The evening world., 1920-11-24

the first boat on this side.
Mr.. Vanderlip explored for further
mineral resources two years IN the
Southwest before taking up the pres
cnt international venture. Before
making Los Angeles his headquarters
he was in Oakland, Calf. He has
conducted mineral exploration expc-
ditions in Australia, Burmah, siam,
Korea, in Southern Nigeria as Far as
the Soudan, the Philippines and Cen
tral Alaska.
on all the quests his paramount
objective WIS oil. His first acquaint-
ance with Russian business and gov
ernmental interests was when he was
engaged by n Siberian firm to make
an extended prospecting tour through
the territory north Of the Okhotsk
Sea His experience in the regions
have been described Interestingly in
I'm Search of Siberian Klondike."
This expedition took up the summers
Of lS9S-9g.
Mr.. Nanden!p is a member of the
Institute OF Mining Engineers. His
FAMILY tree is described IN volume
published privately by Charles Edwin
Booth in New York, dealing with the
Nanderllp, and the NandeTliffc fam
HES in America.
A group of twelve Los Angeles cap
italists grub staked" Mr. Vanderlip
in his present venture, which is Gre
ating great business interest in oil
circles especially, as well as diplo-
matte correspondence Each. il Is I'M
derstood, subscribed $4,000 only to-
ward outfitting Mr.. Nanderlip. And
their reward, unless sOmething-
maybe ACKNOWLEDGEMENTS Is expected
to be a siXty-year lease to hundreds
of thousands OF Siberian acres. rich
in oil and coal, and with fishing con
cessions thrown in.
Mr. Nnnderlip assured his financial
packers that, from his explorations.
Tie felt confident the areas he had in
mind to obtain for them could supply
the world with OIL properly developed.
Tho oil Ia in such vast quantities,
50 Mr.. Nanderlip reports, that, in
places, II not only sweeps freely to
the surface but there are even great
living lakes of IL, all i'm open view.
IL is asserted by Mr.. Vanderlip's
hackers that his negotiations with
the Soviet Government all have been
upon purely business basis. with
no political motives attached In
this connection. IL further is asserted
by ms hackers, that all rumors that
President Elect Harding has been
advised" OF the venture are entirely
without foundation.
In the event Mr.. Vanderlip's nego-
tlHtions are fully cOnsummated the
pcal nancierS, it Is understood, will
install pipe line from the oil fields
10 the Behring Sea, Thomas T.. Glib
bon, member OF the financial
group backing Mr.. Vanderlip, saws
that on the concession beng fully
assured, the group will incorporate
for an immense sum" to do an in
ternational business, principally in
oil and fish.
The financicrs Interested expect
their relations with the Soviet GOV
eminent in the event of the success
ful outcome OF the negotiations, will
be happier than has been the eyper-
| fence or American oil operators with
past regimes in Mexico. This, they
hope, will sprtng from the basically
firm friendship Of the Slav for
! America
Conversant with the present world
| oil situation, the financial Eroup, in
! HN'NlhE 'ouNEol OF TINS great OIL area.
asserts it is actuated in it's efforts BY
| patriotic motives, above all to assure
America world oil supremacy.
| Among the members OF the finan-
| cial group are: Edward l.. Doheny.
| Mexican petroleum magnate. and
credited with being California's rich
est citizen; J. F., Sartori. President
| of the Security Trust and Savings
| Bank, Los Angeles; Harry Chandler.
publisher Of the Los Angeles Times.
/ r. w. Braun OF the Braun Chemical
! Company; o. +. Brant, Vice Presi-
! dent Of the Title Insurance and Trust
| Company, Los Angeles. John T..
| Fishburn, President OF tho Mer-
chants National Bank, Los Angeles:
/ Max Whittier, Of operator; Lee A
/ Phillips, Vice President and Treas
urer ~ the Pacific Mutual Life In
surante Company; William l.. stew
art, Pres dent of the Union oil Com
| pany; Thomas +. Gibbon. Corpora
ton attorney.
! II is reported that one OF The arti-
! Cles Of the negotiations has TO do with
! 0 pledge by the Soviet Government
| 10 buy billion dollars worth of
/ products in this country through the
Los Angeles syndicate. 1T means a
new and wonderful commercial era
for the entire Pacific Coast" SAYS
Mr.. Gibbons. 1T viii bring a tire,
meudous increase In American
shipping"
FOR COLDS. GRIT OR INFLUENZA.
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