El Paso herald. (El Paso, Tex.) 1901-1931, 1919-03-10

tieularly appealing, but want TO say
that it is his duty to the state wherein
he makes his money and owns his
home, TO get into this thing and help
put W the money to develop Texas
oil and keep the ownership OF Texas
oil in Texas. where it belongs
Il viii say frankly that the oil men
cannot do it, The field is too large
and we have not got the money. even
collectively. TO do the development
work
Asking for Money Here.
IF We cannot finance our projects
in Texas. where they should be IL
nanced- then many OIL men VIII turn =
towards the east for money some OF
them are already doing so and are not
attempting to put their stot ! on the
Texas market But the majority OF
them are still seeking money in this
state.
You wouldn't put your money In a
bank Just because il had Bank
printed on its stationery would your
he countered. Then why should you
put your money into oil when you
know absolutely nothing about the
company Offering you stock
There is only one way TO invest IN
oil and Dc is the right way DO II as
YOU would do any other business pro-
position Investigate u fully NOT
only look up your oil properties,
titles. leases and operations. but IN
quire into the kind OF men who con-
troll the company and who propose TO
spend your money.
Il l. Business Proposition.
Reduce Il TO a business proposition
and do not take q flier' as you fire.
quently hear said If the oil business
means no more 10 you than gam
bling game. keep out OF H. ~ is NOT
that kind Of a business properly con-
Quoted The only gamble should be
as to whether or not your drill VIII
hit oil, not whether you viii get an
honest deal from competent oil men
Another factor in the oil business Is
this-some Of the best business men
in the world and some Of the most up
right and most honorable men In the
world get into the oil business occa-
sionalIy. They do not mlsrepresent
things TO YOU and they could not dis
honestly relieve you OF cent bul
they are not oil men For instance
know Of instances where such men
embarked on oil enterprises and they
were eventually at the mercy OF in
competent drillers and contractors
who wouldn't have known how 70
bring in an oil well II they had found
it / have seen a Few such men pay
ing twice what II actually cost 70
produce a well and they were honest
about it.
on Man Knows How.
Now. an oil man does not 90 ID
against that kind OF a game he
knows to a cent what Il costs 70 put
down his well. 1t may cost the In
experienced man S65.00O for wei
where the experienced oil man viii
put down the same kind Of hole for
$4,000 That is the difference
with regard 10 the small investor
7 would ten him to spend his money
rs a business proposition, TO look vel
into his investments and not TO entel
the game purely on a gambling basis
The investing public viii find the
legitimate oil men just as ready e
help Dust the crooks as they VIII tlnc
legitimate business men In any line
ready TO eliminate the crooks one
ulegitimate company in community
can do more harm 10 the Legitimate
oil men than ten honestly admins
tered companies So hope the Texas
I people VIII not be misled into the be
i lief that the oil Industry which is be-
ing developed in this state y
I crooked game run by constituencies
men who are after easy money. II Il
not It is a business and one OF the
! biggest in the world"