Word: barco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...involvements of Colombian concession laws. Standard's 356-mi. Andean Pipe Line from its De Mares Concession to Cartagena on the Caribbean has carried virtually all the oil Colombia has ever produced, less than 175,000,000 bbl. Most famed of Colombia's undeveloped concessions is the Barco, covering an area larger than that of Rhode Island. Originally granted to the late General Virgilio Barco, an able Colombian who had grown rich in such varied activities as cattle, sugar, matches, liquor, the Barco Concession has had a purple history. After sinking more than $100,000 of his personal...
About to change hands last week was the famed Barco oil concession, an inaccessible 500,000-acre tract of jungle in northeastern Colombia. Originally granted to Colombia's late General Don Virgilio Barco in 1905, it is one of the world's great concessions, though hardly a barrel of oil has yet been taken out of it. Wells have been drilled, but the necessary pipe-line to the coast is yet to be laid. For the past decade the Barco concession has been controlled by Gulf Oil Corp...
Specifically Senator Johnson excoriated the scramble of U. S. bond houses for South American issues, the "bribing" of a Peruvian President's son to make a loan, the restoration of the Barco oil concession to the Mellon interests by Colombia while the State Department sped up a National City Bank loan (TIME, Jan. 25). He showed statistically how U. S. private loans to 16 European nations with a par value of $1,667,562,000 had depreciated 43% to $925,559,000, how $1,600,000,000 invested in South American securities had shrunk to a cash value...
...current public buildings program, thus drumming up trade for Aluminum Co. He has caused "millions" of dollars in taxes to be refunded to Aluminum Co. and Gulf Oil, "thousands" of dollars to himself. The Treasury literally labels his concerns "Mellon companies." He used his official position to have the Barco oil concession in Colombia restored by that Government to Gulf Oil, following personal conversation with President-elect Olaya Herrera...
...taxes but was also assessed an additional $209,000. making a net tax loss of $118,000. A bumptious Treasury employe once labeled papers relating to Aluminum Corp.: "This is a Mellon company." Superior officers immediately ordered off the label. Mr. Mellon never mentioned the Barco concession to President-elect Olaya...