Word: standardizer
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Dates: during 1940-1949
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...There is simply no lift in it, no shock, no sis-boom-ah . . . Put the second person pronoun and the adjective old in front of it and scarcely enough bounce is left in it to shake up an archdeacon. Worse, it is frequently toned down to s.o.b. ... In Standard Italian there are no less than forty congeners of son-of-a-bitch, and each and every one of them is more opprobrious, more brilliant, more effective...
...Washington went Oilman James A. Moffett. As chairman of two of Aramco's affiliated companies, and onetime $125,000-a-year vice president of Standard Oil Co. (N.J.) and later of Standard Oil Co. of California, gregarious Jimmy Moffett knew the oil business inside & out. As onetime Federal Housing Administrator and an old friend of Franklin D. Roosevelt, he also knew politics and politicos. He soon fixed things so that Ibn Saud was taken care of. But Jimmy Moffett complained that nobody ever took care of him for being such an influential person. Six years later he sued Aramco...
Memo for the King. Last week, after eleven days of testimony in Manhattan's Federal Court, Moffett's influence as a public official seemed well established. Aramco brought out that when Moffett was housing administrator in 1934-35, he had asked Standard of California to take him off its payroll as vice president, but had later demanded $100,000 (and got $25,000) for "out-of-pocket" expenses while away. He wrote Standard: "I was really doing more work ... for the Standard Oil Co. than if I had remained in the office at 30 Rockefeller Plaza." In another...
Foreign Investment. Two oil companies made the first big postwar investments of U.S. private capital in Italy. Standard Oil Co. (N.J.)* became a partner in Italy's rig ANIC (Azienda Nazalonale Idrogena-zione Combustibili), by putting up $6,000,000. It will get a 50% interest in a new company which will modernize and operate two ANIC refineries, with a combined daily capacity of 16,000 barrels, at Leghorn and Bari. Caltex Oil Products Ho., joint subsidiary of the Texas Co. and Standard Oil Co. of California, bought an interest in Italy's Petrolea S.A., subsidiary of FIAT...
...Egypt, where Jersey Standard had invested $12.5 million, the company last week suspended operations "indefinitely." The principal reason: recent interpretations of Egyptian law blocked standard from exporting crude to its European refineries...