Word: petroleum
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Dates: during 1930-1939
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...small, tasty shrimps of southeastern Alaska, the herring and shellfish industries are underdeveloped. Yukon mink bring the highest world prices, but could have production expanded 100 times without sinking the world price. Petroleum resources have not even been tapped...
...Britain, not with France, but with Germany. Germany would give the Soviet Union seven-year 5% credits amounting to 200,000,000 marks ($80.000,000) for German machinery and armaments, would buy from the Soviet Union 180,000.000 marks' worth ($72,000,000) of wheat, timber, iron ore, petroleum in the next two years. And at Monday midnight the official German news agency announced from Berlin...
Other investigations-monopoly, petroleum, tax revision, banking, forestry, fisheries, wild animal life-will play to smaller houses. Biggest show of all would have been the proposed investigation into the alleged Mexican oil dealings of Pennsylvania's onetime oilman, Senator Joe Guffey. In announcing the Senate Foreign Affairs Committee's decision to quash the investigation, Senator Connally of Texas wisecracked: "We've just dry-cleaned Joe." == Call for this inquiry arose from stories written by top-flight Reporter Marquis Childs in the St. Louis Post-Dispatch, and by pretty Ruth Sheldon in the Saturday Evening Post. Mr. Guffey...
...last June heavy-jowled Oilman Harry Ford Sinclair, sick & tired of the red ink on the ledgers of his sprawling Consolidated Oil Corp., fixed his steely blue eyes on the brawling petroleum industry and made a statement for all to hear. Said he: "The price of [finished] products must go up or the price of raw material must go down...
...probably hit its peak around 1846 when lusty Yankee whalers out of New Bedford and other New England ports came home with some $8,000,000 worth of crude whale oil. But by 1900 the U. S. industry had passed into history due to the exploitation of cheap petroleum products and a scarcity of whales. Since then it has revived, but last week it appeared that it might be doomed once more...