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Show - f ; Important Hearing Z. 1 - A QUESTION of much Importance to the 7. oil shale industry of Utah was recently Z.. argued before the United States land receiver r In Clenvood, Colo. The matter In contr,p-Z:. contr,p-Z:. versy Is the rijht of homesteaders- to .squat ::..on land that has been purchased or filed upon '. as oil shale lands. The shale men contend that homesteaders .hjve been making rather unwarranted In-. In-. vasiont on' their rights by filing on lands ln- eluded In an oil shale entry and demanding H that their rights be purchased. Many home-"Jlsteaders, home-"Jlsteaders, it is slated, have been given from .' $800 to $1200 for these rights, but the prac- - tice, the contention was made, had become so prevalent that it threatened the oil shale In- dusrtry which Is Juste in its Infancy and calls for considerable capital to handle. The outcome of the Glenwood decision - will be watched closely by shale people of 2 Utah. Oil sh'ale in Utah has been estimated - by the United States geological survey as containing con-taining billions of barrels of oil and the great- ; est deposits known exist along the Green river 3rt Utah and Colorado. The Uinta basin pos- - sesses unlimited amounts of oil shale struc-lures struc-lures rising hundreds of feet above the sur- ; face. - ; Development of oil ; shale deposits will - mean the erection of plants to treat the shale r nd extract the oil and that will mean ex- penditures of many millions of dollars and : employment to thousands of men. |