The Holbrook news., 1918-11-15

From the victories of war our
 attention may now be directed to
 the victories of peace. From a
 period of world destructiveness
 we may now devote our energies
 to constructive work. Not even the
 least of us underestimate the
 blessings which will arise from
 the chaos of war v the removal
 of the menace to our own free
 dom and the millions of peoples
 of the old world from the posit-
 ion of serfs to take their place in
 the worlds work as freemen.
 On the other hand, can we
 fully comprehend the giant stri-
 des the world is destined to make in the realms of peaceful pursuits now that the restraining hand of war is removed. The wastage of material, the reconstruction and the naturally increased demand for all the products of the earth is bound to make the full develop ment of our resources of para mount importance.
 We of Arizona have been bless ed by nature with one of her principal storehouses of wealth and the development thereof has not been started even with the immensely valuable mines which even now focus the attention of the country on their wonderful production. From all reliable indications Arizona is destined to take a place in the petroleum production of the country that will be second to none and we are fortunate in having at our door what will undoubtedly become the states largest producing oil field.
 We venture to say that there will never again be a period in our history so unfavorable to de velopment of new territories, but in spite of war conditions and pestilence we have made 1 great strides in Holbrook during this period toward the proving of | the Holbrook Oil Field. Indica- tions are that with the stabilizing of the markets after the natural | fluctuations incident to the end ing of the war, capital will become much easier to obtain and de- velopment will be greatly acce1e- rated. The United States is without question the richest coun- try in the world and capital which has been held in reserve for the prosecution of the war will in a great measure be loosed for the purpose of development. Hence we may confidently look forward to greatly increased efforts towards the proving of the Field, the endorsement of which has been such that it's possibilities as a remunerative cannot be overlooked.
 One of the commodities which will be in most demand is oil | which has looked upon during the period of the war as one invest ment which the cessation of hos tilities would affect only for the better aud we confidently look | forward to such strength in these stocks that the exploration for petroleum will become the great est direction in which newly re- leased capital will be sent. The placing of the ruined countries of Europe on a new commercial basis will entail a demand for oil and gasoline such as the world | has never seen. The reconstruct ion of devastated towns and cities will be responsible for no small portion of this demand. The full commercial activity of England, France, Belgium Austria Hun gary, Turkey, Germany and Russia which must eventually occur, augmented by normal family conditions is a subject in itself in considering the new de- mand which is to be made on the oil industry.
 Oil well materials and casing will be more easily available and this will dispose of the faint hearted citizen who permitted the