Los Angeles herald. [microfilm reel], September 28, 1910, Page 6, Image 6

About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

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6
OIL CONSERVATION
STIRS DELEGATES
Pinchot Plans Both Attacked and
Warmly Defended at the
Mining Congress
BALLINGER WRITES A LETTER
Resolution It Passed Favoring
Government Chemical
Laboratory
(Continued from lure Onm
coming convention of the American Mlnlnr
congress, but fear that I will not bo able
to do so because rt official duties which
■will require my return to Washington city
prior to the data of your convention
The administration conservation bills were
prepared In the form of suggestions for the
consideration of congress, and so far as I
personally am concerned. I am not In
sistent upon their adoption as drawn, but
will welcome any changes therein which
will aid In the conservation and develpo
ment of the resources affected by th«
measures.
. In my annual report to the president for
the year 1909 I suggested with reference
to coal lands the Importance of separating
the right to mine from the title to the
ajurfaoe. This has been accomplished by
legislation adopted at the last session. I
further suggested that the conservation of
the ■ coal deposits and the prevention of
monopoly or extortion might be accom
plished either through a leasing system or
, through the sale of the coal with restric
tions as to mining and use. This recom
lzed as needed, while the land Itself would
lessees or grantees to open and mine., the
coal deposits with provisions In the lease
or grant for the forfeiture of title In the
event of combinations as to price, or limita
tion of the output. Practically the same
suggestions were made with reference to oil
»nd gas deposits. Deposits of phosphates
lira of special Interest because of their Im
portance In connection with the refertlllza
tlon of Impoverished soils, and It Is of
primary Importance that the undisposed of
deposits of phosphates should hereafter be
disposed of upon such conditions an 1 with
such limitations as will secure their use
Upon American soil.
-" ?!;? VIEWS ON FORESTRY
With reference to the remaining timber
upon the public domain outside the na
tional reserves, I recommended the repeal
tf the timber and stone acts and the enact
ment of a law providing for the separate
disposition of the timber from the land,
the latter to be disposed of after the re
moval of the timber under appropriate agri
cultural ,or mineral laws. It seems to me
this method of disposition would provide a
means whereby this timber might be util
ized as needed, while the land Itself would
remain for disposition under the home
stead laws, If suitable for agricultural or
; for exploration, or purchase under the gen
eral mining laws if mineral in character.
Provision should c'.sb be made for a pref
erence right to purchase by the homestead
of mineral claimant of the timber on his
claim. The matter of protecting those
public lands suitable for sites for develop
ment of hydro-electric power has evoked
■ much public interest and more than a
million and a half acres of publlo lands
have been withdrawn for this purpose, In
the report above described, I recommended
that If the federal government desires to
control or supervise water power develop
ment it can do so by enactment of a meas
ure which will gr.-.nt a lease or easement
for a limited period, with the option of re
newal, provision being made for prompt
development and a moderate charge for the
rights granted or the entering into any
combination to charge rates beyond a rea
sonable profit on the Investment and cost
of operation. It Is admitted by nearly
every one that the waters of the streams
»re subject to state jurisdiction In their
appropriation and leneflclal use, and with
this in mind bills were Introduced In con
gress during the last session providing for
the granting of public lands for this kind
of development to the states, upon condi
tion that they dispose of easements or
teases for the development of electrical
{tower upon proper conditions, the title to
lands to revert to the general govern
ment In the event of their application to
•By other use.
WANTS LAND LAWS REVISED
Our present publlo land laws in so far
Is they relate to the classes of land here
inbefore described need revision, and even
V congress shall fall to agree entirely with
)he suggestions mode by the department or
the bills presented, It is hoped that same
Drill form the basis for new legislation.
Any departure in legislation on these sub
tects-ls, of course. in a sense experimental,
.iut it is the desire of the Interior depart
ment to secure practical legislation and
tllmlnate the experimental features so far
Is possible.
It seems that the efforts of all citizens
and organizations Interested in the subject
should tend to fie direction of securing
euch legislation as will promote develop
ment, but guard the public interest by pro
tecting against Injurious monopoly or un
reasonable charges to the consumer for
these resources.
With reference to the minerals other than
those described, and It seems there Is a
clear line of demarkatlon between the fuel
minerals and those which may be denom
inated as the precious metals, I believe
that our present mining laws, based upon
the experience and r/tsdom of those who
for nearly half a century have participated
In their development, should not be changed,
except by such amendment or additions as
may be deemed essential to Improve them.
la this connection it Is believed that the
law should be modified so as to require
mining location notices to be placed on
record in the local land offices of the dis
trict where the lands are situated, that
final payment and entry upon mining claims
should be required to be made within a
fixed period after location, say seven years,
exclusive of such period as the claims
may be Involved in contest or adverse pro
ceedings, and that the placer mining laws
should be amended so as to moke the maxi
mum area subject to location by an asso
ciation, corporation or Individual, forty
areas.
Again assuring you of my Interest In the
work of your association, and trusting that
the next convention will bo a most suc
cessful one, I remain, sincerely yours,
R. A. BALLINOER,
Secretary of the Interior.
.'■ SHOUT OPPOSES CONSERVATION
Hon. Prank Short of Fresno op
posed conservation as advanced recent
ly, claiming that the slogan that all
the natural resources belong to the
people wag not true. Private control
18 the law of the land, argued Mr.
Short, basing: this argument,as an at
torney upon the findings of courts and
the constitution an It exists. He said
that the corporations were trying to
direct their operations In regard to
the resources In the right direction,
inferring that such direction would
be for the benetfl of the people. Mr.
Short said that he had had many
corporations for clients and that In his
opinion, they were not striving to de
feat the people. He concluded his ar
gument by saying that the United
States Is cither a government or a
landed proprietor, and that conser
vation would decide the question.
After the arguments of, the forenoon
Two Bakersfield Members of Mining
Congress, Who Delivered Addresses
1 Bft \ \ jfl M\ >•- *•* I Xii Hi
1 r' - * IS i^Hl * I * r^ ,'wM
9 ki\ * jI BTJI Hi
HON. C. A. BABLOW AT THE LETT; CONGRESSMAN SMITH AT THE RIGHT
and early part of the afternoon against
conservation, a policy that has become
so popular, it was but natural that
the congress ,in justice to all fac
tions, should hear from tho other side.
Thomas E. Gibbon of Los Angelas,
who has both oil and copper Interests,
spoke on conservation.
Mr. Gibbon said that he had a wide
acquaintance among the prospectors
and miners and had not heard one of
them oppose conservation. The oppo
sition, he inferred, was on the part of
the big interests or those who had not
fully considered the problem.
A point not previously touched upon
by either the conservationists or the
antis, Mr. Gibbon made clear when he
said that the present state of Califor
nia waß purchased from Mexico with
taxes exacted from the people of the
east. This statement was to quiet the
complaint that the east was seeking to
rob the west of the natural resources
which by right of priority belong to
the western people.
"All the people bought these lands,"
said Mr. Gibbon, "and all the people
are entitled to them."
"The east believes It has a right to
Its share of the profits, and as the
government proposes to use these lands
to the best Interests of all the people
I see no cause for complaint."
GIBBON DISCUSSES OIL
Referring to oil, the much mooted
question in California today, Mr. Gib
bon followed Mr. i?inchot in advocat
ing the right of the locators prior to
withdrawal receiving patents when It
was demonstrated liy diligent endeavor
that they were entitled to patent. He
brought out the important point that
oil in California is the only fuel and
the only power, considering power, of
course, In the primal state of genera
tion, and In advancing the policy of
conservation, said t/iat it would be but
a few years before all these lands (the
fuel and power of the state) would
be wrested from the people, unless Im
mediate steps were taken to conserve
the lands for their benefit.
Speaking of the water power prob
lem, Mr. Gibbon told of a talk he had
with the owners of a great water right
in the Sierra Madre mountains, a right
that comprised something like 500,000
horse power. He said that this mo
nopoly by a single man had deprived
a rich valley of power, and all else
that is dependent upon water. He
said that tills man had locked up
against the people that which belonged
to them—that which, If released, would
bring comfort and plenty to thousands.
"Do you think the United States gov
ernment acted as a true trustee in per
mitting a condition of that kind to
"' asked Mr. Gibbon, amid ap
plause.
TELLS COl'l-KB SITUATION
In relation to copper Mr. Gibbon re
ferred to the present monopoly, adding
that there were six interests in the
field whicli could combine and control
all the existing copper properties of
the United States, both patented and
unpater.ted, and such a combine would
naturally follow if the present gov
ernmental condition were permitted to
remain.
"And what 1 say of copper can be
said of oil," added Mr. Gibbon.
An oil company in which Mr. Gibbon
Is Interested has had trouble recently
in marketing ita oil. It Is a company
that has made good In development
and production. Without mentioning
any names Mr. Gibbon said that this
company was compelled to sell its pro
duction for IT) cents a barrel at the well
because it had no transportation in
terests, wlillo otliuia who were favored
were getting mucn better prices for
their oil at tho well.
Mr. Gibbon said that there wore four
interests In California nicking to con
trol tho oil industry, aa against six
interests In copper. He said that the
big interests can '.urn out what oil
tiny wish and that in about five yean
there would be no more land left, all
being controlled by tho interests that
would naturally work together, all of
which would be gradually absorbed by
the Standard Oil company.
As to the purpose of the government
In regard to conservation, Mr. Gibbon
sairl It is to let the people have tho
natural resources which belong to
them. He emphasized the fact that
after the government had taken the
LOS ANGELES HERALD: WEDNESDAY. MORNING, SEPTEMBER 28, 1910.
stand it has It simply had to make
good to the American people.
"The goverment, as I understand It,
will only exact a minimum royalty and
see to it that the natural resources are
not monopolized," he said.
"Men must be deaf or blind not to
hear or see the warning that has been
presented to them through the absorp
tion of the natural resources by the
monopolists. Iron and coal are already
monopolized and the other resources
soon will be unless steps are taken at
once to check the waste and restore the
natural resources to the people of the
United States.
ML'ST HAVE CONSERVATION
"We must have conservation else the
people will sink into a state of tyranny,
controlled by the big Interests and not
be the controlling factor in the affairs
of government.
"Let the resources of the land go out
to the citizens as they are needed and
not let them be monopolized by in
terests that have nothing in common
with the people of the nation."
E. W. Parker of the geological sur
vey was one of the speakers of the aft
ernoon session, his subject being "Con
servation os It Affects Coal Lands."
Mr. Parker's remarks were large)y
technical, but he voiced the arguments
of conservation, saying that the people
should be protected. He said that in
former years coal lands were given
away at from $2 to $3 an acre, but
that now, through suggestions of the
geological survey, supch lands were
being sold at from $300 to $400 an
acre, and this," Mr. Parker added,
with emphasis, "has not retarded de
velopment." '
Following up the arguments against
conservation, In effect that the east is
seeking to take away from the west
that which belonged to it, Mr. Parker
made a strong point as a man in the
service by saynlg that Uncle Sam and
the east are not trying to rob anybody.
He said that all money that had been
obtained thus far from the sale of
lands by Uncle Sam had been put back
immediately into the reclamation ser
vice for the development of lands in
the west.
•Therefore," concluded Mr. Parker,
"the west Is getting all the benefits of
conservation, so far applied, and not
the east. The east does not get a
cent."
George S. Ttice of Washington out
lined the policy of the newly created
bureau of mines.
A telegram was read by Sidney Nor
man from George Wlngfleld, president
of the Goldfleld Consolidated, one of
the greatest gold mines of the United
States, saying he was sorry he could
not attend the opening of the congress,
but that he hoped to be present later
In the week.
Both sides of cons rvation were dis
cussed at the morning session of the
American Mining congress yesterday.
S. C. Graham, operating upon pat
ented land, took the prominent side
In favor pf conservation, and Thomas
A. O'Donnoll, operating In many in
stances on government land, being
general manager of the Doheny inter
ests in the San Joaquln valley, took
the side of anti-conservation. There
were several on the morning program
who could not speak, owing to lack «f
time, for an adjournment was taken
at noon.
Mr. O'Donnell, who was the head of
the oil men's committee that went to
Washington in an effort to get modifi
cations In the Ptckett bill providing
for withdrawals by the president In
the Ran Joaquln valley, said that in
his belief the citizens of the United
States were not in full accord with
Rfr. Pinchot, although he was sur
prised and gratified at statements by
Mr. Pinchot made Monday night be
fore the American Mining congress
concerning the disposition of the gov
ernment lands In the San Joaquin val
ley that are now being developed. Ho
said he learned much from Mr. Pin
chot.
"I do not believe Mr. Pinchot and
the conservationists would work an
Injustice intentionally upon any man,"
said Mr. O'Donnell, "but some Injus
tice already has been doge In tho oil
fields through interference tiy the gov
ernment. The oil prospector should be
entitled to what he gets and be al-
(Continued on Face Sixteen}
CHAMBER OF MINES ASKS
DELEGATES TO LUNCHEON
The board of directors of the I/O*
Angrle. chamber of mines and oil will
■Ire a lunchron to Invited delegates at
the Alexandria hotel today after the
morning session. A large Bomber of
Invitation* haTe hern sent and in con
sequence, .fudging from the acceptances
received by the chamber, a large and
representative attendance Is expected.
JAPANESE AND WHITE GIRL
REFUSED MARRIAGE LICENSE
SEATTLE, Sept. 27.—Kunlo Toda, a
Japanese, and Rayda Ree^l, an Ameri
can girl, who came to Seattle from Salt
Lake City to be married, were refused
a license by Otto Case, county auditor.
The couple began their trip at Salt
Lake City, where Miss Reed's father
resides. They were arrested In passing
through Oakland, but after an Investi
gation the police released them.
SAN FRANCISCO OIL STOCKS
bervlce to The Los Angeles Herald by I* A.
Crlsler & Co., members Los Angeles stock e
change, 200-201 I. W. Hellman building, Los
Angeles.
today's quotations on the Ban Francisco stock
exchange: —Opening— —Closing-
Bid. Asked. Bid. Asked.
BAN FRANCISCO, Bept. 27.—Following were
Associated OH ... 42.00 42.50 42.00
Brookshire .. 1.45 .... 1.45
Illinois Crude .42 .... .43
Mascot Oil 2.45 .... 2.50 3.00
Monte Cmto .... 2.63 2.86 2.50 2.66
New Pennsyl 75 .'.... ' .75 ....
Palmer Oil 1.35 1.40 1.30 ....
Remember the Date
Saturday Morning, October Ist, Price of
Stock Will Be Advanced 5 Cents a Share
\
Until Friday night, September 30, at 8:30 o'clock, stock can be purchased for $3.30 a share.
For cash or upon our payment plan.
As low as $1.00 can be paid cash for every 5 shares taken; balance weekly or monthly. On
September 1 our books showed a total of ■ / < §'* .v
5270 Stockholders
Who will share in all future cash dividends.—paid quarterly. Why not join us and share in these
cash dividends? >>&?•
Our Method of Protection -
A guarantee fund, now valued at over $45,000, is held by the Globe Savings Bank. (This fund
will protect small stockholders against loss should they desire to sell their stock.
All stockholders share in all profits of the company and have an interest in our large surplus,
now amounting to over $2,475,000.00, '-%tZ
JJL ll^Sr^ j" Ji i '— f £-2/
I 333-337 South Hill Street
Capital and Surplus Over $4,300,000.00,
- ; Largest Co-operative Building Company in the World.
MINING QUOTATIONS
, NEVADA STOCKS
Exclusive dispatch to The Herald by L. A.
Crlsler A Cv, members of Los Angeles stock
exchange, 100-101 I. W. Helln»B building. Los
A&gclea.
, SAN FRANCISCO. Sept IT.— one hard
spot In the market for Southern Nevada stocks
today was Goldfleld Consolidated. This stock
was again In good demand. from the east
and closed with a net gain of 7 points for the
day, 15.87,4 being bid. Jumbo Extension was
active during the early session and moved up
to 67 cents, but later In the day considerable
realising took place, and It closed 3 points
below yesterday's figures, 62 cents being the
, best bid. Florence was down 6 point*, Atlanta
, 1 and Silver Pick 1. •
The Tonopahs and Bullfrogs showed but few
changes and the general tone was heavy,
1 Following were the closing quotations:
.QOLDFIELD DISTRICT
Bid. Ask. Bid. Ask.
Adams 1 3 Kewanas .... 8 In
' Atlanta ..... 11 13 Sreat Bend.. 3 4
Booth 11 1! at Bend An. .. 1
B B Exten.. .. , 1 3randma .... 3 3
Blue Bull .. « 7 Jumbo Ex .. S3 63
Blue Bell .. .. 2 TCendall 3
1! B Bon 2 Uine Star '; 4F
Col Mtn .... 4 5 Lou Dillon .. .. ■•■■.,'•."■
Comb Prac.. 39 40 Oro 7 ..'. 8
Trucker Jack.. 1 '1 Red Top Ex. 3 4
Daisy 3 4 Red Hills ... 3 4|
Florence .... 22:14, 225 Sandstorm ..4
nor Ex .... 1 I St Ives 20
Ft Moh .... 2 - ..- Sliver Pick ..7 8
Bold C0n....857H «90 Fellow Tiger. ( v'l.
TONOPAH DISTRICT
• ' Bid. Ask. Bid. Ask.
Bctmont ....426 430 North Star .... .7
Jim 'Butler.. 27 28 Rescue ...... 9 ' 10
Midway 20 .. Ton Mln 91211
Montana .... 98,, 100 Ton Ex ....102H 105
MacNamara.. 27 29 I Wit End Con 54 13
Pt'LLFROO DISTRICT
Hid. Ask. I Bid. Ask.
Amethyst .... s 1 Jlontmn Mtn .. 1
Bullfrog Mln .. 2 Mayflow Con. 4 .5
Bullfrg N II .. 1 Tramp Con .. .. 6•'
Bonnie Clare 4 6 |Val View '..1,,
■ MANHATTAN DISTRICT
"*-",■-' Bid. Ask. ■ Bid. Ask.
Little Grey.. .. 2 Man Dexter.. 6 1/
Man Con ... 4 6 Mustang ..... 1.2.
Man Mining. .. 1 Thanksgiving. .. .--'4 -
OTHER DISTRICTS
1111. Ask. I Bid. Ask.
Ragle's Nest 5 .. Round Mln .. 43 44
F-vlew Kagl 40 61 Pitts" Sllv Pk 45 '\f .. •,
Nev Hills '..140 245 Coalition .... 10 -ll',
BOSTON MINING STOCKS
Special service to The Herald by J. C. Wil
son, 212 West Fifth street, Los Angeles.
BOSTON, Sept. 27.—1n the local list only a
few stocks were traded In. and for the most
part prices wore easier. Glroux was in goo.l
demand, .while Greene Conanea was freely of
fered, wilh-iittle stock wanted. . v. •,
: Quotations closed as follows:
Bid. Ask. Bid. Ask.
Am Pneu .. iV, 8 Michigan .... 4 414
do pfd .... IS>4 16 Mohawk .. .. 461J 4714
Adventure .. 6 «H Nevada Con I!>% 19%
Alloues .. .. 4114 42 North Butte. 2.V.. 2:,',
Atlantic .... 614 614 Old Dominion 3514 3714
Arcadian ... 4\ 6 Osccola .. ..125 130
Ariz Com .. 1614 17 Parrot .. .. 12,4 13
Apex 3V4 3% Qulncy .. .. 70 72
Butte Coal'n lSi; 18ii K>anta Fa ... IV! 1%
Calu & Aria 57H .. Shannon. .... 954 914
Calu & Hec.543 560 Shoe Mach.. 6814 t»\
Centennial .. 1« 17H do pfd 27V4 US
Con Mercur.. 6 10 Sup Cop ¥ .... 4514 4!)
Cop Range. 65 66 Sup and Bos 7H 8
Corbln .. .. 1314 14 Sup- and Pitt 11 - 1114
Daly West... 3 4 Swift 101 10U4
East Butte.. 6% 7 Tamarack ..58 60
Elm River.. .. 20 Trinity .... 614 «
Franklin ... 10H 11 United Fruit.l 92 193
Oranby .... 31 83 US Smelt... S.«H 39«4
Oreene Can. 6H 6* do pfd 49 4914
Hancock ... 194 20H Utah Consol. 2214 83-
Isle Royale. 20\ 2114 Victoria .. .. 2% 3V4
Keewenaw .. 314 3*l Wlnona .... 7 714
lake S3*i 33% Wolverine ...115 117
La Salle ... 9% 10H Wyandot .... 114 1*
Mass Coppr. 7V4 8 Moss Gas ... 83 83\
Mayflower .. 35 40 do pfd 93 83-
Mcx Con ... 45 43 North Lake.. 8% 8%
Miami 1914 19% Indiana 14 H.i
PRICES OF METALS IN
NEW YORK MARKET
<fc NEW YORK, Sept. ST.—Standard
* copper, «>ot and October, Sl3.OS®
<£> 12.19.
.i. Lead dull, at «4.»7%®4.40,
<>-> Bar silver, S3 7-Bc.
.S««y-l.ix4.4»i>J> <SxixiXfc<SxSxS!<& -*».SXjxSX!><sxSxS>
■
Promoter's
Opportunity
By PROMOTER is meant, not a stock salesman but a man of
past successful accomplishments, bent upon adding to his store
of the world's goods by the honest development ol Nature's re
sources or the legitimate creating of profitable industries.
In this particular instance the industry has been created, the
demand enormous and the profits ranging from 100 to 1000 per
cent, and over. All the time-consuming and painstaking prelimi
nary details have just been completed. Additional capital is
needed.
The right man now has one of the few opportunities of the
last several years to make anywhere from $50,000 to $600,000
profit, dependent on his ability and whether he utilizes his own
money or that which he controls. Two skillful and efficient or
ganizations will be under his control—one the business itself and
the other the financial. Immediate action commensurate with
sound business* judgment is necessary.
Address confidential communication for interview to BOX
287, Care of Herald, Los Angeles.
\3j&2f/ ROUND TRIP
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Eastern Excursions
October 7 and 8, to Kansas City, Omaha and Topeka. Good for
return until October 31.
Good for Passage on—
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