Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1919-11-28
OIL sPEcULATioNs NOT EQUAL
TO IDAHO INVESTMENTS

In the early part of the season con-
siderable was heard OF the shortage OF
water. and consequently later OF the
shortage Of crops. in southern Idaho
but regardless OF this there has never
been time in the history of the state
when Idaho attracted more attention TO
the investing public than az the pres-
ent. and people with means. seeking
homes and business opportunities are
coming into the different communities,
which class OF citizens Idaho gladly
welcomes for they are the builders
and The producers who not only bring
wealth. but create H.
Again there is much IN evidence all
through the state and IN our own com
munlty "a class OF beings coming and
going. who bring no capital into the
state. and produce none but whose
business IL is TO take out OF the state
as much as they can separate from the
transporting public and leave nothing
in the place Of II. These are the insis-
tant and persistent spectators who
are continually preying on all com
munities.
/ Al present the oil industry because
Of It's great production, and of the I'M
usual public demand for oil furnishes
an avenue for the interruptions and
fake promoter TO fleece the public 10 a
surprising degree.
During the war. and since. various
companies and corporations have OPP
Grated IN Shoshone and throughout the
state. IN spite of the Capital Issues
Committee. and the Blue Sky Laws,
trading worthless oil stocks for liberty
bonds and other securities to the ex-
tontof hundreds Of thousands OF dollars
and what have the people to show for
~ Perhaps nice looking sheet OF
paper with o green border and gold /
seal bearing the name OF some BIG oil |
company, which has probably passed |
into the great beyond long since, Per-
haps they also have a little ache in the |
heart, thinking Of what they might |
have used the money for that would
have done them some good. That's all.
Think what IL would mean to the
state OF Idaho today If all the good
money that has been sent TO Oklahoma
or Texas or some other state I'm oil 1
speculation had been used to build
homes In Idaho. Many people who are
living In shacks and tents to day be-
cause they cant find houses to rent.
could have been comfortably housed
and sheltered IL we had been wise
enough to develope Idaho first.
All oil prospects are a gamble and
will prove that a very small
percent OF promotion stocks ever bring
returns to the little stockholders.
There are companies OF merit who
have good propositions to offer, but, rs
a rule they don't have to get far from
their own localities to sell a legitimate
holding.
There is no better place i'm theUnited :
States 10 day 10 make really safe and
sound Investments where the chances i
of failure are reduced to minimum ,
han in the great and growing state of \
IDAHO. \
But If you have money to burn, and ,
must speculate i'm OIL investiate first !
rom q reliable source and don't get !,
Itung by the oily tongued fly by -night \
salesman with high class prospectus.
With the panoramic view OF all the oil :
ields of the whole state punched to- ),
;ether in ono grand view. capitalized
or millions. selling "for a short time
My at cents share. and paying
ividends, or something equally pre- y
'oste rous I.
But Il You want something safe and N
ure. keep your money in idaho for c
eVelopement. and watch il grow p,
ather than send II 10 some unknown M
II field for some one else to get the st
enefit OF, thus taking the long chance.
Here's for Idaho First LAST!
nd ALL THE TIME 4
A. A. Garlock.
Gooding, Idaho. %