Business & Finance: Far Eastern Alliance

Chinese bandits cheerfully take pot shots at almost any foreign vessel plying the yellow waters of the Yangtze-kiang. But never will they fire on a ship of Mei Foo (Standard Oil Co. of New York, now-one of the two operating subsidiaries of merger-born Socony-Vacuum Corp). Socony is a Chinese institution. Socony has sold kerosene in China for more than 50 years.* Socony's agents are venerated in the community. Socony's ships thoughtfully slow down so that their wash will not upset frail sampans bound down river.

Two thousand miles due south of the Yangtze...

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