The Washington times., 1921-03-14
j. s. OIL DEALS
. AID COLOMBIA
Senator Borah Charges Move
|. For S25,000,0 900 Treaty Is
Inspired by Wall Street.

ators who are opposing action by
the Senate.
TO AID DISCOVERIES.
They are preparing to air their dis
coveries when the Senate resumes
consideration of the treaty in the
Forthcoming extraordinary session Of
the Sixty-seventh Congress. They
will attempt to show that powerful
American oil companies, including the
standard Oil and Sinclsir' interests,
stand to benefit from any pll:adon
of Colombia resulting from the pay
ment Of $4,000. 900 by the United
States to the South Am srican repub-
lie, which once moved to annual their
oil concessions therein.
''Some of the concessions" said
Senator Borah, ARE absolutely con-
tingent on the ratification of this
treaty and the payment of <25 10000.
lin granting the concessions President
lSuarez told the concessionnaires that
unless the United states made THIS
payment his government would fall
and his successor would evoke the
concessions.
Tho men who got concessions on
such terms are simply gambling with
money to further private ends. and
are not hesitating to further the
scheme to besmirch Theodore Roose-
velt's name to gain their purpose"
| At one time Senator Fall, now Sec
rotary OF the Interior. proposed what
was known as the petroleum amend
ment" to the treaty, under which CO.
lombia would have agreed to nullify
the American oil and mining holdings.
| in that country.
This move followed the promulga-
ton OF the Colombian decree national
izing the oil lands. Later a sub
committee of the Foreign Relations
Committee reported against the in
| clusion of the amendment on the
ground that the Colombian decree had
been invalidated by the Colombian
Supreme Court.
FROM GOVERNMENT REPORTS.
Senators fighting the treaty gave
out today the following extracts from
a Government report listing the
American and other oil interests in
Colombia:
"The Tropical Oil. controlled by ths
Benedum-Tree Treat-Crawford inter
ests Of Pittsburgh. was incorporated
In Delaware, June 8. 1915. Recently
1t merged with the international
Petroleum Company. Ltd, a subsid-
larry OF the Standard Oil Company OF
New Jersey. The plans OF the merger
call for the organization OF a new In
ternauonal Petroleum Company. Ltd.
under the laws of Canada
"The Tropical Oil Company acquir-
ed the lands of the De Mares conces-
sion lin Colombia), embracing be-
tween 1000, 900 and 100000 acres.
The company has exclusive rights to
| the products of the subsoil and to the
use of any Government lands in Co
lombia for purpose OF laying pipe
lines and the privilege to condemn or
pay and arbitrate for private prop
erty for this purpose. Probably 81.
600. 900 has been spent In development
The Barco concession occupies the
| entire northern part of the Depart
ment of Santander del Norte and Is
situated directly opposite the proven
oil fields of the Maracaibo region of
Venezuela The concession contains
about 1.500, 900 acres. This concession
| was taken over by the Carib Syndi-
cate, Limited (American) In 1917.
The concession carries the privilege Of
the exploitation Of asphalt and coal.
| The government Is to receive 10 per
cent Of the gross production and re-
tain certain other measures Of control
DOHERTY INTERESTS CAME IN.
| after considerable exploitation
work on the Barco property. the Carib
| Syndicate transferred three-fourths
| Of its interests therein to the Colom-
bian Petroleum Company (the Doherty
interests OF Pittsburgh. This COM
pany is to do development work on a
royalty basis and already has COM
menced a well on the banks OF the Rio
| tAlx d~
from the big we'll OF the Colon De-
vciopment Company in Venezuela
| 1.-THE following companies have
| manifested an interest in the petro-
leum resources of Colombia, either by
acquisition of property through pur-
chase, lease, or concession, by explora.
ton or by resident observation:
| prudential Oil Company. Gulf Oil
and Transport Company, Sinclair Oil
Company. Island Oil and Transporta-
ton Company. Standard Oil Company
Union Oil Company of California,
Atlantic Oil Company, MARITIME Oil Co.
Cartagent Oil Refining Company. To-
lima Oil and Refining Company. Trop-
ical Oil Company. Colombian Petrol
cum Company, Carib Syndicate, st.
Clair Oil Company. Azenson interests
| Of Oklahoma, Three Seas Petroleum
Company (the Kelly interests), Allan
tic Gulf and West Indies Company.
Transcontinental Oil Company (the
Benedium-Trees interests), Leonard
Exploration Company. Emerald Oil
Company. Guffey- Gillespie Oil Com
pany, West India Oil Company Of
Texas. Antioauia Petroleum Com
pany. Magdalena River and Coast Oil
Company, Midco Company of Tulsa,
MARYLAND Renning Company, National
Petroleum Company composed of
prominent Colombian citizens), and
| the Bradford Columbia Oil Company"
| IN an I'm n MI M \ 4 4 an Nh