FOREIGN TRADE: Civilization's Cradle Snatched

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Oil. How Britain will maintain her oil supply no U. S. oilmen knew for sure last week. With Norway's tanker fleet to add to her own, she may well run shipments from the Iranian fields around the Cape of Good Hope, stand the extra expense of the long haul rather than spend exchange in the Western Hemisphere. But Standard Oil's (N. J.) big refinery in Aruba, Royal Dutch Shell's huge plant in Curaçao, both in the Dutch West Indies, with a haul almost three times shorter to British ports, may also be in line for a bigger slice of Allied business—especially of finished petroleum products, since France's refineries are now in Nazi hands. One Western Hemisphere producer knew for sure that it had lost a market when Italy entered the war. Soon after Mussolini had made his radio speech, Jesus Silva Herzog, No. 1 oil salesman of Mexico, announced that Mexican shipments of oil to Italy (15,000 barrels daily under contract) had stopped.

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