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HEARINGS

BEFORE A

SUBCOMMITTEE OF THE
COMMITTEE ON MINES, AND MINING

UNITED STATES, SENATE

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SEVENTY-FOURTH CONGRESS

FIRST SESSION

ON

S. 2027

A BILL TO REGULATE COMMERCE IN PETROLEUM,

AND FOR OTHER PURPOSES

APRIL 16 AND 17, 1935

Printed for the use of the Committee on Mines and Mining

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COMMITTEE ON MINES AND MINING

M. M. LOGAN, Kentucky, Chairman KEY PITTMAN, Nevada

LYNN J. FRAZIER, North Dakota CARL HAYDEN, Arizona

JAMES J. DAVIS, Pennsylvania DUNCAN U. FLETCHER, Florida

CHARLES L. McNARY, Oregon W. J. BULOW, South Dakota JAMES P. POPE, Idaho ELBERT D. THOMAS, Utah JOSEPH F. GUFFEY, Pennsylvania

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FEDERAL PETROLEUM ACT

TUESDAY, APRIL 16, 1935

UNITED STATES SENATE, SUBCOMMITTEE OF THE COMMITTEE ON MINES AND MINING,

Washington, D. C. The subcommittee met, pursuant to call, at 10 a. m.,

in room 249 of the Senate Office Building, Senator M. M. Logan presiding.

Present: Senators Elbert D. Thomas (chairman), William J. Bulow, and Lynn J. Frazier.

Also present: Senators Elmer Thomas, Tom Connally, and Joseph F. Guffey.

Senator LOGAN. The committee will come to order.

Gentlemen, Senator Thomas of Utah is chairman of the subcommittee that will conduct these hearings. Senator Bulow and Senator Frazier are the other two members of the subcommittee.

Senator Thomas of Utah, as all other Senators, is very busy at this time, and he will conduct the hearings and do what he thinks is necessary.

These hearings are usually a waste of time, in my judgment. I can see no reason, for instance, why someone should bring a brief of several pages and insist on reading it to the subcommittee, and nobody else will ever hear of it until it is printed and the other members of the Senate will see it.

I have been of the opinion for a long time after observing some of these hearings that we lost a lot of time because someone wanted to read what he had. You cannot very well keep him from it, if he wants to do it, but I just want to remind you of the fact that these hearings all have to be printed, and it is hardly worth while for you to delay

the conference of the subcommittee by so doing, because the subcommittee turns them over to the full committee, and the full committee later turns them over to the Senate.

Another thing I would like to suggest, if Senator Thomas will permit, and that is there should be no rambling around in submitting the facts for the hearing. Arguments and speeches are all very well in some places, but what the committee will want, speaking for the Chairman of the Committee on Mines and Mining, speaking as chairman of that committee, it will want facts and facts only.

Now, then, I might remind you of the fact that we had hearings last year, and we do not care to cover the same ground, unless someone has some new thing or some new argument to advance and will mention those and not take up the time by repeating what is already in the record.

It seems to me, if Senator Thomas will pardon me, that Senator Thomas of Oklahoma, if he has anyone to offer in evidence in sup

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