2012-01-10 14:53:36 UTC
Malcolm (Mac) Wallace,
The Permanent Investigations Committee continued to look into the case
of Billie Sol Estes. President John F. Kennedy now began considering
dropping Lyndon B. Johnson as his running-mate in the next
presidential election. Rumours began to circulate that Terry Sanford
of North Carolina would be the next vice president.
According to Barr McClellan it was now decided by Edward Clark that
the investigation into Billie Sol Estes and Bobby Baker had to be
brought to an end. McClellan claims that Clark recruited Wallace to
organize the assassination of John F. Kennedy. When Johnson became
president he managed to bring an end to the Senate investigations into
Estes and Baker.
McClellan later claimed that the killing of Kennedy was paid for by
oil millionaires such as Clint Murchison and Haroldson L. Hunt.
McClellan claims that Clark got $2 million for this work. The death of
Kennedy allowed the oil depletion allowance to be kept at 27.5 per
cent. It remained unchanged during the Johnson presidency. According
to McClellan this resulted in a saving of over $100 million to the
American oil industry. Soon after Johnson left office it dropped to 15
Wallace went to work for Harry Lewis and L & G Oil. In 1970 he
returned to Dallas and began pressing Edward Clark for more money for
his part in the assassination of John F. Kennedy. According to Barr
McClellan it was then decided to kill Wallace. "He had to be
eliminated. After driving to see his daughter in Troup, Texas, he went
by L & G's offices in Longview, Texas. There his exhaust was rigged
for part of it to flow into his car."On 7th January, 1971, Malcolm
Wallace was killed while driving into Pittsburg, Texas. He appeared to
have fallen asleep and after leaving the road crashed his car. Wallace
died of massive head injuries.