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Word: oiling (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Career. Appointed state tax commissioner at 24, he became at 31 general manager of the W. T. Waggoner estate, a land, cattle and oil empire sprawling over six Texas counties. Turning down inviting offers-among them the $75,000-a-year presidency of the American Petroleum Institute- he stuck with the estate, expanding it steadily. In late 1952, on the advice of Texas' then-Governor Allan Shivers, Dwight Eisenhower nominated Anderson as Navy Secretary. Never before aboard an ocean-going vessel, Anderson navigated the Navy expertly from his swivel chair. Item: with rare courage he reversed the decision...

Author: /time Magazine | Title: National Affairs: NEW TREASURY BOSS | 6/10/1957 | See Source »

...weekly payroll. The country's foreign-trade balance was unfavorable by 221 billion francs during the first four months of 1957. A billion dollars earned by French exports in better days has been dissipated during the past 18 months. A quarter-billion dollars went to pay for oil, which before last October was bought with francs or sterling, and shipped through the Suez Canal. The treasury's reserves of gold and foreign currency are at a low in recent years. Said one Budget official: "We can always get the Bank of France to print more francs...

Author: /time Magazine | Title: Foreign News: The Little Plum | 6/10/1957 | See Source »

...played it safe: he pulled in for the third time. Just 34 seconds later the Belond was filled with gas, oil and water, three of its tires had been replaced and it was rolling on new rubber. Sam was still six seconds in the lead. By the time he whipped past the finish flag, he was 17.35 seconds in front of Jim Rathmann's Chiropractic Special (named after its sponsor, Chiropractor Ray Sabourin). He had careened around the 500-lap course in 3 hr. 41 min. 14.25 sec., an average of 135.601 m.p.h.-the fastest 500 on record...

Author: /time Magazine | Title: Sport: Sweet & Low | 6/10/1957 | See Source »

...cars, from the midgets to 500 monsters. "This is the only ambition I have left in racing," he said before last week's race started. "When I win the 500, I'll hang up my goggles so fast it'll make their heads swim." Wiping the oil off his face, Winner Hanks, who split $103,000 in assorted prizes, announced that when the season ends he will retire and return to Southern California to look at Pacific sunsets...

Author: /time Magazine | Title: Sport: Sweet & Low | 6/10/1957 | See Source »

...hotelkeepers and other custodians of public and private buildings: What to put on the walls? Lowitz' answer: "original" paintings. In providing that answer, genial, garrulous Martin Lowitz, 61, has become the founder and entrepreneur of the world's biggest, and perhaps only, mass-production line for oil paintings...

Author: /time Magazine | Title: Art: Painting Factory | 6/10/1957 | See Source »

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