COMPENSATES OIL COMPANIES
Shell, Caltex and Esso, the oil monopolists whose holdings were taken over by the Ceylonese government under Mrs, Bandaranaike, have agreed to accept a settlement on their claims offered to them by the new Dudley Senanayake government.
‘It was announced in Colombo May 11 that the pay off would be 55,000,000 rupees [about $11, 200, ooo].
With this dispute settled to the satisfaction of the oil companies it was expected that U.S. imperialism ‘would resume sending handouts to the Ceylonese government. These were cut off when the oil installations were nationalized. ;
DECLARATION OF PABLO GROUPING
[The following is a translation of a statement by the