Word: oiling
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Dates: during 1920-1929
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There was little satisfaction for Convict Sinclair in the knowledge that, by simultaneous decision of the Supreme Court, he was to have a friend in the jail with him-Manhattan's Henry Mason Day, the friend who had tried to help him in his first oil scandal trial and received a four-month sentence as a result...
...November 1927, Sinclair went on trial in Washington for conspiracy to defraud the U. S. in the leasing of the Teapot Dome naval oil reserve. Secretly he hired a squad of 14 detectives from the agency of William J. Burns to "investigate" his jurors. Friend Day actually arranged for their employment and received their daily reports. Midway through the trial the government, through undercover men of its own, discovered Sinclair's method of shadowing justice. A mistrial was immediately declared...
...perfectly legal for the first two men to make an oil-production agreement within their State, and the other two men to make a similar agreement within their State, and then for the two States to join those agreements together into an interstate compact or treaty...
...office boy for no less famed an employer than John D. Rockefeller Sr. (The present "Taplin interests" include a vague but potent backing from the Rockefeller family, whereas the Van Sweringens are more directly indebted to the House of Morgan.) Mr. Taplin's father was manager of the refined oil department and was later vice president of the old Standard Oil Co. But it was coal, not oil, that founded the Taplin future. In 1900 Mr. Taplin became salesman for Pittsburgh Coal Co.; by 1912 he was sales manager. Soon he left Pittsburgh Coal Co., founded Cleveland & Western Coal...
Following general advances in the price of crude oil. Standard Oil of Indiana and Sinclair Refining (subsidiary of Sinclair Consolidated) announced increases in the wholesale price of gasoline (½? to 1? a gal- lon on carload lots). Meanwhile production continued to ride boisterously in advance of previous figures and President Hoover himself was moved to call an oil-restriction conference which, meeting...