Word: mccloy
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Dates: during 1970-1979
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...testimony before the McCloy committee, Dorsey maintained that he did not know of the fund or of the activities of its chief operative, Claude C. Wild Jr., Gulfs lobbyist in Washington...
After that, Dorsey instructed his employees to cooperate with further investigations of the slush fund. Unpleasant facts spilled out in an ugly torrent. According to the McCloy report, Gulf had slipped money to a host of prominent politicians over the years, starting with Lyndon Baines Johnson, who received $50,000 in 1961 when he was Vice President. Other alleged recipients included Oklahoma Senator Fred Harris, now a candidate for the Democratic presidential nomination; Senate Republican Leader Hugh Scott of Pennsylvania; New Mexico Republican Senator Edwin Mechem, now a federal judge; and Indiana Republican Representative Richard Roudebush, now chief...
...himself in 1966 and 1971 ordered payments totaling about $4 million to politicians in South Korea, where Gulf has sizable operations. The question of whether to pay was tricky, because the line was so fine between bribery on Gulfs part and extortion by the Koreans. Dorsey described for the McCloy committee a meeting with South Korean Politician S.K. Kim: "He dived straight into the matter and told me that we were doing exceedingly well out there, and that basically our continued prosperity depended on our coming up with a $10 million political contribution to the party." (Dorsey bargained him down...
Weighing the evidence, McCloy's committee decided that there was "no basis" on which to conclude that Dorsey knew about all of Gulf s unlawful political contributions. But the report added that Dorsey "perhaps chose to shut his eyes to what was going on. Had he been more alert to the problem, he was in a ready position to inquire about and put an end to it." To cover all this material took seven hours. The directors adjourned...
...Canadian subsidiary. There he gained a reputation as a skillful negotiator in a battle to work out a more favorable tax policy with the provincial and federal governments. What apparently clinched the job for him was his distance from Pittsburgh and the scandal. True, he was mentioned in the McCloy report in connection with $1.3 million in contributions to Canadian politicians-but those gifts were completely legal...