Word: sinclairs
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Dates: during 1930-1939
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...power it was understood that one of its chief duties would be to enact a general tariff. But last week four Cabinet Ministers, free traders all their lives, gagged and refused to swallow the tariff. They were wizened Viscount Snowden, Sir Herbert Samuel, Sir Donald MacLean and Sir Archibald Sinclair. From a solemn Cabinet at No. 10 Downing St., Prime Minister Ramsay MacDonald emerged with an announcement: Cabinet members who were unable to agree with the majority were at liberty to speak and to vote against the bill in Parliament. The move saved the Cabinet, but political opponents raged...
...world. She scarcely approved of Sister Anna, who spent much money, married successively Count Boniface ("Boni") de Castellane and the Due de Talleyrand; or smart Brother Frank Jay twice-divorced, who dabbled (and still does) in French gambling palaces; or her late Brother George Jay, whose second wife (Guinevere Sinclair) bore him three children before he married her in 1921. Helen Gould stayed by her father, who trained her in finance, took her in his confidence before he died of tuberculosis...
Last week, Prairie Oil & Gas Co., Prairie Pipe Line Co. and Sinclair Consolidated Oil Corp. united to form a half-billion dollar oil company. There was little news in the mere event, for the merger had been brewing for almost two years (TIME, Jan. 27, 1930). Nor was there much news in the company's size, for so gigantic is the oil business and so gigantic the constituent parts that it became only sixth biggest (see table). Nor was there anything but corporate dullness in the name which the new corporation took- Consolidated Oil Corp...
...cheered Harry Ford Sinclair. For the merger was the realization of his ambition to dominate a countrywide, integrated oil company. Ever since he began buying up and reselling oil lands many years ago with never-varying success he has looked forward to a unit like Consolidated. Harry Sinclair is of that second generation of oil pioneers who found the fat plums unknown to the Standard Oil Trust when they began to study synclines and anticlines. And his legion of friends were happy, for he had vindicated his reputation as one of the best-liked...
...Harry Sinclair, who will be Consolidated's chairman, was the power back of the merger, the man who stepped into the spotlight last week was Herbert Richard Gallagher, who will be president. Since 1910 Mr. Gallagher has been selling oil on the Pacific Coast for Shell Union Oil Corp. His own talent was selling, and for that, particular reason Consolidated chose him. Nowadays it is no feat to produce oil, re fine it and transport it. Of Consolidated's three component parts, two have made little effort to retail oil or gasoline. Prairie Oil & Gas owns almost...