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Show r -from Aht ::flrchhrgs : 50 Years Ago ... From the Park Record, Jan. 31, 1930 i. , THE OIL OVERPRODUCTION PROBLEM The oil industry must constantly be looking to the future. During the last 20 years innumerable new uses for petroleum have appeared in the automobile, factory, farm, home and on the sea. It furnishes fuel and lubrication for millions of motors, boilers and heating plants and has always met increasing demands. Its path of progress has not always been strewn with roses. It seemed that oil offered an opportunity to make great profits pro-fits easily and swiftly, with nature doing the work while the producer sat by and watched the liquid gold flow into his barrels. bar-rels. As a result, thousands of irresponsible persons interested only in quick profits became oiI men." They had no real interest in-terest in the industry or in the relation of oil to the national development. During the years when demand soared and production struggled to keep up with it', this situation was not serious.-Then serious.-Then a change set in. Demand: while still increasing, is to an extent stabilized. But increased production has gone on with the result that we now have a great deal more oil ready for market than we can consume. Responsible operators wish .to conserve this oil in the ground until the nation needs it.. Tfce irresponsible fight cooperative conservation measures.' ... t . : 1 Overproduction of oil is a menace to the industrial future of trie nation that must be curbed if the road to progress is to be kept clear. . ; : ; 100 Years Ago ... ; - From the Park Record, Jan. 28, 1882 . . ;..'..'..." " ' ' " . v j MASS MEETING - The Citizens to Give Their Views on " . the Question of A charter . . ; l :The meeting of citizens and taxpayers at the school house : this evening will add an important chapter to'the history of Park City. As everyone knows, the question to be discussed is the matter of moving for the long-looked-for and much-; much-; hoped-for charter for our rapidly growing city. The question will be discussed pro and con by good speakers, and if any doubt the need of our town for a city charter, they should not fail to attend and be convinced. At the last session of the legislature the charter was voted to us, but "there's many a slip twist the cup and lip." The Secretary of The Territory who was Acting Governor at the time, had concluded to sign the bill, but on the evening of the day previous to that on which he was to sign it, Governor Emery returned home and resumed the duties of his office. He took the ball in hand but without giving it the consideration it should have had, placed his veto on it. '. : ......., ,' |