The myth of the indispensable man must be broken if our country is to survive.
HAROLDSON LAFAYETTE HUNT
The Panhandle State owes more to oil than it does to the Alamo. Texas didn't really come into its own until oil gushed forth from the swamps of Beaumont on January 10, 1901. Fed by more than 100,000 barrels a day from the Spindletop well,(1) a lake of oil formed which was soon consumed by fire. Spindletop set off a second Gold Rush. The area was overrun by prospectors, the oil field was plundered, and the price of oil fluctuated wildly. At first, Rockefeller ignored the Texas strike.
But after Standard Oil of New Jersey was broken up in 1911, Standard Oil of Indiana bought up Humble, thereby becoming the largest producer in Texas, while Socony took over Magnolia. By 1930, the American oil empire was controlled by 20 big companies which seemed destined for eternal prosperity. But on October 9, 1930, a stubborn prospector named "Dad" Joiner struck oil at 3,000 feet in East Texas. He had discovered the richest oil field in the United States. Forty miles long and 2 to 5 miles wide, its reserves have been estimated at one and a half billion tons. By the time Standard and the other big companies arrived on the scene, thousands of prospectors were drilling away on tens of thousands of rural and urban plots. It was the most ruinous waste in the history of oil, and just at the start of the Depression the bottom dropped out of the market.
Standard, Gulf, Texaco and Shell managed to regain control with the help of the federal government. Laws were voted by the states, concessions were closed down by force, and the Connally law on "black oil" put a stop to illegal production in East Texas. When the basin had been pumped dry, production quotas were established and order prevailed. Some independent producers managed to survive, but they were obliged to comply with the rules set by the Big Four, who tolerated them because their greater production costs enabled the larger companies to keep prices high and increase profits.
Thirty years later, in 1963, Texas accounted for half the proven oil reserves on American soil. With 95,000 active oil wells owned by 6,500 oil companies (of the 12,325 in the United States), it constituted a key position for the big corporations, for it controlled production in the neighboring states of Louisiana and Oklahoma (65% of the American total), and therefore prices.
Six companies control 80% of Texas oil production. Humble produces 15% and refines 30% of this total. These giants command not only the oil, but also the sulfur and natural gas markets, and consequently real estate, transportation facilities, power, water, and banks throughout the state.
Even without oil, Texas would be one of the richest states in the Union. One hundred times larger than Delaware, five times larger than New York, four times larger than Missouri, three times larger than Minnesota, twice as large as Montana, it covers 100,000 square miles more than the state of California, and each of its 254 counties is bigger than the state of Rhode Island. There are 227,000 ranches in Texas, and the King Ranch covers more territory than Switzerland. Texas raises 10 million head of cattle and provides one-quarter of the rice, one-third of the cotton, and half of all the synthetic rubber consumed in the United States. In 1963 the state had a population of 10,228,000, including one million Negroes and one million Wetbacks.
The Second World War turned Texas into an industrial state. Thanks to the Cold War, its industries expanded five times faster than those of the rest of the nation. This industrial expansion reached a climax in 1963, when General Dynamics of Fort Worth was awarded the TFX fighter plane contract. The fantastic development of smaller firms such as Texas Instruments is directly linked to the war in Vietnam.(2)
Texas offers these industries lower taxes, cheap labor (poor whites, Negroes and Wetbacks), restrictive labor legislation (the union shop is prohibited by state law), and its outstanding natural resources in oil, natural gas, and sulfur.(3) The federal government is one of the state's principal benefactors. Texas ranks second in the nation in terms of federal aid, with $3.9 billion in 1960-61, or 20.1% of the total state revenue.(4) The wealthiest of the wealthy states, Texas in 1960 had 53% more federal employees and received 65% more federal aid than the average American state.(5) Washington's favors touched every sector of the economy. Texas, with the most extensive highway system (constructed with federal funds) in the country,(6) received the largest amount of federal aid for paralyzed children, and the highest subsidies for flood prevention.
But not all the inhabitants of Texas share in this munificence. In 1963, the state of Texas spent only $282.46 per person on social welfare (education, health, hospitals, public welfare), as compared to the national average of $343.64 per inhabitant (a difference of 18%). In the field of education, Texas ranked third in the nation in terms of federal aid per inhabitant, and 31st in terms of expenditures. It ranked first in terms of federal aid for child welfare, and 44th in terms of expenditures. It was second in the nation in terms of federal aid for the aged, and 40th in terms of expenditures. Nor does Texas neglect only its people. In 1963 it received more federal aid for experimental agricultural stations than any other state in the union, but ranked 47th in terms of the amount spent on improvements in cattle breeding.
There is little indication that the people of Texas merit such favoritism. Their state is first in the nation in terms of murder and armed robbery, and second for rape. Texas is the realm of intolerance. It calls itself Democratic, but for the past 25 years it has elected Republicans or would-be Democrats. It claims to be progressive, but only 15% of its 2.5 million non- agricultural workers are unionized, and since 1954 a fine of $20,000 and 20 years in prison punishes membership in the Communist Party. In 1952, Governor Allan Shrivers even tried to obtain the death penalty for this "crime."
Texas sees nothing wrong with prescribing the death penalty for a political opinion, but it protects the right to commit homicide. It is the paradise of murder, and even of murder for thrills. The name "Texas" comes from the Indian "Tejas," meaning "Friendship," which is also the state motto. In 1879 Harper's Bazaar wrote, "In the past 12 years there have been 300 murders in Texas, and only 11 death sentences." Since then, Texans have done even better. In 1960 there were 1,080 murders in Texas, and 5 death sentences.
Moreover, Texas has its own definition of murder. Only 3 of the 254 counties in Texas require a coroner's examination in the case of sudden or suspicious death. The 251 others leave it to the Justice of the Peace(7) to determine the cause of death. A verdict of death due to natural causes has been known to coincide with the discovery of a bullet in the body of the deceased. The FBI estimates that the number of murders actually committed in Texas is several times the official figure. Between 5,000 and 10,000 deaths occur every year in Texas because of brutality, greed, or just because.(8)
One hundred and thirty-two counties in Texas are prohibitonist, another form of intolerance that satisfies the puritanism of its inhabitants and the interests of the business community. One out of every 12 Texans -- 800,000 in all -- is illiterate, the highest percentage in the nation. Texas delivers fewer high school diplomas than the poorest state in the union, Mississippi.(9) It ranks third in the nation in terms of the number of registered automobiles, but only 36th in terms of insurance coverage.
Backwards, intolerant, and irresponsible, Texas lifts its soul only towards God, if one is to judge from the number of its churches. There are more than 1,000 churches in Dallas alone. Waco (100,000 inhabitants} has 122, Midland (68,000 inhabitants} 82, and Tyler (50,000 inhabitants) 94.(10) Evangelist Billy Graham is popular in Texas, and playboys are frowned upon.
Texans never tire of looking at money. The center of attraction at the Dallas Petroleum Club is a long ebony table inlaid with coins from all over the world. The homes of Highland Park, University Park, and River Oak are decorated with Cezannes and Renoirs (many of them fakes), but they rarely contain books. Texans don't read, with the possible exception of the Sunday papers. Unlike other American cities, Texas cities don't have bookstores. There is a second-hand bookstore in Dallas, but it is in the suburbs. The other bookstores are run by the churches. On the other hand, Dallas has an opera, a Museum of Contemporary Art, and 700 garden clubs. Texans like flowers.
Texas has 1, 128 banks, more than any other state in the Union,(11) but despite its wealth, the total income of the inhabitants of Texas falls well below that of many other states.(12) An oligarchic state if there ever was one, Texas is nevertheless first in the nation in terms of the number of personal incomes exceeding $1 million a year. Four-fifths of these millionaires are oilmen.
In this state of nabobs and beggars, where whole regions are still without electricity and where hundreds of thousands of people sleep out of doors, corruption is an institution, professional witnesses are a dime a dozen, and if you dial a certain number you can hear a recorded anti-Semitic diatribe.
Such a privileged state has to have influence in Washington. It has had, since before Roosevelt. In 1947, Harry Truman modified the law providing for the succession to the Presidency in favor of Texan Sam Rayburn, making the House Majority Leader the third most important person in the country. Eisenhower, born in Tyler, Texas, faced a Congress led by House Majority Leader Rayburn, a Texan, and Senate majority Leader Lyndon Johnson, another Texan. But despite the special favors, all the federal aid, and the federal employees paid by Washington, the state treasury has often verged on bankruptcy. In 1959, Texas even paid its employees with rubber checks. Once again, the federal government was obliged to bailout the richest state in the union. In 1961, while it was still young and naive, the Kennedy Administration tried to enforce the payment of the federal tax on business transactions in Texas. No Texan could remember this law ever having been enforced. Texas, the state that fortune smiled upon, lay outside the frontiers of America. What did it want with the New Frontier?
Texas is a separate way of life. The oil industry controls the government, the politics, and the social life the state.(13) Its contribution to the economy is so important, and its influence so widespread, that it can make or break a project. The independent producers wield as much, if not more, power than the Presidents of the major oil companies, and because their fortunes are generally the result of personal success and their base of operations less far-flung, they are also more aggressive. They are thus far more vulnerable to any attack on the privileges of the oil industry, and in particular to any change in the laws that govern it.
It has been estimated that there are more than 500 millionaires living in Houston, and probably as many in Dallas. The income of the twenty richest independent oil producers put together would be enough to cover the state budget.
Texas, which doesn't know the meaning of income tax, has no more idea of what a constitution should be. The Texas Constitution dates back to 1876. Consequently, the state government has no power to deal with the abuses of its inhabitants. The state legislature meets only once every two years. Its members are paid $10 a day for a period of 120 days. If the session is prolonged beyond that limit, their pay is halved. As a result, most state congressmen are either lawyers representing their clients at Austin or students glad for a chance to make a little extra money. For that matter, poor students and teachers interested in politics are especially well regarded by the real proprietors of the state. The oilmen finance the studies of a certain number of gifted and deserving students, and if they are elected to the state legislature they are rewarded with land leases, stocks, and allowances enabling them to devote themselves to the service of their country. The oilmen have little difficulty in getting their candidates elected to office -- they control the press, radio and television. Their influence over the police and judicial authorities is such that only the most insignificant criminal and civil cases, and those in which they have no interests at stake, are ever bought to court.
One of the most eminent figures in Texas and the oil industry appeared one day in the Cokesbury Bookstore, a Methodist bookshop in Dallas, to autograph a book that he had published himself. This man rates only seven lines in Who's Who: "Haroldson Lafayette Hunt, oil producer; Vandalia, Ill.; ed. pub. Schs; m. Lynda Bunker (died May 7, 1955); married 2nd Ruth Ray Weight, December 1957. Oil producer, Hunt Oil Co. Established Facts Forum, a foundation producing radio and TV programs relating to nat. issues. Democrat. Address: 4009 W. Lawther Dr., Dallas."
Seven lines isn't much for a man who was, in 1963, and probably will be until he dies, the richest man in the world,(14) with a fortune conservatively estimated at $4 billion, When you get into those kind of figures, you are no longer talking about wealth, but about power.
The book that the richest man in the world had come to autograph was called Alpaca, undoubtedly after the llama-like South American ruminant of the same name so noted for its resistance Alpaca is Hunt's Bible. It describes a mythical new nation where income taxes are limited to 25%, and where every citizen is accorded a number of votes in direct proportion to his income-tax bracket.(15)
Hunt was accompanied by his second wife and his two stepdaughters, and the little girls -- Helen, 11, and Sewannee, 10 -- sang a little song:
How much is that book in the window? The one that says all the smart things. How much is that book in the window? I do hope to learn all it brings.Hunt is a hard man to figure out. Few journalists have even tried. The real personality of this Puritan who was 74 in 1963 lies hidden behind a few cautious descriptions:
How much is that book in the window? The one which my Popsy wrote. How much is that book in the window? You can buy it without signing a note.
Alpaca! Fifty cents!(16)
"As rich as Croesus, as shrewd as a riverboat gambler, as tight as a new pair of shoes . . ."
"He thinks communism started in this country when the government took over distribution of the mail . . ."
"If he had more flair and imagination, if he were not basically such a damned hick, he could be one of the most dangerous men in America."
For gifted psychologist Hugh Hefner, Hunt is "an irritating enigma." "No one, not even his own family, professes to understand him; no one, not even the partners he's made rich, seems to have any idea what drove him to amass his vast fortune; and no one, not even Hunt himself, seems able to explain just what he is trying to accomplish in the political arena."(17)
Hunt is the incarnation of Texas, but he was born into a prosperous family in Illinois. He left home a 15 with a pack on his back and worked for a time as a lumberjack. At 22, he took his inheritance of a few thousand dollars and set out for Arkansas, where in 1912 he bought plantation land that hadn't overflowed for 35 years. That year and the next, it overflowed. The following year World War I broke out and the price of cotton dropped to 5 cents a pound. Hunt was ruined.
1918 brought a big land boom, and Hunt sold his plantation and bought more land. Three years later, he headed for an oil strike in El Dorado, Arkansas and began trading in leases. He drilled a few wells in the West Smackover fields and soon owned a hundred wells in Louisiana, Arkansas, and Oklahoma. In 1930 he went to East Texas and bought the famous Dad Joiner well, the Number One Daisy Bradford, which the big oil companies had disregarded. Before the Second World War, Hunt had made his first billion, mostly in oil, and re-invested it not only in oil and natural gas, but also in a multitude of other undertakings integrated vertically or horizontally, or completely diversified.
Hunt is the nation's biggest farmer. His business interests cover five continents and run from drugs to real estate, cotton, cattle, and timber. It has been estimated that "the Hunt assets are equal to those of such corporate complexes as General Electric."(18) Hunt owns and controls companies the names of which have never been associated with his.(19) His name does not appear on the list of the 500 largest international corporations, although he is probably among the top five. The Hunt Oil Company (incorporated in Delaware in 1934) owns producing properties in Texas, Louisiana, North Dakota, and 9 more states, as well as undeveloped acreage in 18 other states, including Alaska. Hunt is behind a multitude of independent oil companies such as Placid Oil, the Hunt Petroleum Corp., and Placid International Oil, Ltd. (incorporated in 1958 in Delaware), with offices and activities in Australia, the Netherlands, Lebanon, England, and 17 other countries.
Haroldson Lafayette Hunt has neither stockholders nor board of directors. He owns 85 to 90% of the shares in all of his companies.(20) (His family owns the rest.) This 200 lb. six-footer is a latecomer to politics. Until he was 60, he occupied himself with drilling his wells and building his empire. He likes to describe himself as "a registered Democrat who often votes Republican." The last President of whom he approved was Calvin Coolidge. He calls Franklin D. Roosevelt "the first President to institute the struggle of class against class." Roosevelt also recognized the Soviet Union, thus bearing, in his view, the responsibility for "the surrender of hundreds of millions of people into Communist domination." He violently attacks the "myth of the indispensable man" created by Franklin D. Roosevelt and reclaimed by Kennedy. "This myth must be broken if our country is to survive," he has been quoted as saying. For him, the principal arms of the "Indispensable Man" of the Sixties were "Communism" and "taxes." Communism and taxes, it must be said, are the keys to the mind and activities of Haroldson Lafayette Hunt.
"The United States have been in charge of the world since World War Two, during which time the Communists have taken into domination one third of the world's population.
"Communist activities in the United States are criminal and can be spoken of along with other criminal offenses."
"All services to the public should be abolished in favor of personal enterprise where they can be more efficiently and economically performed."
Hunt condemns the "strange persons with a twisted education who would prefer to be defeated." He also attacks federal welfare programs for "harming the general public and giving some persons and groups an advantage over others." He dismisses Social Security as "thousands of frivolous projects." He declares, "People who have wealth should use it wisely, in a way that will do society the most good. They should be careful that in making supposedly charitable gifts, their money will not be used to destroy or impair the American system and promote atheism."
For Hunt, Kennedy's assault on the tax privileges enjoyed by the oil industry were "criminal offenses" against "the American system. Depletion allowances are necessary for irreplaceable resources. The increased net income for the Government from their elimination would finance the Government 3 or 4 days per year . . ." he declares, adding, "We are losing the right to keep a fair share of the money we earn and a fair share of the profits we make."
Hunt's letterhead describes him as an "operator."(21) He considers himself one of the best poker players in the country , and he probably is. He has always placed his reliance on competent technicians. His personal bodyguard is made up of former FBI agents. Years ago he acquired the habit of acting through intermediaries. He has his own intelligence network, and his decisions are carried out by a powerful general staff. His business interests are so extensive that he subsidizes (along with other important oilmen) most of the influential men in Congress, men like Lyndon Johnson. Hunt was one of the financial backers of Senator Joseph McCarthy, whose deputy Roy Cohn attracted his attention and has since worked for him on several occasions.
Hunt is the most powerful American propagandist of the Far Right. In 1951 he financed "Facts Forum," a series of radio and television programs which was later replaced by "Life Line," a one-sided series of 15-minute radio broadcasts carried daily on 409 stations throughout the country. His propaganda campaign costs him $2 million a year and is financed by companies that he owns, or on which he is in a position to exert pressure.(22)
Hunt's brand of anti-Communism has found support in the military camp. In 1952, Hunt supported the "MacArthur for President" campaign, and he has called MacArthur "truly the man of this century." He was also impressed by the MacArthur-trained group of strategists.(23) He once declared, "We should do whatever our generals advise us to do." Beginning in 1952, several influential military men, flattered by Hunt's attention and conscious of his power, acquired the habit of consulting and confiding in him. Thus General George C. Kenney (born in 1889), former Commanding General of the Strategic Air Command, who retired from the Air Force in 1951, told him of his personal plan for knocking out Russia's nuclear capacity, based on the strategy of a preventive strike. General Albert C. Wedemeyer (born in 1897), author of the "Wedemeyer Reports" and an active member of the John Birch Society,(24) retired from the Army in 1951,(25) and Admiral James Van Fleet (born in 1892 and retired from the Navy in 1953)(26) were among the specialists consulted by Hunt, who shared their passion for strategy and extermination. The advent of Kennedy and McNamara created a stir among the military, and there were many retirements and dismissals.
The leader of this warrior clan was General Edwin A. Walker (born in 1909), a Texan who returned to Dallas after leaving the Army and contacted H. L. Hunt. Then, with the support of the John Birchers,(27) the Minutemen, and several of his former subordinates in the US forces in Germany, he launched an extremist and militarist campaign. Robert A. Surrey, Walker's "associate," had the financial backing of Hunt's companies. In 1962 ex-General Walker ran for Governor of Texas but was defeated by John Connally, whereupon he plunged headlong into a campaign of politico-economic action. By the winter of 1962-63, plans were being made for a preventive strike.
Hunt is the Big Man in Texas, the Giant, the richest and the stingiest,(28) the most powerful and the most solitary of the oilmen. He has always shied away from the other Texas and Louisiana oil producers, men like Michel Halbouty, Ray Hubbard, R. E. Smith, Algur H. Meadows, J ake Hamon, Kay Kimbell, O. C. Harper, C. V. Lyman, J. P. Gibbins, Ted Wiener, Thomas W. Blake, John W. Mecom, Billy Byars and Morgan Davis, but they have interests in common. Only the solidarity of the oil industry and, in some cases, fear kept certain habitues of the Fort Worth Petroleum Club, the Bayou and International Clubs in Houston, the Club Imperial, the Cipango Club and the Public Affairs Luncheon Club of Dallas from talking in the months and weeks preceding November 22. Instead, they let matters take their course.
The opinions and the aversions of obstinate old men often lead to excesses. Embittered puritan potentates frightened to see their lives drawing to an end are an even greater danger. Representatives Bruce Alger and Joe Pool stopped up their ears. In the streets of Texas, "Knock Out the Kennedys" stickers were already appearing on bumpers and windshields. Hunt liked to say, "It is through weakness -- not strength -- that we lose esteem in the world."
At 12:23 on November 22, from his office on the 7th floor of the Mercantile Building, Haroldson Lafayette Hunt watched John Kennedy ride towards Dealey Plaza, where fate awaited him at 12:30. A few minutes later, escorted by six men in two cars, Hunt left the center of Dallas without even stopping by his house.
At that very moment; General Walker was in a plane between New Orleans and Shreveport. He joined Mr. Hunt in one of his secret hideaways across the Mexican border. There they remained for a month, protected by personal guards, under the impassive eyes of the FBI. It was not until Christmas that Hunt, Walker and their party returned to Dallas.
In February, 1964, Elgin E. Crull, Dallas City Manager, declared, "The vast majority of people in Dallas were affected by the murder of the President as they would have been by a sudden, violent death in their own family." But he added, "When life resumed its regular rhythm, there was general agreement that the actions of two maverick gunmen -- the alleged assassin and his slayer -- would not impede the dynamic growth of Big D."
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1. Discovered by the Dalmatian engineer Luchich. His associates Galey and Guffey eased him out and formed a partnership with the richest man in Western Pennsylvania, Andrew W. Mellon. Other petroleum properties near Spindletop were ceded to certain Texas politicians in exchange for their support, in particular to former Governor Jim Hogg. This concession gave birth to the Texas Company. Spindletop was also the birthplace of American Shell. After a time, Andrew Mellon eased out Guffey and reorganized his company under the name of Gulf Oil.
2. WASHINGTON, Jan. 9, 1968 (UPI) -- President Johnson's home state of Texas, which only a few years ago ranked seventh among states getting prime defense contracts, now has nosed out New York for no. 2 spot, Pentagon showed today.
California still holds along lead in first place, but its percentage of total contract awards during the fiscal year that ended last June 30 has now slipped to 17.9. Texas got 9.5 percent of the contracts and New York 8.7 percent.
During fiscal 1966, the percentages were: California 18.3, New York 8.9, and Texas 7.2. And as recently as 1962, the percentages for the three were: California 23.9, New York 10.7, and Texas 4.0, with Massachusetts, Connecticut, New Jersey and Ohio ahead of Texas that year.
But Texas has moved up steadily since Mr. Johnson moved into the White House, thanks in large part to the controversial F-111 fighter-bomber (formerly the TFX).
Nearly a third of the contracts Texas received during fiscal 1967 -- just under $1.2 billion worth -- were for the F-111, which is being produced by General Dynamics Corp. at Fort Worth.
3. Texas is the fifth state in the nation in terms of population (after New York, California, Pennsylvania, and Illinois), but it is by far the richest in terms of natural resources. In 1963, the mineral production of Texas totaled $4,413,084,000.
Texas accounts for 35% of the crude oil and 42% of the natural gas produced in the United States. Louisiana, whose petroleum resources are exploited in large part by companies based in Texas, produced $2,662,061,000 worth of mineral products. The combined oil production of Texas and Louisiana equals 35% of the national total.
4. This percentage was only 12.7% for the state of New York, and 10. I% for the state of Illinois, despite their poorer natural resources.
5. Texas (10,228,000 inhabitants and a revenue of $21,451 billion in 1963) had in 1964 121,376 federal employees, 24 times more than the state of Wyoming (339,000 inhabitants and a revenue of $834 million, and 5,175 federal employees), and 17 times more than the state of Nevada (389,000 inhabitants, $1,246 million in revenue, and 7,039 federal employees). Ohio, with a population and revenue comparable to Texas (10,000,000 inhabitants and $25,164 billion) had only 88,785 federal employees. As for Delaware (480,000 inhabitants), it had only 3,624 federal employees, more than 40 times fewer than Texas, for there is a certain minimum of personnel required by any administrative infrastructure.
Statistics concerning the increase in federal employees per state since 1939 provide a further illustration of the favoritism shown the state of Texas:
|1960:||112,647 (increase of 380%)|
|1960:||4,695 (increase of 140%)|
|1960:||5,842 (increase of 190%)|
|1960:||179,784 (increase of 190%)|
7. In Texas, the Justice of the Peace is an elected magistrate, and not, as in the East, a minor functionary.
8. In the city of Dallas alone, there were 120 "official" murders in 1960, and 810 "accidents."
9. Texas ranks 39th in the nation in terms of the amount spent on education.
High school graduates in 1963: Texas -- 0.8% ; Mississippi -- 1%
High school students in 1964: Texas -- 6% ; Mississippi -- 10%
10. The population of Texas is 80% Protestant, 19% Catholic, and 1% Jewish.
11. The state of Illinois has 1,030 banks, New York 479, and California 200.
|Incomes||Texas ranks in the nation|
|less than $2,000||13th|
|$2,000 to $3,000||17th|
|$3,000 to $4,000||17th|
|$4,000 to $5,000||30th|
|$5,000 to $6,000||38th|
|$6,000 to $7,000||34th|
|$7,000 to $9,000||33rd|
|$10,000 and over||30th|
14. Contrary to the statistics published by Fortune in March 1968, which place John Paul Getty and Howard Hughes at the top of the list.
15. Hunt has written three other books of the same type: Fabians Fight Freedom, Why Not Speak? and Hunt for Truth. He also writes a daily and weekly newspaper column.
16. Bainbridge, The Super-Americans.
17. Playboy, 1966.
18. The assets of General Electric, the fourth largest American corporation, equaled $4,851, 718,000 in 1966, or one-third of the assets of Standard Oil of New Jersey, the largest corporation in the world, more than Standard Oil of California, and half again as much as American Shell or Standard of Indiana.
19. The man who is probably the richest oil producer after Hunt, Roy Cullen of Quintana Petroleum, has only about a million dollars.
20. The Dallas headquarters of Placid Oil are located at 2500 First National Bank Building. H. L. H. Products are located at 700 Mercantile Bank Building, but most of Hunt's businesses are grouped at 1401 Elm Street: Hunt Oil Co., Hunt Petroleum Corp., Hunt Caroline Trust Estate, Hunt H. L., Hunt H. L. Jr., Hunt Hassie Trust, Hunt International Petroleum Company, Hunt Lamar, Hunt Lamar Trust Estate, Hunt Margaret Trust Estate, Hunt N. B., Hunt Nelson Bunker, Hunt W. H., Hunt William Herbert Trust Estate, etc.
21. Described by the Internal Revenue Service as a person "who holds the management and exploitation rights and is responsible for production costs."
22. Not only the Placid Oil Corp. of Shreveport, but Baker Oil Tools (Dallas and California), the Harry W. Bass Drilling Co. (Dallas), the Empire Drilling Co. (Dallas), the Mid-Continent Supply Co., United Tools, the Hudson Engineering- Corp., the Nation and Geophysical Co., the New Seven Falls Co., and the First City National Bank of Dallas.
23. Which included former Generals like Courtney Whitney and Bonner Fellows, and also certain of their disciples, such as the brilliant Lawrence Bunker.
24. Texas had as many as ten John Birch Society chapters, mainly in Dallas and Houston.
25. Commander of the China Theater (1944-46), Chief of Staff of Generalissimo Chiang Kai Shek, then Deputy Chief of Staff for Plans and Combat Operations (1947-48).
26. Commander of the US Naval Forces in Korea (1948-50).
27. Of which he, like General Wedemeyer, was a member.
28. Hunt lives modestly, buys ready-made suits, drives his own standard-make cars, dislikes private planes, cuts his own hair, and carries his lunch to work in a brown paper bag.
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