The Marion daily mirror. (Marion, Ohio) 1892-1912, 1910-04-23
Real Estates VS.. Oil

In presenting to the people of Mar
lon and Marion County, the Prospect
Oil and Gas Company, I have met
with the uniform remark that II Is
q good proposition and that they
have hope TO strike oil, but they
want to let the other fellow take the
chance. That is not fair judg-
ment nor a fair exhibition of your in
terests in Marlon's welfare.
You want to bear in mind one
thing--and don't Jose sight of that one
ching l. e, if Oil is ssruck in Marion
County IL means boom and It means
that you, no mater what your bus
mess or occupation may be, will bene-
fit by the boom. That is the axiam
for you to bear ir m.ri
The striking of oil in Marion
County, means, first, the selling of
the product and the bringing into
Marion money which we would never
otherwise have had. This is new
money, and not the money Smith paid
you, which he got from Jones, and
Jones got from Brown, and Brown
got from the bank and the bank gets
back from you money-money which
Is not In that endless chain of pass
ing from hand to hand-traversing
the same course over and over again.
The money which will come In will
be invested in new ways and in new
manners and it's what we need.
Just think il over.
Then again, If oil is struch in Mar
ion County il means bringing in
hundreds of men from all parts of
thG United St9tes-- men with real
money and who will spend it. These
men Will buy property to live in, for
at the present time 1t ishard to find
renting property. 1t means an in
creaes of real estate values of at least
80 per cent and in a short time. 1t
means giving employment to hund-
reds of men,. These men will also
bring capital In with them to buy up
oil leases and farms and the prices
received from the sale thereof will
be enormous. so that both city and
county property will feel the effects
of striking oil.
The merchants will all feel the new
activity, and when the merchant feels
IL everybody feels It, Money comes
into circulation and if you don't help
get some of the benfits of 1t, its your
own fault.
Are those reasons logical? l think
they are and / know you will agree
with me I'm thinking so If you stop
and consider them Therefore are
you going to do your part to help
you going to help do your part to
gain some of the benefits or are you
going to say--''yes its a good thing,
but let the other fellow take the
chance?"
But have we chance? Draw a
line down form Findlay and Lima
and connect 1t up with the southern
Ohio field. Draw a line from Upper
Sandusky and Fostoria and connect
IL up with the Bremen field. Draw a
line from Butler in Richland county
and connect 1t up with West Mans
field In Logan county You have thus
connected up three fields and they
inteisect near Prospect Bear in
mind also that oil has been found
at LaRue and at Waldo and also at
Marion, though in limited amounts.
Bear In mind that we are going TO
put down at least three wells and
that each one of them will be drilled
TO depth of at least 5000 IT. into the
trenton rock, which is the great
OIL bearing rock. Bear all these
things in mind and then ask yourself
conscientiously Why shouldn't we
strike oil in paying quantities:
The stock is $40 a share, fully
paid and non- -assessable. The COM
pany has 10000 acres of land leased
and the striking of oil will make this
land worth at least $40 an acre or
100000 At the most only $500
shares, Will be sold, so that the strik-
Ing of oil would make this stock
worth at least $50 a share. If we
lose you have lost and that is ali
'hat Is to It, but you will know that
you nave done your part. What's
your answer?