Word: wormser
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Dates: during 1950-1959
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...Government is now reviewing the barter system, may curtail or even drop it. While miners would welcome that, they fear an end to stockpiling, which would increase imports and send prices down. Last week, before a meeting of the American Zinc Institute, Assistant Interior Secretary Felix Wormser said frankly that stockpiling, which last year scooped 15% of slab zinc output (an amount almost equaling 1956 imports) off an overloaded market, has met its goals and will end "in a matter of months." The only solution for the miners' troubles, said Robert Hendricks, vice president of the Consolidated Mining & Smelting...
...been a mistake. To fill one April order of 2,900,000 bbl. of crude for Europe, Humble has found 2,500,000 bbl. readily available. In Washington, where the Administration had criticized the oil industry for supposedly failing to supply Europe with enough oil, Assistant Interior Secretary Felix Wormser told the House Interstate and Foreign Commerce Committee that U.S. oil lifters had supplied more than 90% of Europe's needs during the shortage, now deserve a handsome "well done...