Word: herzog
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Dates: during 1940-1949
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...rapping of Japan at the doors of French Indo-China (see p. 33) became really loud only when set near the ticking of the Balkans' time bomb (see p. 34); Almazán and Avila Camacho staring at each other angrily in Mexico (see p. 39), Smuts and Herzog doing the same in South Africa-these minor cockfights became significant potentials when juxtaposed. The shadow of Russia creeping again on Finland (see p. 39) turned from red to black when superimposed on the shadow of Italy's sharp little foot dancing through North Africa toward the Near East...
...bigger slice of Allied business-especially of finished petroleum products, since France's refineries are now in Nazi hands. One Western Hemisphere producer knew for sure that it had lost a market when Italy entered the war. Soon after Mussolini had made his radio speech, Jesus Silva Herzog, No. 1 oil salesman of Mexico, announced that Mexican shipments of oil to Italy (15,000 barrels daily under contract) had stopped...
...Sinclair deal was the personal triumph of Jesus Silva Herzog, general manager of the Mexican Petroleum Distribution Agency, the Government monopoly. He got the Sinclair interests to surrender all claims arising from Mexico's seizure of their properties in exchange for $9,000,000 cash (payable over three years) plus 20,000,000 to 30,000,000 barrels of oil to be supplied by the Mexican Government over a six-year period at a price reputed to net Sinclair a $7,000,000 profit. Jesus Silva Herzog went on to claim that he had sold or was in course...
...strengthen widespread impressions that the Herzog-Sinclair deal just about smashed the boycott, Mexican Foreign Minister Eduardo Hay claimed that Sinclair properties represented 40% of all those confiscated in 1938. In reply the boycotters, led by Standard Oil of New Jersey, cracked back that 10% was a more accurate figure for the Sinclair properties. The Mexican Government, complained Standard, is now apparently getting ready to supply Sinclair with oil partly taken from the expropriated properties of Standard and others...