The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-09-23
Another Freight Wreck.

GREENspuRo, Pa. Sept. 2oo.-A freiet
engine and caboose collided near Derr,
Pa, last night, wrecking the caboos,
and 1t is thought fatally injuring Cor
ductor J. N. Caldwell, of New Florence
mud Flagman Newton Atkerp, Of DER,
Three train,nen were seriously hurt.
---
OIL PkODuUhliS MOVING.
A Significant Meeting IN Hut1er-.A Soheln
to Oct Along Without tho Standard.
BUTLER, Pa, Sept. o2.-Tbe deep in
terest which oil producers are maniies,
ing in the movement to better the un
satisfactory condition Of their trade wa
we'll illustrated at the meeting held il
the Vosciy Hotel Saturday. At rs,
o'clock tho large rooms were filled, anC
those who came late were Obliged tt
stand, as every seat was taken. An or
ganzasion was effected by electinc q
Il. Christie, OF the firm Of Christie
Brothers, who havelarge interests in the
hundred.foot Ii ,ld, Chairman, and ]. NJ
Carson, Secretary. An expression al
opinion was called for, and Capt. ". A,
Clark was the first to respond. lie said
this was only preliminary meeting,
but that it was none the less important
on that account. 1t was gratifying to
see 80 many producers present, and it
ausnred well for tho success OF their
scheme. He said that they needed an
independent opposition pipe line. 1t
does not need to be large one in the be.
ginning. The Standard began business
in 1872, with capital Of $780,.
900, and now has So0,0OO,000. The pro.
ducers of the country have always
contended that there were immense
profits in the piping and refining Of oil.
rhe history OF the Standard Oil Com.
pany, with its rapid growth OF wealth,
confirms them In this belief. It had
grown so great and powerful that it was
enabled to absorb every rival. and to-day
is, by common consent, the undisputed
master OF the oil fields. He said: eve
aru abundantly able to build such a line
IS will give US immediate aud perma.
nent relief. The producers OF this county
alone can build their own line TO some
point on the Ohio river near Pittsburgh.
where they can refine their oil, and shin
1t to the markets OF the world. We have
in tho Ohio river au outlet which no
power on earth can close against us, for
II it becomes necessary We can build
barges and loat our oil to the principal
cities OF export. In organizing to build
q pipe line it is Of the first importance to
make the stock non.,ians(erable, and no
one be permitted to hold u large number
OF shares. The producer, the driller, the
tool dresser, the pumper, tho rig builder,
the teamster, and every other man or
men directly or indirectly interested in
the oil producing business, should be
in this proposed new enter
prise, as oil are equally interested in
throwing of the calling yoke which 20
the leading industry Of West
ern Pennsylvania. Hetoiore the pro.
ducers have done great deal Of talking,
principally that and nothing more,
What We want to do now is to act. A
seaboard pipeline is out Of the question
and is not needed. A much shorter line
will answer our purposes as we'll. Hav.
ing been at one time connected with the
National Transit Company am in a
position to know something about the
business, and l assert that 500 900 is all
that will be required, and that it can be
had for the asking. II we do not pro.
pose to fight for our rights in a rational
the only thing there is left for
us to do is to petition the court to ap-
point the Standard oar permanent
guardian. In July aud August the aver.
age price OF oil was 81 10, now 1t is 94
cents. The difference Of lG cents is clear
profit to the Standard, and means loss
Of $3.50, 900 d mouth to the producers OF
the lower oil fields. There is no valid
reason for this reduction in price. The
production is at present 1000 barrels
per day and the consumption $4,000 bar
rels, and there ia nothing in the eitua.
ton to warrant such sweeping reduc.
tion."
Clarence Walker, a member OF the
Butler Bar and also an oil producer, sug.
gested that If they dcsired to prevent
the transfer Of stock in the proposed new
company the best plan would be to or
ganixe under ths limited partnership
act.
Mr.. Christie, President Of tho meet.
ing, thought the pipeline scheme en-.
tirely feasible. The terminus should be
at or near Pittsburgh. 1t ls the best
remedy yet suggested for the unfair
manipulation OF the price Of crude oil by
the Standard, By its own statement
there arc only 100000 barrels Of white
sand oil above the ground, and he be.
lieved thateven that amount was gross
The producers could con.
troll four.fifths Of the production and
could change the trend OF affairs il they
unite with that intention. The present
cut in prices is illegal and indeiensible.
Some ame ago when crude oil was 81 25
per barrel refined oil was selling for
81 20; now, with crude at o. cents, re-.
fined oil squoted at 81 10. Mr.. Christie
then enumerated the various commodi-
ties manufactured from crude oil, and
stated that it had been asserted on good
authority that the refined product was
clear profit to the re6ner. ~ am will
ing" he said, ITO 70 into any fair ar.
rangement that promises to be OF lasting
benefit to the producer"
There seemed to be but one voice as
to what should be done. All were in
favor OF acquiring their own pipeline
facilities, and If necessary refining their
own oil. On motion the Chair was
authorized to appoint committee Of
Ave, whose duty it would be to fix a
time and make arrangements for o geuer.
al meeting Of the producers. a. Z
The committee selected consists oI
Messrs. William A. Clark, Charles HaL,
lett, q, D. Greenlee, Thomas Alexaude,
and Fred Leidecker. II arrangements
can be completed in time, the general
meeting will be held not later than Eri.
day evening next. Many producers from
distant parts Of the county, who could
not attend without remaining in town
until Mondry, sent their regrets and
promised to stand by their brother pro.
ducers to the end. """'s.
Steamship arrivals.
HAMRuRG, Sept. 922.-Arrived-Gel
lert, from New York.
MovlLLE, Sept. 2o-Arrived-Devonia
from New York.
NEw YonK, Sept. 2o.-Arriyed-An