Show Oil Bill in Western Hands 1 I By Ira C. C Tichenor or I I PR BABL Y the most encouraging condition conditio in connection with 1 the oil land leasing bill and which should insure a prompt agreement by the conference committees of the two houses of o congress in whose hands the measure now rests is is that the membership membership mem nem possesses knowledge of or tIo oil Industry and who will work worl In in the Interest of the great Western industry The senate conference committee comprises Senators Smoot of or Utah J Fall all of or New Mexico Meyers of ot Montana Lenroot of Wisconsin and Pittman of Nevada while the house conferees are Representatives Sinnott of ot Oregon Smith of Idaho Elston of or California Ferris of or Oklahoma and Taylor of Colo Cob sado rado Belief BeUer Is express expressed d that the question of ot royalties between federal and governments Is tho most Important point to be agreed upon as the result of or changes made by the house and that an agreement win will be reached on that point without difficulty What is regarded as one of or th the most significant changes made by the tho house ouse was in striking out two sections of ot the senate bill One of or these pro pro- the owner of or stock in one of or the Standard Oil companies from becoming becoming be be- r coming a shareholder in another while the other required a uniform price 4 an tm on au all petroleum products Another change m made de by the house and which has not heretofore been noted was the insertion of or a a provision that no claimant acquiring an interest inter- inter est eat st in withdrawn areas subsequent to September 1 1 1919 shall obtain a lease under this act It Is stated that this provision was inserted In order to obviate obviate the splitting of ot large units in anticipation of or l limitations regarding acreage C Hope of ot the early passage of the bill Is gained from a a. statement by byI Secretary Lane that the present bill is the best oil land leasing measure I a ever passed by congress |