Not a little comment has been aroused in the United States over: the policy adopted by Great Britain with regard to the development of the oil supply of the world. Certain American publicists have seen in Great Britain's actions an at. tempt to obtain control of the major portion of the world's supply of oil. and even a monopoly in the future. 'The facts are that at the present time th nited States' output is about 80 per cent. of the total supply and as stated by Sir Auckland Geddes the total produc. tion of the British Empire amounts to 2} per cent. and that from the Persian fields under British control to two per cent. Baku and Batoum are not owned by the British and the development of the oil resources of Mesopotamia and Palestine is forbidden until new governments have been instituted that can deal with these problems. In view of the threatened world shortage of oil tt certainly would seem that any country which undertakes the development of whatever resources it controls should receive the enthusiastic support of the other nations and most people will agree with the "Financial World" (New York) that Great Britain's paternal efforts in helping her leaders in the oil business to develope new fields is simply the result the scarcity of this commodity."
Text read from the printed page and cleaned; old type leaves the occasional error.