Word: farish
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Died. William Stamps Farish, 61, president of Standard Oil Co. of New Jersey; of a heart attack; in Millbrook, N.Y. He was a big, tough but easy-talking Mississippian who had meant to be a lawyer but joined the great oil rush to Texas in 1901, worked as a roustabout, saved his pennies, started buying and selling leases in the oilfields, and ultimately wound up as the biggest power in Standard...
...Synthetic rubber-the Buna processes, which are the foundation of the U.S. synthetic-rubber program, and Standard's butyl, developed from I.G.'s Vistanex. Asked Standard's Farish, "What do you think Hitler would give today to be able to keep America from using these discoveries and processes...
...Standard's gasoline sales to Axis airlines in South America were approved by Jefferson Caffery, American Ambassador to Brazil. Said a State Department "background" release quoted by Farish: "In connection with the testimony of Mr. Farish [before the Truman Committee] that the American Ambassador in Brazil and several State Department officials had approved the sale of aviation gasoline to an Italian airline in 1941, Mr. Farish's testimony in this regard is correct...
...Standard's oft-mentioned preoccupation with the almighty dollar did not prevent destruction of $50,000,000 worth of wells and equipment when the Japs surged into Sumatra. Said Farish: "The case which the witnesses attempted to build is a jerry-built house. And the foundation of sand on which the whole thing rests is the assumption that the executives of our company have forgotten that the life-long policy of every American is first, last and always to put almighty America above the almighty dollar...
...Said Standard's Farish: "We as a company are proud of the technical knowledge we have brought into this country, and what we have been able to do with this knowledge once we got it here. . . . All of us have come down here because we felt that . . . our reputations, our motives, our integrity had been questioned. Others have read into cold legal documents motives that were not there. . . . We have tried to show what we did for America with what we got from Germany, because what we intended can best be judged by the record of what...