Word: exploitationism
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Theodore Roosevelt began Conservation in 1907 by withdrawing 16,000,000 acres of forest land from commercial exploitation. William Howard Taft in 1909 withdrew 7,000,000 acres of oil-bearing land. In 1920 Congress passed an oil-leasing act which upset the Roosevelt-Taft policy by permitting the Secretary...
The only protest against the Hoover oil policy came, ironically enough, from Montana's Senator Walsh, the dynamite who blew the oil scandals above ground. Some of his criticisms were: 1) the "wildcatter" whose enterprise developed the oil industry will be penalized; 2) the State of Montana would be...
"Not for self-exploitation nor for profit but as a gesture of international friendliness," there sailed from Manhattan last week on the S.S. Leviathan the sixty members of the Dayton (Ohio) Westminster Choir, for a two-month European tour beginning with seven concerts in England, going then to France, Germany...
Later in the day French Tunnel President Yves Le Trocquer cried happily to correspondents: "Absolutely everything on the French side is ready! This time our British friends seem clearly to favor realization of the project. Only one thing remains : that is, for the British government to create as rapidly as...
Last week Consolidated Aircraft Corp. of Buffalo delivered its first 32-passenger flying boat, the Admiral, to the Navy, whose men tried it out at once at Anacostia, D. C., and found it reliable. The event was significant. In the present industrialization of aeronautics two factors have become highly important...