The Petroleum Centre daily record. [volume] (Petroleum Center, Pa.) 1868-1873, 1872-09-14

l
The s. l. c. passed away only 10 name
and form. The old arrangement made some
serious mistakes. The new one proposed 10
nrofi, by them, and as soon as by purchase
and partnership It had secured the great ma
iority Of the rrfnsries Of this country, and
ali the pipe lines and tsnkageit wanted, and
had arranged q rotary system Of purchase
at d iferent points, never buying at two
places on the same dsy-Clevslsud to. day,
Pittsburgh to- morrow, &c.-and then only
enough to fix price to suit them perhaps,
while certain days are blank eltogether-No
oRDERs-sud that there may be literally
but one buyer, or rather no competition in
prices on Greek or river, enough is forward:
ed 10 seaboard to thrash the market and
keep 1t level.
According to the Hsrald's showing 81 per
cent of refined oil is made in this country,
and as the Independent refneries are few
and far between. they can well afford to sell
crude oil to the export trade at cost or lees.
On the other hand, II the producers could
&C. 10 unit'in self defence, the new combina-
tion could effect but little. But they do not
act in concert unless reused into warmth BY
passion. They are kept apart BY local jsal-
ousies, honest differences o opinion and by
fear of losing their individuality and in-
dependence.
So the producers, whose means and ener-
gies SUPPLY the material for speculators to
fatten on, by divided counsels fall on easy
pre-, and hold their property at the mercy
Of a heartless corporation.
Tue pipe lines and tsnkage where the bulk
Of the oil is prodaced are handled 80 ss to
incommode and embarrass the proper run.
ming and delivery of the oil, aud is always
tardy. The wooden tsnkage at the wells
lsakin9 and rvaporating usually runs over
before the runs can be made, and instead OF
ten days storage has to be thrown ut once
upon the market Add to these minor diff
ouIties the fact that too much oil is produce
ed, from the TACT that many Of the markets
OF Europe are practically closed because
there is duty imposed on crude, and the
dullest person can see that the producers
are justified In making an effort TO invite
competition 10 prices.
At five dollars q barrel crude oil affords
the basis for the cheapest light in the world.
II the markets of Europe are free for
crude and taxed for refined, each country
Will refine its owp. which ia right. A new
impetus will be given to ths business 10
Europe, and light wi ! penetrate as only
light eau where rush lights have burned
heretofore. Europe will supply refined
cheaper 10 the remOtest POINTS of Asia than
America can do. Russia con buy crude Of
US the sea carriage is low) 90 cheap thai
re6aing would become one Of the greatest
industries of that vast country. Then with
the ports Of Germany end Russia open, 49,.
900 barrels will not supply tue natural de-
maud three years from now. The howl ling
about over-production will cease, and A
msrican interests will not have suffered,
but the reiners combination will no doubt.
But the money spent by producers
over the oil country to drillers, TO lsborers,
to machinists and others, distributed to
points far aud near, would do our country
more good than all the re6ners in America
could do.
LIMITED we stand divided: we fall" lie,
us as producers, without passion or lrejudi
ice, combine together for one common pur-
pose and act together with one common
aim, as any society should fot the common
good. Once organized, with officers elected
and by laws respected, We can act 10 con-
cert without losing our Individual idenit,
or Independence. We can then II We wish
restrict production. Iu verious ways we cal
effsctuslIy stop the gambling 10 oil by Ie.
fusing to do business with those engaged il
it. We can own refneries for domestic con
sumption. Send 1t to the seabosrd, aud d,
all those things found necessary to do Il
thwsrt the purpose Of any coalition agains
our interests, and instead of having to sacri
fee our property, to conspiracy that seek
to gobbls up the oil country, change th,
programme by gobbliug up the sforessi'
coalition.
Every thing for defence, nothing for tribute
CRUDE.
LosT.-At some point on Washington