Word: oiled
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Dates: during 1970-1970
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Throughout the '50s, he maintained his contacts with Political Mentor Johnson, working behind the scenes on campaigns, lining up financial backing among his oil-industry friends and serving as Johnson's liaison man with local Democratic leaders. At the 1960 Democratic Convention, he headed Johnson's bid for the presidential nomination. When L.B.J. became John F. Kennedy's Vice President, Kennedy made Connally Secretary of the Navy...
Mercury and Oil. Bruce McDuffie, a bearded chemist at the State University of New York at Binghamton, is the man who recently discovered mercury in U.S. canned tuna (TIME, Dec. 21). In Rome, he reported also finding high mercury levels in commercial swordfish. Reason: according to an American paper presented at the Rome conference, industry is now dumping 5,000 tons of mercury into the oceans each year. Because fish hold mercury in their systems for as long as 500 days, the contamination can travel over vast areas...
...Blumer of Woods Hole (Mass.) Oceanographic Institution told the conference that "major catastrophes in production and at sea, unburned fuel, spent lubricants, and a significant hydrocarbon contribution from the land [municipal wastes] contribute about 10 million tons of oil to the world's oceans each year." According to Blumer, the immediate effects of oil spills-dead fish and birds-are followed by long-term damage to marine ecology. "Compared to the size of the accidents," he said grimly, "the present countermeasures against oil in the oceans are inadequate...
Such a system would involve a fleet of ships and a chain of automatic sensing buoys, plus aerial photography and satellite observation. The system would be used to spot the source of pollutants like oil, mercury and lead. It would also monitor oxygen levels in the seas and "red tides," the abnormal growth of phytoplankton that can choke out other forms of marine life. Obviously, such a system will need the political support of nations that now exploit and degrade the seas...
...computer software firms and rickety conglomerates. Flamboyant, fast-talking entrepreneurs toppled like dominoes. Among them was Bernard Cornfeld, the expatriate supersalesman who had built Investors Overseas Services into the largest mutual fund organization selling shares to foreigners. Denver's John King, whose King Resources sold interests in oil wells and other holes in the ground, tried to come to Cornfeld's rescue with a loan. Instead, King himself was caught in a money bind and ousted by his board. Keith Barish, 26, a financial whiz who had made Nassau's Gramco Management Ltd. the second-ranking offshore...