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...Cousin Andrew Mellon had made on some Texas oil leases. He salvaged the money so well that when he retired at 80 his empire (still 41% owned by the Mellon family) stretched from Venezuela, where only Standard's (NJ.) Creole and Royal Dutch Shell outrank Gulf's Mene Grande, to Kuwait on the Persian Gulf, where Gulf and Britain's Anglo-Iranian share more than 11 billion bbls. of oil reserves. Under him, Gulf got the prospecting rights to all of Denmark, and his global marketing and producing apparatus embraced subsidiaries through most of Europe, Africa...

Author: /time Magazine | Title: OIL: Billion-Dollar Chip | 10/15/1951 | See Source »

...Innocents* and the Latin American equivalent of April Fool's Day. At the San Tome camp of the Mene Grande Oil Co., the plane had just landed from Caracas. Its most important cargo: $287,000 in crisp bills to pay drillers and riggers. It brought also a surprise. When company paymasters opened the moneybag, they found only bricks and old newspapers. A Day of the Innocents' joke, was their first thought. But it was no joke; somewhere between Caracas and San Tome the payroll pouch had been stolen...

Author: /time Magazine | Title: VENEZUELA: Last Laugh | 1/27/1947 | See Source »

...Meoe, Mene, Tekel, Upharsin. Men find it hard to read the true meaning of most things, but the hardest of all to read is the handwriting on the wall-which becomes legible to everybody only when the walls begin to totter and collapse. In mid-January, 1941, under the impact of Nazi bombs, the walls were falling on all sides of the 221 Anglican prelates, priests and laymen who under the sponsorship of Dr. Temple, then Archbishop of York, huddled in greatcoats in the unheated rooms of Malvern College. It was not only British walls that were crashing. Under...

Author: /time Magazine | Title: Religion: Peculiar Revolutionist | 4/17/1944 | See Source »

Able to read Mene, Mene at last, the Malvern delegates unanimously voted a program for "ordering the new society" which they saw "quite evidently emerging" from the war. Its most sensational planks were...

Author: /time Magazine | Title: Religion: Peculiar Revolutionist | 4/17/1944 | See Source »

Prophecy I (1920) was remembered by the St. Louis Post-Dispatch's Charles G. Ross: "The handwriting is there as plain as ever was mene mene tekel up-harsin. . . . The general service pension is coming. It's as certain as death and taxes...

Author: /time Magazine | Title: THE CONGRESS: Spending Spree | 4/8/1940 | See Source »

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