Bisbee daily review., 1919-03-29
BRITISH GOVERNMENT
 WILL FORM WORLDS
 LARGEST OIL TRUST
Big Petroleum Firms Owning Land in Texas Will Be
 Taken Over


 LONDON, March 2s.-CBy the Asso- eiated Press. .)-Profitting by the cost ly experience of war. when it was com pelled to send enormous sums into other countries in payment for petro- leum and petroleum products, the British government had adopted clearly defined oil policy, and is al- ready credited with financially back ing what is expected here to develop into the most powerful oil producing, refining and transporting enterprise in the history of the industry.
 The governments first important movement. it was stated.by authorities here, will be the creation of perma- nent oil ministry. The next move, it is asserted, is the combination under the protection of the government of thts most important oil companies op- erating in British and neutral ceun- tries, If they are wholly or partly British owned. These include such concerns as the Royal Dutch, the She'll afH the Lord Cowdray interests.
 Controls Texas Property.
 The Royal Rutch-Shell group con trols immense production in many lands, including many properties in Oklahoma, Kansas, Texas, California and Wyoming.
 Interlocking directorates give it a commanding place in such companies as the Burmah Oil company and the Anglo-Persian Oil company. The Brit ish government is the largest stock holder in the last named company, while the AngloSa Petroleum Co, an importants ubsidiary of the Royal Dutch-Shen interests, has a selling contract with the Anglo-Persian com pany whichs brings all these interests close together. It is generally accept ed in London tha tthe British govern ment is not altogether satisfied with its 40 per cent interest in the Royal Dutch, and would like to have a more important financial place in the cor poration- This sentiment, it is said, is seconded by the most important Dutch stockholders. who feel they would enjoy added safety for their investment if backed by the financial and military power Of the imperial government.
 Powerful Company.
 >e Pearson oil interests, that is, the Lord Cowdray companies, are perhaps the most powerful of all the British companies. -lf
 The cowdray interests include i'm portant holdings in Mexico, where they have developed large producing field and brought it to a nigh state sof efficiency, including possession of the necessary refineries and ships for the manufacture and transportation ! of their operations, and have taken ad- vantage of the experience gained by Americans from the early days of oil discoveries dn PennsylFaniaI Even nov the operations ID England are largely carried on by Americans.
 or the dndeYeloped territory to- which the British government is said to be looking, none is more important than that known as the Persian field Here the Anglo-Persian On company has a concession of 100000 square niles on which number of wells have been drilled and which already has an annual profit production of ten thousand barrels. Geologists believe that this field extends into Mesopp- tania, where British influence is al ready so firmly established as to make development here only a matter of de tail. Other sections of Turkey are 1, sadi to be "ol country" while the Egyptian field developed during the var is considered of importance, British oil men believe Central Africa will eventually become an important Uproducing center, and their eyes are turning in that direction.