| Show DEAL FOR A GAS POOL Will the Gas Works Sell Out to the American Company THE TWO MANAGERS CONSULT The Standard 011 Company Said to be Back of the American Natural Gas Company r Tho American Natural Gas company which has been quietly tieing up many acres of land north of this city for the purpose of drilling for natural gas is a powerful organization backed by capitalists capital-ists living in the state of Indiana This company has already acquired leases to many acres of ground and has secured the rightofway for laying pipelines pipe-lines to this city and Ogden While the purpose of the company is i mainly to prospect for natural gas to be utilized for fuel which they would be able to sell at rates that would literally drive all the coal men out of business yet at tho same time natural gas is successfully used as an illuminant in all the cities in Indiana Ohio and Pennsylvania Penn-sylvania where it has been introduced When burned in a new patented lamp it gives a light that is equal to the best artificial arti-ficial coal gas and at prices so low that the old gas companies have in many cases been forced out of business The prica charged to consumers in the eastern towns and cities is 10 cents per month per jet making it even cheaper than coal oil The American Natural Gas company proceeded pro-ceeded with its business with littlo opposition opposi-tion until within the last few weeks when it was found that many of its schemes were frustrated by some outside power and this agency is now credited to some of the persons interested in the old gas company One of the officers of the American company informed a HEUALD reporter that the old company was throwing throw-ing cold water and in several ways trying to put a check on their works to bring them to terms To prevent an open gas war the heads of the two gas companies have been trying to arrive atan amicable understanding Frank Dyer manager of tho artificial gas company com-pany and C H Taylor manager of the American natural gas company havo opened negotiations looking to pooling the interests of the two companies as far as the use of natural gas as an illuminant is concerned con-cerned One of the great benefits of natural gas is its cheapness and this advantage is likely to be taken away by a pool that will be in the nature of a trust It is also hinted that the persons at the head of the American Natural Gas company arc simply acting as the agents of the Standard Oil company and that as soon as the company secures all the privileges it asks the mask will be thrown off and the hydraheaded octopus that exacts such extortionate prices for natures magnificent product I will be made bare and that the people will be forced to grin and bear it The Standard Oil company allows no competitor in the oil industry and this giant corporation which controls the money market of the country has recently been I I tempted into possessing itself of the enormous enor-mous profits derived from selling natural gas as a fuel and an illuminent There will be some rich developments in the schemes of the American Natural Gas company within the next few weeks |
