Word: ricketts
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...declared a "sphere of Italian influence." This area is being visualized by thinking of Ethiopia, which is roughly round in shape, as the face of a watch. Then all of Ethiopia covered by a minute hand as it sweeps around from 12 to 8 is covered by the Rickett Concession. Not in this area is Lake Tana, vital water source of the Anglo-Egyptian Sudan. On the imaginary watch, Tana is at the tip of the hour hand...
...token of His Majesty's assent. What had he done? It all depended on who Fat Chaps' backers really are. Every undeveloped country is fair game for plausible promoters who go about hinting that they represent du Pont, or De Beers or Krupp. Last week Francis M. Rickett said that his backers were Standard Oil and British capitalists whom he refused to name. They are putting in, he said, $50,000,000 and work will start almost at once on roads, telegraphs, railway and pipe lines. "War or no war," said Fat Chaps, "we are going ahead...
Boarding an airplane provided by the Emperor to take him to an unannounced destination, Promoter Rickett fired this parting shot: "I should like to say to Mussolini, who is an old friend, that there is plenty of room for Italy to participate in the exploitation of such a hospitable land as Ethiopia without starting...
Smeared Britons. In Wall Street, aside from the fact that officials of numerous Standard Oil companies and subsidiaries denied any connection whatever with Francis M. Rickett of whom they said they had never heard, the U. S. fiscal reaction was: "This whole thing looks queer." With President Roosevelt just done up by the Senate in a neutrality cat's cradle, what U. S. syndicate, asked Wall Streeters, has millions to risk in Ethiopia, where U. S. economic interest would have to begin by calling for the Marines...
...total but too simple explanation of Fat Chaps would be that Mr. Rickett is lone-wolfing, that he got the concession by making Power of Trinity and his Yankee adviser believe that Standard Oil can stop Mussolini, and having obtained the concession, will now try to sell it to the highest bidder-perhaps even to Mr. Rickett's "friend," Benito Mussolini. The Rickett Concession was granted to "the African Development & Exploration Co." This was recently set up as a Delaware corporation by a discreet Manhattan firm which makes a business of incorporating dummy concerns and keeping their secrets...