NEW YORK (Jul. 11)
The heads of more than 20 of the largest corporations in the country have telegraphed President Johnson expressing their support of his program for settlement of the current Middle East crisis. They urged that Israel should not be called upon to withdraw from its present positions until there is an overall settlement based on the President’s five principles.
These principles, proposed to the United Nations General Assembly last month by Ambassador Arthur J. Goldberg, call for recognition of the right of national life in the Middle East; justice for all refugees; innocent passage through international waterways; limits on the Mideast arms race; and political independence for all.
Among those signing the telegram, all of whom are members of the Ad Hoc Committee of American Business and Industry on the Middle East, were: Thomas G. Ayers, president of Commonwealth Edison Co.; Dr. H. Bruce Baldwin, president of Horn and Hardart Baking Co.; Lewis Eilers. president of Eastman Kodak Co.; Paul A. Johnston, president of Glen Alden Corp.; C. Jay Parkinson, president of Anaconda Co.; Peter T. Sinclair, president of Crown Zellerbach Corp.; Walter Wheeler, Jr., chairman of Pitney-Bowes, Inc.; Joseph C. Wilson, chairman of Xerox Corp.