380 NATIONAL OCEANOGRAPHIC PROGRAM LEGISLATION 



Mr. Clark. Yes ; I appreciate that. 



Mr. Drewry. Thank you, Mr. Chairman. 



Mr. Lennon. Captain Bauer? 



Captain Bauer. Mr. Clark, would it be all right to include in your 

 thinking other minerals such as some of the oil companies owning or 

 leasing gold right and so on and so forth on the Continental Shelf 

 off Alaska. 



Just petroleum products, it seems to me, might be too narrow. We 

 might include all minerals ? 



Mr. Clark. Yes, sir ; there should be a general exclusion, I believe, 

 in those areas of technology in which companies operating today and 

 are investing money. 



This is true; there have been gold applications in lakes. In fact, 

 on a worldwide basis one of the companies was interested in diamonds 

 off South Africa. There have been phosphate leases off California. 



There are other things involved ; yes, sir. So this could be expand- 

 ed. The reason that point was not picked up is, we did not feel that 

 was exclusive to us and we were pointing at our prime area of empha- 

 sis. We thought others would possibly pick that point up. 



Captain Bauer. That is all I have, Mr. Chairman. 



Mr. Lennon. Thank you. I want to again express our appreciation 

 for the attendance of so many people here today. 



Mr. Reinecke, I believe you said you pass ? 



Mr. Reinecke. Yes, sir. 



Mr. Lennon. And say to you, Mr. Gillean and Mr. Chapman, that 

 I cannot be here tomorrow, but the committee will meet tomorrow 

 morning at 10 o'clock in this room. 



The committee is now adjourned. 



(Whereupon, at 12 :10 p.m., the hearing was recessed, to reconvene 

 at 10 a.m., Friday, August 13, 1965.) 



