Show h AdENS JN HA BARRED D fROM H. H OIl State Department Reports t o on i i Foreign r ign Areas Areas' feas W. W WASHINGTON sm I 17 17 Great t Britain Brita poU policy y with reference Jer nce to I world p petroleum sup supplies is reported I Ito to be aliens from the control control con con- con l of ot petroleum supplies within the empire and t to endeavor or to obtain I some some measure of ot control over oil properties in foreign countries the I senate was Informed today In a state department report report transmitted by Pre President Wilson The re report rt signed by Under Secretary Secretary Secre Secre- tar tary Frank Folk Polk was furnished in response response re re- re- re to to fo a resolution by Senator Gore Dem Okla Oklahoma asking what disabilities were being imposed upon uon A American exploitation of w world toil oil resources by other countries THE POLICY Mr Polk Folk also quoted at length s sections sec eec cHons c- c lions Hons of the new Mexican constitution declaring all aU oil in Mexico to b be the property of ot the nation The The British policy said EaId the re report report re- re port to be developing along the following lines r First by deterring foreign nationals nation nation- als ala from tro owning or operating oil producing producing producing pro pro- properties n n t the British Isles colonies or protectorates Second by direct participation In Inthe Inthe the owner ownership and control of ot petroleum um urn producing companies Third b bY arranging to prevent British oil companies from selling their properties to foreign owned or controlled companies Fourth by orders in coun council ll that prohibit transfers of shares in hi British Brit BritIsh ish oil companies to other than BritIsh British Brit Brit- ish lab nationals AMERICAN RIGHTS The report added th that t it Is said to tobe be lawful for tor British citizens to transfer transfer trans trans- fer fee without the consent of the board of ot trade any Interest they may have in an en oil company ny controlling a afield field fieldIn in the United States to any alien or foreign controlled company Further it was declared was declared that release of ot wartime restrictions on general commerce had been expressly withheld withheld with with- held from fron p petroleum tro eum t trades ades J |