WORLD OIL SUPPLIES.
EMPIRE DEFICIENCIES. PROPHECY BY SIR J. GADMAN] .(Australian and N.Z. Cable Assn.) LONDON, Jan. 19. Sir John Cadman, technical adviser to the Anglo-Persian Oil Company, in a speech at a luncheon at the Royal Colonial Institute, said he regretted that only 2 per cent, of the world's oil supplies ,came from within the Empire. But the natural deficiencies of the Empire were counterbalanced by the enterprise of her sons. British public opinion in the future would, he said, applaud the foresight and statesmanship which, when Britain's supplies of oil were found to be dangerously small, did not hesitate to take steps to create the great central supply which is controlled by the Anglo-Persian Oil Company. The speaker laid emphasis on tho fact that this is purely a commercial undertaking, and is in no way an instrument of the British Government. He prophesied that the ultimate destiny of Britain's cdal must be its conversion into oil and petroleum gas, which would leave a residue with no calorific value.
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Waikato Times, Volume 102, Issue 17006, 20 January 1927, Page 5
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170WORLD OIL SUPPLIES. Waikato Times, Volume 102, Issue 17006, 20 January 1927, Page 5
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