Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-03
International Oil War Stirs
Interest of American Press

The oil war going on among American
and European oil interests is being fol-
lowed With interest by American news
papers. which speculate both on its inter
national political significance and its
possible effect on supplies and prices az
home, It is s complicated affair, inyolv-
ing oil fields alulos, the world over. in
Guiding Russia. With the Standard Oh
Co. Of New York combating the Royal
Dutch Shell Co. British and Dutch
concern. with which the Standard Oh
Co. OF New Jersey is said 70 be working
IN close harmony.
The announcement by the Standard
OIL Co o. New YORK that IL is locked n
battle with the Royal Dutch Shell Co. \
British institution and the former $
principal rivs! IN the world. both IN the
race for markets and III ;hs contest for
sources o. raw material 20 supply these
fields" SAYS the Cleveland News, Is 3
frank declaration Of condition which
has been anything but a secret for 3
number of wears. I, does no. seem prob
able tt.a: the CONTROVERSY viii Be- settled
by any early couproniSe. Sir Henry
DcterCiac chairman % the board %
ROYAL Dutch Shell, appears - speak
both for his company and the British
ItfEfEkA tSiNF WITH &EE SSs1AS ~ &Aslt
American concern with him - policy
Of open hostility toward The Sovie, gov
errGlCUt"
4 phase Of the situation emphasized
by the Buysio Erening News IS an an
noUHccu,eut by Secretary Wilbur % the
Navy that he Will recommend 20 Con-
crrSS remedial measures" 70 prevent
the sale Of naval rr$srye u, 10 foreign
>orporat,onS and the Buffalo paper feels
that this takes on added significance
from his admission that .lss action IS
based on the report that the Honolulu
Consolidated o.! CO is selling Oil sro.n
MAYA, reserve 10 ;he Royal Dsssch Shell
interests. The War between the Stand
ard OIL Go, ~ New York and The Brit
!sh-Outch Nj combine thus WILL come
before Congress" continues the News
When II arrives there IL will be inter
eSt,ng 10 note the attitude tina: viii be
taken by the Survivors in Senate and
Hoase Of The S;anda-d-essterS q c,he.
years"
Considering the trsmen scs,S re-
sources az the companies iayciSeS!, AZ
cordtng 70 the 81, Louis Times. - ruth
less price war waseG on this side az the
Atlantic might conce.vah,y result III So
sious disaster 90 large number Of
smaller oil companies whose rsS>UycSS
wcald not withstand losses over any
long period OF time, particularly IL
view ei the already dtsorsantsea cAssdi-
lion N the industry. And Sasrh an
esensUal,ty naturally would directly al
tert the stability ~ other industries. II
Is to ee hoped at course. that the MAP
will ne confined ~ the Far Eastern ses-
rslofN III which II had It's inception, and
that, after erseg but costly, prscc~Sus~
ting competition. the companies IN
VOWED will cSAs,prSNNiSe their 1ttsE~
enceS AZ measure ~ Sels~,>sN>ss<,tASN,
on IL ennsaaStiels f,cm ,h> time i.
comes out NJ The ground uath gt II e<s.~
>ane<t," observes the Newark Evening
News and war fW markets assy
start as many ecatasratieasS IS a NAY
for wells II Is such an essential c<Na~
,noostN III cllr present elSlstsAticn that
u creates International csgspstcasAst>
fNT the time eenS the pssstte
deS>&nt know very we'll What tae scrap
Is al aNsNt," The nASt>9a nassS News
suggests that "ene may INVADER sa>s
What eur monster nsISsegn ge,iSSStsSeiS
are solns IA set rs and the wMsI WtA
as they ~ eus ~ stsat for MI ~ Eae
East India C'o, se,lshs for trade and ts'
Hudson aav ca, tcg sups,"
tNtntlas IL a rcESIt ~ \ credit en-
tended a. the Sevses government by \
syndicate IT british bankers, the New
yark World draws ghs eenestsss<.a that
the status al th. quarrel" may es
sgeatis Altered and advises One Will
n we'll se keep all eve M Russia
" here tApNasans e<>anSNaaS develop
MensS MAY ee e>lsssea al asate,t ANY
time
The liltle RGck Arkansas Democrat
"Ee<suchs II tssWn ~ normal
lauguasr, Ne have III this eSNsner kti
standard 81 New NNk, weighing "a
heaven ensy knows hew