Word: solness
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Dates: during 1960-1969
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Back in 1958, New York's Commercial Solvents Corp. obviously thought it would get even more solvent by placing faith and credit in Billie Sol Estes. a rising young Pecos, Tex., wheeler-dealer. But by last week it was plain that doing business with Billie Sol was Commercial Solvents' worst mistake in a remarkable record of good, bad and indifferent commercial guesses...
Among its specialties was anhydrous ammonia, a chemical fertilizer. And then in 1958. along came Billie Sol Estes. who could sling fertilizer with the best of them...
Offering the shakiest sort of financial credits. Billie Sol still sold Commercial Solvents on a curious deal: over the ensuing years, the company supplied Estes with an estimated $12.7 million worth of the anhydrous ammonia fertilizer-getting back to date some $7.000,000 in Estes' revenues for grain stored in Billie Sol's grain elevators under federal programs. Estes "paid"-and little cash was involved-as much as $90 a ton to Commercial Solvents for its chemical manure, then sold the stuff to West Texas farmers for as little...
...polecat speech, Andersen complained that his fellow Congressmen had been "shying off" since the Billie Sol case broke. "Come and say hello to H. Carl Andersen," he pleaded. "Come and shake my hand." Afterward, some kindly Congressmen did go up to him and say hello and shake his hand. But Andersen's political future had been heavily clouded by the Estes case, and he recognized the fact by announcing that, after winning twelve House terms as a Republican, he would run for re-election this fall as an "independent" rather than risk defeat in a G.O.P. primary...
...Railroad Commission predicted that it might eventually find as many as 300 slanted wells pumping out $30 million worth of purloined oil a year. Said Attorney General Wilson: "This will turn out to be one of the biggest thefts in Texas history." In the land of Billie Sol Estes, that was quite a brag...