War Emergency Pipe-line Systems and Other Petroleum Facilities: Hearings Before the Special Committee Investigating Petroleum Resources and the Surplus Property Subcommittee of the Committee on Military Affairs, United States Senate, Seventy-ninth Congress, First Session, on War Emergency Pipe-line Systems and Other Petroleum Facilities. November 15 ,16, and 17, 1945

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Página 360 - An investigation be and hereby is instituted into the extent and probable life of natural-gas reserves; present and prospective measures for preventing waste anil prolonging the life of such reserves ; the present and probable future utilization of natural gas for domestic, commercial, and industrial purposes; the extent, character, and results of the competition of natural gas with other fuels; and such related matters as may be helpful in the administration of the Natural Gas Act or in determining...
Página 78 - In pursuance of this policy the basic scientific information essential to the development of atomic energy for peaceful purposes has already been made available to the world. It is our intention that all further information of this character that may become available from time to time shall be similarly treated. We trust that other nations will adopt the same policy, thereby creating an atmosphere of reciprocal confidence in which political agreement and co-operation will flourish.
Página 78 - We believe that the fruits of scientific research should be made available to all nations and that freedom of investigation and free interchange of ideas are essential to the progress of knowledge.
Página 405 - Keckless financing and stock manipulation by certain naturalgas holding companies. (14) Exploiting subsidiary natural-gas companies through fees for construction, management, promotion, etc. (15) Exaction of excessive bonuses or commissions by investment bankers in connection with financial transactions with natural-gas companies in certain instances. (16) Exaction of excessive fees and bonuses or commissions by officials of certain companies in connection with sales and construction of properties....
Página 407 - Oscar S. Straus, Secretary of Commerce and Labor, made a report to President Theodore Roosevelt, in which he stated in reference to the Standard Oil Co. (New Jersey) : '.'It is of the utmost importance to indicate clearly those fundamental facts that form the basis of the Standard's power. The monopoly of this concern has never rested on ownership of supply of crude oil. Not over one-sixth of the total production of crude in the country in 1905 came from wells owned by the Standard interests. It...
Página 408 - The scandalous railway discriminations obtained by the Standard in its earlier years as against its competitors did more than all other causes together to establish it in its controlling position. Later, when the rebate, per se (that is, the actual, physical repayment of part of the freight rate), was substantially abandoned, the Standard was able, by compelling the cooperation of the railroads, to establish in place thereof a system of secret or open discrimination in rates in its own favor, covering...
Página 78 - We — the President of the United States, the Prime Minister of Great Britain, and the Premier of the Soviet Union, have met these four days past, in this, the Capital of our Ally, Iran, and have shaped and confirmed our common policy. We express our determination that our nations shall work together in war and in the peace that will follow.
Página 397 - ... give due consideration, among all other appropriate factors, to all matters affecting the public interest, including when the substitution of natural or a mixture of natural and manufactured gas in lieu of manufactured gas, is involved, the social and economic effects thereof by reason of its effect upon employment, existing business and industries, railroads and other transportation agencies and facilities...
Página 141 - Pair value" means the maximum price which a well-informed buyer, acting voluntarily and intelligently, would be warranted in paying if he were acquiring the property for investment or for use with the intention of devoting such property to the best or most productive type of use for which the property is suitable or capable of being adapted. (7) "Fissionable materials...
Página 405 - ... field. Witnesses having expert knowledge testified that this amount of daily waste is sufficient to supply the entire present needs of the domestic and commercial users of natural gas in the United States. Because of the nonstorable character of natural gas, and...

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