Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1915-01-24

pothehs honest men Of lawful Intel
ugonco may reasonably differ and los'
no standing In court
Value to Labor
"Mnnifcstly there can be no eco.
monte waste contcmporancously with
economic profit, our position being
that the distribution Of $14,OOO,0OO in
the brief span Of - months among the
. labOring Dlarscs iu oklahoma Us a Suf-
fcicnt offset 10 the loss Of $500, ,0OO
/ borne by 2j producers. and that the
/ industry Itself ana the commonwealth
I have been economically and CONNER
cially benefited, and that the alleged
/ waste yanishcs There Is waste en-
crRy, waste Investment, waste tric-
/ tiOu, money waste, Individual waste.
/ iu every activity OF life that makes up
|the total movement Of the world and
/ IT'S people there IL waste In the dis
| trlbutiOn Of products and cOmmOdi-
ties everywhere, there ~ waste in the
duplication Of transportation and de-
livery there Is waste I'm the duplica-
ton Of investment In competing utill-
ties, and I'm the needless competition
of individuals, firms, corporations and
governments prompted by the desire
OF gain economic and actual
waste. We all admit these facts and
commissions are organized and main
talned 10 propose remedies, and, TO
a certain extent We an tactily agree
that conservation IS an admirable
theory, but the number Of persons
Who stand for tho policy Of suspen-
sion Of normal business energy that
perfect conservation and the total
elimination Of waste may be realized
ls a hopeless minority For one we
are glad that a majority Of the inhab-
ltants of the United States is opposed
10 technical conservation.
Waste Onset by Take.
Carrying along further the Item
HDd analysis Of the cost Of one 5j,-
GuO-b barrel steel storage tank. with it's
distribution Of profits to OhlahOma
labor, we come 10 the total eXpend-
itures and distribution for the 10000
OHD barrels of crude on now held in
storage In the state Of Oklahoma.
Counting the steel tanks that contain
tnls oil ANA the payment Of the labor
employed in their construction, item
iZcd approximately on the same basis
as the white & Sinclair tank on their
Cushing farm, whatever Of economic
or any other waste that has followed
this storage construction, including
also the taxes the state Of oklahoma
has collected and distributed to the
various funds since the Glenn pool
days-l507- can safely hold that
the economic profits have exceeded
the economic waste by a heavy mar
gin; and, i'm the final analysis, there
has actually been no waste but a di-
rect ana remarkable profit to the in
diNdual citizen and the common
wealth
No Virtue in BilI.
"Ip,s,pu.h no fin, him ro,,, Lcforo
tho lapisIature nredicotos ue whole
.,irtu. .r,,,,, ,,,ca...i,,. ,f ,t,,',,ir,, ~,
d,r,l,,,f,.rt 90 "a. ,u MA. - Sl,Ia
brr,a l,, rcstri,tir,, ma d,iIIiu,, og
wells il is onite nrGn,, and ad,is,t tIe
=, rnpeid.r no l,gir,I .rr.ct 80 g,,,,b
s,Iepcug,nn az d,,,nI,.rr,ont cinco tba
oil r.lds a. GLI,bn,i,, Iac,,,,o ~, ,.,,,,,
rnarriaI asset Of thn state ~ ,oars
opo onprovimatnIv IN 006 uclIs have
icon drilled I'm thS st,tc. tho gb,iinyy
e,nJ vols cnet 81 00o c,rh. IN tho
RartIee,,ie district nort. "S "a. oso.ro
resoryation nortg ~ TnIsa AMI 0I
mulgce roIInties compIetcd vols cost
e. 060 to E00' In ihn doo,, "o,,, sord dis az
trlcts, Including the Bartlcsville sand
wells In the Gushing district, com
PIetcd wells cost $4,000 to $4,000, a
Few costing more, both oil and gas
wells The thousands Of dry holes
cost less Of course, according to sal
wage recovered. For each deep Cush-
Ing well completed costing $4,000 to
10000 labor received approximately
5000, not including the material
bought from Oklahoma dealers in the
drilling rig the disbursements TO la
Dor in drilling the less expensive wells
shades down, but not In corresponding
ratio. separating the principal items
OF cost. we have continuous heavy
expenditure and distribution to labor
and oklahoma dealers I'm supplies.
that so clearly and conclusivcly Offset.
take up and absorb whatever econ
owic and other waste accompanies
the steady and continuous develop
mcnt Of great industry and entirely
eliminates It, leaving a wonderful
prosperity I'm It's wake. that there is
absolutely no place FOR theorists to