Word: petroleum
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Dates: during 1930-1939
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...Appointing three members of a new National Mediation Board to settle railway labor disputes: 1) William M. Leiserson, Estonian-born economist, who on the day of his appointment resigned as chairman of the Petroleum Labor Policy Board to return to his job as Professor of Sociology at Antioch College. 2) James W. Carmalt, longtime legal adviser to the Interstate Commerce Commission and now adviser to Railway Coordinator Joseph B. Eastman. 3) John Carmody, onetime mediator for the National Labor Board, now chief engineer for Federal Emergency Relief Administration...
House Post Office Expenditures 5,000 Judge Ritter of Florida 5,000 Revenue Laws 10,000 Bankruptcy & Receivership Proceedings 17,500 Conservation of Wild Life Resources 7,500 Nazi Propaganda 30,000 Holding Companies 100,000 Veterans' Pensions 7,500 Petroleum Industry 25,000 War Department Expenditures 30,000 Tin Resources of World 10,000 Congressional Campaign Expenditures 10,000 Bond Holders Committee...
...largely because of strike fears. Inventories of tires have reached the highest point since 1930. In such basic commodities as coal and sugar the maladjustment is growing worse. Two conspicuous exceptions are the woolen industry, which is now in one of the most favorable statistical positions in history, and petroleum, on whose outlook Economics Statistics differs with President Roosevelt, finding stocks of crude oil and gasoline by no means out of line with current consumption. But for industry as a whole the service declared: "It is obvious . . . that a curtailment in production schedules of considerable proportions is necessary...
...Gasoline prices have lately been upped over wide areas. The month-long strike of service station operators and tank-wagon drivers in Cleveland has been settled. There was talk of a fuel oil shortage. The industry's earnings for 1933 soared above those for 1932. At the American Petroleum Institute's semi-annual convention in Pittsburgh last week Consolidated. Oil's J. E. Dyer key-noted: "The oil industry under the code has made definite, unmistakable progress in the past year." There was still a deal of pother about overproduction but John Investor would have gathered from...
...from the front page where his President's words are recorded, John Investor got a far different impression. "I have received a disturbing letter from the Administrator for the Petroleum Industry, Hon. Harold L. Ickes, informing me of the continued daily production of oil in excess of the maximum amount determined on by the Administrator," President Roosevelt wrote last week to interested House and Senate committees. "Records of the Bureau of Mines during the first three months of this year show a daily average production of 'illegal' oil of 149,000 barrels. Technically speaking, this...