Word: arabian
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...industry's almost-unanimous opposition to Ickes' plans for an Arabian pipeline (TIME, Dec. 27, et seq.) reached a new high last week. In Dallas, Sun Oil's Vice President James Edgar Pew of Philadelphia flatly called the pipeline an invitation to the next world...
...Necessary? "I hold no brief," said De Golyer frankly, "for the Government's Arabian pipeline [but] until some satisfactory substitute is found ... I am for the line. The oilfields of the Middle East are practically certain to be of paramount importance as a source of the world's oil supplies for a generation to come. . . . The fact that the Iraq Petroleum Co.* is even now asking for steel with which to build a line of substantially the same size ... is sufficient answer as to whether additional petroleum is needed in the Eastern Mediterranean...
...Fascist? "The cry of 'Fascist' so commonly raised in objecting to the Government's participation in the Arabian scene is used chiefly to cover a lack of clear thinking which the proposal merits. No one has been foolish enough to charge the British Government with being 'Fascist' because of its 30-year partnership in Iranian...
...share the oil industry's fear that the construction of the-Arabian pipeline is but the first step toward taking over the industry. No one cried 'entering wedge' when the Government built the Big Inch or Little Inch lines . . . nor when the Government spent hundreds of millions of dollars on the 100-octane program...
Whose Business Is It? "Building the Arabian line is to the advantage of one group and they are for it. It threatens the markets of another group and they are against it. Actually the problem is not one to be settled by the oil industry...