Word: sirs
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Dates: during 1920-1929
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Having arrived at the convention, Sir Henri made what is reputed to be his first formal speech, talked on "Common Sense in the Oil Industry," said no more about his "no compromise" position. Said he: "The idea that it might be possible that the 'collecting department' [that which supplies the public] could be some Government or combination of buyers who will dictate to the producer the minimum with which he ought to be content so that he may be kept alive, is bound to be shortlived because it is entirely illogical. . . . Do not be led away by the noise...
Production. Aside from Sir Henri and the Shell-Socony war, oilmen were chiefly interested in the perennial problem of overproduction. When 1929 began, there were in storage 625,000,000 barrels of crude oil, representing excess of production over consumption. Production during 1929 totaled about 200,000 barrels a day over consumption, so that at the end of the third quarter the 600,000,000 barrel excess had increased to 675,000,000 barrels, or about enough for eight months consumption. During 1928 oil wells produced about 900,000,000 barrels; during 1929 the production will reach an even billion...
...hits the pillow. His only outside interest is hunting and fishing. He is an active member of a Canadian fishing camp and a hunt club in Georgia. Of his champion setter, Mary Blue, he is particularly proud. Mr. Teagle is one of the few Standard Oil men of whom Sir Henri Deterding approves and the two have hunted together on Sir Henri's estate in Scotland...
...packs off Cape North, Siberia, last week. Flyer Eielson knows the Arctic as well as the palms of his slim, steady hands, off one of which (the left) the Arctic cold bit a finger one day when his plane was forced down. For several years he piloted Capt. Sir George Hubert Wilkins, explorer, over icy wildernesses. Their greatest exploit, as great a piece of avigation as ever was done, was flying from Point Barrow, Alaska, over converging meridians of longitude and across shifting uncharted lines of magnetic force, to Spitsbergen (TIME, April 30, 1928). Last year Eielson flew Sir Hubert...
...15?Start of Sir Hubert Wilkins' expedition to Antarctica...