Business & Finance: All Three of Us

From the Scottish castle of Achnacarry, whither he had gone as the guest of its famed tenant, Director-General Sir Henri Deterding of Royal Dutch Shell Oil (TIME, Aug. 20), Walter Clark Teagle, president of Standard Oil of New Jersey, last week sent a telegram. It was addressed to the London office of the Associated Press. In effect it read: "Tut-tut!" Actually it read:

"Thank you for your courteous inquiry. There is no mystery about my being here as one of Sir Henri Deterding's guests for grouse-shooting, as I have had the pleasure of being his guest on numerous previous shooting parties while...

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