Oil

According to a report from The Hague, oil was discovered in the Winterswyke district of Holland.

Considerable interest was evinced by the U. S. in the discovery, as that country recently failed to get the doctrine of the "open door" applied to the Djambi oil fields in the Dutch East Indies.

It was not known, however, if the oil will be of good enough quality or of sufficient quantity to warrant the establishment of a petroleum industry in Holland.