Word: oils
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Dates: during 1940-1949
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Representatives from hog districts, textile states, cattle regions, automobile centers, oil country, cotton belts and dairy lands logrolled pet peeves into law. In the crush, Connecticut's Herman P. Kopplemann offered an amendment of "sympathy to the American people," heard it voted down by a whacking majority...
Like pressagents, oil promoters and manufacturers of face mud, witches must never allow a client to feel doubt about the product. This is particularly true in the matter of hexes and evil spells. When scraggly-haired, Mexican-born Mrs. Martina Cordova burned black candles and stirred up foul-smelling liquids in her Denver rooming house, she looked very impressive. But her method of applying and removing hexes was too routine...
Manchuria's mightiest industrial enterprise is the Japanese-built Fushun Combine-a nexus of aluminum, shale oil, steel and power plants based on the world's biggest open-pit coal mine. The Russians stripped Fushun of much of its heavy machinery, let its coal production fall from 10,000 tons to 1,000 tons a day. Last month their army pulled out, leaving behind 20-odd Soviet mine and railroad officials with orders to operate the Combine jointly with the Chinese. But the technicians sent in by Chungking had other ideas. TIME Correspondent Richard Lauterbach cabled this story...
...test his method, Keith raised $1,250,000 from oilmen, built a pilot plant at Olean, N.Y. It produced only ten gallons a day. But this was enough to sell to RFC and the oil companies. Carthage will get Keith's patents royalty-free, but will pay his research firm $100,000 a year for engineering advice on running the plant...
...slim profit margin. It will cost slightly more than 4? a gallon to produce gasoline, which now sells wholesale for 6¼?. The company will be able to keep its cost of making gasoline down by selling the by-products of its process-1,164 barrels of Diesel oil and 70,000 pounds of alcohol a day. But if the price of gasoline should fall far enough, the profit may well disappear. RFC and the oil companies think the gamble well worth while: if the venture succeeds, it may eventually increase the potential gasoline production...