Word: oils
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Dates: during 1930-1939
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...Italy the position was that if Britain should do anything silly, such as have the League of Nations add oil, the lifeblood of Italy's war machine in Ethiopia, to the list of products banned under Sanctions, then Dictator Benito Mussolini might indeed do something silly. As the polished diplomatic game of understatements and euphemisms in three languages went on last week, a distinct possibility grew that, as in 1914, the talented Ambassadors, Foreign Ministers, Premiers, Presidents and Kings of Europe may find to their genuine surprise and dismay that a situation has been created calling for their soldiers...
From a distance of 3,000 miles the game in Europe strongly impressed Canadian Premier William Lyon Mackenzie King last week with a desire to prevent Canada from being blamed in any case for starting a new World War. The proposal to add oil to the Sanctions brew was not made by "The White Knight of Geneva," handsome young British League of Nations Minister Captain Anthony Eden, nor by his Government. With the seasoned diplomat's flair for keeping his own fingers out of the broth, Captain Eden went around to the League's International Labor Office...
Died. Charles Millard Pratt, 80, onetime (1899-1911) executive and director of the original Standard Oil Co. of which his father was cofounder, onetime president of Brooklyn's Pratt Institute; after a ten-year illness; in Glen Cove...
Even with the best of intentions, President Roosevelt is in no position to go far on the road to neutrality. He can only list materials of an obvious military character, such as machine guns and poison gases, while knowing as well as any one-else that oil, scarp iron, and cotton are equally necessary to a country at war and must be withheld for the sake of true neutrality. All the pleading in the world will bore American businessmen as long as they are legally permitted to sell oil to the belligerents...
...next session limit the amount of our exports to a peacetime average. This meets every moral requirement, of course, but will do little to keep America out of war. If the war spreads to Europe and blockades are established, there is as much risk in shipping a barrel of oil or a bale of cotton as there would be in a whole shipload of the commodities. This country wants a program of strict and workable neutrality in which all exports whatsoever to a country at war shall be forbidden, and it is the duty of Congress to put this through...