Word: oiled
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Dates: during 1940-1949
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...witnesses hardly seemed to be trying. Both Treasury Secretary John Snyder and Federal Reserve Board Chairman Thomas McCabe were plainly reluctant to discuss price controls. Said Secretary Snyder: "I have stated many times that I am not in favor of price controls. Nor am I in favor of castor oil. But if I've got an ailment and it's going to save my life, then I'll take...
...only two countries in South America (the other: Venezuela) which are not running out of dollars. In the first five months of this year, Uruguay ran her dollar kitty up from $32 million to $40 million. The Uruguayan peso rides steady at 1.9 to the dollar. But unlike oil-rich Venezuela, to which a plethora of dollars has brought sky-high prices, Uruguay has avoided inflation...
...Three thousand robed and hooded members of the Ku Klux Klan gathered in a field near Stone Mountain, Ga. for the largest Klan ceremony since 1924 (see cut). They fired up oil buckets hung on a cross of iron pipe, initiated 700 new members, and cheered a prediction by Grand Dragon Samuel Green that "blood would flow in the streets" if civil rights for Negroes were enforced in the South...
...some 300 corporations reporting, only eight were in the red at midyear. More than 70% of the rest showed gains over 1947. As expected, the oil industry kept its lead by pumping out profits even faster than it pumped up record supplies of oil. Gains ranged from 33% for Jersey Standard (to a record of $210 million for the first six months) to 143% for Atlantic Refining (to a record...
...strike is the latest success in a remarkable comeback. Once a bankrupt, squabble-ridden company, control of Richfield was bought in 1936 by Oilman Harry F. Sinclair and the Cities Service Co. Under Sinclair, as chairman, it went after new oil leases, built up its known oil reserves from 25,000,000 barrels in 1937 to 220,000,000 last year. Investors were betting that its reserves had just begun to climb. In the last two months its stock went from...