Conference tallis::celt

1020.0. "America For Sale" by EPIK::HOLOHAN () Fri Mar 13 1992 12:58

  I just finished an interesting book called America
  For Sale.  In these days of "Japan Bashing", because
  we think that the Japanese are buying up America, I
  thought it was intersting to learn that the number
  one foreign buyer of our U.S. assets and resources
  were the British. 


  "The United States is so vast a land of corporations and coal mines,
   wheat fields and oil fields that it is rare to find a foreigner 
   dominating any segment of our major industries.  But the British own
   our boron deposits and the British control 49 per cent of the 
   Alaskan pipeline and 54 per cent of the Prudhoe Bay oil - the largest
   lump of petroleum in our dwindling inventories of this valuable fuel.

  "By 1968, oil had been discovered in Alaska - and the big winner was
   British Petroleum, the multinational oil company whose major stockholder
   is the British government.  At $14 a barrel, BP's Alaskan oil is
   worth about $67 billion."

 
   Leading British Direct investments in the United States. 1976

  Foreign Investor    U.S. Company        %owned         Industry
  ----------------    ------------        ------         --------
British Petroleum    Standard Oil           25             oil
Cavanham             Grand Union            51             supermarkets
Unilever             Lever Brothers         100            consumer goods
                       T.J. Lipton          100            food
British-American     Brown&Willimason       100            tobacco, retail
Tobacco

British Oxygen       Airco                  35            industrial gases
BICC                 General Cable          20            wire,cable
J.Lyons&Co.          DCA Food Indus.        60            food preparation
                       TFI                  49            food
                       Tetley               100           tea
                       Baskin-Robbins       100           ice cream
United Biscuit       Keebler Co.            100           baked goods
Dunlog Ltd.          Dunlog Tire&           100           tires
                       Rubber
Reckitt&Coleman      R.T. French Co.        100           food
Coats Paton Ltd.     Coats&Clark, Inc.      100           textiles
Consol. Gold         Azcon Corp.            85            zinc
Fields
EMI Ltd.             Capitol Indus.         95            Records
Wellcome             Burroughs              100           drugs
Foundation            Wellcome
Rio Tinto/Zinc       U.S. Borax &           100           chemicals
                        Chemical
Courtaulds           Courtaulds N.A.        100           synthetic fibers
Beecham Group        Beecham, Inc.          100           pharmaceuticals
Plessey              Plessey, Inc.          100           metals
Brooke Bond          Brooke Bond            100           food
Leibig               Foods
Trust Houses         TravelLodge Inc.        79           hotels
Forte
Chloride Ltd.        Choride, Inc.          100           batteries
Cadbury-Schweppes    Cadbury USA            100           candy, soft drinks
  

   
British investment in printing.
      66 per cent of Viking Press, Inc. by Penguin Publishing London
   
  BP  owns 54 per cent of the Prudoe Bay Oil Fields, 49.18 per cent
  of the Alaskan Pipeline


  Information obtained from America, For Sale, by Kenneth C. Crowe (1978)

    Am I missing something here, or what has this got to do with Celts and
    Celtic Culture??
    
    Gerry

  Gerry,
    I just wanted the Scots to know that they could
  rest assured, that they need not feel guilty about
  leaving the United Kingdom, and taking their oil
  with them, as the British have vast supplies here
  in America.
                        Mark

    OH! How silly of me to have missed the point ��
    						  - 
    
    Gerry

    
    
    you forgot that 49% of BP is owned by Q8 
    that means that have we lost the gulf war and somebody had sold 2% more
    shares to Q8 the US oil industry would be under enemy controll