Word: oil
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Dates: during 1950-1959
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...with rage, the crowd broke through the police lines and overturned Land Rovers and trucks. At a Ford agency garage near the Mosque of the Dancing Dervishes, flaming gasoline-soaked rags were flung among the brand-new cars, and soon the building rocked with the explosions of gas and oil drums. A Greek-owned tobacco factory was put to the torch, and fire trucks were held off with a hailstorm of bricks and paving stones. Tear-gas bombs thrown by the outnumbered and disorganized troops were picked up by schoolboys and hurled back. Three Turks died by gunfire as they...
...hold most of the U.S.'s $3 billion investment in Venezuela. In the aftermath of the revolt, some resentment had flared against the U.S. for having maintained comfortable relations with the dictator; with this feeling was mingled a reaction against recent cutbacks in U.S. imports of Venezuelan oil...
Down & Up. Other industries presented an equally mixed picture. Copper was hard hit (see Industry). Southern Pacific Railway nudged its net up for the year with the help of a fourth-quarter rise in the oil industry, a 32% cut in Jersey Standard's fourth-quarter net (to 71?, v. $1.04 a year earlier) gave the world's biggest oil company its first yearly earnings dip in five years. Healthy fourth-quarter gains were run up by International Business Machines ($2.17, v. $1.86 in 1956), which had a record profit year, and Westinghouse Electric Corp. ($1.11, excluding...
...Perez Jiménez' Caracas. Colombia, lately rid of Dictator Gustavo Rojas Pinilla, could get on with its rebuilding, proud of having set a good example and with fresh assurance that democracy holds the brightest promise. And the U.S., deeply involved in developing Venezuela's fabulous oil reserves, would be free of the necessity of doing business with one of the hemisphere's most cordially detested dictatorships...
...plump as a Percheron's rump. As a musician, though, Lanza owes perhaps too much to his early conditioning as a delivery man for a wholesale grocer. No matter how light the aria, he delivers it-grunting and sweating and rolling his eyes -like a crate of olive oil...