Word: hydrocol
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...next day, Indiana's Senator Homer E. Capehart nosed into an $18.5 million RFC loan granted to Carthage Hydrocol, Inc. for construction of a synthetic gasoline plant and pipeline in Texas. Republican Stalwart Capehart found that Hydrocol's president is none other than G.O.P. National Chairman Guy George Gabrielson. Passing over the fact that RFC's loan to Hydrocol was more than matched by $21.5 million in new private capital, Capehart snapped: "I don't care whether the name is Smith, Jones or Gabrielson. They ought to practice what they preach. Do they believe...
...Reconstruction Finance Corp. lent $9,000,000 to Carthage Hydrocol, Inc., to build a $19,000,000 plant near Brownsville to make gasoline from natural gas. Behind Carthage Hydrocol are eight large companies,* which were willing to risk $10,000,000 of their own cash, and Texas-born Percival Cleveland ("Dobie") Keith, the red-faced, hurry-up man who bossed the construction of the famed atom-bomb plant at Oak Ridge...