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Posts from ‘April, 1932’

OIL KING HENRI DETERDING BLAMES SOVIET FOR SHARE SLUMP

The Daily Mirror: Friday, April 22, 1932

OIL KING BLAMES SOVIET FOR SHARE SLUMP

Russian Bid to Defeat Royal Dutch Group Causes Flood of Selling

Extract

Sir Henri Deterding, head of the Royal Dutch group, told the Daily Mirror last night that the slump was a cunningly organised attempt by Soviet Russia to smash the company and capture the world oil markets.

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OIL KING BLAMES SOVIET FOR SHARE SLUMP

Daily Mirror: OIL KING BLAMES SOVIET FOR SHARE SLUMP: 22 April 1932 Page 3

The above is just the lead in to a major article, accessible via the link provided.

Extracts:

Russian Bid to Defeat Royal Dutch Group Causes Flood of Selling

Sir Henri Deterding, head of the Royal Dutch group, told the Daily Mirror last night that the slump was a cunning organised attempt by Soviet Russia to smash the company and capture the world oil markets.

The Royal Dutch Shell group, the shares of which have suffered so severely, in addition to general troubles of the industry, have had other difficulties to face.

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NEW ATTACK ON SIR H. DETERDING

Daily Express: NEW ATTACK ON SIR H. DETERDING: 16 April 1932

Extracts:

I had shown Sir Henri Deterding head of the Royal Dutch Petroleum Company, a translation of a vigorous attack on him published in Paris today in “Forces,” the financial newspaper…

Now “Forces,” reprinting the exclusive interview published last Monday in the “Daily Express,” accuses Sir Henri of being an enemy of France, of withholding vital statements of his companies investments and of secret dealings…

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