1941-02-26 — Page 19

DONALD DUCK

HANG ON!

OH, DONALD.

DON'T

PLEASE!

116

Pope 1941, Walz Danér Praluctions

Wednesday,

HONGKONG TELEGRAPH

WEEEF#

SHUCKS!

A LITTLE THRILL WON'T HURTY' WATCH THIS!

OH, DEAR

BLOW

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February 26, 1941. By Walt Disney

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GRIN AND BEAR IT

By Lichty STRUGGLE FOR OIL

The

By Morgan M. Beatty

WASHINGTON. major key to the next phase of the European war may be a three-letter word. It's "O-I-L!"

Whether the Axis pow- ers concentrate on the British Isles, or Gibraltar or Suez, or all three, the long range planning be- hind their military and diplomatic

HUNGARY

manoeuvres

and German high com- mands at Innsbruck, Aus- tria, a revival of the often discussed threat against Gibraltar. For that way also leads to precious oil -the oil of the Western Hemisphere.

Why the push for oil?

Most military experts and economists agree that it takes. about 200,000,000 to 300,000,- 000 barrels of oil a year to run the Axia war against the

affairs in this country, Russia would object to the presence in Iran or Iraq of sizeable German forces.

It is an open secret that the Russians have been extremely jealous of their great oil re- sources.

The Russians well remember the British attempt after the World War to move into Baku, the heart of the Russian oil fields. A gesture from the Russian army put a stop to that.

NEAR EAST OIL TEMPTS AXIS

ม.

S.

S.

RUMANIA

BULGARIA

G

60 MILLION BARRELS

GERMANY is in positioni

Įto mako 'desperate raid; into Ukraine, but Rus-

sia certainly would fight.

Black Sea

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A German

RUSSIA owns the best oil fields within striking distance of the Axis powers. thrust at British-awned fields in Iran and fraq, observers say, would be objected to by Russia

because of fear the Nazis wouldn't stop there.

may be forced upon them 'by the coming thirst of their industrial and war machines for the stuff that turns the modern nations

wheels

of petro-

That's the view of some economists, Washington

22

25

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Count the

"TELEGRAPH"

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who suspect that the Axis' problem at this time is oil rather than food. Not that it's giving out any But it must time soon. look ahead, now that it's failed to make quick work of Britain.

For instance, the econo- mists suspect recent Ger- man-Russian negotiations were. concerned, not with a new or intensified part- nership, but with a Ger- man scheme to syphon oil from the Near East, or even Russia herself.

Similarly, the statis- ticians also see in the mill-· tary mooting of the Italian

British. But assuming both Italy and Germany have built up reasonable reserves, they cannot hope to replenish their supplies from the lone big oil field, in their possession-the At best this area Rumanian. could give them only 60,000,- 000 barrels, a year.

Maybe they can squeeze out another 15 million barrels from shale and coal. But that's much less than half enough oil for a year of Axis warfare,

The nearest additional oil for the Axis Is, in the Near East. The British fields in Iraq and Iran produce close to 100,000,000 barrels a year' under forced draft. And that's just about what Ger- many and Italy need in addi- tlon to what they have.

Hence the attempted drive through Greece. That could open up the eastern end of the Mediterranean.

Next best would be to per- sundo Turkey to join the Axin, and get permission to go through that country, and thus. 'reach precious oil.

In the view of a well in- formed expert on Russian

If they should let the Ger- mans through, could they ex- peet Hitler to be as easy to oust in case of victory against the British, as were the. Bri- tish themselves after the World War? Hardly possible. Opinion here is that the Rus- sinns would not allow any power any closer to their oil than the British are in Persia

now.

The next best bet for the Axis would be oil from the Western Hemisphere, if not from the United States, from the Latin American produ- cera, such as Mexico and Vene- zuela. That entails an attack on Gibraltar to open the way for Axis ship, or a route through North Africa.

Standing in,the way, in either event, is the United States, and the 21 American republics, sympathetic to the British, and capable of inten- sifying their aid to the British Empire..

All of this adds up to the fact that mighty Russia, and the mighty United States, both now at least non-belligerent, stand in the way of lubrica. tion and power for the Axl war machine.

But the Axis must sooner or later scek oll in one direction, or the other. Which way will It turn?

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