Business & Finance: Strife at Houston

The responsibilities of managing American Petroleum Institute have fallen not upon the well-known men who have occupied its presidency but upon William

Rufus Boyd Jr.. executive vice president. Last year A. P. I. members decided they wanted a president who would be more than a shirt front. They elected Amos Leonidas Beaty and decided to depart from tradition, pay him a salary (reported at $50,000). Many members were against the salary. Others felt that 62-year-old Mr. Beaty, whose friends call him "Judge," was not giving the A. P. I. its money's worth. When the...

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