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Show THE CITIZEN 11 I be paid for a lease on the farm for one sold for $41,000. Over $6,000,000 has h o been paid on their royalties to Indian year, the farmer to get hen If you have not yet been invited to all the oil produced on his land, deliv- wards Osages, Cherokees, Creeks in ered free to the pipe-lin. . . The the past three years, and the humblest gon i invest in oil securities, be patient adCharles Moreau Harger, who has farmer signs; so do his neighbors, and member of the tribe is a king of vises ng" a somewhat intimate acquaintance suddenly the county wakes to the first finance. What the promoter does not bcuI, beullition of an oil boom. with the vast new midcontinental oiltell is the history of hundreds, if not heatfields of America. The development of The promoter now hies himself to thousands, of oil companies based on only ths oil industry has been such, the east He informs brokers that he a piece of land wtihout the faintest he tells us, that its ramifications more has a good wildcat prospect. He prospect for oil and where no serious reach from the remotest farm and probably sells s of his leases effort ever was made to find any. The hamlet to the highest skyscraper on on 25,000 acres for $3 an acre. He can ignorance of the average! nvestor of tizenl Hence it follows that dig his well, which will cost Wall street. the whole oil business has made it $30,000 to to a be will everybody given chapce easy to induce investment in absolute$40,000, and still have some money the! in describes what the writer take part left, even if it turns out to be a dry ly worthless securities. as 'an adventure teeming with visions, hole. The broker then disposes of the A perusal leases at a thrills, and high finance. LINCOLNS EYES. good profit to people anxof Mr. Hargers account, however, leads ious to get in the oil game. If indi-to the conclusion that when an opporBy Franklin K. Lane. cations of oil are strengthened as the enterto in the invest T NEVER pass through Chicago with--I- tunity great g progresses, a promoter Bi does come, it would do no harm will out visiting the statute of Lincoln havtl j prise probably offer the farmers who to give the matter, say, at least a hair own the land a few thousand dollars by St. Gaudens and standing before it wide! J for a moment uncovered. It is to me hours careful consideration. True, for a fourth Interest of their royalties. ' otleg there are dazzling tales of sudden This fraction, which then represents all that America is, physically and s are riches acquired in the spiritually. I look at those long arms a thirty-secon- d of the total production, anything ever told of the if any, is capitalized for $100,000 and and long legs, large hands and feet, taints Forty-ninerHowever, even leavsold to investors in units of $100 and I think that they represent the efugej ing out of consideration the fakers eneach. These units, and with them physical strength of this new counck oi gaged in the oil game, when one rethe doubtful chance to a tiny share in try, its power and its youthful awkpolice flects that, in the language of a promithe problematical profit, are purchased wardness. Then I look up at the head and see qualities which have made nent oil man quoted by the writer, no why by all classes, says Mr. Hager, from a do one can tell with certainty what is the banker to the laboier, from the the American the strong chin, the noble brow, those sober and steadfast hundreds of feet underground, even widow to ad. the salesgirl an, tne school were the eyes of one who on earth, it in the richest teacher. It is admitted that they take eyes. They house saw with sympathy and interpreted appears that there is practically no chances. wells Many prove long dry, . pawith common sense. They are the more assurance that a man will strike and others produce so little that no ste eyes of earnest idealism limited and it rich in oil investment than in any great profit accrues. It seems that the checked One other speculative enterprise. by the possible and the pracother only persons who operate under a ticable. They are the eyes of a truly to the company last year, at a cost of half a sort of heads I win, tails you lose humble spirit, whose ambition was not million dollars, dirlled forty wells, only proposition are the promoters, who ic a love for he at' power but a desire to be three of which were good producers, is said, always win. But what happens lied tel Mr. Harger informs us. And it seems if the men who made the first survey supremely useful. They were eyes of compassion and mercy and a deep unes, hurl that this was not a wildcat company and a gusher is actguessed right, beerl derstanding. They saw far more than either, but one of the big producing struck? We are enlightened ually they looked at. They .believed in far organizations which possess every fathus: more than they saw. They loved men cility to insure success in their pur--' The well when it is down 2,600 feet not for what they were but for what suit of the precious fluid, and annually suddenly becomes a fountain of oil, they might become. They were set aside several hundred thousand dolsending forth three thousand barrels a patient eyes, eyes that could wait and lars solely for prospecting operations. 1 havtl day worth $2.25 to $2.70 a barrel! Then wait and live on in the faith that right The average person who invests his is the thrill of a lifetime! The value would win. They were eyes which savings in oil does not usually have a at I of the leases held by a single comchallenged the nobler things in men concern a chance to with do business to 65t down and brought out the hidden largeness. pany, or by smaller investors of that kind. He is more likely to in-- . east, soars; units of royalties near by, They were humorous eyes that saw vest with a company of promoters. at $20 each, go up to $100 things in their true proportions and What we infer is a typical example of marketed notivesl in their real relationships. and more; royalties on all the surThey how such an organization operates is ust thouof its tens cant to and farms looked pretense and jump through rounding set out by Mr. Harger in Scribners sands cash; other wells are started the great and little vanities of great Magazine: Fah-?s as machinery can be seand little men. They were the eyes At the beginning is the spying out of as rapidly temper1 cured. Other promoters have by this of an unflinching courage and an unthe land Three men in a Ford, carryiWitt for twenty miles faltering faith rising out of a sincere ng spades, pickaxes, tripods, and lev- time secured leases a stearc dependence upon the Master of the around, paying perhaps $50 or $1,00 els, come quietly into town, putting up jreased an acre, and they repeat the history of Universe. To believe in Lincoln is to at the second best hotel. For days less m the Fragrant Hill well with greater learn to look through Lincolns eyes. and weeks they travel over the counall ease. try measuring, digging, taking note oT nil Wild though the exaggerations of THOUSAND DOLLARS FOR A COLslopes, valleys, hills, and the outcropsteal LEGE TUNE. the promoters may be, we learn that ping ledges of rocks. Then as quietly in some cases they are outdone by the they depart. fVS. When the war broke out, Yale was A little later come three other men reality. A few examples are furnishfrom up against it. Within the memory of alert, well dressed who put up at ed: al ie y the oldest living graduate, the official the best hotel. They hire motor-car- s One well in the midcontinent field and drive over a portion of the country has produced an average of 1,000 bar- Yale anthem lias been her famous old rels a day. for fourteen months, a total song, Bright College Years.1 In the stopping at every farm in a selected section. product of over $1,000,000 on an initial closing words of this song, "For God, Ve want to lease your farm for investment of $25,000. Nor need one for Country and for Yale, every Yale nt's If we can tell more than a half truth about the man removes his hat. These words, vithotl oil is their introduction. Set, say, 10,000 to 25,000 acres leased, Trapshooters company and still be by the way ,are regarded by Harvard nl 6 will as the worlds most famous anticliput down a well inside of a able to dumbfound the credulous prosa of consisted eyar, and you will know whether or pect. Originally it max. The song is all right, so far r itil Hi Pot inwho a of club, members gun dozen there oil is here. rs as it goes, but the fly in the ointment "What are you paying for leases? vested $250 each. The first well was is that the words were adapted to the comes back the 200 barrels a day; the second started question. Of It is explained that one dollar will at 14,000 barrels a day,. One $100 share air of Die Wacht am Rhein. THE OIL TRICKS rgu-- one-eight- e. I - two-third- . well-drillin- oil-field- s, out-dazzli- ng s. $ oil-regi- on i course, few of the past generations of Yale men had worried much about the Teutonic parentage of this music, but now the old Yale song must go. No Yale man wants to sing a college anthem that has any taint of the Hun about it. At a recent meeting of th Prudential Committee of the Yale corporation, an offer of $1,000 was made for a new tune to take the place of this familiar music In the already large list of Yale songs, an effective substitute might have been found, but national prohibition has made obsolete many of these, such as "The Pope, he leads a Jolly life, Heres to Good Old Yale, drink her down, and "Oh, give us a drink, bartender. that the students used to One song, wail on the Yale fence, as a sort of closing dirge to the exercises of the day was a prototype of the present "blues song. The opening words were "Comrades when Im no more drinking. While the sentiment in this is particularly applicable to the times, it does not have any special significance, now that there is nothing to drink. Yale must have a brand new song and there is a nice, cool one thousand dollars waiting for the composer who can provide it. Along Broadway. r . . DRESS VP ! , , , the old car. Make It look new, and be satisfied and proud with its appearance. Have It painted and varnished now. Get our lasting good work and youll get lasting satlsfac- tlon. Low estimates. Prompt work. SCHEFSKI AUTO PAINTING CO. . 812 So. State Phone Was. 1SSO I CO con-- I EDWIN G &FRED R. WOOLLEY Salt Lake Stock and Member Mining Exchange Telephone Was. 2885 Mining, Bank and Industrial Stocks and Bonds Liberty Bonds Bought and Sold at Market Prices West 2nd South Salt Lake City, Utah 6 1:1 1 When Buying or Setting Stooks Phone 1373 or See H. B. COLE & CO., BROKERS Room 1, Stock Exchange BId. Salt Lako : )- . Tel. Was. S61I Open All Night UNDERTAKERS AND EMBALMKRS - S. D. EVANS Modern Establishment LC: 48 New Building Sell Lake City State St. , |