Word: fleetingly
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...President Coolidge named a special commission to study the best means of preserving the nation's oil reserves. The commission consists of Dr. G. O. Smith, Director of the Geological Survey, Admiral H. P. Jones, former commander of the U. S. Fleet, R. D. Bush of the California State Bureau of Minerology. Said the President: "The purpose for which the naval oil lands were set aside was to provide reserves for the future. In order to do this in the best manner the oil should be, wherever possible, retained in the ground. Where this is not possible, however...
...obviously handicapped by this advantage of the British shippers, as they are by the undiversified character of American export trade. And against economic disadvantages governmental policies are of singularly little avail. But while the prosperity and dominance of an earlier era may never return to the American merchant fleet, the record of the Leviathan seems to point out one possible field for exploitation: the development of a swift "liner" service across the Atlantic...
...Navy. The entire fighting strength of the British Navy began manoeuvres off the Balearic Islands in the Spanish Mediterranean. Admiral of the Fleet Earl Beatty witnessed the operations which included a night attack against an imaginary enemy fleet...
...answer to a host of adverse criticism which appeared in the press of France, Spain and Italy, the Admiralty let it be known that, in sending the Fleet to the Mediterranean, it was only returning to the historic policy, temporarily abandoned 15 years ago, of using that sea as a base...
Under Lasker and Farley the Shipping Board ruled over the fate of the Government's merchant fleet. Under the recent reorganization of authority, the man responsible for the conduct of the Government's shipping business is no longer the Chairman of the Shipping Board, but the President of the Emergency Fleet Corporation-Admiral Leigh C. Palmer. The change has converted the Shipping Board from a body of ship operators, to a body engaged in the general regulation of ocean-borne commerce. It is now principally a sort of Interstate Commerce Commission of the sea. And the smiling...