Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1914-11-27
OF OIL
BELIEVED LARGE
Good Reason for Belief that
Western Washington Will
Prove Big Oil Field
MUST TAKE CHANCES
The Only Hope Of Develop
ment Lies in All Assisting
in Sinking Wells

Seepages of parafiine base oil have
been found in many different parts OF
Western Washington. In many places
petroic gas has been discovered and
burned. This oil must have come
from below, and therefore, the pre-
that portions of this state
are underlaid with oil sand is net
Three things are necessary to find
this oil, or to determine whether the
presumption of the geologists is true.
They are: First, money; second, good
equipment; third, good drillers and
good management.
1t is believed pay oil has been
found at Tenino near a seepage. and
there is reasonable ground for the
belief that Washington will develop
into the largest and richest known Gil
field in the world, for it's seepages
cover tremedCus area, reaching
from close to the border of Oregon,
stretching along the coast to r2iYt
beyond Bellingham.
Contrary to the general thecry of
the public, oil mining is ranked amc y
the safest and sanest forms OF tu i
ness. To the man who unders snds
oil fields, oil mining is safe, con-
servative business, such as manufac-
turing. To the man who knows moth
ing Of oil mining. it is the widest
and most reckless form of gambling.
Eighty-seven per cent of the wells
in the United States that have reach.
ed depth Of 5000 feet, have brought
in oil. The others have been dust
ers." The oil ventures in the Uni
ted States that have failed, largely.
have been operated by people who did
not know the oil business, or who ran
out of money before their wells could
be completed. This does not take
into account the promotion" wells,
on which the money was taken from
stockholders and went into the pock-
cts of the promoters instead Of into
the development of the ground.
Also. contrary to the general opin-
ion on the subject, oil has made
more poor men rich than has any
other mineral. Throughout Pennsyl-
vania, Colorado. Indiana, Oklahoma,
California, Illinois and all of the oil
producing states, there are living the
families of hundreds, thousands of
prosperous people, whose prosperity
came directly from oil. These include
the farmers on whose land oil was
found, and persons in humble circum-
stances who invested a few dollars
in oil.
Oil has proven the one chance that
a poor man has to become rich. The
nary capacity earning 500 a month
has absolutely no hope of becoming
affluent, especially when the ever in
creasing high cost of living is con-
sidered. His one and only hope is
to play the long Shots"
Practically the only hope of develop
ing the oil fields of Washington lies
with the people of moderate means.
The unfortunate part of it lies in the
fact that the poor man rushes in
where angels fear to tread and with
out giving the project proper con-
sideration. If he gave it the same
study and the same careful investi-
cation that the banker gives to q
loan or a mortgage, his number OF
successes would be greater.
There are three essential things
to be done before investing in oil:
First, carefully investigate the in
tegrity Of the men who are handling
the proposition and satisfy wourself
that the money will go into the de-
velopment of the ground and not into
the pockets OF the promoters or the
payment Of high salaries to officers,
and that not more than a reasonable
amount be paid in commission for
the sale of the stock.
Second. satisfy yourself that the
title to the ground is safe. and that
it is situated on an anticline, where
here is a reasonable degree Of GER
tainty that oil will be found If the
drill penetrates to the oil sands. Get
advice on this from some mining en-
gineer or geologist who knows some
thing about it, or look it up for your
self in the reports of the United
States geological survey of the state
of Washington geological survey.
Third, make certain that the COM
pany will have enough money to sink
hole to the required depth and to
overcome all obstacles that may b