Word: oil
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Dates: during 1950-1959
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...chiefly because of the higher cost of new cars. Insurance will go up $13.31 to $116.71, license and registration fees up $1.48 to $19.16, maintenance up .05? to .79?a mile, tires up .06? to .59? a mile. The only saving, says the AAA, will come in gas and oil. which in 1958 will average 2.39? per mile-down an imperceptible...
...half-interest in a 15,000-acre, $175 million potash deposit in New Mexico. The other half-interest belongs to Kerr-McGee Oil Industries and Phillips Petroleum Co. Oklahoma Democrat Robert Kerr, chairman of Kerr-McGee, is among the staunchest N.F.U.sliners in the U.S. Senate...
...integrated armed forces and a unified diplomatic service (though Iraq and Jordan will keep their separate seats in the United Nations). There will be the right of free movement between the two countries for all citizens (including Jordan's jobless Palestinian refugees). Iraq, which has already begun supplying oil and mutton...
Jordan's crowded cities, will initially bear 80% of the cost of the federal budget. But besides the federal Parliament, each nation will keep its own Parliament. Each nation will issue its own passports and run its own domestic economy; e.g., Iraq will not share its oil revenues to help Jordan's development projects...
Whatever his sympathies, Saud cannot afford to ignore Nasser's appeal to his impoverished subjects. Every Saudi Arabian village has radios tuned to Cairo's broadcasts. Egyptian technicians and teachers have deeply infiltrated the kingdom. For all his oil riches, Saud's financial position is so bad that world banks ceased several months ago to honor Saudi letters of credit. Educated Saudis almost to a man are disgusted. Said one: "The King is burning up our wealth, wasting, wasting everywhere-palaces, women, bribes. He is destroying our country. It is a crime that cannot...