Show I I I I I I SENA IE TO P ASS ASSOIL OIL BILL TODAY t. t Enactment of Land Leasin Leasing 1 ai Measure Victory for Senator Smoot I I i Herald Aug 57 ij The rho oil lan land hand leasing bill hill will be bc bc pas ed before eforo tomorrows tomorrow's adjourn un y yI I It la is Is predicted by Senate l le I This bill Is a a. signal victory for tor Senator Sen Ss Seiji ator Smoot J Its purpose passa passage e of or as explained tJ I by bo Senator moot Smoot is to secure Ji Jb creased production of or oil upon fair to the government go and which iril give o i the public through the government govern ment reasonable return f fIn In Senator Smoot says sas the we law will ivill bring about reduction ra 51 prices of all oils I Good sound business principle ha have hate been a applied In er c every cry phase of of I this bill said Senator Smoot ii a aThe The Time government maintains W liS rl rights and amid encourages cs investors ac aw speculators peculator to go Into the oil oH budness bud busi business ness as mis partners with the people J L Senators both Republicans and amid Dt the bill as one 6 the mo most t con constructs constructive c c pieces of leg les ii si tion offered since the armistice t. t U Senator Smoot as chairman ot of the ine be public lublic lands hands committee ha has l had a l fill charge of the bill an and led hod the fI o in Its bt e th time the floor of the Senate hinl half |