Word: pauley
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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...
...midst of the steel crisis, Harry Truman took time out to fill two big jobs in his official family. He nominated rich, handsome W. Stuart Symington to be Assistant Secretary of War for Air and rich, ambitious Edwin W. Pauley to be Under Secretary of the Navy...
Oilman. Ed Pauley* had made a career of mixing politics and business. Ever since Truman got in the White House his wife has wanted him to get a big-time job. Last week he got it. Ed was a "Truman-before-Chicago" man. As treasurer of the Democratic National Committee he wiped out a $750,000 deficit in 1942, raised funds so efficiently that the Committee actually had a small surplus in 1944. As politicians reckon, he was entitled to cash...
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...