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IMMEDIATE RELEASE MARCH 6, 1952 The President has today sent the following letter to Honorable Nathan P. Feinsinger, Chairman of the Wage Stabilization Board: Dear Mr. Feinsinger: On the basis of the information and advice submitted to me by the Office of Defense Mobilization and the Federal Mediation and Conciliation Service, I am of the opinion that the labor dis- putes in the petroleum industry are of a character which substan- tially threaten the progress of national defense. Thus, in accordance with the terms of Executive Order 10233, I am referring the disputes to the Wage Stabilization Board and asking that the Board investigate and in uire into the issues in dispute and promptly report to me with its recommendations to the parties as to fair and equitable terms of settlement. The report of the Federal Mediation and Conciliation Service indicates that the unions and the leading oil companies have made no progress in resolving their differences. Strikes in various parts of the industry are scheduled for Monday, March 10, and the shutting down of some operations would begin on or about Friday, March 7. It appears that further mediation and conciliation would not be effective in time to avoid serious production losses. The work stoppage which is threatened by these disputes would close down the greater part of the petroleum industry. The various unions involved in these disputes -- the Oil Workers International Union (CIO), various Independent unions, and certain local unions affiliated with the A. F. of L. -- have contracts throughout the industry. I shall forward to you as soon as possible a list of the various companies involved in these disputes at the present time. The list will include but not be limited to the following companies: Cities Service Oil Corporation TRUMAN Deep Rock Oil Corporation "NATIONAL Gulf Oil Corporation ARCHIVES & Shell Oil Company RECORDS ADMIN. Sinclair Oil Corporation S GOVERNM Socony Vacuum Oil Company Standard Oil Company (Indiana) Texas Oil Company A curtailment of operations in the petroleum industry would have a serious impact on the defense program as well as on the civilian economy. The Director of the Office of Defense Mobili- zation has advised me on the extent to which the mobilization program would be affected by interruption of production in this vital industry. The various parties to these disputes owe it to the American people to cooperate with their Government in maintaining work and production schedules while this matter is before the Board. Very sincerely yours, HARRY S. TRUMAN

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    "ocrText": "IMMEDIATE RELEASE\nMARCH 6, 1952\nThe President has today sent the following letter to Honorable\nNathan P. Feinsinger, Chairman of the Wage Stabilization Board:\nDear Mr. Feinsinger:\nOn the basis of the information and advice submitted to me\nby the Office of Defense Mobilization and the Federal Mediation\nand Conciliation Service, I am of the opinion that the labor dis-\nputes in the petroleum industry are of a character which substan-\ntially threaten the progress of national defense. Thus, in\naccordance with the terms of Executive Order 10233, I am referring\nthe disputes to the Wage Stabilization Board and asking that the\nBoard investigate and in uire into the issues in dispute and\npromptly report to me with its recommendations to the parties as\nto fair and equitable terms of settlement.\nThe report of the Federal Mediation and Conciliation Service\nindicates that the unions and the leading oil companies have made\nno progress in resolving their differences. Strikes in various\nparts of the industry are scheduled for Monday, March 10, and the\nshutting down of some operations would begin on or about Friday,\nMarch 7. It appears that further mediation and conciliation\nwould not be effective in time to avoid serious production losses.\nThe work stoppage which is threatened by these disputes would\nclose down the greater part of the petroleum industry.\nThe various unions involved in these disputes -- the Oil\nWorkers International Union (CIO), various Independent unions,\nand certain local unions affiliated with the A. F. of L. -- have\ncontracts throughout the industry. I shall forward to you as\nsoon as possible a list of the various companies involved in\nthese disputes at the present time. The list will include but\nnot be limited to the following companies:\nCities Service Oil Corporation\nTRUMAN\nDeep Rock Oil Corporation\n\"NATIONAL\nGulf Oil Corporation\nARCHIVES &\nShell Oil Company\nRECORDS\nADMIN.\nSinclair Oil Corporation\nS\nGOVERNM\nSocony Vacuum Oil Company\nStandard Oil Company (Indiana)\nTexas Oil Company\nA curtailment of operations in the petroleum industry would\nhave a serious impact on the defense program as well as on the\ncivilian economy. The Director of the Office of Defense Mobili-\nzation has advised me on the extent to which the mobilization\nprogram would be affected by interruption of production in this\nvital industry.\nThe various parties to these disputes owe it to the American\npeople to cooperate with their Government in maintaining work and\nproduction schedules while this matter is before the Board.\nVery sincerely yours,\nHARRY S. TRUMAN"
}