Word: fisticuffs
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Things are looking up in the fisticuff business. For years it has been unexciting largely because it was held in the horny hollow of one man's hand, Tex Rickard's. Others sought to enter the field of promotion from time to time but failed because they could not cope with the supreme showmanship of the old master. Then Rickard died (TIME...
...that gesture was a slap, last week's was a fisticuff. The Soviets last week granted to Standard Oil interests right to sell Russian oil for which British companies, notably Royal Dutch-Shell, had long been striving. The Standard Oil rights included: 1) two years' monopoly of selling Russian oil in Egypt; 2) 500,000 tons of raw naphtha for sale in Mediterranean countries; 3) 500,000 tons of fuel oil for Standard Oil ship filling stations at Constantinople, Port Said and Colombo; 4) six years' rights to get oil for its tanker fleet from Russian Naphtha...