Word: oiled
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Dates: during 1960-1969
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...trade with other areas need not raise its own food, and in some cases should not. For example, it would be worse for us and for the Arabs for them to devote all their resources to growing pitifully little food rather than to producing a great deal of oil, trading a little of it for an abundance of food and the rest for whatever else they choose...
...Jungle is a classic of American social reform, and it put Sinclair first in the company of early 20th century muckrakers: Frank Norris (The Octopus, The Pit), Ida Tarbell (The History of the Standard Oil Company), and Jack London (The War of the Classes). Sinclair started a short-lived Utopian community in New Jersey, called the Helicon Home Colony, with the $30,000 he earned from The Jungle...
Check), money-grubbing ministers (The Profits of Religion), land exploitation by the California petroleum industry (Oil!), subservience of universities to business (The Goose-Step), cowardly book publishers (Money Writes!), the prosecution of Sacco and Vanzetti (Boston), the baronial life of Henry Ford (The Flivver King), and the ruthlessness of mine owners in the 1913-14 Colorado strike (King Coal). Sinclair also crusaded for birth control and childlabor laws, and helped found the American Civil Liberties Union...
...Slim Prices. Jahre made his choice on economic grounds. To outfit and dispatch the factory ship and catcher boats that make up a whaling expedition costs about $3,000,000 a season. In a good year, the catch of whales can return many times that amount in meat and oil. But despite the efforts of an international whaling commission, whalers have so depleted the Antarctic that catches today are uneconomically small. Ten years ago, factory ships sent to sea by Norwegian owners processed 905,000 barrels of oil from 31,000 whales in one season. Last year the country...
...Norway, where whale oil has been used as an ingredient in margarine, the price has fallen largely because of heavy competition from fish oil; whale oil is now $163 a ton, one-third less than it was a decade ago. One way to overcome the price drop might be to follow the Japanese example and process every part of a whale, from tooth to tail fluke. But this means a considerable extra investment in factory-ship equipment that the Norwegians are no longer willing to make, especially since their government, while urging them to continue whaling, has offered no subsidy...