Word: oil
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Dates: during 1950-1959
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...Missouri's Stuart Symington could. This was enough to start a cautious Symington-Brown boomlet, which Symington backers hope to push into a second stage next winter at a Symington testimonial dinner in Missouri-with Brown as the featured speaker and most favored veep. ¶In Norman, Okla., oil-rich Oklahoma Senator Robert S. Kerr (himself a Democratic presidential hopeful in 1952) was quick to announce his support of Colleague Lyndon Johnson's candidacy. ¶ In Peoria, Ill., Lawyer Stephen Mitchell, Democratic National Committee chairman during Adlai Stevenson's 1952 campaign, announced his candidacy for the Democratic...
...Arabs' economic blockade of Israel has probably caused Israel more injury than Arab armies did in two wars. It has effectively deterred Israel's plans to set itself up as an industrial nucleus to serve Middle East markets. Such well-known U.S. firms as Philco Corp., Standard Oil (New Jersey), British-Shell and Socony Mobil Oil Co., Inc. have removed themselves from the Arab League blacklist by deciding that doing business in Israel is uneconomic...
...fast. We have to go fast. We have 63 million people and nearly 2,000,000 more people every year to feed, clothe, to supply with power and tools and the essentials of life." He points to his record: 1956 auto production zero, this year 170,000; 1956 oil production 5,000 bbl. a day, this year...
...when U.S. output had slumped, the U.S. produced 77.2 million metric tons of steel to Russia's 55.2 million; 4,258,000 autos to Russia's 122,400; 724 million kw-h of electricity to Russia's 233 million kwh; 331 million metric tons of crude oil to Russia's 113 million tons...
...does not know where his next penury is coming from. For years he kept a diary in which he jotted down every $2.70 dinner check, including "35? for ice cream." He has homes in California and Italy, but rarely uses them, prefers instead to run his vast Middle Eastern oil interests (TIME cover, Feb. 24, 1958) from the cheapest two-room suites in Paris' George V and London's Ritz Hotel. He has no personal servant, and it takes a nimble bellhop to beat the billionaire out of carrying his own bags...