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1985 (1944)

handle is hein.cbhear/ntpnf0001 and id is 1 raw text is: [No. 231] HEARING ON H. R. 4771, TO AMEND THE PART OF THE ACT ENTI- TLED AN ACT MAKING APPROPRIATIONS FOR THE NAVAL SERVICE FOR THE FISCAL YEAR ENDING JUNE 30, 1921, AND FOR OTHER PURPOSES, APPROVED JUNE 4, 1920, AS AMENDED, RE- LATING TO THE CONSERVATION, CARE, CUSTODY, PROTECTION, AND OPERATION OF THE NAVAL PETROLEUM AND OIL-SHALE RESERVES HOUSE OF REPRESENTATIVES, CommVreEE ON NAVAL AFFAmS, Washingtan, D. C., Monday, May 15, 1944. The committee met at 2 p. in., Hon. Carl Vinson (chairman) pre- siding. The CHAIRMAN. Let the committee come to order. The purpose of the hearing this afternoon is to take up H. R. 4771. With your indulgence, I think it is necessary for me to make a state- ment at the outset. I have also asked Mr. Forrestal to make a prelim- inary statement. So, if you Will bear with me, I will make my statement. As I have publicly stated before, I have been unalterably opposed to H. R. 4771, which has been drafted and sponsored by the Navy Department, and to the proposed contract with Standard dated Janu- ary 20, 1944, which H. R. 4771 would authorize. My opposition has been for the following reasons: (1) The scope of the bill is so broad as to result in completely reversing the presently existing congressional policy of conservation of the naval petroleum reserves. (2) Under the terms of the bill and the proposed contract between Navy and Standard with respect to the operation of the Elk Hills reserve, that reserve could be produced to the point of complete exhaustion without further authority from Congress. (3) Under the terms of the bill and the proposed contract, Navy would be able to launch on an unlimited program of exploration, prospecting, development, use, or operation without appropriations from Congress. These activities could be financed by Navy out of the proceeds of oil produced from the reserve. (4) Under the terms of the bill and the proposed contract, com- plete control of the naval petroleum reserves would be taken from Congress and placed in the hands of the executive branch of the Gov- ernment. In this connection it should be remembered that congres- sional restraint and not administrative acumen has in the past saved the reserves from the ruinous Teapot Dome and first Elk Hilll contracts. (5) The bill is unnecessary in the interests of conservation of the naval petroleum reserves because presently existing legislation con- 94266--44-No. 231-1 (1985)

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