The Holbrook news., 1918-10-04
LEGITIMATE OIL PROMOTERS DE-
 SERVE HELP
A sTIFF UPPER LIP NEEDED

A STIFF UPPER LIP NEEDED
 There is an old saying that the
 man who considers the wind will
 not SOW and if he looks at the
 clouds he will not reap. The wise
 man makes his opportunities and
 takes advantages of every favor
 able condition. So it is in the
 mining business and the oil busi- ness. The promoter of legiti- mate enterprises in. the mining and oil fields is a patriot. He puts idle dollars to work and makes them multiply, adding wealth to the nation for the good of all. The mining and oil indus tries are two principal industries of the Rocky Mountain country, and if a damper is placed upon the activities of the honest pro- lnoter, these industries will go backward and hard times will come to the west. If this condi- tion was to take the place of our present prosperity there would be no funds for new Liberty Bond issues and other war se- curities. It is very necessary tc keep our industries active and make money if we are to con- tinue our usual 100 per cent fi- nancial support that we have so gladly given our government in the war emergency.
 The banking interests, with their own axes to grind, have al- ways been opposed to the sale of the speculative shares of pros. pect mining and oil enterprises. They fail to realize that every mine was once a prospect and that every oil field was at one time wildcat" territory. Crooks, masquerading as mining and oil men, often give a black eye to these two grand industries, but the banker well versed in if nances should be able to separate the sheep from the goats and should not cast reflection upon the vests two greatest indus tries because of these parasites. There are crooked individuals in the banking business, but the banking fraternity as a whole is not condemned because of this fact.
 Mining and oil promoters of the country-the developers of new mines and oil fields-must bear up under the new handicaps brought about by war conditions and war financing. The Mining Record is sure that Uncle Sam does not wish to stop any legiti- mate effort. The nation wants gold and silver. Production of these metals must be increased. The old mines are producing up to the maximum under present conditions and in order to in- crease the output of money met als new mines must be devel- oped. There is a shortage of oil. The east is already feeling this shortage. Sunday joyriding has been stopped in the eastern states that there will be a saw ing of oil for war purposes. New oil fields are being developed and the financing of these new en- terprises is under way. The pa triots who are developing these new enterprises are working | harder than ever before. Ambi- tion cannot be killed by legisla- tion. Difficulties placed in the path of the promoter of honest | effort must be overcome. A man who is broke cannot buy Lib erty Bond or subscribe to the 1 Red Cross. It takes money to make money and dollars grow in | legitimate mining and oil enter prises. The nation at large | should help the man who is hon. estly developing a new mine or oil well. Any effort to stop this l development is a move backward | and should be overcome.-Ari- zont Bulletin of Oil and Mines.