Indianapolis Times, Volume 42, Number 67, Indianapolis, Marion County, 28 July 1930 — Page 14

PAGE 14

OIL ARISES AS PEACE MENACE IN NEAR EAST Four Nations Warily Eye One Another in Fields of Iraq. BY WILLIAM PHILIP SIMMS fterlpot-Howard Forelrn Editor WASHINGTON. July 28.-011, instead of apples, now threatens the peace of the Garden of Eden, known to moderns as the Kingdom of Iraq, soon to enter the League of Nations as a sovereign power. Instead of Adam and Eve, International oil companies may start scrapping, among themselves, as King Feisal plays the role of the angel with the flaming sword to drive the concessionaries into the outer darkness. Today the government of King Feisal of Iraq, and King George of Great Britain are arranging the final details of Britain’s surrender of her mandate over the former’s kingdom. There is some uneasiness, therefore, in American oil circles, over just what will happen when when the country gains independence. F our Nations in Field As things stand, four groups of nations control the Iraq Petroleum Company, operating in the Rich Mosul fields north of Bagdad—the British, Dutch, French and American. The Anglo-Persian, Royal Dutch Shell and a French group control three-quarters, while Standard Oil of New Jersey. Standard Oil of New York, the Pan-American and Gulf Refining control the other fourth. Mesopotamia, or the Kingdom of Iraq, was created as a result of the allies’ victory over Turkey, and Prince Feisal, third son of the then king of the Hejaz. a good soldier and first-rate diplomat, was made king by referendum. The country was not independent, however, being governed by Britain under a League of Nations mandate. Recently oil has given the country vastly added importance. At the same time Britain is about to make good her promise of full independence. In much the same manner that the United States withdrew from Cuba, Britain proposes to get out of Iraq, retaining only the right to lease three air bases, protect Iraq's independence, and exercise a sort of supervision over the kingdom's financial and foreign relations. Uneasy Over Conditions Uneasiness is caused by Iraq's spokesmen’s declaration that oil concessions, like treaties and other agreements entered into during the mandate period, must be submitted to parliament for ratification before they will be valid under the new regime. Britain, of course, could make recognition of the oil agreements a fundamental condition of yielding her mandate, but she may hesitate to take such a course, smacking, as it might, of forcing Iraq to ransom her freedom.

Gone, but Not Forgotten

Automobiles reported to police ss stolen belong to: _J*mes w. Jones. 842 North East street. Willvs-Knight. sedan, from Riverside park Mrs. Clav H. Berneelo. 1322 North Sheffield avenue. Essex coach. 69-769. from Market and Delaware streets. Ida Elder. 508 East Ravmond street. Chevrolet touring. 741-510. from Garfield park. Lester Michael. 133 West Vermont street. Chrvsler roadster, from Riverside park. George Adams. 306 Indiana avenue. Ford coupe. 90-085. from front of 206 Indiana avenue. Katie Barnett. 611 Bright street. Pontiac coach, from rear of 611 Bright street. BACK HOME AGAIN Stolen automobiles recovered bv police belong to: R. E. Sheppard. 375 North Hendricks place. Studebßker sedan, found at Burdsal boulevard and Riverside drive. J. O. Ennis. 517 South Harding street. Willvs-Knlght found at East and Pearl streets. Ford coupe. 158-773, found at White River and South West street. Essex coach. 69-763. found at Euclid avenue and Washington street.

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MERCHANDISE CHEAPER Logpansport Store Proprietor* Cite Cuts High as 25 Per Cent. • Bit Tlmr* Svfinl . . , „ LOGANSPORT, Ind., July 28 ! Merchants here are citing low prices on several lines of goods, reductions having been made after cutting of wholesale prices. Velvet and silk dresses are declared to be 20 to 25 per cent cheaper than in 1920; fur and cloth coats, 10 to 25 per cent; cotton sheeting, 12 per cent, and silk goods, 15 to 20 per cent.

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THE INDIANAPOLIS TIMES

THIS WEEK I t • V. mm ■ t \ WILL DRAIN YOUR CRANKCASE AND REFILL IT WITH FRESH 100% PURE PENNSYLVANIA OIL FOR I \ 1 MEDIUM HEAVY e Then drive 2,000 miles in hot weather. Your motor will be improved. Your oil will hold its true body to the last. It simply refuses to break down. We have put on extra men to give you prompt service. Open day and night. Don’t MISS this. Come TODAY. I X 5 I—4OOW. Maryland Riley 2767 2—2037 E. Washington CHerry 4328 3-2201 N. Capitol TAlbot 2742 4—Greenfield—Main Near Broadway s—New York and New Jersey Riley 0061

JULY 28, 1930