The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1915-10-31

the summer. In other words, ii will
be dead. Nobody will be making any
money. Ardmore and other towns
which are looking to the oil fields for
be disappointed. The McMan com
pany alone had $50 men employed
who will be put out of employment.
1t shall not be the business of The
Ardmoreite to take sides either way.
/ We want to see the men in the field
who have leases protected and at the
same time we have an eagerness to
see this city get the benefit of the
activities of the field. The city is
going forward nicely now and we
would like to see it keep On going.
Our own success and the business
success of the men who patronize the
paper depend largely upon the keep
ing of things going in the field
If the field is opened up and oil
is placed in storage, Carter and JEFF
ferson counties will receive a large
sum in taxes from stored oil that they
will not receive otherwise. If the
field is opened up within two weeks
the Texas company will be building
pipe line clear across the county
which will add to the taxable wealth
of the whole county. The line will
result in giving a market for much
more oil. When oil was selling at
40c producers were offered zoe for
oil in storage including the steel. That
was five cents premium on oil. That
is only a starter. Cushing oil in
storage is bringing as high as 20c
above the market price.
Commissioner Henshaw and Art l.,
Walker were in the field yesterday
going over the situation. 1t is hoped
by many that some kind of compro-
mise can be effected by which the
field can go forward. Any producer
who has as much as production of
200 barrels can build steel tanks. The
money is ready for the oil when 1t is
stored. and tank concerns can be
induced TO build these tanks. No one
can be hurt if he gets busy.
In order to protect those who have
depended upon the law for protection,
date could be set some weeks in
the future when certain restrictions
could be removed and say fifty per
cent of the oil could be taken from
the sands. This would turn the field
loose, in a way, and give notice to
those who have not built tanks to
do so.
1t is better for every merchant in
Ardmore, it is better for every prop
erty owner here, and it is better for
every citizen OF the county that the
field be turned loose in a measure.
If the big companies put 80 per cent
of their oil in storage and the little
companies run 80 per cent of their
production through the pipe line, this
arrangement would bring much more
money into the channels of trade.
If the field is held down, there will
be no competition. The Magnolia will
take out oil just as it can use it, as
it has been doing, and at a lower
price than the oil will sell for If the
field is opened
Because it is natural for us to see
the side of the question that will help
those who help us, because it is natu-
raj for us to love Ardmore and want
to see it keep on growing, we might
be biased in our views, and have
therefore asked Sam A. Apple to
present the side of the que stion from
the standpoint of the producer who
is depending upon the law instead
of his own initiative and business
acumen and ability to protect himself.
Responsibility for the enforcement
of the oil conservation law will rest
largely upon the shoulders OF the
office OF the attorney general, and the
Ardmcre complaint, set for November
10 will not be heard until the attor-
ney general can be present That
official and one of his assistants are
now with a grand jury in Tulsa, and
when Mr. Freezing caR leave that
work is not known. He may get
back to his office by the 10th of the
month and he may not. 1t is not
probable that the case will be con-
tinued a month, as has been request
ed by Col. Greer.
FORGET US.