The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-24
.,uprr QUOTATIONS.
THE Petroleum Congress
MOnddN
Monday

The PCrOfhH 'o''9''''
Monday
The petroleum congress- "h,n
Monday afternoon IN the
olr r,.,,.,.i,,n a, the city hall, will pc
I.,,,nd "A doubt, the most iht'i'N.
,,,s rntb.ring uf oil men ever ~iu
-hr tinted States. 1hcrc
.',,nr feeling OF resentment among
,,I mon ON account "i unc ~"', ~
.,,,.-y shown the oil producrr
",u' came TO "a tariff, which Is
,n,nII "A. To only have possiplc
)c,r,up ON the price OF crude III ihis
country. ,i, .ioI,
-, MI that IL seemed inIpSSibic
nm any congress representing 'nc
,,.nnlr Of the United states wouiu
to,yn the long suffering OH
,,,, IA, thc request of n dozen opera
,"r. i'm thc Mexican oil fields, head
-, walter Tcaglc, the youn~ man
,,ho IL now president Of the stand
ard oil company of New Jersey Ills
,i.it to the white house on the very
d,y that the president of the 'nncd
80. mailed his famous letter To
chairman Fordncy Of the mouse
,,,,. and means committee. VIII al
,,' be held against the standard
,nt,rc>t. ~ long IA oil II produced
anywhere
THO pIcs that oil to the ultimate
consumer would be raised by TAR
,sf ,,II shortly bc made n hidcous
| inl,c and "a traycsty on Justice Yheh
;bc uc,y tax law. shifting the bur
dcn of taxation to the ultimate con-
sinner. Is framed. II Will then be
found that gasoline Will hc the first
commodity Of them all that Il taxed
and il viii be made 10 pay n rrVc-
uuc of from two to three ccuts per
Gallon. and will he assessed either
at the refinery or at the ihiinG 81"
lion. inst as the standard OIL COM
r,ny urrfcr.. The independent opcr-
ntor or rcfinCr II not likely 10 nave
"A word to say about II.
In view Of the above, II r. not sur
missing that the congress, which
1on,cncs Monday, IL likely tn issue q
mighty strong protest and warming
l 10 the pcople Of the country and III,
resolutions which will he Offered
will endorse. according to Prcsi'
dent Gray of the Oklahoma Oi
Mems Protective association, IA tariff
Of two cents per gallon ON crude oil
together with resolution protest
ing against any authority TO bi
given the president To levy an EN-
bargu on foreign oils ns n rctalltor,
measure.
\ resolution will also be offered
inviting foreign capital to come int,
this field and invest In pipelines, rc
fincrcS and i'm production.
President Obrcgon OF Mexico vii
he Complimentcd for his assistance
I'm raising the price of fuel oil.
The Federal Reserve bank vii
h. the subject OF the resolution oI
account OF its attitude toward tn
OIL industry.
Newspapermen are on the Job
Preutiss Moore, representing tn
Wall street Journal, and r. L. Dud
Icy manager and editor of the Oi
Weekly, both OF whom have bee
opposed 10 tariff, but who ar
both said to be open TO conviction
and can no depended upon'to SEN
Interesting stories from the Tuls
! meeting and Of course all Of tn
magazine writer's representing wide
sF'rF separated publications, will be l
\ attendance, And many other news
papers have their men on the way
The big fire, advertised muc
bigger than 1t really is. in MeN!cr
whore four wells are burning. ac
cordins 70 information, receive
from Mexico city today came a
an opportune time TO nut the finish
ing touches, II anything was needed
on the tariff on oil in the hous'
but Il IS 10 the credit of oil me
hero I'm Tulsa, that there has bee
no sign Of rejoicing but on the cor
trary there has been much svmpf
thy for the unfortunate ones who's
wells arc burning, and here is hoI
Ing that tho fire Is etXinguished b'
fore any Of them blow out. which
indeed a calamity without n parall
IN Mexico, where the formations al
eott and the water pressure belo
tho oil is very great.
In the event that either OF II
burning wells, he there two or fou
should wear out It's casing and caul
blowout, II would destroy at OF
instant tho entire Amatlan pool.
would be long considered by mar
az an act Of providence, beir
caused by lightning, but never (,
one moment, would there be a ms
IN Tulsa who would undertake
gay that 1t is n good thing that
happened, These same calamiti
happen here as well as in McXic
ana lightning strikes like rain on Il
just and unjust"