Abstract

Editorials

The article presents information on U.S. politics in the 1920s. The impudence of Robert W. Stewart in fighting for reelection as chairman of the board of directors of the Standard Oil Co. of Indiana, despite the fact that John D. Rockefeller Jr., largest minority stockholder, has asked him to resign, was answered by U.S. Senator Gerald P. Nyc in a speech. Stewart, in an official statement to the press said that he had never had any connection with the Continental Trading Co. A Monroe doctrine for shipping seems to be the idea of some chauvinist politicians and businessmen. Nothing less than such a policy could have animated the United States Shipping Board when it got so hot under the collar at the entrance of the Cunard Line into the New York-Havana service that it put the steamship U.S. President Theodore Roosevelt on the route as a competitor at cut rates.