Word: oil
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Dates: during 1950-1959
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...Roman aqueducts crumbled away. Last year the U.S. built 37 schools and equipped five teachers' training colleges (the nation has only 25 college graduates). In what may prove the greatest boon of all to the Libyan standard of living, after four years of probing the desert crust for oil, Esso Standard (Libya) last month drew an astonishing 17,500 bbl. a day in a test run of its first Zelten field well, hopefully spudded in Zelten...
...earning $50,000, climbed into the ring for a few friendly rounds with brother Rolf, an amateur boxer. At Osthammar, some 3,000 fans crowded in (at $1 a head) to watch in vain for The Punch, chuckle at the champ's cries ("Throw me some mosquito oil"), and cheer happily when the referee solemnly declared him the winner...
...movie offers Sovcolor shots of the spectacular fountains at Peter the Great's palace at Leningrad, then ecstatically describes panoramas of steel plants, oil rigs, coal trains. There are sequences of carefree Russians churning up the Volga in a motor launch, of the "volunteers" who whistle while they work to make Siberia a mountain greenery home. In the Caucasus, bikini-clad beauties splash in the Black Sea. It is enough to make the St. Petersburg, Fla. Chamber of Commerce ask Washington for equal time...
Since the spring of 1957, law-enforcement agencies have been trying to unravel the complex dealings of Fancy Financier Lowell McAfee Birrell, 52, who promoted his way to control of 40 companies, mainly through top posts at Swan-Finch Oil Corp. and Doeskin Products, Inc. Last week a New York County grand jury indicted Birrell on 69 counts of grand larceny, alleged that he stole stock worth $14 million from the two companies...
Birrell, a Presbyterian minister's son and a lawyer, began his jiggery-pokery after he got control of Swan-Finch in 1954. He increased the oil company's shares and exchanged them for the assets of other firms. The indictment charges that one of his biggest coups, the exchange of 700,000 shares of Doeskin Products stock in 1957 for 1,140,390 shares of Keta Gas & Oil Co., a Swan-Finch subsidiary, was accomplished "by presenting a fraudulent document." Birrell, the indictment charges, signed papers that he would not sell the Doeskin stock publicly, then went ahead...