Word: coals
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Dates: during 1920-1929
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...were pleasantly surprised to strike oil as well. U. S. petroleum is used chiefly in the form of gasoline; in Russia (with only 21,000 automobiles) the oil will be used mainly as fuel. Perm oil will turn many a wheel in the Ural industrial region, now dependent upon coal which must be transported some 1,200 miles...
...interests" include a vague but potent backing from the Rockefeller family, whereas the Van Sweringens are more directly indebted to the House of Morgan.) Mr. Taplin's father was manager of the refined oil department and was later vice president of the old Standard Oil Co. But it was coal, not oil, that founded the Taplin future. In 1900 Mr. Taplin became salesman for Pittsburgh Coal Co.; by 1912 he was sales manager. Soon he left Pittsburgh Coal Co., founded Cleveland & Western Coal Co. By 1926 his coal company, now North American Coal Corp.. was world's largest producer...
...Taplin decided that the best thing a big coal company could do was to buy its own railroad. He didn't like (he said) the way the Pittsburgh & Virginia was run (it had gone through several receiverships), so be bought it. Later he acquired large holdings in Wheeling & Lake Erie and has since been attempting to put together the lake-to-sea system which George Gould had begun...
...midget road for a test case, the O'Fallon carries coal over a nine-mile track in Southern Illinois. It is owned largely by the Adolphus Busch estate which also owns the Manufacturers' R. R., a 20-mile system in Missouri physically unconnected with the O'Fallon...
...Well" was, indeed, almost the gist of the lengthy report. Exceptions were admitted in the cases of the coal, cotton, and "grain growing" industries, and in the New England States...