Word: texans
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...University of Texas swims in a $240,000,000 endowment fund, a respectable sum which will grow so long as the University's oil and natural gas holdings are profitable. When the University's student paper, The Daily Texan, ran editorials early this month decrying the Fulbright-Harris bill as a giveaway to oil and gas interests, the Texas Board of Regents was upset...
...Regents, on the other hand, cited a law which forbids the usage of state funds to influence election or legislation. The Daily Texan, they noted, received state funds...
Soothing Words. Texan Johnson was himself in the forefront of those who supported the bill, which would relieve gas producers from the federal rate controls now imposed on them. But, foreseeing the consequences of party split in an election year, Johnson urged the extreme partisans on both sides to discuss the issue on its merits, avoiding all forms of invective and recrimination. Several times on the Senate floor, when Illinois' Paul Douglas became excited in his attacks on the bill, Johnson strolled over, threw an arm around Douglas' shoulders and whispered soothing words of party unity...
...likely to ease the strain on many congressional hearts-including the majority leader's. Passed by the House in the final hours of the last session and lying there ready to tear the Senate apart is a bill to exempt natural-gas producers from fed eral regulation. Texan Johnson and Demo crats from other gas-producing states are hot for the bill; big-city Democrats, e.g., Illinois' Paul Douglas and Minnesota's Hubert Humphrey, are dead set against it (they want federal controls to hold prices down). Republicans are also divided on the issue...
...American trackmen teamed up with their New Zealand rivals in Auckland to set a spate of records. Californian Parry O'Brien put the shot 58 ft. 4 in., and heaved the discus 159 ft. 3 in., for New Zealand marks. Helped by a following wind, Texan Bobby Morrow ran off a world-record-tying loo-yd. dash (09.3 sec.). New Zealander Murray Halberg also contributed a local record with an impressive 4:02.2 mile ¶Proving just how far professional football had progressed as a crowd pleaser, President Jack Mara of the New York Giants calmly turned down...