Word: pattillo
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...director of the White House's Office of Management and Budget, has become one of the new Administration's strongest advocates for conservative fiscal policies. But Lance's own financial position is far from conservative; he is, in fact, hip deep in debt. Says Dan Pattillo, one of Lance's banking and personal friends in Georgia: "I couldn't sleep nights if I had to service debts like Bert...
...sharp decline. At the same time, his income has been cut drastically since he took his Washington job. How he can meet the estimated $370,000 in interest payments on his various loans this year and maintain his lavish living style mystifies his friends. It may turn out, says Pattillo, that "Bert just can't afford to stay in Washington...
...years after the Lucas gusher blew in, Pattillo Higgins worked to develop Texas oil lands, made a comfortable living at it, although he never became the big oil baron that he might have been. Through the years, he never lost his urge to prospect for oil. When he was nearly 90, he was still setting out in his old model A with pick and shovel, to probe among the rocks...
Last week, at 92, Pattillo Higgins died and ended his restless search for oil. He left among his papers a document dated Dec. 3, 1901, signed by 32 citizens of Beaumont, Tex., and attested by the county clerk. It was a sort of apology, and it said in part: "Mr. Higgins deserves the whole honor of discovering and developing the Beaumont oil field. He located the exact spot where all the big gushers are now found...
...Died. Pattillo Higgins, 92, Texas oilman who triggered the Spindletop strike near Beaumont which ushered in the oil age; in Houston (see BUSINESS...