Word: sinclairs
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Dates: during 1950-1959
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...book reviewers would realize that they are confirming C. Wright Mills's suspicion that America is well on its way to hell when they give, in the April 30 issue, nothing but cheers to Franchise Sagan's "tale of extramarital fun" and nothing but sneers to Upton Sinclair's "temperance tract." How can the American people be other than "morally bankrupt" when the men who help to mold opinion (such as TIME'S book reviewers) operate under the code that naughty is nice, good is glum...
...Secretary of Commerce Sinclair Weeks will not call a press conference until he can get off an optimistic statement," wrote Hearst's jocose Columnist George Dixon last week. "This has led the press to refer to his seminars as 'cheery outlooks.' " When newsmen gathered in Weeks's office later that morning, Weeks was still chuckling over Dixon's dig. As usual, the Secretary was also brimming with optimism. Said he: "I think the outlook is still cheery...
HIGHER OIL PRICES are on the way, says Sinclair Oil Corp. President P. C. Spencer. Though producers have held prices fairly stable for almost three years, the cost of finding oil and the cost of refining it are rising so fast that the industry wants a flat 20% hike in the price of crude oil, with commensurate price boosts for all refined products...
...since the year began. As the first quarter ended, New York's Guaranty Trust reported in its monthly survey that businessmen had virtually stopped talking about a slip in business, more and more were talking about a "boom already set to start rolling again." In Washington Commerce Secretary Sinclair Weeks said that business activity was hitting a pace undiminished from the record rate reached in the final 1955 quarter, with chances "better than even" that '56 business would top the previous year...
Standard of California tacked on new projects for cracking plants worth another $70 million. Still another was Sinclair Oil, which turned a profit of $80 million in 1955 (some 8% better than 1954), and plans a huge expansion program. Since 1951, Sinclair has spent $750 million on capital improvement. Said Sinclair's President P. C. Spencer: "Our estimate of the future offers no prospect that such expenditures will be less over the next five years. They may well be substantially greater...