Time Clock, Jan. 7, 1957

U.S. POWER POLICY is undergoing full-dress review by Administration. It is considering more public power for Pacific Northwest, where Republican senatorial candidates lost to public power proponents. Under debate: federal construction of two huge, multipurpose dams (for power, flood control, irrigation, etc.) on Columbia and Snake River sites now earmarked for private development of smaller, power-only dams.

AMERICAN PETROFINA, U.S. subsidiary of Belgium's biggest oil company, is buying heavily into Southwest oil industry, will pay $34 million for Dallas' American Liberty Oil Co. Coming on top of Petrofina's recent purchase of...

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