Pine Bluff daily graphic., 1919-03-29
BLAND WILL |1PERATE OWN
 | OIL BUSINESS
Profit By Costly Expe- knce of World War.
|rRpRISE TO BE
 [RGEST IN HISTORY
psrt of (ndeyelOped Oil Ter Iary of World Lies Under British Domain.
Thursday, March l.

lon Thursday, March 13.- snondence of The Associated 1.-The British government is into the oil business. Profit the costly lesson of war when compelled to send enormous pto other countries in payment troleum and petroleum prod has adopted d clearly defined jcy and is already ere dited financially backing what is ex- here to develop into the most tl oil producing, refining and brting enterprise in the history industry.
 s concerning the govern policy have been in calcula- a number of occasions and were revived by representa- the Royal Duties Shell Oil Is who were about to take
 of the Mexican Eagle Oil y, an important member of Id Cowdray group.
 government's first important 1t was stated iby authorities, the creation of a permanent ', the machinery for which in the petroleum departments looked after the Empire oil during the war.
 Will Be Advisers.
 machinery will be charged De task of acting as petrol wiser for all departments in- the army, and what is more |nt, the navy; it will have con- T concessions for the develop possible oil territory within pire and will advise and as- tish companies or individuals lining concessions and leases p countries.
 Importance of the ministry will sr understood when it is real at a large part of the unde-
 oil territory of the world Ter British domionion and, ac- to British law, the capital of
 company operation in Brit rtory must not be less than cent British-owned, and all lrol must be in the hands of citizens.
 To Combine Companies.
 next move in the development policy, it is asserted, is the alon under the protection of emment of the most import companies operating in Brit neutral countries, if they are or partly British-owned. ison Interests Want Out.
 carson oil interests, that is .Cowdray companies, also aaps the most powerful of all ;tish companies. Being first plonetrs and developers of territory, they were compelled Or circumstances to enter lmag, transporting and mar aelos, Recent reports have ~ the Pearson interests were Of getting out of the busi- well informed persons, in 'ae governments petroleum LUX to it as a logical pur- owvdray interests include inn holdings in Mexico, where e developed a large produc-
 ana brought it to a high .s .sslnclencp, including posses .le necessary refineries and
 lae manufacture and trans or their products.
 Control Trinidad.
 nave also concessions which u the oil control of Trinidad ,o oest parts of Algeria, while nsag a'llng now going on in Eng auer their direction for the aeat Will give them A com s, place in the British Isles if as.oVered here. They have ,lalp ,nlmpioyed American geologists Ie.s le,1 Tn their operations and n s;a aaVantage of the expe- s" aeu by Americans from the vss s of the oil discoveries in Nr,a' Even now, the opera m Iagiand are being largely on by Americans.
 So qnadeveloped u territory to rs os,t British government is said as none is more important which is known as the Per tb;a ;eoioglsts o are of the opin-
 s a held extends into Mes so "aere British influence is pvs,a aihly established as to atou tuupment there only a mat
 sa;. other sections of Tur- oi, A'u U. to be "oil country" :" in m men also believe central ns m eventually become an inn fa,ooucing center.
 ysonmpIanles snaIl Associated.
 h haiysls mc, of the oil compan, s ;n raAe up the principal cor Bri,;.Sw which British capital ise1eaan iasn government are inter- Ihichs an intimacy of direc-
 cI. while it might not ex-
 ssed as "fntarlOckknp,s.