Word: oil
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Dates: during 1950-1959
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Class Dismissed. Even as Kassem spoke, the Iraqi army was quelling bloody street fighting between Turks and Kurds in the oil-rich city of Kirkuk to the north. Before the rioting was over, some 30 Iraqi were dead, 100 wounded, and large numbers of soldiers had deserted their units to help out the pro-Communist Kurds. Alarmed by the defections, Kassem arrested six officers and 250 men, and sorrowfully took a more painful step. He ordered 800 reserve officers-an entire graduating class commissioned by Kassem himself last April-out of uniform and back to civilian life. The reason: they...
...land reform is the first real attempt in ten years to spend some of Venezuela's $800 million a year in oil revenues to develop the backlands. Thousands of farmers who have fled from-rural poverty to the city slums may now begin to drift back to the farm. The plan will cost $240 million the first year, $7 billion in all. Only the Communists denounced the plan as too moderate and refused to sign the commission's report. The other parties agreed with Caracas Archbishop Rafael Arias Blanco, who declared that passage of the bill "will...
Black Prince. Part of Libya's touchiness grows out of its realization that it could not survive six months if the U.S. and Britain (which has given Libya $64 million) withdrew their support. Libya's meager exports of esparto grass (for paper currency), olive oil, nuts and camels pay for only a fraction of its imports, and U.S. grants total more than half Libya's annual budget. Rumors rife in Libya of local mismanagement of allied funds are small encouragement to pull out U.S. technicians and let the Libyans spend away on their own. Most...
...prevention. Here cancer offers its usual paradoxes. There is no faintest clue as to how most of the commonest forms can be prevented; yet in those cases where trigger mechanisms have been spotted, preventive measures have been more effective than against any other disease. Scrotum cancer of U.S. oil workers, from a wax-pressing process, has been wiped out (as was chimney sweeps' cancer) by keeping the dangerous chemical at a distance. So has bladder cancer in the dye industry. Circumcision and scrupulous cleanliness markedly reduce a man's risk of cancer of the penis, and possibly...
Bribes & Calls. Richest ground for spying is the U.S. oil industry, where geological maps command a king's ransom. The Harvard surveyors found that one oilman was paying geologists from five competing companies $500 each a month to feed him undercover information. At another company, a switchboard operator intercepted long-distance calls between executives, heard when and where the company planned to buy leases, sold the tips to an outside broker, who grabbed up the leases. In Casper, Wyo., an oil executive quit without turning in his office keys, later was caught fingering through secret maps in another executive...