Word: petroleum
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Dates: during 1920-1929
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...somewhat as follows: "Now, U. S., do you know that you only make up a little over 6% of the world's population, and yet you are so industrious that you consume between 37% and 75% of the world's production of coal, iron, copper, rubber, petroleum and many another commodity? The reason for this phenomenon is simple. Your industries which manufacture competitive products are protected by the tariff. Hence your labor is kept busy, your standard of living is high and you can buy from other countries...
...French National Research Co. announced, and careful U. S. oil men accepted it as a fact, that Chemist Audibert of Paris had succeeded in making synthetic petroleum, not as a laboratory curiosity, but by a process commercially practicable. This announcement was made and received as being far more important than other fuel-substitute discoveries lately made- coal dust in the U. S. and Germany, fagots in France (Time, Oct. 11). Submitting oxygen, hydrogen and coal to a pressure of 200 atmospheres, introducing a secret catalytic agent and filtering the result, M. Audibert had indubitably obtained a heavy viscous fluid which...
...coal as it is. In terms of coldest economy, the logical way for France to deal with her able son's discovery seemed to be to divulge it to one of the biggest coal-producing nations-the U. S., China, Germany-thus drive down the price of natural petroleum and import that as before...
...Italian poet, some Indian rajah or swart Turk, makes her swift progress from the harem or a Paris divorce court to U. S. breakfast tables. None knew better how religion might be jostled by Mammon, despatches from an ecumenical council vying for space with the details of a petroleum coup or soap king's testament. Mars, the god who more than any other has the power to forge huge newspaper circulations (the Spanish-American war "made" the New York Journal-TIME, Aug. 16), is revered and propitiated by editors everywhere. Nevertheless, Dr. Shillito pressed his point. "What is needed...
...Books, Corpses. Professor J. F. Thorpe viewed with alarm an approaching shortage in the world's supply of gasoline; deplored wasteful U. S. extraction methods, whence comes 70% of the world's supply; vowed that petroleum chemistry has been too little explored. Professor Thorpe likewise viewed with alarm humanity's library and cemetery problems. Cremation would solve the latter, he thought, but it would be too optimistic to expect that it might be judiciously applied to the former. With 23,000 scientific periodicals published in the world annually, "the mind stands appalled at the prospects . . .even...