Word: oil
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Dates: during 1950-1959
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...Herter married Mary Caroline Pratt, daughter of a staid and wealthy Standard Oil family (they now have three sons and a daughter), and took his bride to Switzerland, where he was on State Department assignment to help draw up a prisoner-of-war agreement. After that he went to the Versailles Conference, officially as a secretary but unofficially as hearing aide to U.S. Delegate Joseph Clark Grew, who was growing increasingly deaf. In 1921 Herter returned to the U.S. as secretary to Commerce Secretary Herbert Clark Hoover in the Harding Administration...
...sole political party left in Premier Kassem's Cabinet is now the Communist-backed National Democrats. The leading pro-Communist among the Iraqi Cabinet ministers announced that he was off this week for Moscow to work out details of the new economic deal, which would put Western oil royalties to work on a development program in which Communist advisers will have the most...
Ever since the Suez crisis of 1956 threatened much of the free world's oil reserves, prospectors have been coming to Canada in droves and pushing out to the unlikeliest corners. Last week Northern Affairs Minister Alvin Hamilton told the House of Commons about the newest "hunting ground: Canada's forbidding Arctic. So far this year, no fewer than ten companies and individuals have applied for the right to explore 60 million acres of coastal waters and arctic island territory north of the Canadian mainland...
...government will do everything it can to hurry along approval of the applications and speed the prospectors on their way. In the master plan for developing the Arctic, oil may well be a lure that brings roads and towns and facilities of every description. The government itself touched off the race for applications with recently completed geological maps showing formations of an oil-bearing type extending through the Arctic as far as Ellesmere Island, 490 miles from the North Pole. To aid future prospectors for oil as well as other minerals, the Department of Transport plans to open northern airfields...
...there is oil in the North, Minister Hamilton sees a vision of atomic-powered submarine tankers loading up from pipelines linking island interiors to the coast, then hauling their cargo under the ice to European markets. Equally visionary was Deputy Minister Gordon Robertson's suggestion to build an ocean pipeline from Ellesmere Island to Europe-a shorter distance, he pointed out, than Interprovincial pipeline spans between Edmonton and Toronto. Said Robertson: "It would be the wildest folly and the grossest arrogance to say that these things will not, in due course, be quite possible. The 'Far North...