Word: holman
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BASKETBALL: George Mikan (139), Hank Luisetti (123), Nat Holman...
...deficit. Standard Oil Co. (NJ.) which stood to lose $80 million worth of business a year if the British embargo became complete, had already offered Britain an alternative plan. If Britain would permit Jersey Standard to convert 50% of its sterling sales into dollars, Standard's President Eugene Holman would set up a British company, subject to British laws and taxation, to handle Standard's operations in the sterling area...
Probable starting lineups: HARVARD PRINCETON Rockwell f Holman Gabler or Crosby f Armstrong Prior or Smith c Adams Covey g Sella Murphy g Kearns
Jersey Standard and its subsidiary in Britain, said Holman, are now spending $150 million to expand the refineries there. But before they started, they got an assurance from the Labor government that it did not intend to nationalize the oil industry...
Nevertheless, said Holman, "as members of an industry that provided four-fifths of the private investment made by American interests abroad last year-totaling $1.5 billion-we are disturbed by the worsening of the investment climate in many countries." Holman thought that Point Four was certainly a fine idea-if it could be made to work. So did the U.S. Chamber of Commerce. This week it gave qualified support to the program-provided that the nations receiving the aid sign treaties "assuring fair treatment of American capital...