The producers news., 1927-11-11

oIf y md 5d Pertinent
ss..s8Ss5Hs Pertaining
XIII + I99S5lI8s and Eg9HtS
y 70 I:, IG:f,g9t and Small
ColceHH
.3 T.. ci. man who c..ai-
sNt "a ~ mi.ai Of tao Rockefeller
aged ini !. "'s. again IA tie public eye.
ria's.s,, ef the reas articles in The
lif 'i1-. .bo,t tie same as whon the
pa' /, Dsed Walsa aad Wheeler to
s..oa'1 .. of their more dangerous com
pai one :, ant q business This gees
FlIoI, sbat seme of the old enmlty
to 'aos ND ' t5at tho octopus of oil
sl... ...I'-ds @Dr the Oklahoma man as
.H.I IT, rro should be put out OF
% 'l'~' Me published a letter
h'n .ioa 5D' that he was not playing
iEFs,',0' of the standard when ne
be s5.a} any On ., his famous Teapot
eno'',r ',or,estigation. ] join issue
POM sitb the Senior Senator. and
i'fe ~, non wro roads these lines
Is. ., = i5at am basing my ass(%
itlAs ,'r, ra,,sprrorted acts | would
a9a' III Sm 70 an article, by Lou
rief h" ~ aNation" of August
tis1s' ,ool Fischer who is a careful
W., tor at tIat time said;
a's,,l-S5,g -5sre in tie United States the
l',, 'o.' oh Company and tao Stand
N.s,SI oI maize common use OF a small
aa NJ r,e Elsev in the United
H " and Throughout, the world the
~ nnoalies are euttarodt compe-
nrs
pts oi ieds in Ru sia. one OF
a-est ue petroleum deposits Of the
"A before the war was controlled
.''l Il. swedish Nobel Oil company.
~. mo Bolshcgik revolution t1e
sa.s',rj a',' on company of New York
"A M Standard Oil company 81
~ Jersey bought most of the Mob
i,,srests in the Baku field. But
russian government natiOnalized
B1ku field and refused recogni-
y, n tbe claims Of the Standard
"A The Standard has therefore re-
rpei with hostility any interest
aHnr 70 acquire rights tG this field
r,er,e to its own claims.
IN northern Persian oil fields: In
lqls one Khostaria. a Russian. OBJ
bnd from the Persian government
,mce,son to exploit oil in the five
mrIrres Of north Persia. In 1920
gso.taria sold his rights under this
gresssion to the AnglO-Persian Oil
pnBany controlling interest owned
h NE British gOyernment). In 1921
Pasil concluded a treaty with SOvi-
Russia by the terms Of which ii
ye agreed that the 1916 KhOstaria
meessim was void for coercion
uadiced by the Czarist government
On The Persian government, and by
las treaty Persia agreed not to give
oaCessiOns on this field to any gov
ngent ,qr8 citiefg.4f ana 0qEeGn-
Ts,sb, the British and American
nnraaies in particular were eX-
duded BY this alliance.
Notwithstanding this treaty the
standard Oil in 1921 conducted
Irqlby negotiations in Persia, and
h december Of that year obtained
ane rights to the north Persian
fFa In 1922 there was concert
klven the Standard Oil and the
Bnglo-Persian company where these
Two companies were to ''gO 5O-5O'
On the exploitation of that field, n-
Der the old KhOstaria claims. But
Russia interposed objection, and Per
aa vas forced to cancel the rights 1t
had granted. Thus Russia a second
time incurred the enmity of the
Standard Oil.
In June, 1923, the Persian govern
mmt enacted a law providing for th'
granting of a concession on the tlel(
IN question to an independent
American company, in return for
loan Of S1O,O00,OOO. In December
1928, the Persian government signe
m agreement with an agent of tn
Sinclair Consolidated. Sinclair pre-
vailed on the Persian Parliament
ratliy this grant. cit was charged
The Persian press in January, 1872
NAT he bribed the Persian Prin
Minister to the extent of $275, 600
Sinclair also about this time Obtai
ed a concession from the Russi;
government in the Sakhalein fiel
hH success in Persia was made pc
sOle, Of course. by the action of Ru
ga IN barring out the Standard a
ue Anglo-Persian. 1t is so far a
parent that the business relations
russia with the Sinclair ConsOlidat
sae good and their relations W
ne Standard very unfriendly.
In this connection Fischer poi
Ga' that Secretary Hughes, amC
MS conditions announced as nee
sa! before the L. s. would rec
~lS The Russian government, tn
blI mi BAkU FIELD SHOULD
ULNAIl0NALIZED
e Q9e of the greatest petrOl'
;,"Ss IN the world. and the grea
u u russia, lies in the Caucasus.
s, salf obtained a concession on
al nSa IRON the Soviet gOvernn
On an lhE CONDITION THAT
SGoosAlN FOR THE RUSS
OoOOOO = 1'-A1' VI 2
sae .ae blow which the Walsh il
g. Tsa'l9n gave Sinclair obviously
gl grIl''d him from floating anyt
s@e a quartcr-b billion loan for
ofe /! also removed his pals
NM The Standard
S'sn \ With the Anglo-Persian
i, "set net eliminate the Rocl
sI;. s0mDany unless it chooses
NUN ,.,,u,aale itself BY further a
FS- FSnls with other British orgs
9oS aS ilSe the Royal Dutch and
nsIt. I, For in reality such :