Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1914-12-04
Gambling.
(Centralia Daily Hub.)

taken from any angle you choose.
Whether you play poker for the CT
gars or buy oil stock for a raise, it
gives you delightful thrill to think
that now you may be on the high
road to wealth easily acquired. But
the angle of this exciting pastime
most pertinent at the present time is
: oil stock gambling. Centralia people
have the fever. Church deacons and
saloon men have alike been bitten by
the oil stock bug and the fellow who
is not either buying or selling some
oil stock feels about as lonesome as
boozefighter 500 miles out at sea
alone in an open boat. 1t would be
useless to preach against the buying
and selling of oil stocks; but there
is still time to preach moderation in
the pursuit of the easy dollar. If you
must buy oil stock, for goodness sake
try to buy stock in company that
is promoted by men who you think
will really try to develop an oil well
men who will at least dig a hole in
the ground. Every dollar that is ex-
pended in an honest effort to find out
what is concealed in the ground is a
dollar well invested, even il it is lost
Exploration of the ground is neces-
sary to the development of the re-
sources of our state, and no one is
better able to lose the money that
must be lost in this prospecting work
than is the average stock gambler. So
buy stock. il you must gamble, and
buy all that you can afford to lose
and no more.
Has Faith in Williamson.
(Elma Chronicle.)
OF late several of the papers have
been carrying on a great crusade
against speculation in oil stocks. 1t
is all we'll and good to call the at
tention of the people to fake COM
panies, and plenty Of such unfortu-
nately exist in all lines of endeavor.
7 ut oil will never be discovered unless
companies composed of men of small
means are formed to drill for oil.
Rich men have surer ways to get in
terest on their money than drilling
for oil, and they have not the time to
devote to pioneer work. The fact of
the whole matter is that most great
inventions and discoveries in all lines
have been made by poor men who had
faith, hope and grit. This paper be-
lieves implicitly in the honesty and
integrity of Emery G. Williamson.
The course of events will prove that
he is no faker and will show that he
was pioneer worthy of all honor.
The oil field of Washington Of course
is not proven. 1t is sure, though,
that the Crescent we'll found oil and
much of it. The we'll will now be
brought in, other wells will be sunk,
and a few months later on the field
will probably be SO we'll proven that
no one will care to say that Western
Washington Is not great oil area.
Crescent oil stock sold freely in Elma
at the very beginning Of operations
and there are about Is persons in
Elma who hold quantities of this
stock. All could sell out at a profit
of several hundred per cent at pres
ent. None are wanting to sell. If
the stockholders are satisfied with
the management and prospects of the
company 1t looks like outsiders
should feel some confidence in it
also. No greater mistake was ever
made than to class the Crescent along
with the fake. mushroom companies,
and to brand Emery c. Williamson as
an imposter.