$8,000,000 SHIPBUILDING 'KISS OFF' CALLED POSSIBLE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP75-00149R000600090016-3
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
November 16, 2016
Document Release Date: 
March 17, 1999
Sequence Number: 
16
Case Number: 
Publication Date: 
June 20, 1958
Content Type: 
NSPR
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PDF icon CIA-RDP75-00149R000600090016-3.pdf112.64 KB
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BALTIMORE St JON 2 0 195 Approved For Release 2000/05/24: CIA-RDP75-00149R0 -11 `Kiss Off' C . i.led Possible! r 7`'?;,60O,OOO ,,hipl)uilding Ry HPLBN'Ua1.1tH (bfaru(me Editor of I he Stint Washington; ,tune 19 -Aris- totle S. Onassis,.Greek shipping magnate, today said he could have "kissed off" an $8,040,000 payment to the United States Government and been under no ohligation thereafter to build any ships for the American flag. However, the naturalized Ar- gentine. citizen, who enthralled 'a crowdede -hearing room wilh his flowery phrases as ho talked about his business transactions that have grossed him,hunds?Cds of millions of dollars said the Maritime Administration and an official of his own company said then wanted to build the ships, so Onassis went along with theft. - ' Testified Standing ' During the entire 2i.*2 hours that the short rather stocky in- terhatlonal millionaire who op- erates his empire from 'big head- quartcria In Monte Carig tfstt fled before a subcommittee of the House Merchant Marine and Fisheries Committee, he stood .up with lug hands on the back of I chair or gesticulating freely. After relating the number of American seampn he had kept employed on the thirteen ships in questti(.n-I,000' m'n for 10 . Nears-and on Others,' he drolly Istated: -"If .1 had done ituit In Filg- land or Arty placer lit, I would have bean knlgh iitk. In tile Jnited States ram Indicted.'" The abips in Ntles with 51 per cent United States citizenship ownership, Mr. Onu- sis replied: "That. is an interesting story. err.,, will he surnrised at the answor. We consulted with law' y k i s n g 375 lawyers firms totalin their partnerships and ? mem-1 1 ; . bcrships," r. 1 ' P' Names Given ! 4 They?are 'Bing ti-iilt at Chet Bethlehem ;4nl.t' 1 ompsn' f-t ip N itrd in Qi',I '; - 'Mass., in behalf of a trus'i rAir) ,i;hn,cnt for his Amerie'iti Nr t ?hlldien olio he said too y ft ahroal The fN,'I it contr9 s7oE.,oli'1?r' i,trMii~li4~ixttia Irlnrtkn (D.. lie cited the.namea, Including "Mr. George Lord, who is the f ~:s highest authority on adm'iraity bert Brownell. lr., former attor- ney general of the United States who was In the Federal Govern- ment office at the time Onasris was Indicted, is a member of the firm of Lord. Day and Lord. Mr. Onassis added that he had ?ald "fancy fees" for the 5(1- 'which led him to being in- i v ce dicted later. lie also added that ne felt that he could have fouga ' the United. States'Covrrnmen) hi{i f th e a on,the entire Issue o sales and won over a period yil years, but he wanted to "psy4 the ransom and become a fref . man ' His "ransom" was. $7,0U0.0 0i, in tines and the L'on-struction oft k vessels under American flag. did I whether his Arizona {Loci[ Waa;f,s - n ttimaeif- -ICPYRGHT Approved For Release 2000/05/24: CIA-RDP75-00149R000600090016-3