Word: fastly
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Dates: during 1950-1959
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Politics is a game of chance, and Lyndon Johnson, a consummate politician, knows that his chances of becoming the Democratic presidential candidate next year are all but nil. Last week, though, he was out of Texas for the first time this season on a fast, six-day political tour, looking very much like a candidate who is running hard and expects...
...main character was all too real. Rugged, soft-voiced Ted Lewin, 52, is an American ex-prizefighter with a taste for dark shirts, penthouses, air-conditioned Cadillacs and shadowy wheelings and dealings. In and out of Manila, in the past two decades, he has turned many a fast peso...
...contracts give YPF all the oil and, upon expiration in 20-30 years, the wells themselves. To come in on such terms, the companies demanded and got a fast payoff. For getting YPF's oil out of the ground and to the wellhead, the Carl M. Loeb, Rhoades group, investing $100 million, will get 70% of the world oil price until its investment is amortized. 15-20% after that. Five other big companies (Pan American International, Esso, Shell, Union Oil of California, Tennessee...
...time limit of the contracts made speed advisable, and the companies moved fast. Texas' Loffland Bros., drilling for Pan American, shipped ten rigs to Comodoro Rivadavia within 60 days after the deal was closed, so far has brought in 81 wells. The Loeb, Rhoades group, on proven ground in central Mendoza province, has brought in 48 wells; Tennessee Gas hit four producers in Tierra del Fuego. Wildcatting in Patagonia, Union Oil brought in a new field in November...
...varsity performers were named to the second team. Fullback Thomas L. Morgan '61, an extremely fast defender, and Tadhg Sweeney '61, a hard charging lineman, were the Crimson men so honored...