Time Clock, Sep. 26, 1955

ANTITRUST PROBE of General Motors will be made by West Virginia Democrat Harley Kilgore's Senate antitrust and monopoly subcommittee. Kilgore has no specific complaint against G.M., but will study it as a case history of big business.

PAKISTAN OIL DEAL will give Nelson Bunker Hunt, 29-year-old son of Texas Oilman H. L. Hunt, exclusive drilling rights in two 10,000-square-mile tracts. Hunt and Pakistan agreed to put a maximum of $42 million in exploration and development, of which Hunt will put up three-fourths, Pakistan onefourth.

COPPER SQUEEZE will be eased temporarily by diversion to industry...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!