Word: oiling
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Dates: during 1920-1929
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...Oil. Inquisitor Walsh of Montana (Committee on Public Lands) traced remnant tentacles of the Oil Scandals...
...like sort is the problem that has long confronted the Federal courts and square-jawed Thomas James Walsh, Arch-inquisitor of the Senate Committee on Public Lands, in the strange transactions of three oil companies remotely connected with the Oil Scandals. The ultimate object of reviewing these transactions is to expose the supposed source of the Liberty Bonds which Oilman Harry Ford Sinclair is known to have given Albert Bacon Fall, defamed Secretary of the Interior who leased Teapot Dome to Sinclair. But the immediate motive, when Inquistor Walsh renewed his inquiries last week, seemed compounded as much of professional...
...some portly oil barons met in a Manhattan hotel room and the now-extinct Continental Trading Co. of Canada bought 33,333,333 bbls. of oil for $1.50 per barrel. The same day, the Continental Co. sold the same oil for $1.75 per barrel to the Standard Oil Co. of Indiana, instantly netting some eight million dollars on paper.* The strange thing was that a third company, which guaranteed the Continental purchase, was jointly owned by Sinclair, who controlled Continental and the Standard Oil Co. of Indiana, which was buying from Continental...
...Robert W. Stewart, brisk, bulky board chairman of the Standard Oil Co. of Indiana, know where Continental was buying $1.50 oil? He did. He also knew that the oil would cost him $1.75 from the same source, for reasons beyond his control. Since oil was commanding $2 per barrel elsewhere at the moment, he felt he was serving his Indiana Standard stockholders well in helping to guarantee to Sinclair, as cunningly inevitable middleman, a profit which Indiana Standard could equal in turn. "It was a good buy," he said...
Certain-Teed Products Corp. and of Beaver Board Companies agreed on a $45,000,000 consolidation. Certain-Teed makes shingles & other roofing materials, building & insulated papers, dry asphalt & tarred felt, linoleum and other floor coverings, oil cloth, plaster and gypsum products, paints, varnishes, enamels. Beaver makes roofing materials, gypsum and plaster products, wood fibre boards...