Four years ago, when many American businessmen were bewildered by the Kennedy Administration's bristling rebuke of U.S. Steel, Mobil Oil Corp. Chairman Albert Lindsay Nickerson took Washington to task. He warned stockholders of the "cumulative, undermining effects" of such attacks on large corporations, protested that too often the Government's response to the legitimate needs of business had been "halfhearted, apologetic, and even occasionally antipathetic."
Now Nickerson can take an even more proprietary interest in the problem of federal-business relationships. Last week he was elected to a two-year term as chairman of the prestigious Business Council,* succeeding Campbell Soup President William B....