Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1912-07-04
MANY FORTUNES STILL
TO BE MADE IN OIL
From Answers. London

world, ana may soon become the catch
cry Of the up-to-date Cockney," said
an oil expert.
During the next decade big fortunes
will be made-and lost-by specula-
ton in such properties and shares.
"Who can calculate the ultimate ex-
ent of what promises to be a world
development? When Rockefeller bor-
into Oil, did he suppose that he and his
associates would pile up untold mill
ions, and found the most powerful
financial group the world has even
seen?
".John d. has drawn from oil alone
about $4,000 a day for many years
past, and is still watching his millions
grow, Now, he made his money MAIN
ly from burning oil. That commodity
will, of course, always be in enormous
demand. But consider thee potentiali-
ties of oil when the worlds RAILWAYS.
navies have adopted oil instead of
coali
industrial enterprise will be COM
pletely transformed; smoke II fogs
considerably diminished: the workers.
lives rendered cleaner, healthier.
Few people realize the vast impor-
tance of his product-next in value to
coal.
To-day the world produces more
h 220, 000, 900, 900 gallons yearly; the
capital sunk is more than $25, 900, OOO.-
600. The Standard Oil corporation,
founded by Rockefeller, has a capital
of $10,0 O0, OOO, 900, counting all it's sub
sidiary companies.
In nine years h profits aggregated
$3.50, 600, 600. 900. the dividends 1910, OO0,-
600, 900. A vast army, about 1000, 900
strong, is employed by $4,000 companies
throughout the world. In England alone
there are 400, 1000 oil shareholders. No
commodity Is more speculative.
"~Frequently a company strikes it
rich. One we'll, in the Maikop district,
gushed up 1873, 600, 900 gallons of oil in
about fOu days.
In California a 2o-acre tract of best
land yields 10000 900 barrels of oil. In
one district Observation-Disclosures are
some 5000, 600. 900 barrels available. Oil
will yield more profit than all the Cali
fornia gold and silver mines; already
the railways have saved millions by it's
use instead of coal.
You consider these figures big?
Well. they are paltry compared with
the worlds coal production. which now
aggregates 1000, 600, 900 tons a year. Oil
has. of course, a splendid future, but
1T Will take years to evict King Coal
from his pride of place.
Nevertheless. recent events have
powerfully advertised oil, especially as
a substitute for coal, and it will not
only provide financiers and employers
with immense profits, but also sweeten
the lives of millions of workers. Take
ships alone.
"Such q liner as the Mauretania. run
ming. say. from London to Australia,
passes through horribly hot regions
of the voyage Just imagine the suf-
fering of the three hundred odd stok-
ers and trimmers when negotiating the
Red Sea. where even the idle passeng-
ers. in pajamas. lie on deck, gasping
for hrc3thl Whom oil oats a Nno~1o
the stokehold Will be neat. clean. all
most cool, instead of a perfect Hades.
Only about 100 stokers will be needed.
Even on the Atlantic liners stokers
will be In clover, for theirs-the dirt
lest job-will ne transformed into one
Of the %cleanest.
Those who saw the oil-driven ship,
the Selandia. in the Thames, were de-
lighted with its wonderful cleanliness.
Instead of shoveling or shooting hum
dreds Of tons of coal on board. amid
dust. dirt, and clatter, sailors will see
a nice little pipe conveying the Oil in
a gentlemanly way from tank steamer
to ship. No dirt, no dust, no hard
work.
"A thin line of oil will keep a battle
ship running. Stokers will be as spruce
as stewards. Oil should help solve any
future coal strike problems by pro-
viding a cheap. efficient alternative.
I'm ore country the. Rockefellers
were badly checkmated. They had long
cast covetous eyes on the Roumanian
oil industry, and yearred to get con-
troll. But they discovered that, even If
they bought up the oil wells, they
would not get their oil transported ex-
cept by the government, which fixed
rates. Why not lay a pipeline, and
eliminate the railway factor?'
But they were disgusted to find that
the government had the power to am
mex that pipe line the moment it was
finished. Fooled. the brainy Americans
decidid co lie down with the lamb.
Generously has Nature distributed
oil all over the world, especially wher-
ever coal is scarce, the principal fields
being in the United States, Russia.
Galicia, Roumania, Mexico, Japan and
Argentina.
about three years g a very fine
Oil Acknowledgements discovered in
Southern Russia. A stampede was
made by inanciers. British people be.
ing prominent. They secured some of
| the best properties for about Is mil
lion dollars, tactfully passing them on
to the British public for over double
their value. Promoters love fat prof
its.
"As oil develops. we may expect to
see an endless chain of depots, sup
plementing coal depots. just as the
Marconi stations IRE feeding the
cables. Our navy will be well served.
for we shall have an all-British supply
Of oil. which is found. in Scotland.
Egypt. India, Australia, Newfoundland.
Canada and h West Indies"
Sort Of Blanket Ballot.
From the Cincinnati Times-Star.
Senator Lee s. Oyerman. of North