Casper Daily Tribune Newspaper, January 4, 1921, Page 2

Che Ebe Casper Daily Cribune I y evening except Sunday at Casper, Natrona Publication Offices: Oil Exchange Building --15 PAGE TW Issued ey Entered at Casper (Wyoming) Postoffice as second-class matter, November 22, 1916 MEMBER THE ASSOCIA®ED PRESS REPORTS FROM UNITED PRESS J. BE, HANWAY. esident and Editor W. H. HUNTLE -Associate Editor R. B. EVANS-_- .-.-City Editor THOMAS DAILY _ -Advertising Manager Advertising Representatives David J. Randall, 341 Fifth Aveé., New York City Prudden, King & Prudden, 1720-23 Steger. Bldg., Chicago, Ill. Copies uf the Daily Tribune are on file in the New York and Chicago offices and visitors are,welcomé, SUBSCRIPTION RATES| yy Carrier ~~ One Year-- Six Months Three Mont! One Month. Por Copy-- One Yenr_- Six Months_ Three Months. ‘@ subscription by m tarce months. : All subscriptions must be paid in advance and the Daily Tribune will not insurg delivery 9fter subscription becomes one month in arrears. Member of Audit Bureau of Circulations (A. B. C.) Member of the Associated Press The Associated Press is exclusively entitled to the use for republication of all news credited In this paper and also the local news published herein. CORPORATIONS IN WYOMING. More’s the pity, that there are still those in the country, who in spite of enlightening experience still see in Wall street, John D. Rockefeller, big business and corporations generally the bogey man of old. No number of object lessons will effect a cure. Analyzed, all these things are psychological, | phases or names. None of them are dangerous or detrimental. And if they are still so believed, then | it is because demagoguery has imposed upon ig- norance. Wall street is nothing more than a short and narrow street in New York which has in the passing of time become for convenience of commerce a banking center. It is purely impersonal. It is composed of many hundreds of men engaged-in legitimate and honorable business, all independent and unorganized. Wall street commits no wrong and engages in no acts of corruption. John D. Rockefeller is simply the name of a man. A man of very advanced years, who has in his time been a very great man, possessing one of | the keenest business minds the world has ever | known. He has not engaged in active business af- fairs for many years. The good he has done for! mankind far outweighs even the bad, ignorance, prejudice and popular clamor attribute to him. Big business is nothing more or less than the } grouping of corporations brought under one. di- recting head for administrative purposes and for the increasing and cheapening of production, em- ploying skilled labor and supplying domestic and foreign markets. Such an organization was former- ly called a trust. It interferes in no manner with other and independent concerns in the same line who become competitors. Independents have ac- tually multiplied and grown strong since the com- ing of big business. Corporations are groups of indiyuals who asso- | ciate themselves together and invest their money for the purpose of engaging in business or produc- | tion or for other purposes. Corporations then are nothing more than indi- ‘vidual business men such as you meet every hour | of the day, and big business is simply groups of cor- porations composed of the same sort of men. These ‘things are done out of necessity and for greater convenience in conducting business. There could be nothing to become frightened about in them re- gardless of soap box orators and others who would- rstablish Utopia upon earth regardless of the fact ‘that human experience has found that it requires hhard-headed business sense and judgment to con- duct the affairs of the world and hold the human family together. Dreamers have their uses, but practical affairs require practicability not wholly | visions. There was a time a few years back when cor- porations or businesses of enterprise and success re- reived for their efforts the abuse and antagonism of a considerable share of the public. This un- happy and altogether unjustified situation has large- ly changed, as we come more and more in con- tact with corporations. , Wyoming is a very fair example of what was before and what is today with reference to cor- porations. The railway corporations have all had their seasons of abuse. The Union Pacific, the Burlington and the Northwestern. Wyoming would still be an unsettled desert without them. They gave the impetus to settlement. They gave us the means to go and come, brought us things we had to haye and took the things we had for sale to mar- ket. They were the pioneers, after the trapper, prospector and emigrant. “Although these railroads were directed by just men like the rest of us, still they were corporations and must needs be | “cussed.” They have survived the profanity and most ,everybody of reasopably good sense fis | grown to respect them. And what would Wyoming have done without corporations, and big ones at that, when the oil | fields were discovered? It required vast capital, | tremendous energy and great expert knowledge to | oil fields. Individual and small effort | got nowhere. The Standard and Mid- have certainly done 1 butt develop the would have dard and Midwest? | hold back in their duty to their country, because in | Indiana and, the Midwest. aspet Daily Cribune TUESDAY, JAN. 4, 1921 good to the State of Wyoming and her people. They have enriched both and made us famous where be- fore we were unknown. Have you ever stopped to think what Casper or Laramie, or Thermopolis or Greybull owe to these corporations, and to others. They have not retarded development, they have not made deserted villages out of our towns: On the contrary they have made them live and enterprising cities. What have they done for other corporations who desired to prospect for and produce oil? En- couraged them, made a market for their pyoduct and made them rich. What about wartime performance by the Stan- Did these great organizations previous days certain politicians under the govern- ment had sought to punish and harass them because of their enterprise and success? No they bent every energy, for ‘every twenty-four hours in each day, produced to,the limit the things the goyernment re- ‘quired and so contributed unsparingly to the final victory. Someone has resurrected the old tern, “‘monop- | oly” formerly much in vogue as an implied re- proach. Meaning by monopoly exclusiye control. They apply it now to the Standard Oil Company in connection with Wyomig. If the Standard has a monoply in Wyoming it is not hard to bear. will not find the yoke more galling than has Penn- sylvania, Ohio, Indiana, Texas, Oklahoma, Kansas, | California or other fields where the Standard has operated. None of these oil states have suffered on account of the Standard or of any real or imag- inary monopoly. Of one thing we are certain wherever the Stand- ard operates, business picks up and the country be- comes rich and prosperous. And by the way, who owns the Standard of Mr. Rockefeller? No, John D. has no dollar in them. What he once had he long since gave to the University of Chicago. These corporations are owned by thou- sands of people who have inyested their money in them because they are well managed, prosperous and pay dividends, The owners are just folks like the rest of us. No different. And you may be one of them for all we know. If you have ever suffered from the wrong slant on corporations like the Standard and Midwest back up and get a better view. They are positively making the State of Wyoming worth while. HOW THE FARMERS VIEW IT. No great city could be built up if it were not for the fact that those who live in them may de- | pend, first, on the farmers of the country to pro- | ae an ample supply of food and, second, on the | railroads to deliver farm products to city consum- | ers with regularity and as needed. It naturally follows that those who believe that labor has an inherent right to organize a strike be- lieve that such organizations have a right to starve the people of the cities to death, on the one hand, and to destroy the property of the farmers on the other. No such right has ever existed and no, such right exists now. It is economically unsound. What would be the verdict of the people if the farmers should suddenly decide to strike and refuse to sup- ply the needs of those who are not in a position to produce food and clothfhg for themselyes? They |. would be condemned from one end of the country |! to the other. If the farmers have no such moral or legal right, then why should it be conceded by any- one that those who handle the farmers’ products have a right to block ‘transportation and thus jeop- | ardize the food and clothing supply of the nation? | If the farmers have no such rights, those who han- | dle his products have no such rights. The statement has been made so often that or- ganized workers have an inherent right to strike, that the public generally has accepted the state- ment as being true and, as a result, strikes have, in times past, received to some extent, the support of public opinion. Recent events, however, indicate that the country is giving this question serious con- sideration, and, as a result, there is a growing de- mand that some other method be employed to bring about the settlement of controversies between em- ployer and employe.’ This demand is more pro- nounced on the part of the farmers than of many other classes, for the reason that they are affected more directly than most other classes. The farm- ers develop a section of country adapted to the pro- duction of perishable products. They spend vast sums of money in building houses and barns, dig- ging drainage or irrigation ditches, and in bringing the land to a high state of productivity. ° Such land could not have been developed if the transporta- tion facilities had not been such as to insure that the farmers could get their products to market with the least possible delay and before they become unfit. for consumption. These are the views taken by the various farm- ers’ organizations as expressed by the several pres- idents who recently gathered to inquire into’ the state of their industry. : The logic of the matter can scarcely be ques~- tioned. . Joseph G. Cannon has been elected to con- gress twenty-three times and is now serying his forty-fourth year. This is the record for length of service. Let us be thankful that the D’Annunzio business is over and trust that the poet finds safe obscurity somewhere in South America, We} it future competi-{! |to distribute their refined products, FOR ADM from refineries operating on Mid-Con- 35 iwen sold as far west as Spokane, | | Wash., and as far east as Des Moines, | Chamber of Commerce Goes on !°*- | Record in Favor of Proposed \ The Midwest Refining : p which alone consumed about 86 per Measure to Continue High- —_ cent of all the Wyoming crude petroi- company | jeum refined in 1919, not including that) way Work \refined. in Canada, has elected to sell -_—__ | its’ products f. 0. b. refinery to market-! The per Chamber. of Commerce /inS ompantes instead of busiding up at the regular forum meeting held to-|20 Psanization to sell and deliver + noontat the He pen jretailers and consuiners. | ccord ae favoring & special election to) “The refined products sold by the n to * road honds to continue road con.| Midwest Refining ‘company alge as ucLBpanlactnallitefance>*or 1. eens bein. Alarots ARLE Nay} by the state yay corm avers LANG 2 miu by ‘the “atate/highway) comm! | keting pompanies. From Mareh 1, m. ‘The proposition will be brought iB to the attention of the next Wyoming | t? December 31, 1917, the valuv of sales! legislature ahd was one of cet) t® Standard Oil marketing companies questions brought up at the meeting | CO™Stituted about 73 per’ cent of’ the | today which featured a discussion ALi DALE EREY 2 Wereyalnna tase ai {RRC aie Aeterna jcent, in 1919 they inreased to 90 pe cent while for the first” hi f of 1926 per cent At the same vd down a 4) and towns to le time the chi A bill to pe mber t mit cit such sales equaled \ t. The. rnings of tivo' mills for the purpose of raisi F : | funds to advertise the city and its pos) {MNS company reflect its position in! diniees ihe petroleum) industry of Wyomin, EE a aries the rate of such earnings in the !nin as drafted here ana cy will a pres eT URC aT aged cords ine: | introduced in the next legislature w: sed from 4.4 per cent per i spd annum in the first year to 33.1 per cert! refe! 1 back to the committee to ec: ! Ider objections to one section, The i 191% with Nerage: for the six; |committee will meet with the board of | hpexiod) of Remcents i | directors to iron put the aificuisies wel | “While control of the ‘Midwest Refin-| Srobate the bill foe feel ties 224 | ins company has not been admitted to Stand: interests ‘h: | relatively sparsely settled area in whieu | pany a ee ee the Standard’ Oil company” (New Jer-| | where there is little or no competition | sey), bought 119,000 shares, or about) | ! Ta : rtunity is there for > A {one A jly since 1917. In that yeat, WJ. | 1 i 4 s r, who Have been "The refineries operating on Wyo-| Hanna and H. S. Osler, w | ; , |ming erude petroleum have a vast but] identified. with ‘the Imperial Off com-| gress. itinent or California srude petroleum;| west Refining company. {but the demand in this territory has | sv |not been sufficient te absorb all the| 7 | products of these refineries. For ex-}Heflning company ‘strong and exper! ample, gasoline produced in Wyoming | €nced oil men, whose ability, exper { | been connected with financial inst'tu- faneie ave contro! particular-;* * * * as it shall deem expedient in Mises aaly: cin thats yond | tne public interest, and to make itn- nual and special reports to the con- Ltd. of Canada, a subsidiary ot! 5 per cent, of the stock of the Briss} The reason | iveh for selling this stock was to bring nto the management of the Midwest OLD HOME IN NORWAY | . = ence and influence %n, the oil worla| After a residence in ils seoup eae would strengthen the position of the|over 24 years, Mr. and Sirs.) Hawit Midwest Refining company in its ter-| Rosenberg will return to Norway io ritory and other territory,’ and it was| visit to Mr. Rosenberg’s paren’ ae ey stated that these men were ‘to be put| are leaving here tonight for New os . in control of’ the affairs of he com-|4nd will sail from there this coming b week. Before returning to their home Pet x in Casper they wil visit several coun- “Soon after this a voting trust WS |tfes on the continent, They intend tt organized with H. 8. Osler, John EV-)). gone several months. ans and R, E. Jones as the trustees. ee John Evans and R. E, Jones have both | Tribune Classified Ads bring results. — QUIGK RELIEF FRM GONSTIPATION Get Dr. Edwards’ Olive Tablets ‘That is the joyful cry of vhousands tions, while H. 8. Osler, the third trus- | tee was in 1919 one of the counsel of the Imperial Oil company, Ltd, which is a subsidiary of the Standard Oil com- | pany (New Jersey). } “During the present year, 1920, the js Standard Oil company (Indiana) which | has. had close business rélations with | the Midwest Refining company since its nation, purchased 203,053 shares, or per cent, of the Midwest Re- | fining comp: stock. This percent: | since De ENS eecsiarh Reed age is admitted by representatives of | ping tebaults Fee soe pick : both of these companies to be suffi | cient to give the Standard Oil compans | (Indiana) practical control of the o ration and policies of the Midwest f ning company. “The commission transmits this port nder the little tablets. They cause the liver and” bowels to act normally.” They never force them to unnatural action, | Dé Edwards’ Olive Tablets are a | Soothing, Healing, vegetable compound mixed with olive oil. ‘ If you have a bad taste, bad breat.: anted it hy p ph ‘f? of S pvela That! taste, Ue ee of the Federal Trade commission act feeb dull ae poe pe goer which authorizes it ‘to make public | sults fromDr. Edwards’ little Olive from time to time such portions of the} a 15c and 30c. a box. info’ . Tablets at bedtime. jana its submission to the logislaturs, —GONTAOLSEENS (Continued from Page One.) FS | panies. west Ry At the pr ining compar nt time, the Mid- owns and cor per cent of trunk line mileaye of Wyoming the Ulinois Pipe Line compan; 61 per cent, While the two to- | % ntrol practically 99 per cent total mileage. During t | riod 1917 to 1919 these two compunies toxether transported from 97 to 98 per cent of all the crude petroleum mar- keted in Wyoming. | “Although not required to do so by the state law, ¢ Illinois Pipe Line company acts as mmon carrier and | trols under Jease ehout, 38 the as filed rates for its different lines. hese rates compare favorably, in B che 3#, with pipe line rates in other » the per cet of the ating dn W while the refining yoming crude Retintr troleum of such 1918 and company and operate 90 per c ity. Daring the the Midwest Re and its subsidiary, the Utah Oil Refining company, pu ased and refined approximately 94 per gent of all the Wyoming crude petroleum re- fine pting that refined in Canada. With a large proportion” of the crude petroleum production in Wyo- ming controlled by the Midw fining company through * which run“ until 1934, und with th Ohie Oil company and dther Stand: companies in control of most of the ining production, the question nat- rises, how can ‘any independ: | ining company become a factor tion and wha ntra LOPE OMO TOIT OATS IOS OM, It is not sufficient to think that certain goods, are worth a certain price -- the value must be known if the price is to be fair Stacey Adams Shoes for particular men are an ideal 72 LIS example of true value. BP IOS, S toneware | Jars, Crocks, Bowls Flower Pots, Jugs, Vases and . Jardinieres- PPLODOO DOLE DODO PSODESOO OOOO VOSS: | In all sizes and shapes, made by experts and bearing the expert trade marks—“Red Wing” and “Weller.” * | | Holmes Hardware Co, Cor. Wolcott and econd Streets, Phone 601 DPHPIHOF PD 99 OOCOOD 99900. : SS Watch Our Windows THE BIG BUS = SSMS IMSS IIS, CPs gietrarrroansaraattreesttessanncearetonnetors Announcing the Opening of the Barlitt Market Formeriy The City Fruit Market, which will specialize in all Fresh Fruit Vegetables, Butter, Eggs and Cheese 212 South Wolcott Phone 546 Service8 A. M.to7 P.M. ; POPPI vs