Business & Finance: World War

Facts: The Standard Oil Co. of New York declared war on the Royal Dutch Shell Oil Interests, British controlled colossus of foreign oil production.

Standard Oil issued a statement to the press, strange move for this close mouthed group. Saying:

1) Shell has inaugurated a price-cutting war in India which will cost them $12,750,000, will cost Standard $4,000,000.

2) Shell is agitating for tariff restrictions in India which will virtually oust Standard from the great Indian market.

3) Shell invites war because Standard of N. Y. buys oil from Russia....