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Show 1 THE JOURNAL DONT FORGET THAT ADVERTISING IS A MIGHTY FINE TONIC, FOR BUSINESS , , VOLUME ILTV. TheOinndustry WJIT -- ns Mid-Contin- Mid-Contin- it - - ed Western American Held Up As a Model In The Matter of Cooperation tion has given the oil group. During the last ten months the By FRED J. MARSHALL world has witnessed the greatMali Brudrin and Sistahs, I shall demobilize yoh attention fo a est period of overproduction the oil industry has ever, or pro- shot time on dis equananmious occasion wid a discose on faith, an bably will ever sustain. Al- r.h wants yo to pay pticler attenshun to mah deliberations so dat The Western American is though the consumption of all when Ahm froo jou all will be able to delucidate de diffunce destined to teach the world the petroleurrT products, gasoline in between faith and jes common gall. Alun blessed suah dat some greatest fundamentals of partmular, has greatly increas- ob yo dont know dat diffunce else dar would be mo dimes and less ernment, said Prof. Levi govm Edgar de buttons box. eontibution trousahs storat of the the ed, beginning Young of the University of enormous age season, the Well, what am faith we natehelly asks as de commencement Utah at the regular luncheon amount of 1,000,000,000 gallons ob de beginning ob dis discohse, and echo answers Iluh?" of the meeting Rotary club on of gasoline were on hand. De Postle Paul he dun say it am de substance ob what yo unit The western AmeriThursday. The ob de line ebbidence what aint dar when you look fob it, and got an pipe of cocan, his ideals, his industry hak been hard hit due Ole Man Jackson, dey dun tole me say it am jes cultivated foolish- operation and how spAit he was deto overproduction in California. ness and dat hahd wuk am what brings home de bacon. Ah dewas the principal idea Instead of the usual supply of nounces to yo mail bruddenn and sistahs dat both ob dese yar veloped which Prof. Young crude oil being taken from this gemmen am right, when dey are togedder, for doan de good book around based his talk. field, the Atlantic seaboard has say dat wuk am paht ob faith. It sholy does. An fuddenno it He referred to the great been receiving large quantities s tys if you had faith like a tnustahd seed, you could move Niagary by tank steamers from Califor- Fails and ef yo had faith like a brickbat jo could be kicked on de work of the pioneers who settled this western country and nia. Pipe line runs have there- head by a mule and not be faint. how the spirit of cooperation, and dig-nby been reduced, causing- - a Ah to brudders wid de Mah dear all sistahs, peals jo self help, sacrifice , and service decline in earnings, as reflected ude of mah ability, doan gib up de good ole ship ob Faith. Doan by the recent passing of the do it Ah say foi dat am what will cairy yo safely ober Jordan for each other haa impressed itself on this country and par Crescent Pipe Line dividend. w hen de foolkiller comes. Dahs many a man who dun got a second Persistent rumors of new wasahandm-thing- s out permiscus, sot m the west- - 0ur Poneei' financing have forced the stocks Vo dey dun constewed it to be faith an got so blamed! of a number of companies, not- full ob deirsefs dat de gi ace ob de Lawd doan had no more depres- tory is a magnificant one. It is ably the Texas Company, to low sion on em dan fallin bricks has on a mggahs haid. And de debbil a story of tragedy, human suflevels. The chief cause for fin- he dis laugh an wait fob de day when de hurry home call comes fering, service and cooperation. These pioneers were a new and ancing is the necessity of carry- for dat man, foh lie gits him suah. Dar wauz a niggali once when not Only aggresdistinct inventories ob to dun aboad de ing large faith brought he was invited got affhctioned sive but-type, ship git Hie progressive. on, of course, by overproduction. wid dislargement ob de cranorium an he say: did not this limit applispeaker Rut the country needs large visian no oah No Ah dqan wanna grab help pull dat boat ober dar, ble stocks on hand in order to All got a canoe ob mah ow n an Allll dis go ovah alone. Ah got cation to the Mormon pioneers, assure against shortage for the faitth in mahsef Ah have. He was a, powful smaht piggah dat but included all who settled in ever increasing demand. Con- feller but he dim got his gall an his faith mixed an he doan know the west before 'the 'railroad this way, and helped to sidering this fact, new financ- it. An he doan believe wuks goes wid faith and so while de odders came build-uthe country. Special p ing forjsuch purposes should am a pulhn on de eahs an a singing a shoutin foh joy, dat deludnot be regarded in an unfavor- ed niggah des lay dow n in de bottom ob his canoe and drifted down mention "was made of the work done by Bishop Tuttle of the able light.', , de ribber. church and Father Episcopal ob But bimeby he wakes up and dar ahead 0b him was de falls It is not expected that oils will take a boticeable spurt up- destruction, 7,500 feet deep an on dat side ob de ribber dere was Kelly of the Catholi? church ward previous to the general a wall foteen thousand feet high an on dis side ob de ribber dere in early pioneer days. That the pioneers or these market rise. But, in the mean- was a wall nineteen thousand feet high. Den he dun got so scared Oh western Americans were of the time, the bettfr grade stocks dat he nearly tuiin w hite an he bellered like a hungry calf. should hold their own, and as Lawd, he say, woan ye des save dis chile an Ahll nevah discrim- highest type, the building of the Salt Lake Theatre was citless inate no mo. overproduction becomes ed as an example, of culture and o wuk." he de Wuk Good Lawd An time cuss, lazy say, and less a. factor, by the An dat niggah he grabbed de paddle and Lawdy how he dun progressive spirit in that early the general bearish attitude has lifted, these securities should wukked but dat boat des slipped own de stream slowly but sholy day. The Salt Lake Theatre is be in pv posit ion to participate an den when it comes almost to de falls a cyclone comes a buzzin the replica of1 the old Drury in the uejct broad rise., along and. knock&dat boat hack: im.de .dream and dat snoopercily-u- s Lane wTheatre in London and y fb General business as shown niggah am a hanging on and a wufckinfike'de debbil to' help even h wOF waT de thlTEabfkmchart on. is running Cyclone, Well when he reached de good ole ship hp was ipjghty travel by stage, the Salt Lake Theatre was favored by the ap At 18 per cent below' normal glad to jump aboad an be a good feller. sistahsTan Ah and brudderin Mah pearance of many of a narrer was Dat 1 cent escape an improvement of per actors of the world. Toover last week. hopes de lesson dat it prognosticates may perambulate into de --- 4vicissitudes ob your unconsciousness, foh Ah wanna tell youns dis day it is conceded thkt the Old ' de Good Lawd aint a gw ine to be a snoopin aroun to blow'! up a Drury Lane Theatre in London, An organization of English the old Daly Theatre., Uew York engineers has offered a substan- cyclone for evah fool niggah what gits de big haid. Deacon Jones will now pass de eontibution box an Ah spresses City Theatre and the Salt Lake tial prize for the best method de hope dat vo all will show yo faith by yo wuks when he comes Theatre are the only ones in for testing the hardness of existence today which exemplj- aroun. condition of affairs might have resulted. This overproduction of the crude arid refined products caused a severe cut in crude oil prices in all the fields. S3 degrees - 35.9 degrees gravity fell. from $2.00 a barrel in February to $1,.10. Pennsylvania crudes dropped from $4.00 to $2.75 a barrel. Gasoline prices for a while continued relatively high. In August, Governor McMasters of South Dakota forced a reduction from 26 to 16 cents a gallon in that state. This drastic cut started a wave of price cutting, gas wars, and further crude oil price reductions which have probably not yet quite reached the bottom. These reductions in crude oil and gasoline prices have cut deeply into the earnings of oil and companies, Independents Standards alike. There has been, and will be, further house cleaning and revamping along many lines in the strong as well as the weak companies. Policies of long standing will be changed, a regrouping of Independent companies and unlooked fori reworking of Standard - connections may well be expected. Many a small producer and refiner will be forced out of busi ness. The crisis, however, is over and production is now on the decline. The industry as a whole is gradually righting itself and the spring and summer of 1924 oil. with increasing consumption An unlooked for combina- and lessened production should tion of circumstances overdid bring into view a more optimise these plans. A very intensive tic horizon than exists today in . drill- the Oil Industry. . campaign of , ing into four California gusher ' Meanwhile, .fifteen of ,the sands, one of which was'1,100 better grade oil stocks have defeet thick, threw the bulk 'Of clined $1,000,000,000 in value this gusher pool on the market from their high points for .the added to that of two new fields year in, March and April, or an in Oklahoma and two others in average decline of about 30 Texas were the causes of the per cent, A diagnosis of 'the glut in the crude oil market.' trouble reveals two., primary Luckily for the oil business just causes the general .. bearish at this time Mexican production trend of the stock market, and was on the decline or a worse overproduction of crude oil. close-spac- NUMBER 282. long withstand a bear market to say nothing1 of warding off blows such as those overproduc- Improve In The Next Year Says Roger Babson 23,-19-23. J LOGAN, CACHE COUNTY, UTAH, SATURDAY, NOVEMBER 24, 1923. .4 WELLESLEY HILLS, Mass. Nov. Roger W. Bab-sorecent study of the oil industry, summarized in a statement issued today, is of unusual interest to the investing public, which has been tempted by the recent ow prices of oil stocks. Overproduction is the outstanding characteristic of the oil world for the current year, says Mr. Babson. To overproduction may be traced the majority of the troubles which beset the oil industry today. The high water mark of oil production in 1923 and for all time was reached in the week ending Septerber 8, when the daily production wa 2,280,000 ban-els- . For the same week last year, this figure was 1,493,700 bar- rels. Consumption of crude oil and gasoline has continued to increase but ifhas been overshadowed by production from spectacular gusher wells in the Los Angeles basin. Consumption has increased from last years figure of 586,000,000 barrels to the present indicated rate of 750,000,000 barrels, a new high mark. To meet, this unusuat demand and to prevent a possible famine, the oil industry had undertaken very extensive drilling programs and planned to increase its refinery ohtput by building more refineries and by more extensive use of the process known as cracking which yields more gasoline from crude SECOND SECTION . naf , ' fied the. cultural idea of the drama. The spirit of cooperation and service must be the spirit of internationalism. There can never be a League of Nations so long as one nation thinks it is right and the others are wrong. There must be cooperation and the spirit of I am not hero to convert? you to my belief but to help you, must exist ' The constitution of this government embodies the principle that the people live for the good of tha people and therefore the constitution must be preserved. It was the greatest document ever given to a race of people and the western American is exethis spirit, mpted of cooperation, service, and a desire to help each other. . becomes universal then we shall have a League of Peace, Lincoln said this natipn un- der God shall have a new birth of freOdonm. Americ will be the great force to make the other nations free. Watch out for those who are antagonistic to our government. Dont crush them but teach them, I; t: tr - JaJkJYtei speaker was sure The Rotary, Kiwanis ahd luncheon dubs which come national as well v - t that the other have be-as inter- - national and with their . high ideals were going to put over something good in the world, Such organizations win help much to bring about the proper. International .spirit that is now so necessary. . The club pledged its full sup--, port for he football, game be- tween the B. Y. C, and Idaho Tech- on Saturday on Crimson Fwld-at- 3 pr m. Eyery niem--ber promises r to purchase a J -- ; - ,7 . . j ; , J - ' , i , I , rv -- . . ticket. , ' ,It was also announced that '' ' , - -- i " ! : a' v special luncheon under the au- spices of the Chamber of Com- - , meree would take place at the Hotel Ecdes on Tuesday at' 12:15 p. m. at which Mr. Stevens of San Francisco and 1 z , i -- ' ; , (Continued on page ten! ? y i -- AT the Journal building but In 1889 erected One of the finest busi-neblocks ,in northern Utah, on the corner of Main and Center Streets, where the, present Hotel Eccles Building is. A part of the building was built into an Opera House, one of the finest in the w'est. In 1912 the building was burned to the ground. Through the wise management of the Thatcher Brothers Banking Company, it became one of the strongest banking houses in the state. It loaned large sums of money and was one of the chief factors in developing the agricultural resources and conuiierce in northeiiv Utahand southern Idaho.- -i ss - EARLY CITY GOVERNMENT the Utah Legislature passed an act to incorJanuary porate Logan City and a charter was granted. The charter specified the boundaries of the city, the form of city government, elections, meetings, duties of the officers, handling of the public funds, assessment and collection of taxes, sanitary regulations, licenses, weights and measures, and many other pro' x visions, It was a rather comprehensive document. The charter having been enacted the first election was held March 5th, 1866 and the following persons were elected: Alvin Crockett, Mayor; John B. Thatcher, C. B. Robbins and T. X. James IL Martineau,!, pkicks,V.JCJtob-inson- , P. Cranney and C. O, Card, Councilors. The first session of the City Council was held at the home of Ezra T. Benson w'hen the organization was duly effected and If. W, Isaacson was appointed as City Recorder. Councilor P. Cranney resigned as. Councilor and was appointed as City Marshal. Banjaroin Woolfenstein was appointed to succeed P. Cranney as Councilor. ID K. Cranney was appointed City Attorney; Paul Cardon, "City . Treasurer ; H. Sadler Assessor and Collector: B. M, Lewis, City Supervisor; J0hn Jacobs, City Sex- ton; James II. Martineau, City Surveyor; George Hymens, Sealer of Weights and Measures; and Wm. II. Shearman, Inspector of Liquors. John, Paul was appointed as Captain of Police with the following policemen : First ward; Jonathan Ricks, Aaron Thatcher, Elijah Steens, and Chas. Maughan; Second ward; John Paul, Thomas Irvine, and Joseph Thatcher; Third ward: William Partington and Robert Davidson; Fourth ward: John Smith, Slark Electcher, Hans. Monk, and Frederick Hurst; Fifth ward; Alex' ander McNlel, James Beverland, and Chas. Frank, ' 17, 1866 , 4r ' 49 48- City Recorder H. W. Isaacson was appointed as the agent of the city for the sale of liquor, sary to control liquor sales. The Council deemed it neces- Prior to that time there w ere a number of private distilleries V ,Ak at which the modern term home brew was made. In an effort to carry all classes of goods, the Logan Branch of the Zions Cooperative Mercantile P0 ' under the manage, il Institution 111,' k i; ment of Moses Thatcher Sr., of stock wines and lia carried f quors and by force of example almost every store in the valley did likewise. Moses Thatcher gave the matted serious consideration and. w'hen President Brigham Young was visiting the Logan Branch, Moses Thatcher said, President. Young how can we reconcile the inconsistency of A LVIV tftOCRKTT Holiness to the Lord on the The above is a photograph of Al- outside while selling whiskey first to the brethren inside the via Crockett, Usan Cit elected m majm doors? mayor. After a few minutes Miirch 5, 1866 and h'eld thlv pol reflection President Young an- tion for two terms. native- iinni- - swered, Mr. Crockett was Brother Moses That-fa- n m was fl i v; - and born Fox ielarni, He became a member of the Mormon Maine. October 19, 1831. Church in 1839 and with lue pai enta passed through the persecutions of the Church In Illinois and Missouri. , In 1849 he came to I tah hut had the gold fever with others and went to California where he remained for two years and theu returned to Parson;- - ttr 1 8 6 0 tmeame to Cache Valley and took , public affairs. , one of the first school trustees of served as marshal , He wa for four years and as sheriff of the county for twenty one jears. He, also took an active part in the military organisation, was a typical pioneer and frontiersman and possessed a strong character. r Ecclesiastically he was likewise prominent and was a member of the High Council and took a leading part in chnrch activities One present mayor, John Croikett. ia a son of Alvin Crockett, the first mayor of Logan. Alvin Crocket; died, a; Logan Juiy 9th, 1902 -- the-cit- , 1 c her, the man who holds to his brothers lips the tempting cup, repents not but continues, will be damned and go to 11811, From then on no more wines or liquors were sold in the Logan Branch and the stores in the valley immediately followed the ' ' good example. f t i ( - Subsequently the establishment of saloons took place as well as the erection of a brewery owned by Mr. Vogel and located near the intersection .of first south and first east where the old red frame building stood in which the Logan Stone and Monu-- . ment Companyopcrated. ...Another ..brewery, owned, by MrJacoU, Theurer kfiown as Jakes was built on the north side of the present state highway and south side of the Johnson Grove. A number can still bear witness that it was a rendezvous for many. In the year 1882 under the administration of Mayor Robert Campbell an agitation was started for an ordinance to prohibit the sale or manufacture of liquor in the city. It was passed. The people were not prepared to accept such a reform at that time and as a result there were many violations of the law and ' many blind pigs stablished from which the city received no revenue. The next year the ordinance was repealed and licenses w ere granted for the sale of and manufacture of liquors. As the city Increased in population more saloons w ere opened -up and the liquor evil became so great that in 1909 there were about nine saloons doing business in Logan. The agitation for the abolishment of the saloon evil became so intense that December 23, 1909 an ordinance was passed by the City Council w hich prevented the sale or manufacture of liquors of any kind ' in Logan City. The ordinance Became effective January 3, 1910 and Logan was the first settlement in the valley and one of the first in the state to adopt such a reform, Later the county passed a similar .ordinance, then the Utah Legislature passed a prohibition law and finally the National Prohibition Law was passed October- 28, 19 19. It is interesting to note that as early as 1882 the citizens of Logan started the movement foT prohibi- ' tion and were among the first to get it adopted. March 7, 1870, the third election was held and Wm, B. Preston was elected as mayor and Moses Thatcher Sr, as one of the aldermen. Two hundred sixty five votes were cast for each cast by women. The Woman candidate and fifty of these-werTq be continued next Saturday)- - IV c 'ft f |