The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-12-21

4 :la ps 49,, news that The Post cor
\ ~, sspd from Europe to Texas
y sHh w ny, this is read in Te1as we
Il ~ ,sreshold Of a joyous Christ
\ y y s.,,nrh the appropriate and in
u tls ian Of The Post your CORE
4 ~ r.,tInr on behalf OF a large
n ~. ,'',sb oil men deeply interested
y .,srlty Of Texas petroleum,
y 100 .svsv to the ambitiously clever
y " a,tine oil men Of Texas every
~ .snny Christmas and new year
y MA commercial prosperity. The
fN.' at coming to an end has wit
" strengthening of these CONNER
\, which bind the eastern part Of
ss,d to tae Long str state, ana
~ iii here is that tb re Will be
~ ,ser Improvement In tle .elahou-
..Visr tae year tat IS coming -.
lassite tie proper time 10 set forth
u W W. bsut the view that Is taken
n nsnns ,,ish OIL men on the subject I
rln pr,rk IN tle TcIs oil htlds.
.ronrh. no one or tuis side takes
iiss! y, view OF tue s!tuatloA In Texas
W. Brltlsn foreign on .ce, 50 1 r
It Vet Al the opinions acid by that
Eus through tue medium of i
~ F..n,'rt iust Issued on thu subject
EL. Ny ald comm rec of Texas. The
gt6e report consul Nugent) states
Y. tpIte OF all the drdwDaCks, tue out
~, Eldered must promlslAg by those
..,flan 10 Judge. He Qu t1s from
e ,gn oil expert OF I'D u ted
and reliability" tle st.tement
,'ss nstfoleum industry Of the Texas
'i's, seld has now been assured in tie
~ IN AZ the South. N tning snort
y mlsH. ma cement and wilful tnll-
.,ssd Z he ad.sl can stop tie pr &
,.s, now is assured, and even such an
s-Iit, would merely contract valu S
IN iy IN stick dealt gs, but would
y. Net actual values. Phenomenal AS
"a r,s sam, Texas has done IN one year
Mrit ok PennsyivIn!a, New YORK ana
Virginia twenty years T. ace mpils9
n X. iii Industry. Tex has Outranked
II r. ether oil telds Of the world as TO
"A ~ prductiv, ness, and, taken from
n y ptsslble standpoint, offers a better
HT AZ legitimate petroleum investment
In nv ether locality " This Is exceeding
*Il,1 Al tue saugu!ne consul, and, ftrr
81 "a opp Will be likely TO grumb e with
q ssil6lstlc view he takes Of tn stu III IN
8 tglsles with the authority of the
sa5 iogeign Office
ABOUT WORTHLESS COMPANIES.
mn. lrs some unsatisfactory fe lures Of
j. situation that are often discu sed over
h Amongst these are VIGOROUSLY unsat-
I.asy, Il not absolutely wort less, com
t,hL which continue to figure in the lists
\ Banont commercial concerns. Surely i.
II ta he true that there is to be no weed
], at Of the astounding number OF nfe-
u 81 companies which have manag d to
|nAt themselves with the oil bus ness.
Be fact that the wedding out process has
u commenced, or at any rate has not been
aEpd WITH enthusiasm aud system, causes
|iaadshle surprise on this side of g
Unite Il is not difficult to understand
d 10 London, Paris and other European
III We hear great del more about the
taogsly bad c, mraniy han we 20
Mt Tue sound ventures which do or dit
hs {ee aud promising business element
Ma Blllsh oil men are fully nw re eX-
y . BEAUMONT. Wr. tched st OK elling
'zAlles, With temp rary bra CHI over
" EsTeh upon Us in battalions; respect
ne vel managed c, mp uies, hi b
" w elotA 10 hel, we uedT PIT CllCdllS
'lig- II Is becoming clearer every dov
u le popularity md huania WORTH Of
81 situation In Texas depends upo two
laflAs fsetors-one, the diminution Of
1Hlles ~ work on Spindle TOP; the
~ we terhtori | tXpan ion Of the oil
q q The entire State, ri ST and fore.
!, here must be a drastic, even a ruth
! elimination of weak and moneylcss
snlles in the abnormally large group
lesni INTO existence by the BE umunt OH
aIfIles, The liberation of so many tot.
w concerns means, to the caut GUS aud
,s,.istlye Brltisher, chronic paralysis
poNuE. Here people can only ! ok
!'s crowd Of companies, or at the sltua-
lnefal y IN Texas oil men h We not
ne dihicnlty In distinguishing what a
-.d Of really reliable complI les the e
Y eofe on the mill. At Il time when
,,ii--lloomlnS concerns are being so un.
lsIgn criticised In the best daily pers
". country II would be good news for
~ oll men, who sincerely desire to see
sWpef development of the Texas oil 1
~ " II wee announced that a
,niy planned movement had been
's ,asn Y put things right in Beaumont.
~ ~ witness the start of a crusade