Word: oiling
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Dates: during 1950-1959
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Potent Arm. Mayor Lawrence appeared on the municipal scene just when Financier Richard K. Mellon (Mellon National Bank, Gulf Oil, Alcoa) and a platoon of lesser tycoons were preparing to rip their dowdy old city apart and rebuild it. Lawrence proved to be a valuable political ally. He ordered strict enforcement of smoke-control ordinances, pressured Democrats at Harrisburg and Washington to pass laws and approve appropriations that helped build new roads, bridges and dams. His reward: the business community's gratitude. Four years ago Lawrence's Republican opponent was not even invited to participate in the face...
Actually, besides germs in water and food, doctors indict other villains, including the oil used in cooking, hot seasonings, even climate, altitude and just plain overeating. Mexicans, among whom dysentery is endemic, use such home-grown remedies as guava juice and seeds, guava-leaf tea, cactus pear seeds. Medically more accepted remedies: bismuth and paregoric, or in well-diagnosed cases under a doctor's care, the newer antibiotics. Currently popular is a new nonprescription tablet made by Ciba Pharmaceuticals called Entero-Vioform (an antiseptic containing iodine). A lot of these treatments, Mexicans hope, may become unnecessary as a result...
...without a nest since Egypt nationalized its big ditch, last week voted itself another career. In Paris, founder stockholders formally launched, the company into new business worlds as a French investment trust corporation. The Suez Canal Co. will invest $2,800,000 in French companies digging for oil in Algerian Sahara, and already owns a 30% chunk of the planned English Channel tunnel project. Other projects under consideration: oil ventures in Canada, iron deposits in North Africa...
Died. Erie Palmer Halliburton, 65, cranky, crusty farm-boy-to-riches oil tycoon, inventor of new methods of oil-well cementing (his "jet mixer" paved the way for mass production of well casings); after a three-year lung illness; in Los Angeles. Once so broke his wife had to pawn her wedding ring, Halliburton got his break in 1919 when he controlled a wild oil well for the late Oklahoma Wildcatter "Wild Bill" Skelly. formed his own company in 1920 (the Halliburton Oil Well Cementing Co. last year grossed $176,464,666), spread his empire into many fields, including pioneer...
Assuming that the United States has no interest in the Middle East beyond assuring a steady flow of oil to Europe, there can be no excuse for attempting to overthrow any existing government. Syria is not dominated by Communists, only by nationalists, but any attempt to install an American-dominated government by force will certainly result in a pro-Communist reaction...