The world's biggest scientific group is the American Chemical Society, a polyglot organization of over 36,000. Its scientific cross section embraces professors, industrial chemists, $1,200-a-year research assistantschemists high & low. Last week, in Manhattan for their annual convention, they were dazed by an unexpected gift. It amounted to $1,000,000 a year.
Santa Claus consisted of a group of eight major oil companies,* who offered to turn over to the Society, lock, stock & barrel, the rich Universal Oil Products Corp. Universal is a research firm which holds patents on oil processes that yield...
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