The Washington times., 1924-02-11

and Titanic: chairman of the White
Star Line and director Of the In
ternational Mercantile Marine.
Possibly even more powerful was
William Weir, later ennobled as
Lord Inverforth, head of the Airm
of Andrew Weir & Co., among Brit
aims biggest ship owners and oper.
ators. Sir Thomas Royden was
deputy chairman of the Cunard
Steamship Company. Sir Peter Nc.
Clelland was senior partner in DUN.
can, Fox & Co., and Sir James
Currie, director Of the United
Baltic Company. both the latter
huge trading concerns. L. p. Shell
don represented the great London
international banking firm of viii.
nam Salonan & Co., the New York
branch Of which also was repre-.
sented by Elisha Walker, one of the
American directors. ]. B. r. Nor.
ton was joint managing director,
with Hugh G. Wylie representinG
the American interest. e. C. Daven.
port was made assistant secretary
and Sir Alexander Mcguire and w.
A. White were chosen as alternates
on, the board.
American Directors.
Besides Messrs Walker and Wylie.
the American directors were ~ T.
Doheny, e. L. Doheny, jr., and 7.
M. Danzinger. The office of the
British Mexican Company was
established at IL Bury street, T. G.
3, London, England, and the ex.
pansion Of the company began al
most before the ink on the in
corporation papers had time to dry.
Within eighteen months, late in
1920, its capital was doubIed---in-
creased from 100000 pounds to
100000 pounds-at which time II
reported that 1t already had eight
tankers In operation and twelve
more building for the distribution
of Mexican Petroleum Company oil
in Europe. It was establishing fuel
stations, tank farms and refinerieS
both in Great Gritain and on the
continentaa preparing for the. .5e.
velopfnent which, from such meager
reports as private companies under
the England laws are compelled to
give, it since has achieved.
Directors Meet In New York.
Lord Pirrie and Lord Inverforth,
the erStwhile humble William Weir,
Sir James Currie, Sir Alexander
MaGuire, L. p. Seldom and e. H.
Davenport visited the United States
during December. 1920, and Janu-
ary, 1921, and attended a. directors
meeting In New York during the
latter month. The meeting was
rumored to have some connection
with McAdoo's widely heralded trip
to Mexico City.
Aside from the business meeting,
the titled gentry of the party were
feted and interviewed to the limit
of their willingness to be lionized,
which, it must be said, was well
within the capacity of their would.
be entertainers. Despite a general
disinclination to project themselves
unduly in the lirnelight. their COM
ings and goings were extensively
chronicled in the metropolitan press
during the period Of their stay,
since which time there has been
little about the British-Mexican
Petroleum Company or its eminent
British directors published in this
country.
In the early days Of January,
Service and British news agencies
Doheny's Pan.American Petroleum
Company had sold out its entire
interest in the British Mexican
Petroleum Company to the British
stockholders.
IL g. t. AL 90 hnU
not only a bearing in the general
investigation of the Senate Public
Lands Committee into American
petroleum problems, but to be Of
specific interest In connection with
Elk Hills Naval Reserve.
Was He Assured Of u. s. Oil?
Those familiar with the politics
and economics of oil production and
distribution say that Mr.. Doheny
would scarcely have been willing to
relinquish all semblance of control
over the distribution Of his Mexican
oil to British interests for 30 odd
years had he not believed himself
assured Of an equivalent or larger
supply for his American customers
from this source. Neither, they
say, would the immediate develop
ment Of these reserves have been
necessary or desirable in Mr.. Do
heny's interest had he kept control
of his Mexican production.
Those who are furthering the
probe into this phase Of the oil
embroglio do not in the remotest
way suggest that there was any
legal obstacle to McAdoo's employ
ment as counsel for Doheny's Mexi-
can companies, but they do ask
whether the people Of the country
will accept as their chieftain man
who has been employed, however
honestly, in pressing before the
American State Department the
claims Of a client who. selling his
Mexican products to Americas chief
competitor, has repeatedly, for the
advancement of his own interests,
urged the United States to the verge
OF war with Mexico.
Prices realized on Swift & Company
sales Of carcass beef In Washington, d.
c., for week ending Saturday, Feb 0,
1924, on shipments sold out. ranged
frnnn n 00c IN IL EOc nAP nOund and