Show profit without risk it is interesting to note that the re ported receipts ot of the federal government irom from bonuses royalties and rentals under the law providing tor for leading mineral rights on the public domain 10 maln aggregated tor for the year ending june 30 1924 from oil lands in eleven states thirty seven and five tenths per cent ot of this sum goes to the states from which the oil was taken per cent to the reclamation fund and 10 per cent Is placed la in the federal treasury what a contrast these actual cash receipts are from oil wells financed and developed by private enterprise compared with public expenditures which would have to be made to produce the same net profit under tile the leasing ayster the government sta stands no loss tor for dry wells and Is assured 0 of an absolute profit on oil every barrel barral of oil |