Word: oilmen
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Dates: during 1930-1939
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...Harry Sinclair's pronunciamento was a small loss on Consolidated's operations in the first quarter (figures not made public). Since last year when the Government convicted a batch of the major oil companies under the Sherman Act, fear of further anti-trust suits has kept oilmen from attempting to do anything about relieving the market of distress gasoline stocks, which have reached an unwieldy total. Refiners now get an average of .7 cents a gallon less than they did last year. Crude production, however, has been kept within reasonable bounds by State proration laws and the official...
Planners. A real estate man named Joe Dixon (who got a season pass to the fair for his pains) started the whole show exactly six years ago with a letter to the San Francisco News. Oilmen, steelmen and Mayor Angelo J. Rossi got behind Mr. Dixon's original idea, which was to celebrate completion of San Francisco's two great bridges. Chosen president of the fair corporation was Leland W. Cutler, who is no gardenia-fragrant showman like New York's Grover Aloysius Whalen,* yet is just as sound a financier and heady planner. An engineer named...
...took martial law in two States and the best efforts of Secretary Ickes and the NRA to get the price up again. When NRA went out, oilmen relied on proration: no well in the East Texas field was allowed to run off more than a fixed amount (now an average of 20 barrels a day), and an Interstate Oil Compact, promoted by Oklahoma's Governor Ernest Marland, spread production control to six States-Texas, Oklahoma, Kansas, New Mexico, Colorado, Illinois. Carefully the price was built back...
...proposed increase was the Mexican Government's way of settling a strike by 18,000 Mexican oil workers which seriously threatened Mexico's depleted Treasury, greatly dependent upon taxes paid by foreign oil interests. Oilmen, already spouting over vigorous President Cardenas' expropriation of 850,000 acres of undeveloped oil lands leased by foreigners, objected vigorously and the wage problem was referred to a Mexican board of arbitration and conciliation. Even friendly U. S. Ambassador Josephus Daniels protested...
Chinese built the 450-ton Panay, designed especially to protect U. S. shipping from Chinese river pirates on the Yangtze. She was launched at Shanghai in 1927. Last week she lay in the river at Nanking, taking off U. S. Embassy secretaries, Standard Oilmen, correspondents, cameramen and other U. S. citizens who had dared to stay on until the last moment before Nanking's fall (see col. 2). Her job done and shells coming far too close for comfort, the Panay moved away, anchored beside three Standard Oil ships in a more peaceful spot, 27 miles upstream from...