The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-09-21
ANOTHER OIL
REMEDY SUGGESTED

0O0oEO -
r. c. Platt of Tulsa has an article
in the National Petroleum News, stat
ing that the scheme to build a state
pipeline 10 the Gulf of Mexico will
win. II the oil men will act in unison.
True. too he adds that getting the
producers OF this state together is
seemingly an impossibility.
The proposition for the state Il
huill the line to the sea is, OF course,
IN the first days of conception and
can not be taken for more than the
feeling among dealers a state operat-
ed line might serve as a check agains,
the monopolizing of all lines by the
standard or its subsidiary concerns.
What people ouAside Of the oil dis
lrict land those Oklahomans outside
the producing district are in great
ignorance concerning the production
and pfofi' able sale of crude ol) would
say TO the state pipe line, is not
known to any man II might not meet
with great favor in certain districts
81 the oil field, but that it nigh be
OF great value, surely would not be
questioned.
The situation i'm the field was fore
told by The Leader some months ago
When The interests of the Galbreth
syndicate were sold ou of the line
TO the Gulf, Standard had "gobbled
Al big markets for the sale of the
crude product Discord among the
producers caused war TO be waged
in the Second legislative session ana
a. hg
satisfied the other had ulterior pur-
pose Whether that was due convic-
tiun of study or abetted by outside
interests. is impossible to state. but
il Is wor relating that Standard in
trrests refused to be frightened at
either measure showing their con
t,ol OF the markets enabled them TO
care for themselves aud not worry
over legislation concerning how on
could be transported Jus at pres
ent the price OF crude is so low ii is
rObbc.y of a great mineral field to-
sell, and still those who are borrowers
and have heavy royalties to pay
must have some cash TO meet bank
loans with hence they actually have
10 sell a produc worth 81 per barrel
On the market for even less than thir-
0v-fve cents per barrel The indie
pendent p-oducers nave all their for
yunes invested I'm tanIage anI other
equipment TO protect themselves as
we'll as possible, the novice idea OF a
big increase generally p evailing.
Several million dollars could be
lDoscd In thai oil field of oklahoma by
thirty day run of Two of the three
three pipelines. but wneu those runs
lre 10 be made. Is the one manswer-
"a Que-y advanced daily by the smal
IN Producers
In the general distress and lack OF
development has come a better feel
ing among ne independents, the bank
ers urging unity of action and stead.
.astness in purpose AMI it can be
said those bankers in That district
nave saved many from ruin
The states business interests wish
success to the men who put Oklahoma
TO he front as an oil-producing state.
y hey are men who dare. and they
cave profited 10 a wonderful extent
That tAeir empircmaking merits con.
muad prosperity is beyond Ques ion;
at their prosperity enters into the
roper development Of that section of
the state. Is so Hell known IL Is I'M
necessary 10 Illustrate IT,
Bui the problem, according TO all
concerned Is vet msolved
Meanwhile the ear oil wealth
caves me groun by The million bar
lols. ANA ON each barrel with its by
nsoduc S the Standard takes a modest
little net profit Of something like Sla
q e therefore to be maryeled Vby
mon who have been through this g-ind.
aekne hu fair compons tion upon
.he Invested dollar should az times
become what Standards great pfesi-
len C.ms too radical for safety