Word: oiling
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Dates: during 1930-1939
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...months until a permanent act could be written. Its chief provision was to place a mandatory embargo on the shipment to warring countries of "arms, ammunition and implements of war," (which were later defined by the President to include airplanes, various chemicals, armored vehicles but not cotton, oil, scrap iron, trucks, etc.). It also forbade U. S. citizens to travel on vessels of warring nations except at their own risk...
...Administration wants to amend the embargo provision out of the bill-possibly by a cash & carry clause (not to be confused with the last law's cash & carry provision which applied to "nonlethal weapons"-cotton, oil, steel, etc.; this would apply to actual arms). If this should happen Britain and France would be able to count in the event of war on the armament and powder factories of the U. S. as long as they had money with which to buy. They would have enough money for a time. Together, the British and French have about...
...case, the U. S. cannot make a decision of any sort that will not profoundly alter the balance of world power. With half the steel capacity of the world, with immense reserves of cotton, oil and wheat, any U. S. decision that materially limits war-time shipments would in effect alter world geography as much as if Hitler seized the Ukraine. Lesser embargoes would amount to lesser geographical rearrangement. So regardless of intention, the U. S. plays a part in power politics-with the responsibilities and the risks of a world power...
Strategy. The region where the Japanese and Soviet Mongols are fighting is known to contain coal and quite possibly oil. Furthermore, no one knows for certain where that part of the border between Outer Mongolia and Manchukuo is. More important than these potential causes of the conflict, however, is the fact that the Lake Bor district lies directly across the probable line of march of a Japanese invasion into central Siberia, and on the left flank of a Russian attack on the Japanese positions in North China. Control of Outer Mongolia may be the decisive factor in a future Russo...
...Gustav Egloff, ace researcher of Chicago's Universal Oil Products Co., last week revealed that he had devised a new way to make synthetic rubber from butane gas. Butane, used for heating, welding, motor fuel, is extremely plentiful and cheap. It is present in natural gas, is also a by-product in oil refining. Dr. Egloff estimates that from these sources 15 billion pounds of U. S. butane are available every year...