When he was named chairman of the Civil Aeronautics Board, slightly more than two years ago, easygoing, friendly Joseph J. O'Connell Jr. explained candidly why he took the job: "I was flattered by the President's request and couldn't find any good reason for saying no."

But last month, unable to find any good reason for serving out his six-year appointment, Joe O'Connell offered to resign. Washington heard that he couldn't see eye to eye with the White House on the proposed sale of American Overseas Airlines to Pan American World Airways. Last week Harry Truman sent him a brief, cool...

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