Word: oiled
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Dates: during 1960-1969
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...huge initial investment needed for Reston. The story goes that at one point there were two briefcases on Simon's desk, one containing the orders to dismantle the whole project, the other with the plans to go ahead. Simon recalls, "It was a tense time. Very tense." Fortunately, Gulf Oil pulled through at the critical moment with a considerable grant, and, since then, Simon has found the task of obtaining capital for his project somewhat easier...
Severe Damage. The first task of the New Order is to clean up the incredible economic mess that Sukarno has made of Indonesia. As a Dutch colony before World War II, Indonesia supplied one-fifth of the world's tea, one-third of its rubber and palm oil, two-fifths of its kapok and four-fifths of its pepper. Scattered throughout Indonesia's 3,000 verdant islands are rich mineral deposits -gold, tin, bauxite, tungsten-and oil reserves. "Indonesia is rich in natural resources," says Suharto, "but the damage done to our country's economy has been...
Died. Alice Tisdale Hobart, 85, author, who sailed to China to visit a sister in 1908, stayed on to marry an oil-company official and crisscross the land until 1927, when she settled down in the U.S. to spin her impressions into novels, first Oil for the Lamps of China, a 1933 bestseller and 1935 movie, followed by six others (The Innocent Dreamers) centered in Asia and permeated with foreboding of endless strife because of the clash of races and cultures; of cancer; in Oakland, Calif...
...Harvard Square is to their taste, the flood of objects, people, shoes in store windows, neon signs half put out and grimy behind the light, candy boxes wrapped in shiny green and sculptured, candied loaves piled on display. Through all and over all the too sweet smell of oil of coconut...
...octagonal trading pits, flailing the air as they shout "Buy!" or "Sell!" The commodities market is immensely complex, and word of a drought in India or a soaking rain on the Dakota plains has an electric effect on futures trading. Even seasoned brokers, whether they deal in grains, soybean oil or steer carcasses, find the trading nerve-racking and treacherous...