davidaulloa/AmericanStories huggingface dataset:
, 1935-03-04
ALFRED URGES
CONTINUED From Pare One)

icit, however, Ia of such alarming
proportions that we should at this
time begin o constructive effort
toward its ultimate retirement: and,
In any event. II should not Be per-
mitted 10 increase.
Owners OF real estate, partic-
ularly farm and home owners. are
home down with tax leads too heavy
70 bear. In equalizing the tax
burdens you and ! are going to
tread on somebody's toes. -. we
are. however, confronted with q
patriotic duty Of necessity.
Various groups keep well organ
lied. well financed and intelligent,
paid representatives nc the scene
Of legislative battles to protect their
interests. The great masses have no
protection other than that which
you and ] afford them.
In suggesting various tar levies.
/ want you TO bear In mind that my
only desire t to be OF assistance. II
/ can, IN strengthening out injus-
tees under our present system: and
III dAlC AEORE MA1A GACAEUN VIC (mAl
give needed relief to the average
man, the home owner. the farmer,
the harrted business man"
One Cent On Gas
The governor estimated q one-cent
tax o. natural gas would raise more
than s4.000,O00 annually. He said the
present levy Of two per cent OF value
brought in only s228,956 last year.
He asserted approximately five sixths
OF the gas tax would be shifted 70
consumers In other states who burn
gas piped from the Panhandle.
There is no doubt that the large
sulphur companies operating In Tex
as have paid themselves out many
times over" Alfred said.
Their profits have been stupen-
dous. There Is likewise nc doubt that
in the past they have not contribute
ed anything like their fair share TO
the support Of either state or local
government"
Alfred recommended q tax or one
per cent on the gross assets OF oil
and gas pipe lines. He stated 20 oil
pipe lines reported net profits last
year OF S7S.000.O00 and that the tax
he suggested would be only one 18th
Of that amount.
An ~an-inclusive chain store tax,
without exemption Of filling sta
lions. lumber yards or other estab-
lishmentS. was suggested. The gov
ernor said he did not desire TO in
terfere unreasonably with operation
of the local chain store but the leg
islation should be designed to COM
pei the foreign chain. now escaping
taxation. to contribute its part to-
, 1935-03-04

act: creation OF the Civilian Con-
servation Corps; the act which set
UP the Tennessee Valley Author
ity 70 provide a power ~"yardstick":
a bin establishing the relief ad-
miniStration: permanent banking
legislation; the resolution abrogat-
ing gold payment clauses: the
securities act; and a bill provid-
ing S2.000,000.0O0 for ~refinancing
mortgages on small homes.
Another major event was the
Supreme Courts decision. only
two weeks ago. which upheld the
right OF congress 70 nullify gold
payment clauses In private con-
tracts but denied II had the right
TO do the same thing in regard TO
government obligations.
, 1935-03-04

Continued From Page Oncl w
-
flats near the mouth OF the Arroyo.
and the navigation district viii lat
or dredge about a miles of chan
mel IN the Laguna Madre linking
che Arroyo with Reddish Bay on
the north and Port Isabel on the
south. giving Harlingen and Rio
Hondo a fine water outlet to ex-
cellent fishing.
The channel and docks also win
be available for shallow-draft COM
mercial craft.
The entire program or improve
ment L. expected TO take about To-
months.
, 1935-03-04
CHICAGO POTATOES

CHICAGO, March 4. Rp-U. q.
Dert. Agr)- Potatoes 203. total u.
!. shipments Saturday 1907. Sunday
%: old stock. about steady. demand
and trading light; sacked per cwt,
wisconsin round whites. early sales
Monday, u. s. No. /. .70-75; COM
nsenal 10; Idaho russets early sales
Monday u. S. No. /, l.45-52h, occa-
sonsl car fine quality, commercial
fs0: new stock. slightly stronger.
Demand and trading light: Florida
In. trates Bliss Triumphs. U. 8. No
4 washed few sales mostly 100.
, 1935-03-04
V. =. w. TO MEET

The Brownsville Veterans OF For
eign Wars members will meet at
the WV. hall Tuesday night ut
8 O'Clock, 1t was announced Monday.
, 1935-03-04
p peu need A BUILDER
WHEN you're i.

WHEN you're in
= need of a tonic
weight below
normal and you feel
tired-out and weak,
follow the advice of
Mr.. ]. M. TinSley
of 72l z. Second
St. Bossier City,
La. who said: i
am glad to say a
, 1935-03-04
NEW ORLEANS COTTON

NEW ORLEANS. March {. p
Cotton Monday opened somewhat
mure active but decidedly easier. Liv-
err1ool cables were better than due
but sterling was very weak. break
ing practically ten points. May OPEN
ID 3 points down at 1913 and July
four down at l2.48 while October
traded right after the call at l2.42.
o. 5 points down.
The market eased off 2 to 4 points
additional in the early trading with
Nav at 1899, July at 1916 and Oc-
tober at 12.40. or 6 to z points be-
Low the close Of Saturday.
, 1935-03-04
BONUSDEBATE

Continued From Page One)
paid without a bond issue, and
without an increase in taxes"
, 1935-03-04
CHICAGO GRAIN

CHICAGO. March 4. Up Faced
~ a drastic new break in British
exchange. grain values here under
vent material setbacks early Mon
CAV. General rains in domestic
wheat territory were q contributing
bearish factor. Opening %-A lower.
Nay 97-97h. wheat afterward fell
further. Corn started A-% off, May
83k-%, and continued downgrade.
, 1935-03-04
FIGHTING ON

Continued From Page One)
, 1935-03-04
BOUGHT

Continued From Page one)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-28
Get Ready for the Fourth" =. and Your Vacation
Some People Keep Cool

Under a shady tree-beside babbling brOOk-by
an electric fan-bathing in pOOl-Or slipping long,
tall iced drinks!
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-28
But All People Keep Cool

temperature hOvers around II degrees in tn
shade
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-28

X An average of the temperature
throughout the shopping day!
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-28

The pleated back is the
very newest thing about
this chiffon jacket dress.
It's a navy blue print. Size
II. Other sizes, too.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-28

A dubOnnet red sheer
Jacket frOck with d touch
of white Organdy for a
cool, crisp. fresh look. A
size Is. Other sizes, too.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11
The ''Alpha'' Of Royalties
(Usinq as Many O71e-Syll0ble Words as POSSIBLY

that was I'm the days when the average
landowner had no appreciation of what his
royalty was worth Now days the Land
owner usually sells enough TO pay OFF
his mortgage or other indebtedness or
possibly to get himself a new car or
home, or to finance q crop. He is WILL
ing TO share his future In order TO care
for THE present In other words, IL he
can get enough money to pay all his
bills by the sale OF part Of his royalty
and thereafter a dry hole is drilled on
his Land, Le b far ahead. II oil is found
however, he has plenty left and, besides,
has cleared up q title that might bring
trouble after the property became ex-
tremeIy valuable.
So In this instance, Mr.. Smith decides
that Ee viii sell part Of his rights,
which rights are called LANDOWNERS
ROYALTY. Here I'm Montana the deci-
NAL system Is used throughout. So he
does mot sell q FRACTION OF his royalty
Ga half or a quarter OF on eighty but
ne sells the right to receive certain
percent of ALL THE oil and gas produced
and saved. II he sells to an investor a
1% royalty, the investor buys the right
to receive one barrel out Of every 100
barrels OF oil that may ever be prOdAuc-
ed and saved from that Land. The investor
who buys 2% will get two barrels out
Mr.. smith OWNS this oil in under
ground storage How much, he does not
know. III the land contains 10000 bar
reIs under each acre. then his 100 acres
contains 1900, 900 barrels Of oil. He
OWNS 12k % Of 1000, 900 barrels. To
the man who buys 1 % royalty, he trans
fers the right Oreceive 19c of 100000
barrels Of 10000 barrels. II the ground
contains only 5000 barrels per acre, then
the person who buys 1 20 of Smiths roy
atty gets 5000 barrels as his share: and
so on. The oil must be delivered TO MIR.
Smith or his assigns FREE OF COST OF
PRODUCTION.
II Mr.. Smith KNEW that his land
contained 5000 barrels per acre or 49,
600 barrels per acre or any other definite
amount, IL would be simple matter for
linn to fix a price. But because he does
not know positively whether the land con-
tains ANY oil, he Is willing to give the
investor the benefit OF the doubt I'm this
instance the landowner is quite certain
that this is oil Land for the Out Bank oil
field has sprung up around him. hIs
land as not yet been drilled. He ID wfEkh
in short distance Of producing wells and
therefore he demands and receives $3.50
for % on each acre.
The value of a royalty is always dis
crfbed In terms OF what ONE acre
will produce. All production figures are
based ON the yield-per-acre. So he sells
ON the basis of $3.50 for 10 on one
acre IL is a simple matter to figure the
value OF 10 on 100 acres for it is
merely 100 times $3.50 or $500. That
is the price he win accept for his chanc-
es OF getting % OF all the oil under mis-
land. II there Is NO OIL then he is ahead
$500. II there is oil, then he has lost
nothing for he has INV royalty left
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

Tom: "rhe other day asked ny
canary how could tell when gin
has bow1ees.
Pat: Your canary! what did It
sayH"
Tom peep. Peep"
u q q q
Was she pleased when you gave
her that charming undie for her
birthday.
Yes, but she cried a little"
she did7"
yes. she said it was her nrst
slip"
q q u q
Man is the only animal that
drinks when not thirsty and makes
love at all seasons.
q q q u
Member the old-fashioned girl
who hunted an alley when one OF
her stocking came down?
q q q q
His bachelor apartment must be
a very nice place"
"Oh, no, that's where you err. 4"
o o q q
Give a man a free hand and he'll
put it all over the other sex every
time.
q q q q
An old fashioned girl who be-
lieves in safety first Is the one who
takes her cigarette out OF her mouth
before pulling her nightgown over
her head!
q n q y
Ed: II just bought some Mae
West stock"
Tom What for?"
Ed: Il thought it would come up
some time"
o o . o
Love at first sight" generally
end, in a divorce at first fight.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

" VERY once I'm q while we are re-
minded that much Of the time we
1@ are lover the heads" OF our readers
when we 20 into discussions of recover
ables and methods OF detexmining royalsy
values. We have learned so much about
royalties in the past fourteen years our
selves that we frequently forget that only
one person in ten thousand In these
United States have more than a general
idea of the meaning of the term royalty"
Few Of the members OF tins Organiza-
ton do not understand royalties and to
them these discussions of recOverabaeS,
together with theories of accumulation.
are perfectly simple. But 20 a person
who desires to t0in thas organizations,
this discussion is almost foreign Ian
Ruage.. This was pointed out by a letter
received from an Eastern professional
man thas week. He has been reading
about royalties but his ideas are very
vague.
please start from the beginning and
tell me In words OF one syllable" he
WRITES. He is apparently a man OF
letters and the fact that HE does not
understand the operation pf royalties
points ont that many people who may
be reading our literature likewise lack
the alpha Of royalties
We can describe royalties braefly-h
our older members win be patdent--and
save ourselves letter writing and possibly
a new publication.
We win describe the current royalty
offering this week to get the principle
OF royalties, without giving the correct
name and emitting the description;
John Smith (Which is not the correct
nan1el homesteaded 100 acres north of
the town of Cut Bank and after due
course of time, received patent from the
government He owns this land and
upward as high as the sky and down 20
the center Of the Earth, ty virtue Of has
title vested I'm HAM by the UnAeed States
government. This includes minerals.
A man desiring TO prospect for oil
and gas under HIS land asked for per-
mission to do so. The operator was not
sure that the tract contains oil. neither
was Mr.. Smith. So the operator agreed
that HE would drill a hole ON this land.
within a reasonable time. and In return
for permission to take out any oil and/or
gas he might find, the operator contracted
to deliver to Mr.. Smith One-eigIJsh of all
the oil and gas produced and saved.
To Mr.. Smith this means that HE win
receive 1911 barrels out of every 100
barrels produced. Reducing this imned-
lately to the decimal system, MIR. Smiths
share is 121k% of all the OIL Under
the contract this oil must be delivered
TO him free Of cost Of production
Because Of the uncertainties OF finding
oil, MIR. Smith decides that he win share
with someone else his chances. So he
sells a part OF his right. In the Olden
days the town banker or Officials OF the
operating company would buy all or half
of his royalty for a few dollars But
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

which win give IAm all the money he
win ever need.
Meantime, the buyer OF this royalty
reasons this way:
If this land viii produce 10S barrels
OF oil TO each acre and thRs oil I'm Ont
Bank brings $1.45 per barrel, then IL
VIII pay back $3.50 per cent per acre
THE cost Every time, thereafter it pro-
duces 1913 barrels Of oil per acre, he viii
receive a dividend Of 1909 ON his I'M
vestment.
At this point we ''catch up with OIdeR
members of this organization. Every
member has a tabuIation of leading OH
fields of not only Montana but Of the
entire United States, showing how much
oil tile AVERAGE acre has produced.
From that he knows shout what 20
expect. Furthermore, he has the estimates
Of tile best authorities ON Cut Bank field
ON how much oil the AVERAGE acre in
Cut Bank win produce.
The day he makes his investment the
member of this organization has q good
idea Of what 20 expect
Enthusiastically an investment predicated
ON a necessary production or 108 bar
rels per acre affords ratio or proffe
greater than the richest industrial invest
ment can afford. The only question is:
is THERE OIL UNDER THAT 100
ACRES2
Again, this rs where this organization
comes IN. There Is a matter of the his.
tory OF development o. the district w1aich
must be studied before answering the
question. This history OF development
will point out the PROBABILITIES. III
we did not think IL Is OH Land, we would
not handle IT, On the other hand, the
investor win choose this royalty I'm pref
erence TO some other because he VIII
conclude from the facts that it Is likely
to have GREATER production than some
other property less advantageOusly To-
Gated.
We have learned. from the experience
OF more than 100 wells drilled, where TO
expect NO production; where to expect
SMALL production and where large AC-
EMULATION comes in. And a royalty
investor must Study all these factors be-
fore he can make an intelligent invest
ment.
In other words, we teach our members
HOW to make money in royalties. The
investor must first see HOW money can
be made and, so convinced, go steadfast-
~ and confidently about the business OF
making money. He will not be satisfie-
fled with doubling or trebling his money.
He must have odds up to 1OO-to-One, as
have many OF our members on the Fiat
CouIee field, where q well win shortly
be drilling in. Tile greater the hazard,
the greater the reward. thus the love
OF the occasional wildcat. However, the
greatest number of personal fortunes
come from investments In properties be-
tween producers but AHEAD OF THE
DRILL, such as the one we are issuing
to members this week.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

Paayfnw Safe
everything touch lately goes
wrong"
Then don't touch me until
after we're married
u q q q
Parior Magician: Watch my
hands now!'
Girl Friend: ''Huhi I've been
watching them all EVENING""
q . . 9
Observanf Wife
Smiths secretary lat the office) ::
''I'm letting my hair grow"
Mrs Smith: yes, I've noticed
that it reaches Mr.. Smiths shoulders
now. "-Exchange
O q o a
VIII Never Sell
Ajo: Here's a fellow who just
patented a contrivance for prevent
ing girls from falling out Of rumble
seats. What do you think OF the
idea?"
GoozIum: Il don't like it at all.
It's just another move to displace
men with machinery"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11
INCREASED FREIGHT
RATES INTO CANADA

Another advantage for north
Montana crude over Midcontinent
crude in the Canadian market was
afforder recently as increased
freight rates went into effect on
all railroads in the United States.
The new surcharges are called
temporary increases" granted re-
Gently by the interstate commerce
commission but they further bar
Midcontinent crude and gasoline
from the Canadian market, since
North Montana crude goes by pipe
line to the Canadian Pacific ran
roads on. which there are no in
creases in rates.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11
SILVER SCARS

for ''siver prosperity constantly improves
During the past few weeks silver quotations through the
scared This principally due to the belief that the
Government determined establish the price for
new silver at $129
Coupled price according to the Wall Street
Journal almost complete dearh of supply
the white metal cling their stock the belief that
still higher prices in prospect
good example the afforded by Japan where the
Japanese silver dealers association recently raised its
price kogramthe highest price established by
group 1919 contrast the price but 1887
per klogram a year
Thus looks ongdpressed silver mines at last
on the verge of brighter times.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

When the printers left out the
Badger column for want Of space
two weeks ago it set up how'd that
reverberated throughout the nation.
From nine states loud protests were
heard. The most constructive
"objector" was w. H. MODS Of St.
Cloud. Mimi, who contributed a
badger column. It's rather good.
Some II his contributions follow:
Back in the Eighties
Do you remember when every
marriage was followed by the
purchase Of a baby carriage?
q 81 q u
Where Is the .old-fashioned girl
who used to say. Now don't you
dare!"
II was out with one OF the boys
on your football team last night"
I'm what position does he play?"
DO you think I'd tell?"
q q . o
Darling, feel as though we
were already married"
Yes. and you must stop 1t until
we are''
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

New Era Fuel Co.. of which
George Downs OF Shelby is man
ager, Is plugging and abandoning
No. 3 we'll on old Waconia-Lorenson
lease. in NV Cor. NEk NWA 81
36-2W.
OBSERVATION-DISCLOSURES No. 8,
En- SEX 3-34-1W, an exhausted
Sunburst sand producer, is being
plugged and abandoned.
Potlatch deep test is still trying
to plug off water to protect the
Sunburst sand but without success.
It may be necessary to mud behind
the 12-inch, leaving that string of
casing in the hole.
SIND A CONTRIBUTION TO
ussXE cTYArREYRQrs RAnxgER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

what ID bankruptcy 20

dad. what is bankruptcy7"
Bankruptcy, my boy. fs whs4
you put your money in your hip
pocket and let your creditors take
your coat"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1935-05-11

SIND A CONTRIBUTION TO
THE SUNBURST BADGER
Evening star., 1935-01-27

'Well, T"
you see Warwick's at some expense putting
you and Miss Dentfender through school, and
thought maybe just as a favor you might prac-
tice with the boys
Slack hestated "There wouldn't be anybody
in the gym except the players? Nobody in the
gallery?"
Nope not a soul except Mike and me-"
"Wel, then reckon could, all right"
When he had gone Boreske looked at Mike
and there was murder in his eye. Hes got
stage-fright tinted deep yellow. That's what's
wrong with him."
"Him9 My gosh. Borleske, don't see how
a big guy like that" Mike spluttered "You
just wait I'll get him to play"
But the days rolled on, and whenever the
subject of the State game was mentioned Sloan
Slack grew as skittish as a shy mare In the
horseless carriage days.
In practice Borleske played him at center
and what center he was! The papers got
wind Of it, and when Borleske let some Of the
sports writer's huddle In a dark corner Of the
gallery and watch the play (all unknown to
Sloan Slack they whistled through their teeth
and asked Borleske why in the name Of such
and-so Slack was on the second team and not
on the varsity. At which the coach could only
shake his head sadly and glare at Mike Flaherty.
ND then, at last, Mike rushed into Borleske
with the solution to the mystery. "I got
It'll" he yelled into the coach's ear. IT found out
why OlaCk QOnt WanC W play DcloIc q CTOWu
We'll" said Borleske. with the air of one
who's past caring. "Why?"
Hes bashful. He don't like to skip around
in shorts in front of all those people!"
Only Mixes solicitous arms kept Borleske
from crashing from his chair to the floor.
'Wha what did you say?"
Il said he don't like to appear semi-nude in
athletic contest, if you like fancier English.
I finally got the dope from Elsie Dentfender.
That's why he wouldn't play in high school.
He's been living out there on the farm with the
old man for so long that he's got a complex
about it. He'd play foot ball and base ball, but
never basket bal-on account of the uniform"
Boreske stared as if he felt himself about to
go insane. And Gid Elsie, may I inquire, have
any ideas as to how we might overcome this
tendency toward excessive modesty?"
Sure! She's got it all doped out so we can
use him in the game against State"
Evening star., 1935-01-27

BOrleske straightened. whats that?"
She says If we have the team wear long
pants and roughneck sweaters that Sloan will
play. She says
But before Mike had completed the sentence
he was 10 feet beyond the door Of Borleske's
office Also he was sitting on the floor. But SO
delicately Is the human constitution balanced
that Mike F1aherty sprang up with the Begin
nings of an idea. Hey, coach!" he yelled.
Coach, will you let me arrange game between
q couple of the sororites as preliminary to the
State fracas?"
Borleske's voice issued like that of a wounded
lion. Il don't give q blankety-blank If you
arrange q circus parade-only get out"
Well, you've already seen it in the sports
pages. You already know how Warwick put 1t
over on State 81 to 2, that unbelievable score
against team that had been touted for the
conference title. And you've already read how
Borleske kept his mouth shut, and popped
basket ball genius on the floor at the very sec
ond before the whistle blew to start the game.
You've probably seen at least a dozen pictures
of Sloan Slack in the magazines-especially
that one advertising and indorsing BeejayS
shorts and shirts.
But what you don't know is why Slack burst
into Borleskes Office minute before the State
game and said he'd play-said he'd play In
shorts and shirt or maybe even in only his bare
feet. He seemed hopping mad at the time. but
Borleske didn't stop to worry about that. He
got him onto the floor at center.
MOT even Borleske knew why until the game
Y was over And he didn't have to hunt up
Mike to find out. Mike bursting with 1t.
You see, this Dentfender lass wanted him
to play Just as much as we did-and she didn't
have any old flannel notions like the guy she
wants to marry some time, though nobody knows
why. So what did do? I arranged game be-
tween the Delta Sorority and the Kappa So
rority as a prelimnaly-with little Elsie play
ing right forward for the Deltas. And looking
mighty cute in shorts and MILDLY, too.
"Well-Sloan saw that immodest exhibition.
I don't know whether he was shamed into
playing himself or whether he just wanted to
show Elsie she couldn't get away with it. Any
how-anyhow, you got player now. And 1
shouldn't be surprised if he don't get sun
tanned next Summer"