Word: pooling
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...Government won an important suit. For it was decreed that five primary defendants (chief among them: Standard Oils of New Jersey and Indiana, and Texas Co.) and 45 secondary defendants were guilty of violating the Sherman Anti-Trust Act. Their guilt lay in the patent pool and cross-licensing system by which they kept unto themselves and licensees the valuable oil-cracking patents. But last week this important anti-trust suit, now in its seventh year, was lost by the Government. The Supreme Court held that the companies had created no monopoly, hindered interstate commerce...
...Washington is wide and continuous. At his S Street house near the Woodrow Wilson residence he provides frequent and elaborate hospitality. (The Castle family, with its Hawaiian holdings in banks and public utilities, is wealthy.) Late in the afternoon he can generally be found swimming in the Racquet Club pool...
Texas. Newest of the giant's ailments has been the opening of the prodigious new pool in Eastern Texas. Last week its production mounted so rapidly that the Texas Railroad Commission revised the original proration figures for the field from 50,000 bbl. to 75,000 bbl, with an ultimate flow in 90 days of 125,000 bbl. Present capacity of the field is estimated...
Your comment on water polo appearing under the head of Sport, in the March 16 issue was of considerable interest to me. Sometime or other, TIME seems to touch the present or past interest or hobby of everyone of its readers. The story of taking men out of a pool in an unconscious condition takes me back to the time of 1910 to 1914 where old-style water polo at Northwestern University and the Chicago Athletic Association was still a game for real waterdogs...
Largest exhibit of the main floor was the Georgian garden of Florist Scheepers. Here were pink blossoming peach trees, dogwood, lilac and tulips, a brick-lined lily pool, and on the iron trellised porch of a white brick Georgian house with peacock blue blinds, Macaw Toto in his cage. A brilliant example of the art of landscape architecture was not Mr. Scheepers' only contribution to the show. From his greenhouses came two new flowers never before exhibited in the U. S., the Sweet Glad and the Glory...