SENSATIONAL CHARGE

Auckland Star, Volume LXXIII, Issue 127, 1 June 1942, Page 5

SENSATIONAL CHARGE

Standard Oil Accused Of Aiding Axis War Effort ATTORNEY'S ALLEGATIONS Rec. 2 p.m. WASHINGTON, May 31. The Assistant - Attorney - General, Mr. Thurman Arnold, made new and sensational charges against the Standard Oil Corporation in a statement submitted to the Senate Investigating Committee when he charged that Standard Oil had covered up and misled the Senate Committee regarding the "full marriage with German 1.G." Mr. Arnold specified that Standard Oil had not fulfilled its obligations to tell the Committee the truth about the cartel with the German industrial organisation I.G. Further, Standard Oil had not disclosed that it had deliberately attempted to frustrate the development of synthetic rubber for America and also had concealed its continuous relationship to German I.G. Standard Oil had also withheld from the committee that the AssistantSecretary of State only by threatening to black-list a Standard Oil subsidiary had succeeded in inducing Standard Oil to discontinue oil shipments to the Axis by air lines.

Furthermore, It was alleged that Standard Oil had denied before the Committte that it had ever licensed the Japanese to make gasoline by the process of hydrogenation, but had concealed that the Standard Oil 50 per cent-owned subsidiary had licensed Japanese manufacture, the chief ingredient of which was 100 per cent octane aviation gasoline. Simultaneously, Standard Oil by order of the German I.G. thwarted the programme of the United States Army for production of fuels which would have put America ahead of the rest of the world in performance of fighting equipment.