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Show ' MEXICO INTENDS TO CONTROL I THE OIL SITUATION. City of Mexlca, June 17. That the Mexican people Intended to do everything every-thing in their power to control tho oil situation In this country is indicated indi-cated by the formation of a $23,000,000 (Mexican money) company to be known as the Campania Mexicana De Petioleo El Aguila, S. A , and of which ' Gulllermo Landa Y Eseanrlon, govor- nor of the federil district, is president. presi-dent. The first meeting of the direc- I tors will take place tomorrow. i The company has acquied all of the concessions for the development, ex- ! ploltatlon and marketing of crude and refined oils, as well as other kinds of products held by the firm r,f S. Pearson Pear-son & Sons., limited, oil fields department. |