Word: controllers
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Dates: during 1940-1949
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...strain his expanding fortune. In 1921 he and three oilmen, including flamboyant Harry F. Sinclair, founded the Continental Trading Co., a Canadian corporation. Through Continental, the quartet bought more than twelve million barrels of Texas oil for $1.50 a barrel and then sold it to other corporations in their control for $1.75. This gave them a tidy $3,000,000 profit which they invested in Liberty bonds and whacked up among themselves without informing either their stockholders or the Treasury Department...
...standard vituperation. The peace-loving U.S.S.R., cried Vishinsky, was "ready to answer . . . blow for blow" any threats of "the black array of warmongers" in the West. He called on the Assembly to 1) condemn Anglo-American warmongers, 2) impose an "unconditional prohibition of atomic weapons and . . . rigid international control," and 3) call upon the Big Five to sign "a pact for the strengthening of peace...
...Warren Austin pointed out bitterly, was window-dressing: Moscow had spurned the U.S. offer for such a pact over Germany three years ago. The atomic-ban talk, as Britain's Ernie Bevin bluntly put it, was stupid; again & again, the U.S. had proposed genuine international control by a U.N. atomic-energy commission, and a vast Assembly majority approved the U.S.-backed plan (TIME, Dec. 20). But the Russians, while piously asking all nations to take the pledge and outlaw atomic weapons, 1) insisted that the U.S. chuck its whole stockpile before anything further was done about control; 2) flatly...
...long run even the farmers might rebel against the increasing controls of support programs. They can catch a glimpse of their future in the proposed new potato support program. The more openhanded the Government becomes, the more strictly it may have to control what farmers grow right down to the bushel...
...kept control of them through two World Wars and innumerable political upheavals by means of a bewilderingly complex holding company, incorporated in Belgium, called SOFINA (Société Financieère de Transports et d'Entreprises Industrielles)* The value-and power-of SOFINA is Heineman's secret. But its five-year battle with March over Ebro makes E. Phillips Oppenheim's stories read like fairy tales. Says Dannie Heineman, with icy anger: "I'm no angel, but I've always been a builder. Juan March has always grabbed what he wanted. He wanted Ebro...