas
Carnival,” starring Esther Wil
liams, Red Skelton, Howard Keel.
Tweetie’s SOS — Looney Tune.
Ride Cowboy Ride—special. News.
4 ——
RITZ—
Mon.-Tues.—“Francis Goes to
the Races,” starring Donald O’
Connor, Piper Laurie. Why Play
Leap Frog—Tom and Jerry car
toon, Football Thrills—Pete Smith.
Wed.-Thurs. - “Sirocco,” star
ring Humphrey Bogart, Marta To
ren, Lee J. Cobb. Cat Tamale—
noveltoon. Way Out West in Flor
ida—pacemaker.
Fri.-Sat. — “Fort Dodge Stam
pede,” starring Allan “Rocky”
Lane, Horse on a Merry Go Round
—color favorite. She’s Oil Mine—
Buster Keaton comedy. Overland
With Kit Carson—chapter 10,
DRIVE-IN— a
Mon.-Tues. — “Cattle Drive,”
starring Joel McCrea, Dean Stock
well. Love that Pup—Tom and
Jerry cartoon. Water Trickse —
Pete Smith. News.
Wed.-Thurs.—“Showboat,” star
ring Kathryn Grayson, Howard
Keel, Ava Gardner. Leghorn
Swaggled—cartoon, News.
Fri.—“ Bowery Battalion,” star
ring Leo Gorcey, Huntz Hall
Georgia and the Dragon—ijolly
frolics. Blonde Atom Bomb —
Andy Clyde.
Sat.—“ Stage To Tucson,” star
ring Rod Cameron, Wayne Mor
ris. Fiesta Time—screen song.
Glacier Fishing—sport. {‘
GEORGIA—
Sun.-Mon. — “The Prowler,”
starring Van Heflin, Evelyn Keyes.
French Rarebit. Fox News., The
Big Campus.
Tues.-Wed. — “Honey Chile,”
starring Judy Canova, Eddie Foy,
jr. Card Sharp, Cat Choo.
Thurs-Fri.—“Rich, Young and
Pretty,” starring Jane Powell,
Wendell Corey. Leghorn Swag
gled. Fox News.
Sat.—“ Home Town Story,” star
ring Donald Crisp, Marjorie Rey
nolds, Merry Mavericks. Sun-
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SEABOARD AIRLINE RY.
Arrival and Departure of Trains
Athens, Georgia
Leave for Eiberton, Hamiet and
New York and East—
-3:30 p. m.—Air Conditioned.
8:48 p. m.—Air Conditioned.
Leave for Elberton. Hamlet and
East—
-1215 a. m.—(Local)
Leave for Atlanta, South and
West—
-5:45 a. m.—Afir Conditicned.
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, Except
Sunday) 415 p. m.
SOUTHERN RAILWAY SYSTEM
From Lula and Corimerce
Arrive 900 a. lin.
East and West
Leave Athens 900 a m.
CTORGIA RAILROAD
Mixed Trains
Week Day Onty
rain No §! Arrives YIOO a m
rain No 5 Denarts 700 p m
shine Sports.
STRAND—
Sun.Mon.-Tues.-Wed. — “People
Will Talk,” starring Cary Grant,
Jean Crain. News.
Thurs.Fri.-Sat. — %“Across the
Wide Missouri,” starring Clark
Gable, Ricardo Montalban. Arn
old The Benedict, Practical Pig.
News.
~ Sat. — (Owl Show) “Little
Egypt,” starring Mark Stevens,
Rhona Fleming.
Jarnagin Gives
Date Of Polled
Hereford Sale
Owners of purebred Polled
Hereford beef animals throughout
the Southeast are expected to be
on hand when the Southeastern
Polled Hereford Asscciation sells
100 calves at the Southestern Fair
grouns, Atlanta, November 19, ac
cording to Dr. Milton P. Jarnagin,
Extension Service animal hus
bandman.
The approximately 75 heifers
and 25 bulls to be sold must have
been born between September 1,
1950 and May 10, 1951.
“During recent years,” Dr. Jar
nagin said, “enormous progress has
been made in improving quality
and increasing the numbers of
; . 0
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Athens ' ¥ ll(k & Tractor Co.
600 N. Thomas St. Phone 451
I l VO I
L »
Standard of the Highway”
Polled Hereford -cattle through-i
out the entire country.” No section
has shown greater progress than
the Southeastern States, he con
tinued.
“The offerings for this were
selected from the best herds in the
area,” the veteran livestock ex
pert stated. “They are rich in the
blood that has produced champions
in the leading show rings of Am
erica during recent years, and
acclimated and ready to go on and
do well for the new owners. The.
calves are good enough to streng
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Een existing herds or to found
new herds.”
Dr. Jarangin aufiect that per
song Interseted in Registered Pol
led Herefords should arrange to
attend this sale,
RIOT CAR
SINGAPORE — (AP) — Singa
pore’s police will get their first
specially constructed riot van
early in November.
The car, being built localy, will
have a turret for carrying light
machine guns, searchlights and
other equipment.
The government is spending
$16,600 to equip the first squad of
48 men being formed into a new
riot squad similar to the Shang
hai riot unit.
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