Word: mahoney
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...rights backers may find it impossible to obtain the 64 votes necessary to cut off a Senate filibuster. The Southerners are within shooting distance of a Senate majority for an amendment that would require jury trials in civil rights contempt cases; Wyoming's Democratic Senator Joseph O'Mahoney has announced his support of such an amendment, while apparently wavering are such influential Senators as Minority Leader William Knowland of California and Assistant Majority Leader Mike Mansfield of Montana. Such an amendment, said Assistant Attorney General Warren Olney III, would "emasculate the whole bill." Olney's choice...
Wyoming's Democratic Senator Joseph C. O'Mahoney, who has been sniping away for months at the foreign operations of U.S. oil firms, last week developed a new line of attack. He asked the Administration to consider imposing a tariff on oil imports, to offset "the threat to our national security" resulting from the loss of tax revenues from overseas oil operations. What Senator O'Mahoney meant in particular was the Arabian American Oil Co.'s tax arrangement with Saudi Arabia, through which Aramco last year avoided paying a penny of corporate income...
...company's tax payments from the U.S. to Saudi Arabia. Last year, by deducting its payments to Saudi Arabia ($280 million) and taking advantage of the 27½% depletion allowance given to all U.S.-owned oil companies, Aramco wiped out its U.S. corporate tax liabilities. Senator O'Mahoney and others contend that Aramco and Saudi Arabia settled on a new income tax instead of increased royalties so that Aramco could write off all its increased payments from...
What Senator O'Mahoney did not mention was that Aramco's 1950 tax arrangement with Saudi Arabia was later approved by the U.S. Treasury Department, bossed by Dwight Eisenhower's friend, George Magoffin Humphrey. Regardless of the merits of the arrangement, the department evidently felt that it was in the best interests of the U.S. to have Aramco sitting on one of the world's most strategic-oil areas-even if it meant sacrificing some revenue...
...State Department, through security officer Robert Cartwright, attempted to smear him by implying that his conscientious objection in 1944 was a draft-dodging device. Worthy believes that this is simply clouding the issue of his constitutional right to a passport and was very gratified to hear that Senator O'Mahoney of Wyoming had said "Worthy's reputation as a citizen is unsullied, and the State Department owes him an apology...