The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1915-08-26
FRANkUIN'S LETTER

to Induce Magnolia to Raise Price.
At the, request of the producers,
/ who held a meeting Monday to devise
plans to obtain a better price for
Healdton crude, Mr.. Franklin has
written the following letter to Col
Greer, attorney for the Magnolia Pipe
Line company:
Ardmore. Okla, Aug. "a, 1915.
Hon. George C. Greer,
! Magnolia Pipe Line Company,
Dallas, Texas.
Dear Mr. Greer:
Yesterday afternoon a large number
of producers of the Healdton field
met in my office for the purpose of
discussing and considering the gen.
eral situation and condition of things
in the Healdton field, but more es-
pecially with view of ascertaining
why the price of Heald:on oil, as
| posted by your company, has remained
a. 'hii y NNhlSI NIht lllC DllIt VI dll
other Oklahoma oils has been ad-
vanced to seventy-fve cents per bar.
rel.
Yesterday morning before the meet
ing, | endeavored to get in communi-
cation with you over the telephone
and did talk with Mr.. Francis, who
informed me that you We're out of the
office, but that upon your return, he
would have you call me up. | stated
to him the object of the meeting to
be held, but was disappointed in not
receiving the promised ca! from you
AS stated by Mr. Francis, there is
feeling of great nneasiness among
all the producers, which was freely
expressed at the meeting held yester-
day. We have waited patiently, daily
expecting that the Magnolia company
would advance the price OF Healdton
oil to a figure in accordance with the
oft-repeated argument which you have
made on several occasions in the
hearings before the corporation COM
mission. You have always maintained
i believe in good faith-that the
price of Healdton oil should be twen-
ty-five per cent less than the price
of Cushing oil and that the Magnolia
Pipe Line company was endeavoring
to be fair and reasonable with the
Healdton producers on previous oc-
casions when it reduced the price of
Healdton oil to point approximately
twenty-five per cent less than the post
ed price of Gushing oil. Ii naturally
follows that if your argument on this
point was correct, and the Magnolia
Pipe Line company sincere in its pro-
fession of a desire to treat the pro-
ducers justly in the matter of price,
said company should now advance
the price of Healdton oil to fifty-five
cents per barrel.
In talk with r. VI. McFarlin over
the telephone, while the meeting was
in progress, we were advised that
your Mr.. Brown was in New York and
would return to Dallas Wednesday
or Thursday; that he believed as soon
as Mr.. Brown returned, the price of
Healdton oil would be satisfactorily
adjusted, and Mr.. McFarlin recon-
mended a policy of "watchful wait
ing" until Mr.. Browns return. And
while the producers express themselv-
es as greatly dissatisfied because the
price of Healdton oil had not been
advanced, as above stated they voted
to adjourn the meeting until next
Saturday morning at ten o'clock, and
instructed me to write yoI this letter
with the earnest plea that we be
granted a just advance in the price
of Healdton oil in the meantime.
While the producers do not admit the
correctness of your argument that
Healdton oil is worth twenty-five per
cent less than other Oklahoma oil and
believe that they are entitled to re-
ceive the Oklahoma price for their
product, nevertheless | believe that
under present conditions an advance
of the price OF Healdton oil upon the !
above stated basis would meet their .
approval, and cause general satisfac- |
ton among all the producers OF the
Healdton field.
In closing, | express the hope that
when the producers meet next Sat
urday morning at ten o'clock they !
may be able to congratulate them
selves because of the fact that you .
have in the meantime s.inted them
that justice and fair treatment which
you have so often declared
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