Word: oiled
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Dates: during 1920-1929
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Peaceful infiltration was a proper term for the appearance of those yellow signs?infiltration into territory peculiarly sa. cred to Standard Oil Co. of New York Socony's declaration of war last week seemed to end the peaceful period...
Socony (Standard Oil Co. of New York ) opened hostilities by announcing the price cut "to equalize its prices with that of other dealers in the field." Sinclair and Beacon Oil (subsidiary of Standard Oil of New Jersey) promptly followed suit without comment. Texaco and Shell merely remarked that they were adjusting their prices to those of their competitors. Gulf, Tidewater, Pure Oil and others followed...
...phrase "where competition is so keen" meant a great deal more to oil men than it did to the general public. All this year they have been watching New York and a large part of the East undergo a seachange. Across the landscape has been appearing a horde of mollusk shells, artistically represented in red and yellow, with the letters SHELL prominently inscribed upon them. Oil men know that the letters stand for Royal Dutch Shell, great Anglo-Dutch rival of Standard Oil, and for its U. S. subsidiaries-Shell Union and Shell Eastern Petroleum...
...oil men diagnosed the situation, twc great oil generals were rubbing their hand; in anticipation of battle. One was Sir Henri Wilhelm August Deterding, head of Royal Dutch Shell, who from across the sea has kept his eye upon the progress of Shell in the home grounds of Socony. The other was Charles F. Meyer, President of Socony who from a vantage point nearer at hand has watched and waited...
...back as 1893 go the Standard-Shell battles. When the contest for markets was in infancy, Deterding was in the Shell service at Batavia (Dutch East Indies) and Meyer was managing the Bom bay office of Standard Oil. Standard...