Word: oils
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Dates: during 1930-1939
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...overboard went a cylindrical depth charge, then another and another till seven had geysered salt water up into the air. The destroyer Hasty zipped at 38 knots to the rescue of her sister ship, but by the time she got there the surface of the sea was iridescent with oil. The mystery submarine had apparently been sunk. Two days later the British tanker Woodford was sunk by two torpedoes fired at point-blank range from a submarine whose identifying number had been crudely painted...
...June with the failure of the Rightist offensive against Madrid, Leftist officials predicted that one of the next moves of the Franco government and its foreign supporters would be unrestricted submarine warfare to prevent oil, munitions, food, reaching Leftist Spain. Privately last week many of them were admitting that this campaign was being uncomfortably successful...
...revolution" admittedly only 30% complete, President Cardenas set out the accomplishments of the first three years of his six-year term: 1) the Government has nationalized 7,000 miles of railroad; 2) the National Petroleum Administration, in competition with foreign-owned companies, has strengthened the nation's oil economy, may lead to eventual nationalization of the industry; 3) agricultural production has increased. The land-division among the peons will be pushed to a conclusion; 4) the Government now has 40 tons of gold in reserve, a coverage of almost 40% on outstanding banknotes. This was the first time...
...drew cheers from the legislators when, in the manner of Franklin Roosevelt's "both your houses" remark (see p. 11), he attacked recent strikes caused by political squabbles, called inter-union conflicts "unjustified," said they served to "give arms to our enemies." With a warning to American, British, oil and mining interests, Rightist sympathizers, that the revolution would proceed despite "discontent at popular conquests," the President sat down. As he did so a cameraman tumbled off the platform. Superstitious Congressmen muttered among themselves that this was a bad omen...
This week genial U. S. Ambassador Josephus Daniels, fresh from a conference with President Roosevelt, informed the Mexican Government that "Washington is interested in the situation confronting the petroleum companies." Fear that the U. S. $200,000,000 oil interests, the U. S. $500,000,000 mining interests will be squeezed out by taxation, higher wage demands, has been haunting American industrialists in Mexico during Cardenas' term. Taking the first important formal step affecting U. S.-Mexican relations in four years, the Ambassador warned that "anything that would disturb the status quo and good relations would be regretted...