Word: pauley
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Dates: during 1940-1949
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...Pauley, former treasurer of the Democratic National Committee, numbers among his many interests a substantial holding in California's tidelands oil.* Last week, at the Senate Naval Affairs Committee hearings on Pauley's much-criticized appointment as Under Secretary of the Navy, tidelands oil was the subject of some revealing testimony...
...Pauley...
Tobey: Mr. Pauley has stated under oath that he had done nothing to stop the filing of that suit. Did Mr. Pauley . . . ever tell you that the filing of that Government suit would be bad politically, that several hundred thousand dollars could be raised from California oilmen if they could be promised that the suit would not be filed...
Born in Indiana, Pauley spent his youth in Alabama, then moved to California. He earned his way through Occidental College and the University of California, got a Master's degree in business administration. A 1924 airplane crash left him bedridden for a year. Recovered, he plunged into oil operations. As head of tiny Petrol Corp. he first fought the major companies, but when Petrol Corp. had its back to the wall, he allowed a major (Signal Oil) to bail him out. At 38 he was a millionaire...
...Pauley has already done two odd jobs for Harry Truman as reparations chief in Germany and Japan. But they didn't put any real handle on the Pauley name. If confirmed by the Senate, Oilman Pauley will probably slide into the Navy Secretaryship when Secretary Forrestal resigns this spring...