Departure of Dutch Representa tive from New York Now York, Feb. 25.
Mr, Debenham, who has been representing Sir' Henry Deterdings the Director-General of the Royal Dutch Petroleum Ca. Ltd., in discussing with the Standard Oi Ca, of Now York the purchase of oil from the Soviet, left for England to-day on board the Cunard liner Olympic.
He declined to re lof his fortnight's stay in America and, up to the present, there has been no definite confirmation of the reports circulating in New York that the rival all interests have patched up their differences and called off the costly price-war in india, One obstacle to a settlement between the Standard interests and the Royal Dutch group is be the plans of Russian of terests to expand the! production, JAt the present time there are two s of Russian oil inter It is said that they are: secking a credit of G$10,000,000 to purchase a rening plant and to construct a Tine in the Baku region which will permit an increase of the total production of crude-oil in Russia by lone-third.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.
