Word: standardized
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Dates: during 1950-1959
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...friends," Red China's Red Cross assured the remaining P.W. turncoats, "you are also entirely free to leave China of your own will." With unaccustomed humility, Peking radio offered its explanation to the outside world. "China is an economically backward country which has just begun its construction . . . The standard of living cannot be raised rapidly. There are differences between the customs and ways of life of the Chinese people and the European and American people . . . the language difficulties . . . the marriage problem." Red China, adopting conciliatory tactics alongside the Russians beneath the low eaves of Western pressure, smoothly wished...
...that Spindle-top's escaping gas and foul water indicated oil. The experts had scoffed in a body. At the time, America's 58 million annual barrels of oil came from the east, mainly Pennsylvania. John Archbold, one of the lords of John D. Rockefeller's Standard Oil monopoly, had snorted that he would drink every gallon of oil produced west of the Mississippi. Calvin Payne, Standard's production genius, conversant with fields from Baku to Borneo, had come to Spindletop and warned: "You will never find oil here." The U.S. Geological Survey agreed with Standard...
That was a turning point in the history of the U.S. economy. The first Spindletop gusher transformed the U.S. oil business from a tight little enterprise hobbled by the Standard Oil monopoly and near-exhausted wells (each pumping an average 10 to 50 barrels daily) into an enterprising giant. That first well alone turned out as much oil as 37,000 eastern wells combined, and by year's end production of Spindletop's 138 wells more than equaled that of the rest of the world. Before Spindletop, Russia was the world's No. 1 producer; afterward...
Spindletop took petroleum out of lamps and lubricants, put it into gas tanks and made it a source of cheap power. It cracked the coal's monopoly grip on fuel and Standard's grip on oil. Before Spindletop, Standard directly controlled 83% of America's annual 58 million barrels; a year later it was just another competitor. Spindletop gave birth to the entire Texas oil industry and to two of its giants: Texaco and Gulf...
...state of California and 50 ft. deep. But in many sections of the U.S. a serious water shortage exists or is developing. The real problem is one of distribution -how to get the water where it isn't. Shortages crop up because a growing population and a rising standard of living (e.g., 35 million bathrooms now v. about 13 million in 1930) are multiplying the demand faster than the U.S. is learning how to use its supply. For every one of its 165 million people, the U.S. uses an average of about 1,500 gallons of water every...