Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1919-09-24

there was hardly man in tee toWn
who had a bank account Of 900. To-
day there are probably TWENTY-FIVE
who have bank account of S5.000,OOO.
! Millionaires are SO common th.t mo-
body thinks anything about them.
| Everybody seems to have plenty OF
money, even drillers making S12 and
s14 per day.
/ Men and women have gone to sleep
lat night only to awake in the morn
ing to find they have struck oil.
/ The supply Of oil seems ircx-,aust-
lille and the demand will continue for
years, So Texas is due for years o.
prosperity.
Texas OIL Ircxilaastible.
/ In talking with biologists and oil
linen who have been In the business
Iall their lives, ] am informed that
there is SO much oil in Texas that
the supply is practically inexhs stible'
$50 far we have only scratched the
surface" said a leading geoiogist to
me.
1 With modern machinery consuming
Ian ever increasing amount o. OIL and
with England, France and Italy and
lall foreign nations calling upon us
for more and more oil, the demand is
1sure to exceed the supply for long
time to come. Texas today IS the
Aladdin Of the world and opportuni-
tiles there are greater than ever before.
Frankly, ] must confess, that ex-
pected to find lot of crooks IN the
Toll business. All my early training
had taught me to shun an oil invest
ment as i would snake. Qs
However, / must say that in my
opinion the great majority of western
companies are on the level. never
met finer class Of people in my life
than the men who are putting GU.
these Western companies. There Is
no need for an oil company to be
crooked. There is an inexhaustible
supply of oil in Texas and there is
SO much money to be made by simply
being fair and square that it is not
worth while to be dishonest, More
over, the good companies are very
Jealous of their good name. and they.
make it very uncomfortable for the
fake promoter.
/ am not going to tell you q single
thing about the fortunes that can be
made in Texas OIL" said Mr.. Owen
Hughes, president of the Hughes q
O,Rourke Drilling and Construction
Company, one Of the largest and most
successful oil drillers in Texas. "All
] want you to do Is to Jump into my
automobile and let Mr.. Leidecker, my
superintendent, take you around and
see the place. Then you can form
your own opinion" This Is the atti7,
tude that oil people in the west take
toward an Eastern visitor.
So, See for Yourself.
And this is my advice to you. Jump
on train and 60 down and see for
yourself, as I did, the wonderful OPP
portunities which are open in every
line of business in Texas towns ad-
joining the oil fields. Talk with the
farmer boy Of a month ago. who to-
day is multi-millionaire. Talk with
the immigrant woman who invested
$500 and today is worth over mill
lion and owns her own oil well and
is getting richer every minute.
A man goes out and buys a lease
in territory in which biologists have
told him he should strike OIL he
needs twenty-five to fifty thousand
dollars to erect derrick and drill a
we'll, depending on the depth to which
he must dig before he strikes OIL. IN
some sections the oil lies in shallow
fields and in other sections he must
dig much deeper. Barring accidents
auch as drilling crooked hole ana
having cyclone destroy the derrick,
delay in getting materials because OF
lack of transportation, within about
thirty to sixty days he knows whether
he strikes oil or has a dry hole II
doesn't take much brains to drill q
we'll right next to another well WAlch
is producer and srike oil, and II
tie company's holdings are IN pro-
ducing territory where geologists
state there is oil the investor mas
more than an even chance to make a
fortune. It. is when man goes OUT
into wildcat" territory or improved
ground, that his percentage OF dry
holes exceeds his quota OF producing
wells.
The investor VINO buys acreage un-
der s25 an acre uniformly makes
money in Texas.
Statistics show that in the majority
of cases where man has bought
acreage in Texas within hundred
miles of Oil producing territory ne
has doubled his money.
All Manner Of People in the Game.
Here comes Jess Willard, former
champion heavyweight prize fighter OF
the world. Jess has decided to take
a chance or two in the oil game, &C
companied by his promoter and frieni
Tex Richard. They have been credit
ed with investing almost million in
the North and Central Texas fields.
/ met Lew Dockstader In Fort
Worth.
when you get back to New YORK
tell your publisher, Mr.. W. p. Lewis.
that am going down here up to my
neck in OIL, and that l expect to make