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...
To continue reading:
or
Log-In