Word: oil
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Dates: during 1950-1959
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Though Indonesian Premier Djuanda threatened "drastic action" against unauthorized seizures of Dutch property, SOBSI-led workers seized a Dutch club in Palembang, largest city of south Sumatra, two banks in Semarang in central Java, tea, coffee, rubber and palm-oil plantations in northern Sumatra and west Java...
...easily," said one. Nearly every machine in Egypt is Western-made, and for lack of spare parts and the money to buy them, many are on the verge of breakdown. Spare parts are urgently needed for dredges and other equipment used to keep the Suez Canal operating. Lubricating oil is so scarce that gas-station operators supply only favorite customers. Because of Nasser's controls, meat prices are soaring, and butter, tea and coffee are scarce. Many Cairo restaurants refuse to serve cabob because they cannot sell it for a profit. "Nasser," said one observer last week, "is facing...
...peace." In Britain, for example, Getty has been forced to increase his tips (from 14? to 35?, and so on): "As the richest man in the U.S. [if] you give a man a shilling [14?], he'll talk about it for the rest of his life!" Explaining why oil and love don't mix, Getty, a veteran of five marriages, sourly aphorized: "A woman resents a man dedicated to his business. She, in fact, resents anything dedicated to anything but herself...
...Riss, 31, resigned as president of Riss & Co., third largest U.S. over-the-road truck line, was replaced by his father, Richard R. Riss, 54, who founded the family-owned corporation in 1930, got out of the presidency in 1950 to turn to other pursuits (real estate, cigar business, oil leases). University of Kansas-educated Bob Riss, who once said candidly, "It's much easier to climb the ladder of success if your father owns the ladder," took over the presidency at 23, decided to withdraw after his self-made, hard-driving father began stepping back in to make...
Married. Haroldson Lafayette Hunt, 68, hawk-faced, publicity-shy Texas oil multimillionaire; and blue-eyed onetime Stenographer Ruth Ray Wright, 41; both for the second time; in Dallas...