Word: gulf
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Dates: during 1960-1969
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Hershey Bars & Chickens. Sprawled along 580 miles of the choppy Gulf of Guinea, Sir Abubakar's Nigeria is a ragged rectangle the size of Texas and Oklahoma combined. Just behind the beach, guarded by a great green mangrove wall, lie sweltering swamps-and the mosquitoes whose deadly bite kept white men from settling Nigeria as they did Algeria, Kenya and the Rhodesias.* Beyond the swamps is the thick layer of tangled rain forest, where the natives pick cocoa pods for the world's chocolate factories and gather oil palms for the big soap firms. Then comes the undulating...
...American motion picture what Ernest Hemingway is to American literature. He had the same masculine appeal, conveyed the same sense of escape from oppressive city culture, and suggested that what matters in life is the things a man can do with his body and his two hands. The gulf between Gable and a newer Hollywood generation was well summed up by a Clan member, who once said contemptuously: "He's a square. What would we find to say to him? He goes hunting...
...Jersey) and Socony Mobil Oil Corp. The decision was embodied in a partial settlement last week of a long, controversial suit filed by the Justice Department against five of the biggest U.S. oil companies: Jersey Standard, Socony Mobil, Standard Oil Co. of California, Texaco Inc. and Gulf Oil Corp...
...control world oil production. The Eisenhower Administration toned down the suit to a civil one in 1953, and the Justice Department spent seven years re-examining the merits of its case, which even the trustbusters knew was none too strong. Last week two of the defendants, Jersey Standard and Gulf, while not admitting any guilt, signed consent decrees promising not to enter into any cartel deals for the next 25 years. Although the suit continues against Socony Mobil and the other two companies, Socony went along with Jersey Standard's terms for breaking up Standard-Vacuum...
Shortage Insurance. In its separate consent decree, Gulf agreed to set aside 100,000 bbl. of oil per day for ten years from its production in Kuwait for sale to independent oil companies. Gulf has always sold to independents, and the Government's requirement is really only an insurance policy for the independents should an oil shortage arise...