WASHINGTON (AP) — The
United States and the Soviet
Union Thursday signed an
agreement in principle to limit
and possibly reduce their stock-
piles of offensive nuclear weap-
ons by the end of 1974.

President Nixon and Soviet
Communist leader Leonid I.
Brezhnev raised their cham-
pagne glasses in toasts to suc-
cess at the ceremony in the
White House East Room.

The agreement, the out-
standing acomplishment of
their week-long summit, was
forged by Nixon and Brezhnev
earlier at Camp David, the
presidential retreat in the
 mountains of Maryland. It is
designed to spur negotiators for
the two countries at the re-
cessed strategic arms limita-
tion talks (SALT) in Geneva.

For the first time, the two
nations committed themselves
in principle to actual reductions
of their nuclear weaponry as
well as to permanent limita-
tions. Also significantly, the
United States evidently is bow-
ing to Soviet objections to on-
site inspections.

One of the seven stated prin-
ciples provides that “national
technical means” be the svs-
tem of verifying whether Wash-
ington and Moscow were living
up to a missile limitation.

 
 
ae ANGELES, Cal.—(4)—Ed ward
L. Doheny and directors of the
Pan-American Petroleum and Trans-
port company Tuesday faced a bill of
complaint demanding an accounting
of $10,000,000 which stockholders
allege they lost in the fraudulent lease
of the Elk Hills naval oil reserve.

The complaint, filed in behalf of
Frank H. Kunkel, Cincinnati, and
other shareholders, declared the loss
resulted from the cancellation of the
lease by a decision of the United
States supreme court after the com-
pany had spent several million dol-
lars in the development of the field.

The lease was negotiated for the
government by Albert F. Fall, then
secretary of the Interior.

The $100,000 delivered to Fall by
I. L. Doheny. Jr... in the much dis-
cussed ‘‘little black satchel,”’ was de-
clare in the suit to have been given
by the stockholders and used as a
bribe. An accounting of the exchange
also is asked.

Kunkel sets forth in the complaint
that neither he nor any of the plain-
tiff stockholders had knowledge of
the negotiations and describes Do-
heny’s conduct of the deal as a
“frand not only against the United
States but also against the Pan-
American company and {ts stockhold-
ers.”

Doheny fis charged with dominating
the affairs of the company when the
lease was signed.

 
 