Word: oiled
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Dates: during 1940-1949
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When Harry Truman nominated his good friend, California Oilman Ed Pauley, to be Under Secretary of the Navy in January 1946, he got a rude shock. Senators, noting that the Navy buys great quantities of oil, were leary of Pauley's behind-the-scenes activities in the great tidelands oil controversy and let it be known that they would refuse to confirm him. After six weeks of stormy hearings, Harry Truman withdrew the nomination...
...about to board a private plane. Korff had planned to drop leaflets over England: "To the people whose Government proclaimed 'peace in our time,' this is a warning. Your Government has dipped His Majesty's Crown in Jewish blood and polished it with Arab oil. . . . We will carry the war to the very heart of the Empire...
...related plan to expand facilities for farm credit, and another to return to silver coinage, a move that would help the mining industry. His best piece of news had been written into the address at the last minute: after a nine-year controversy, Mexico had finally settled the oil expropriation row with Britain. For Royal Dutch Shell's subsidiary, the El Águila Petroleum Co., Mexico would pay $81,250,000 over the next 15 years, plus 3% interest...
...Most-favored-nation trade agreements with Latin American countries were extended to a total of 16. By May of this year, there were Canadian Trade & Commerce Department offices in Mexico, Guatemala, Cuba, Colombia, Chile, Argentina, Brazil, Venezuela and Peru. Canadian investments south of the Rio Grande, principally in mining, oil and public utilities, now total some $150 million.† Canadian banks and insurance companies are pushing business with the Latinos...
...cascade of antitrust suits, Attorney General Thomas Campbell Clark had called for jail sentences for those who "conspire to maintain or increase present prices." Ever since, the antitrust division's 160 lawyers have been working overtime filing charges against leaders of the rubber, brake-lining, color film and oil industries (TIME, Sept. 1). All were accused of conspiracy to fix prices...