Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...last week, Georgia was not yet an oil state-but it had begun to look as if the Lord had His arm around the whole southeastern U.S. Conservative oilmen are still talking conservatively, but even they admit that the Southeast is now enjoying the biggest oil-land boom since the 1930s...
Hope and Politics. Mississippi's boom is so far the Southeast's best, but at least five other states have oil fever...
...Boom-conscious Florida has been searching for oil since 1901, and its Legislature has a standing offer of a $50,000 prize for the first commercial well. No one has collected yet, but Jersey Standard's big Texas subsidiary, Humble Oil, has struck oil at 11,626 ft. at an Atlantic Coast Line R.R. tank stop 28 miles north of Everglades City, and is hopefully drilling two more tests. Florida's county weeklies are having a field day announcing new leases, with the price for once near-worthless land up 150% from a year...
...ancient hope of U.S. geologists: that the great Gulf oil strata of Texas and Louisiana sweep eastward clear to the Atlantic and northward along the coastline, perhaps all the way up to Maryland. It will be years before that hope is finally confirmed or disproved. But meanwhile the southeastern boom fosters a nearer-term political purpose for the rugged individualists of the U.S. oil industry. As Oil Czar Ickes backs his unpopular Arabian pipeline (TIME, Feb. 14, et seq.) with dire warnings that the U.S. "cannot oil another war," the industry can use every new oil strike at home...
...enormously proud of being a successful U.S. businessman. He writes that the "Alger pattern ... is unmistakably" apparent in his own life. His penniless, work-filled boyhood taught him that competition is the soul of every game, that competitive effort involves an immense cooperative effort, that communities and individuals boom together. "I plead guilty of being a Kiwanian," he declares, "sharing all the sins of extrovert good fellowship, self-improvement and community spirit which the so-called intellectuals love to lampoon. ... I see no hypocrisy in concern for the general good coupled with an interest in private advancement...