The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-06-24
M MARKEr QUOTATIONS..
Goye Taken to Task for
Position on oil Tariff

Position on oil Tariff
,,.onr the contributions to the
..sr.ture relating to a tariff on oil,
has appcnrcd a smoothly
.ar5scd but statistically unstPpDIt,u
o.. .I.icd brief p~urpurtinE 10 come
,..m the American AutomooNe
...4ttuu (Which, by thr way, IA
,1o real representative OF INC
,hi Industry, which Is in fact
,.~.4.utpd by the American Auto
ta chamber of Commercc) out
,-.rh document Is accredited 10 tN-
-..tfor Gore Of Oklahoma, VINO Is
.., rcportcd 10 be in the employ or
H. pohcuy, the principal producer
"I I~,-n,rtyr Of Mexican crude.
leading oil men here who actually
t.'y snmcthinC about the produc-
I..o Of oil and the affect or inc I'M
,.,ts from Mexico were dlVldcn IN
b.. gharacter of comment made up
'0 ,ho contentious contained In tho
,,-euator's screcd. Among arsu-
Io.1fs advanced by him AGAINST "a
...fg an oil was that a tarlit Woulu
seriously reduce the E'au.,hs 'apT''
,,1 make the price higher T." auto
nti. owners. that II would pro-
i... ma revenue and that II would
~ Unfortunate to adopt a tarlit on
wv, " , , time when Secretary Ban
theirs were trying TO hep the
ri oil company, Mr.. Doheny
IA others, to obtain a foothOlu III
f.rslen oil fields. Also thht w
-buttirg out OF Mexican OIL Wuu'u w
"a sad blow to tho Few American ~
"h,rics and oil fled workers VINO
rov employed in tho Mexican
%.o,ds lie also objects to raising the
10 NJ fuel oil to the eastern manu-
t..turers and concludes win tle
t,rS,ijnr intimation that It only costs
a, cents n barrel TO produce OIL III
Inc United states.
one prominent producer said To-
dav. IF the ex-senator be the author
of this remarkable document which
consists entirely of fine phraseology
and a doarth OF supporting figures
his attention should be called to the
TACT. that It takes about four barrels
of Mexican crude 10 equal n Of do
NESTLE light oil so far as gasoline
content ia concerned. And this re-
f,rs 70 the better grades of Mexican
oil. The lower grade only contains
q pcr cent gasoline. II through TINS
influx Of Mexican oil with the con-
soquont price recessions, We Ioee
some 100000 American oil wells
which are producing an aVerag" or
about two barrels per day together
with the casinghcad gasoline derived
from those wells, we would have 70
import three or four times as much
IifS grade oil as Mexico is able to
furnish in order TO make up the loss
i'm gasoline. But at the same uhe
tho stocks Of other refined products
would be piling UP at the ~reflnerles
ont Of all proportion to the demand.
In other words, the imports of low
grade oil destroy tho equilibrium ana
give lis an ovcr-plus of some prod
nets but would actually create a
shortage OF gasoline ana therefore,
raise the price Of II to the oklahoma
farmers who have 50 persistentIy
voted to keep Mr.. Gore IN the senate,
This would be true hecause Wheh
other products are not moving, gaso-
r,rn has 10 bear the burden Of re-
filming costs as well as the cost OF
crude TO the refiner. Foreign oil I'M
norted into this country does not now
produce any more Basollhe imam We
manufacture from ~CaslngheAu BaS'
II We should lose our old wells wlth
their rich Cas!nghcad gas, we Would
lose a greater gasoline supply rom
that one source alohe 'hdl ''N''
Is able TO furnish"
wells at from Is cents per barrel ioi
The low grade and 40 and so cenE
per barrel for the high grade ant
with II selling on he Atlantic coas'
for $3.50 to $3.50 per barrel, !. doe'
,ook like there would be sutfIcleh'
margin OF profit for the lmpor-eF'
IN nav a small tariff to holp detraS
the expenses OF this government
which, according to the senator ~
so keen to help these importers se.
established in the OIL business ="
other countries" ~
acaI so much with the .ciontln'
ado OF the question, but CONSISTED
moro Of an outburst OF INDIGNATION
over the prcposterous attitude as
suned in the brief wherein 80 mt,i
vmnath was displayed for IN
Mexican oil workers and the east
ern manufacturers. \ promlnehI re
rublican eXclolaimed, why theI'
are only a few hundred America
oil field workers in Mexico a
against 100000 people III ~
United states who are employed an
obtaining their sustenance from w
domestic oil industry. "a
~ tho tariff should seriously us
rress the industry IN Mexico sal
". =. Skelly, they can bring th"s
Few hundred oil field woFNvtH "
hlro and we will give them he''e
t,hs 1T better wage n reuter- sur
raundings than they can ever ny
/. q, vel I'm any foreign country. a
> ~arvy,ya understood that It was on
~ N t5e objects Of a ,ar!f: to tnabi
American labor to get better wax
md TO maintain its postum rs -
highest paid labor in the word.
senator Gore actually wrote ma d,
.'c'e l wonder wha. the 'houSlh,
~ oklahoma oil field workers mn.
NJ his evident Willingness 20 "a,
r.slre their Interests, althougn w
have voted for hin many 1.n'' =
m. mast. in order 20 lmproI" VA
s,,Y,,ion Of a few men in MeNle,