Photo, Print, Drawing "Help! Let go of that tentacle"
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About this Item
Title
- "Help! Let go of that tentacle"
Summary
- Editorial cartoon shows a giant octopus representing the oil industry profiting in eight realms (record profits, special cost allowances, special tax breaks on foreign operations, natural gas price boots, depletion allowance, coal and uranium, inter-company price boosts, and consumer price boosts showing a tentacle shaking the money out of the pockets of an upside down consumer).
Names
- Block, Herbert, 1909-2001, artist
Created / Published
- 5/29/1974.
Headings
- - Depletion allowances--1970-1980
- - Petroleum industry--1970-1980
- - Commercialism--1970-1980
- - Octopuses--1970-1980
Format Headings
- Drawings--American--1970-1980.
- Editorial cartoons--American--1970-1980.
Genre
- Drawings--American--1970-1980
- Editorial cartoons--American--1970-1980
Notes
- - Caption: As part of the effort to increase income from taxes in 1974, the House Ways and Means Committee considered legislation to eliminate the oil depletion allowance instituted in 1926. The oil industry pushed back, arguing that the tax break was necessary for research and development. As a result, the Senate passed legislation without a repeal of the oil depletion allowance. Here, Herblock depicts the oil industry as an octopus, profiting in eight realms, including a shakedown of consumers.
- - Signed "Herblock" lower right.
- - Copyright, 1974, by Herblock.
- - Forms part of: Herbert L. Block collection (Library of Congress).
- - Exhibited: "Herblock Looks at 1974 : Fifty Years Ago in Editorial Cartoons," Agile Case Display, Library of Congress, Washington, D.C., October 31, 2024 - January 15, 2025.
Medium
- 1 drawing : India ink, graphite, and opaque white over blue pencil and graphite underdrawing ; sheet 56.4 x 35.9 cm
Call Number/Physical Location
- BLOCK, no. 8482 (BB size)
Source Collection
- Block, Herbert, 1909-2001. Herbert L. Block collection (Library of Congress)
Repository
- Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA http://hdl.loc.gov/loc.pnp/pp.print
Digital Id
- hlb 08482 https://hdl.loc.gov/loc.pnp/hlb.08482
Library of Congress Control Number
- 2012639135
Reproduction Number
- LC-DIG-hlb-08482 (digital file from original)
Rights Advisory
- Publication may be restricted. For information see "Herbert Block ("Herblock") Rights and Restrictions," https://aj.sunback.homes/rr/print/res/271_herb.html
Online Format
- image