The Washington herald., 1918-06-27
s75,OOO,OOOA
DAY FROM OIL
Holland Tells Of Romatic:
Wealth Getting in
Oklahoma.

eeNeuty-nNe mlillOns Il Gay Is the
reyenue received from the new oil
fields in Northern Central oklaho-
ma Two years ago there was no
revenue from that source. As none
OF the stock OF the corporation
which has leased and operates these
oil fields 10 for sale. all suspicion
that exaggerated reports are put
forth in order to tempt investment
in oil securities IL removed.
Two years ago, this district was
a place OF farms. as ID Is today. The
farmers cultivated wheat. and. IL
weather conditions were good. they
garnered rich harvests. as they are
doing this year, They did not sus-
pect that beneath the surface there
lay deposited wonderful pools Of oil.
aud 1t is only within the past year
or two that they have with wonder
learned what an income amounting
to hundreds Of dollars a day means.
New York business men who q
few weeks ago visited this oil coun-
try have brought back some roman
tic stories. one of them pathetic. IL
illustrates what the sudden posses
sion of great wealth means to men
anu " ODICH NhO III yCoAS N~~AA
accustomed to gain no more than q
fair living by cultivating the soil.
Gained Only Livelihood.
One of these anecdotes refers to
a farmer who has lived In the Enid
district since Oklahoma was opened
up to settlement. and who gained
just a fair living. Along came the
experts and prospectors. who were
sure they discovered evidences that
beneath the soil of his farm there
were deposited great pools of oil.
TheFeupon an arrangement was
made with him by which he received
a few thousand dollars in cash Tor
the lease and guarantee of eer-
tain royalty. in case oil came from
the wells. This farmer. dressed N
oVeralls and of perfect simplicity
of manner. not having an self-con'
soiousness, was crossing the street
in Enid when the attention of one
OF the New York business men wal
called to him by a banker.
This banker said that the farmel
was receiving royalties amounting
to $500 q day. and did not know
what to do with the money. Th'
only extravagance which he per
mitted himself was investment il
automobiles. He had accumulated
five of them. which he was fond o.
driving, one upon one day, and an
other the next.
A Pathetic Incident.
When Oklahoma was opened NJ
by the government for settlement, {
veteran of the civil wan took up 4
parcel of land and with his wifi
went to live upon it.
He built a sort of shack of farm
house, and cultivated the soil. Their
were no children nor any near o
kin, but this devoted couple livet
in happiness upon this isolated
farm. apparently not desiring an
more of the worlds goods than the!
possessed
Than the experts. the-men of sci
enee, and the prospeetors appeared
and, after Investigation. began ne
gotiating with this aged farmer
They paid him some cash for lease
hold rights and agreed to pay hin
certain royalties in case the we'll
which they planned to drive yielded
oil.
Now that farmer and his wife ar,
receiving nearly 1000 a day in roy
aIties, for the wells spurted fortl
oil so that thousands of barrel
came from them every day.
Yet this aged couple continue Il
live as simply and as unostenta
tiousIy as they always had, appar
entity not knowing what to do will
their money, except to put it int
w.
or near kin. they must be wonder
ing what will become of the none!
after they have passed away.
since 1916.
The oil fields of the Enid distric
are now yielding so richly that J.;
revenue Of $75,0O0.OO0 a day is re
ported on high authority to be fur
nfshed by them. OF course, wher,
prosperity of that kind Is associ
ated with oil production, there i
no temptation to attempt to per
in oil stocks.
The Texas and Pacific Coal ant
Oil Company. which recently devel
oped Unexpectedly. almost acciden
tally, a wonderful oil producing
property III IeNdS' - seShlns IN
market for its stock. nor will an.
Of il be offered for sale.
The promise of permanent, rich re
turns is sufficiently good to preven
any OF the holders of the stock from
offering it for sale. That is true o
the Enid district, and therefor,
speculative activity of the kin,
which has sometimes caused dis
tress and disappointment to man,
uSrsOns who were perSuaded IN hr,