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Smart President Farish, whose approach is as smooth as his head, told first of his Humble Oil beginnings, but barely reached page one of his 35-page statement when the interruptions started. Senator Homer T. Bone, chairman, was quick to challenge any implication that the case against Standard had been one-sided. Said the Senator: "I am fed up on big outfits like yours indicating to the public that Congress is trying to ride them. God knows we are not big enough to ride your outfit. You are one of the biggest corporations in the world." Later, the Senator philosophized...

Author: /time Magazine | Title: Standard's Day | 8/31/1942 | See Source »

...Washington last week went President William S. Farish and associates of The Standard Oil Company (N.J.) armed with bottles and briefs, and with grim determination to clear the name of Standard (N.J.) in the eyes of the people (U.S.) The bottles contained samples of certain synthetics now vital in the war effort; the briefs contained case histories of Standard's deals with Germany's I. G. Farbenindustrie by which the vital synthetics were secured...

Author: /time Magazine | Title: Standard's Day | 8/31/1942 | See Source »

...Standard's President Farish & Vice President Haslam, Standard Development's President Frank A. Howard cleared up these points for the record...

Author: /time Magazine | Title: Standard's Day | 8/31/1942 | See Source »

...Germany got cash; U.S. got processes. Said William S. Farish: "It is my own conclusion . . . that the U.S. got far more from Germany than Germany ever received from us. If we could have known [that the war was coming] we would have been even more anxious than we were to sign these contracts...

Author: /time Magazine | Title: Standard's Day | 8/31/1942 | See Source »

Standard's ruddy-faced, Texas-drawling President William S. Farish replied for the company: the cartel began when Standard paid I. G. Farben $30,000,000 for patents on a German-invested hydrogenation process. The process, used in Germany to make synthetic oil from coal, was used in the U.S., by Standard and its licensees, to create the world's greatest supply of 100-octane aviation gas. A variation of the same process is now used by Humble Oil in a new plant which makes 30,000,000 gallons of synthetic toluol a year for TNT. The cartel...

Author: /time Magazine | Title: U.S. At War: Dinner-Table Treason | 4/6/1942 | See Source »

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