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...whole cooperated enthusiastically with the restriction plan; encouraging progress has been made in the Mid-Continent (Oklahoma) fields. California, however, is the crucial point. California increased its production 40% in 1929 and now produces 30% of the U. S. output. Last summer the California legislature passed the Lyon Act, a measure ostensibly designed to prevent wastage of natural gas but really meant to limit oil production.* Small producers have questioned the legality of the Lyon Act, but big oilmen maintain that the courts will uphold the validity of the measure and that the law will reduce California's present production...

Author: /time Magazine | Title: Business & Finance: No Oil Compromise | 12/9/1929 | See Source »

Died. Rear Admiral Henry Ware Lyon. 84, U. S. N. retired; at Washington; of heart disease. Commanding the U. S. S. Dolphin, he took part in more engage- ments, captured more prizes than any other officer in the Spanish-American war. In 1889 as executive officer of the U. S. S. Trenton he was at Apia, Samoa, when possession of the island was contested by Great Britain, Germany, the U. S. When a tidal wave drove ashore the warships of the three countries, he ordered his doomed ship's band to play the "Star-spangled Banner" while lashed...

Author: /time Magazine | Title: Milestones: Dec. 2, 1929 | 12/2/1929 | See Source »

...Sept. 2). Ottawa. The quiet city dubbed Canada's capital by Queen Victoria is one-fifth as populous as bustling, industrial Toronto. But of Ottawa's 126,000 citizens a full 1,000 turned out as a mass committee of welcome marshalled by Dominion Prime Minister William Lyon McKenzie King. Canadians made a great point of the fact that Mr. MacDonald and Mr. King shook hands as absolute equals, colleagues under the Crown. Loud pealed the carillon in the great Gothic peace tower of Canada's Parliament House. Smartly Scot MacDonald was driven to be received...

Author: /time Magazine | Title: Foreign News: No War: No Blockade | 10/28/1929 | See Source »

...course such ringing blarney was not the only trump in the hand of Privy Seal Jim (one of the best bridge players in London and always for highest stakes). His long suit was a scheme which he privately unfolded to that shrewd though cherub-faced statesman Rt. Hon. William Lyon Mackenzie King, Prime Minister in Canada...

Author: /time Magazine | Title: CANADA: Privy Seal Jim | 9/2/1929 | See Source »

...vast is the project, so many millions of dollars will it cost, that the new Nanking will probably still be abuilding when the William Lyon Phelps residence crumbles in decay...

Author: /time Magazine | Title: CHINA: Airport in Middle | 5/27/1929 | See Source »

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