Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1914-11-27
ONE SHORT PHRASE
STARTS EXCITEMENT
Continued from, rage ~

large tract OF Olympia tidelands, q &
jaccnt 70 the Standard OIL holdings.
The Crescent ven will be unca,
ped on Tuesday of The coming week -
he continued referring to Tuesday
this week. THE company is plannir F.,
on putting down a i-inch pipe -
carry the oil 10 the surface. Befo
the end of the week Washington ca
will be a market commodity in &c
state of Washington"
! MIR. Williamson declares that the
Tenino field will prove, in his esti-
nation to be one of the largest oil
producers in the country, although
! but one we'll has been driven to The
producing sands.
"Means Untold Wealth to the State"
The discovery of oil in the Teniao
| field proves that the faith of those
who have invested their money in the
development of the field, has not been
| lle
been most confident from tho start
that oil would be discovered in the
Tenino field, and would not have been
discouraged if the No. l we'll of my
company had failed to come in.
"One well does not prove the bar
renness OF the field if it comes in dry.
On the other hand the showing made
by the Crescent we'll from the time
the drilling was started until today
proves that oil is to be found in
Washington. The seepages are there
and where there are seepages there
must be oil.
THE discovery of oil in the South
west means great new industry to
this state, something which will bring
untold wealth to the state and the
people of the state. The development
of the Thurston county field is the
greatest industrial movement ever
started in the Northwest. The oil
industry will give to the Northwest
something to take the place of the
timber industry on which the state
has been placing it's reliance for gen.
erations. The loss of the timber in
dustry due to poor market has effect
ed every business interest in the
state. The bringing in of the oil
field will revive business conditions
generally all over the state.
Washington is now on the great
est era of prosperity the state has
ever witnessed and the prosperity is
of such substantial measure that this
state will never again feel the effects
of a business depression which has
/ followed since the bottom dropped
out of the lumber market and that
chief industry of the state failed. ~
Started Work Last February.
The Crescent Oil company started
drilling February 20. 1t is capital
lied at 100000. though less than
100000 of the stock was sold and
it has all been taken off the market
since the first of the month. The
men at the head of the Crescent, the
pioneer company, are all widely
(. known in Southwest Washington.
Mayor George A. hoffman of Olym4
pia Is president; J. F. Canon. post
master at Tenino is vice president,
Emery Williamson secretary-treasur-
er, and Abe Flewelling of Centralia
and Willard Lemon and ]. l.. Peters
|of Olympia are the trustees. Mr.. Will
lliamson has had the active manage
ment, both operating and financial,
during the entire period that develop
ment has been carried on.
The search for oil in this district
is no new thing. Oil seepages through
out the district have been talked of
for years. John Sarver, one of the
pioneer ranchmen of the section, with
the assistance Of c. Christopher, an
old Pennsylvania driller, sunk well
near the, present Crescent property
IL years ago. They drilled distance
Of several hundred feet and were
forced to give up because of lack OF
funds. Their head frame stood as o
silent reminder for many years and
only toppled to earth few months
ago.