Washington, Feb. 18.
The Federal Trade Commission report on foreign ownership in the petroleum industry in the United States finds that the Royal Dutch and Shell group owns 240,000 acres of ai] lands in the United States which produce 3} per cent. of the total output of crude petroleum and is one of the largest companies in the domestic petroleum industry.
The report says that the British and Dutch Governments are discriminating against American citizens by exclusive policies in the oil fields of India and the Dutch Indies and mentions the rapid exhaustion of American crude petroleum.
In conclusion, the report saya that Britain, having widely distributed supply and oil storage faclities and owning means of distribution, will have advantages in" world trade against the United States, whose supply is concentrated.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.