The Birmingham age-herald., 1919-12-16

1 sons other interests, with none of them excepting his former relation to a great copper company has his association been officially identified. Many now look upon
 him as one of the masterful group of great financiers which is now taking the
 place Of those others who in the genera tion which has just ended were the lead CTS in American finance. industry and commerce.
 l His relation to the Sinclair properties ] is, however, openly acknowledged He is perhaps the most prominent of the great group of financiers who have been re- gently brought into the directory of the Sinclair corporation. His associates are men of national distinction. as, for in- stance, J. c. lacking, who gained high reputation as the protector of the Utah Copper company; William E. Corey, who is the chairman of the board of directors of the Midway Steel company; Albert H. Wiggin, chairman of the Chase National bank, now one of the greatest of the American banking institutions; Harry
 Payne Whitney and Edwin H. Clark. Colonel Thompson gained his first na- 1 tion-wide reputation as an industrial leader while serving as president of the Inspiration Consolidated Copper company.
 He has also served as one of the gover- nors of the federal reserve bank, and is the master mind in several very large in- drstries, although not officially identi- fi~d with these industries.
 Now Colonel Thompson has demon strated his belief in the great future, which waits the oil industry of the United States by bringing into association with himself a group of banking men who have aided him in providing recently, as said
 above, about s100, ,000,000.
 No doubt Colonel Thompson gave cor T snI 4~ by Harry F. Sinclair, for Colonel Thornp- son has been conspicuous in many en- deavors or undertakings that have had the benefit of the people for their pur- pose, as for instance. in Russia He is
 also sure to succeed in perfecting the Roosevelt Memorial association
 The other day when an embargo was placed on fuel oil that came from the east to the west because as it was charged, the oil companies were profiteering, and when a federal district attorney was bringing indictments against certain oil men for selling fuel oil at $4 a barrel, MT. Sinclair caused to be sent to Mayor Thompson in Chicago a telegram in sus- stantially these words: ssThe welfare of the school children means more than the welfare of any corporation. By all means koep your schools open. I have wired my cffice to place at your command all of
 
 keep the schools going. Never mind about the terms Make your own terms, and will myself pay for the installation rather than see the schools close"
 Mir. Sinclair has been for several years
 warm advocate of the substitutions of the oil tank for the coal bin for heating private residences and office buildings. When the three Sinclair companies came to be consolidated last September, it was found that the new corporation was pos sessed of assets of the money value of
 nearly $217o00 900. One hundred and sev- enty-six millions consisted of tangible properties, such as real estate, oil. and pipe lines and other equipment The rest of the s2i6.0oo.oOo were quick assets. The pipe lines at that time extended from Ranger, Tex, to East Chicago, on Lake Michigan. and were served eight of the eleven refineries.
 MT. Sinclair is believed by his friends, and particularly by Colonel Thompson, to have a great future in the oil industry awaiting him, and as he is still young man, little over 40 years of age, he has in all probability abundance of years in which to complete his work. Oil men read