Sioux City Sunday Journal April 7, 1929: Page X-9
OIL DIPLOMAT ARRIVES IN U.S.
Sir Henri Deterding Is Working for Control of Production
New York.—(AP)—The rapidly forming league of oil nations, designed to check overproduction of oil through-out the world, has revealed brief flashes of a tireless personality, Sir Henri Deterding.
American leaders of the oil Industry want to keep production in 1929 to the 1928 level of 897,816,793 barrels, or a daily average of 2,453,051 barrels. Sir Henri, who early this month signed a peace treaty with the Russian Oil Products company providing for co-operation and marketing instead of cutthroat competition, came to New York to assist efforts toward similar co-operation In the western hemisphere.