The gamecock. (Columbia, S.C.) 1908-2006, October 03, 1983, Page 4, Image 4
Oil magnate more
By Chris Handal
In his conversations, he casually mentions that on his birtl
day he received a telegram from Soviet leader Yuri Andropov
He also talks about hunting with the leaders of Hungax
and Bulgaria and how he helped found an international co
lege at the suggestion of Prince Charles.
He is Armand Hammer, chairman of the board of Occidei
tal Petroleum, one of the most powerful and pioneering coi
porations in the world.
AT USC yesterday to receive an honorary degree, Hammei
85, is much more than a chairman of the board.
He said he has known every president since Herbei
Hoover, and he struck business deals with Lenin soon after th
Russian Revolution that brought the communists to power.
While on campus, Hammer talked about international rela
tions and the effect the Korean airliner incident will have o
East-West relations
Relations have been set back, but not permanently so, h
said. "I think relations were already at a low level ? th
lowest level I've seen them," he said, in the 60 or so years h
has worked with both countries.
"1 WA? h
a TTimu Iivpviui ttv VUUiU 5VI CI 111V* V* 111UCL WCCI1 JT I CMUCI1
(Ronald) Reagan and President Andropov," Hammer said
"but I think this has killed any chance of a summit meeting.'
Before Soviet leader Leonid Brezhnev's death, he had beei
trying to arrange a summit with Reagan, Hammer said. "I di<
my best to get Mr. Brezhnev and Mr. Reagan together."
Hammer described Brezhnev as a warm-hearted and emo
tional man, and said he thought the two world leaders woul<
have gotten along well.
The summit never took place because "I think Presiden
Reagan felt there was no point in a meeting unless somethinj
concrete could be accomplished by the meeting.
"PERHAPS PRESIDENT Reagan felt a summit would b<
better at a later date."
Hammer said he admired Reagan and thought the presiden
was doing a good job. "He's against a nuclear war. I don't se<
how anybody could be in favor of nuclear war."
When nuclear capabilities are discussed, people often men
tion how many times our nuclear weapons could destroy the
USSR or how many times theirs could destroy the Unitec
States, he said.
* 4 Pllt tl/h A ujotifr Kn * * I*.?
"III/ IT Ci l L o IV/ uv, UCJUU^CU UIILC IIC 5U1U.
- jSHBHBefflSHaHBHSSHSM
The GAMECOCK la Ikt itadcil newt- f.j
paper of I Ik University of South Carolina h
and It published three time* a week on f j
Mondays, Wednesdays and Fridays dur- I
tag the fail and spring semecters and g JS^K|
weekly on Wednesdays daring both sum- I 'V VVH AgH F J
ler sessions, with (be exception of unl- I I I M |' ' ;
versity holidays and examination periods. H
Opinions expressed in the GAME- I
COCK are tho* off Ibef?U(or>^and not I ReViCW matefialS
those of (be University of Sonth Carolina.
I~he University of Sonlh Carolina Is an H PraftiPD toctc it
equal opportunity institution. I nidUllUt? II
The Board of Student Publications and | ? LI/\nn/\ nil i/J.^
Communications Is the publisher of the I * ll-JI IIC OlUUy Ilia
GAMECOCK. The Student Media I>e- I
cArt^ci:^ep"^fB,orf",M,'ono^,',* I October 8 & 9
Ckaige of address forms, subscription H i iqp Pomm 10
requests and other correspondence should I UOO waiTipUS
be sent to the GAMECOCK, Drawer A, r i
University of South Carolina, Columbia, I Of f PfPfl
S.C. 29208. I
Subscription rates are $15.00 for (1) I USC Continuing
year, $4.00 per fall or spring semester and 9
S3.00 for both summer sessions. Third jd ii ~r~7~~f OCOf
class postage paid at Columbia, S.C. I ( f i tOOi
The "Gamecock" is a licensed student I
organization of the University of South I
Carolina and receives funding from stu- I
dent activity fees. ?- j
Hion's^eau
JXegtaurant
I" 741 Saluda Ave. 5 Points
799-6303
STUDENT SPECIAL <fcQ QK
| EVERY MONDAY NIGHT
8oz. Sirloin
Salad Bar or Soup
I Rice Pilaf or Baked Potato
Fresh Bread
Reservations Required
Student or Faculty ID Required
COUNSELING AND HUMAN
DEVELOPMENT CENTER
"The Counseling Service
t j for USC students'*
li * COUNSELING ACADEMIC
|! -Individual ACHIEVEMENT
I INTERPERSONAL EFFECTIVE
I SOCIAL CONCERNS READING
j PENDLETON BUILDING
| I 1321 Pendleton Street
1 777-5223
I Confidential Assistance
than chairman of t
' I WEiSfSipF
' S^ENU^BHsl
r" HlKSlft- jiR^IM^ro
L' :TVr^~^~.'v "~~ . ''vai'^M'^ v" . ~"'.T ~-:.V;C"-^F-^z'z^ir^^rriS^-Tr-czr^r.-z:^1.':fx~k~?: ?r. 3
jjfj
5^k HL '^9H. ^F?Bfc ]
191 J^Hp v jHsak^' MF^Kf^i---:!^'-^
- Armand Hammer ??.?,? -l a*.
1 "Russians are paranoid we are going to invade Russia."
t HE SAID he didn't think either side would use their nuclear
I weapons, citing World War II as an analogy. "I recall during
the war with Hitler both sides had poison gas but neither side
used them.
i "I think the Russians are paranoid we're going to invade
Russia...They think we are preparing for a nuclear war," he
t said. He said he saw this as the reason for the Soviet Union's
i large military.
The best U.S. response to this is patience, Hammer said. "I
think time is on our side. Socialism doesn't work...I think as
; their standard of living improves, especially for younger peoI
pie, socialism will change.
"As soon as Andropov feels strong enough in his position"
he will institute some reforms.
Preparation ffcailJSvT
Program jmm
based on recent exams 920 S Main
!er!afsS ?Pen am
9 a.m. - 5 p.m. I JOIN US 1
$95 Tuition I I HAPPY I
through the 1 1 with Bud Dr
g Education Division [ |
^oMrvfc^
H "j tet us get yoi
quality bind
i v >10 ' v. . .v.'. i ?
hp hnarri
HAMMER'S KNOWLEDGE of the Soviet Union dates
back to its early days. After graduating from medical school in
1921, he heard about epidemics in Russia.
He bought a surplus World War I field hospital and an ambulance,
and headed for the Soviet Union. When he was there,
he discovered the main problem was not disease but hunger.
He proposed a trade of furs and caviar for American grain,
bringing him to the attention of Lenin and beginning Hammer's
long association with the Soviet Union.
Hammer became a trade representative for 38 American
companies, including the Ford Motor Company.
IT WAS not until 1932 that Hammer returned to the United
Hiri not hemmp involved in Orpi^Anfol D-*?i
? --- ?i vuuicum
until the mid-1950s.
Ironically Occidental, which was partly responsible for the
formation of OPEC, is now involved in a project that will
weaken the power of the oil cartel.
When Libya was asking for an increase in oil prices, it was
Hammer's Occidental Petroleum that broke the united front
of the oil companies and came to terms with the government.
"The only solution (to the high price of oil) is synthetic oil,
and I'm proud to say my company's been a pioneer in the
field.
"TWO AND a half times the world's reserves (in oil) are
locked up in shale."
To help with the project, Hammer said his company has
recently received a grant from the federal government. In five
or six years, he said, shale oil could be in full production.
"Then we will be able to compete with the importers and
more importantly, it will put a cap on the price of oil.
"We can then help the underdeveloped countries" that have
been devastated by the increases in oil costs in the past seven
years, he said.
THE REST of the oil industry, Hammer said, is waiting to
see the results of Occidental's project before committing to
production of oil from shale.
Hammer talked about the international university he recently
helped found in Mexico. Students aged 16 to 19 come from
around the world to study for two years.
The purpose is to live and study together in order to foster
understanding between people.
Hammer said he was told, "The only way we could ever get
rid of war was to start with the young people.'
* Featuring *
Pool Tables Top Video Games
Big Screen featuring Ln2F in Stereo
As Always No Cover!
HIS WEEK FOR OUR EXTENDED
HOUR 12:00 to 6:00 pm
aft 40 per 12 oz. Cup
$1.75 per 55 oz. Pitcher
thru 10-7
lit paper together
IB - i ffi