The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-13
A SOUND. CONSTRUCTIVE poMcY.

Not slnce the establishment OF the oil indus
try IN the west has there been such sane, CON
Mructlve policy suggested as that put forth by
varlous speakers at recent meeting of the oil
producers IN this city. when the suEgostion
that oil producers set about providing their
own storage facilities met popular applause It
was apparent that at last oil producer, had
moved from negative to q positive position,
from der ruotvs to constructive ground
In the past. when conditions became unfsvor-
aide for profitable business, the various pro-
dicers' organizations gave themselves over 20
negative thought and destructive efforts They
were against existing conditions rather than
in favor Of doing something constructive to help
themselves. Now Il doesn't matter how unsat-
isfnctory situation may be, tho relief necessary
can come only from affirmative, constructive
action Merely Bssaillng on established insttu-
ton or practice gets one no place Coercion
has no proper place In human relations.
n It is true tha, oil coca down whenever
additional Investment to store Il becomes neces-
snry It follows that nothing IL to be gained by
merely assailing such natural custom. Con-
structlvo thought and constructive action is the
need OF the hour. n ore doubts the wisdom OF
tho :independent producer purchasing his own
mitsing to the reduced price. one hns the posi-
tive; proof in the history OF various successful
oii' producers In the oklahoma field, Sinclair
thelMcMann and Markham, TO name only q few
of them.
When Cushing was running men Wild with
It's flood OF oil ana tho market was toppllng
daily. the general disposition seemed TO be 10
cit still and the marketing factors or TO
chase the agents OF government to death with
pleas for assistance, Il IL not tho governments
business to 30 interfere in ordinary business.
The, great mass OF producers cvinced no DISPOSE
tion at all to work out their own saivatlou. A
few OF them did, however, and you discover
them today alttng ut tho top.
n the producers have at last learned that In
dependence OF tho so-frcquently planned OF
marketing factors may he earned by erecting
their storage; that tho advantage hitherto
held by such marketing factors be taken
away and held by the producers through so
simple n device, then they have progressed
Wonderfully
The farmer who erects gralnerles TO take
care OF his grain Is as near being independent
OF market conditions as farmer can right
fully become Such a farmer neither demands
the,erection OF warehouses at public expense nor
pays tribute to tho elevator combine. The oil
man with his own storage, In those important
cases where the erection of storage Is practical
has this advantage over the farmer when he
does market his OIL he can market his storage
with IT, thus recoupng himself completely tor
his storage outlay,
II the producers generally-thot Is the larger
producers the ones that invariably re-
sponsible for breaking the market--do erect
their own storage, very substantial step viii
have been taken towards stahlzing the oil
market a consummatlon most devoutly wished
for, And an equal advantage, that OF remoy.
ing much OF the cause for division and acrimony
- the industry will have heen gained.