HEPPNER GAZETTE TIMES, HEPPNER, OREGON, THURSDAY, JULY 22, 1926.
PAGE THREE
WEIGH THE FACTS!
(National Republic)
There are obvious remedies, avail
able to the people, for many condi
tions in industry for which people de
mand projects of legislative relief
that usually end in nothing.
Recently we have had a demand for
political protection from the "bread
trust." It is complained that a gi
gantic combination has been buying
up the bakeries with a view to in
creasing the price of bread. The sta
tistics prove that the so-called "bread
trust" controls only a small fraction
of the ovens in operation, and that in
dependent bakeries have increased
thir volume of business while the
'bread trust" has been extending its
operations. But what is perfectly ob
vious is that every housewife's kit
chen is a potential bakery. Our grand
mothers did not rely on the delicates
sen or the "bread trust" to supply the
family bill of fare. They put on their
aprons, rolled up their sleeves and
feared not the octopi.
Just now, with gasoline at a price
higher than has prevailed for some
time, a country-wide demand for an
investigation into the price of gaso
line is voiced in Congress, and the cry
goes up that the incraese in price is
ib due to the manipulation of monop
oly. Here, too, there is a remedy that
would work disaster to price boosters
in the hands of consumers. If the
motor car owners of this country
would slow down speed ten per cent
on pleasure jaunts for. thirty days it
would play havoc with gasoline prices.
Incidentally motoristB would enjoy
themselves more by giving themselves
an opportunity to get a better look at
the scenery and there would be a con
siderable saving in hospital bills and
funeral expenses.
It is surprising that the cost of gas
oline is not higher than it is, espec
ially in view of the fact that its cost
in Europe averages perhaps a hundred
per cent above the American price,
with a negligible gasoline freight rate
per gallon from the United States. Be
cause of this foreign situation ex
ports of gasoline are increasing enor
mously, with pronounced effect on the
domestic price. During the first four
months of this year our exports of
gasoline increased 32.6 per cent over
those in the same period last year, or
at the rate of nearly a billion and
three quarters gallons a year. The
increase in consumption of this com
modity during the past twenty years
has been enormous, the supply of
crude oil and therefore of gasoline
not being unlimited. Every new mo
tor car or aeroplane represents a sub
stantial increase in the demand for
gasoline. During the first three
months of this year the increase in
demand for gasoline in the United
States over the corresponding months
of 1925 was twenty-two per cent!
There is no jiecessary continuity of
supply of crude oil in quantity suffi
cient to keep pace with the increased
demand, the depletion of crude oil
stocks, never greater than enough to
supply the country for sixty days, nat
urally produces fluctuations in price.
When there is a slump in the accumu
lations of oil stocks below that point,
there in an increase in the price of
gasoline. If there was a real monop
oly in either crude oil or gasoline, the
possibilities of extortion would be un
limited. Senator Harreld, of Oklahoma, who
is an independent oil operator and in
Mine's In!
Is Yours?
TUM-A-LUM
LUMBER CO.
Beppner, Lexington, lone
close touch with conditions in the
largest source of oil production in the
country, gives some interesting fig
ures which throw light on this situa
tion. He presents figures showing that
of 400 commodities covered by the in
vestigations of the statistical bureau
of the Department of Labor, gasoline
since 1913 has shown the least up
ward fluctuation, and that because of
more efficient manufacturing meth
ods, the wholesale price of gasoline
has fallen Jar short of increasing in
proportion to the price of crude .oil
from .which it is made. Oklahoma
Kansas crude oil has risen in price
113 per cent between 1913 and 1925,
whfle the price of gasoline has gone
up 35 per cent. In 1913 the exchange
retail value of gasoline, that is, its
purchasing power as compared with
other commodities, was 16.8 per gal
lon; in 1925 it stood at 12.1 cents.
That is, if all other commodity values
were now reduced to the 1913 leve',
gasoline would now cost at retail 12-1
centB. Price of farm products stood
in 1925 at 57.8 per cent above the U'13
level; the price of gasoline stood at
13.7 per cent above the 1913 level. In
every recent year the farmer's dollar
has been worth more in gasoline than
it was in 1913, and the farmer's dollar
has had less purchasing power than
that of any other factor in production.
Gasoline is selling today at the re
finery at twelve cents. The increase
above this represents handling,
freight and middlemen's profits. It
lepresents the cost of multiplied fill
ing stations, located at convenient dis
tances, and in many instances expen
sively equipped. It represents a high
cost of labor and of operation in gen
eral. It represents gasoline taxes.
In part it represents in many in
stances, too great a price spread be
tween the refinery and consumer.
High prices of gasoline in them
selves produce a corrective. They
represent a decline in crude oil pro
duction, or an insufficient production
tc meet the demand. Reduction of
oil stocks is always followed by an
increase in the price of crude oil.
There has been an increase of fifty
cents per barrel in the price of crude
oil in the last six months. Such in
creases put the "wild catter" to work
the operator in new or doubtful
BOUND TRIP TO
DENVER $67.20
OMAHA 75.60
KANSAS CITY ... 75 .60
DBS MOINES 81.55
ST. LOUIS 8550
CHICAGO 90 JO
DETROIT 109.92
CINCINNATI .... 110.40
CLEVELAND 112.86
TORONTO 118.0S
ATLANTA 121.65
PITTSBURG 124.06
WASHINGTON... 145.86
PHILADELPHIA. 149.22
NEW YORK 151.70
BOSTON 157.76
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CHESTER
DARBEE
Agent
Heppner, Ore.
Will You Be There
when success pays dividends?
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You can if you wish. All -that is necessary is to make reg
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folds. They stimulate production in
defined fields. They thus Increase the
total production of crude oil, depress
the price accordingly and bring down
gasoline prices. This is a more cer
tain corrective than an act of Con
gress or a senatorial investigation.
The gasoline situation is discussed
sr typical of other situations which
sometimes arise in whieh theories and
generalizations take the place of facts
in the minds of many politicians and
of the public. Nothing is to be
gained by blinking the facts, no mat
ter what theory they (hay support.
Nothing is to be gained for the pub
lic by an attack on the oil industry,
especially the crude oil industry
which is contributing so much to the
prosperity of certain portions of the
country. It is significant that news
papers carry at length sensational
statements about the high price of
gasoline, and give little or no atten
tion to the concrete facts presented
in such a speech as that of Senator
Harreld which seems to explain the
rise in price.
NOTICE OF CLOSING CHINESE
PHEASANT HUNTING SEASON.
Notice is hereby given that by an
order duly and regularly made by the
State Game Commission of 'the State
of Oregon on the 11th day of January,
1026, it was found and determined
that the supply of Chinese (Torqua
tus) Pheasants is being, and will be,
injuriously affected by permitting the
same to be taken, hunted or killed in
the whole of the State of Oregon, and
every part thereof, except Malheur
County, during the periods of time
hereinafter specified, and that it shall
be unlawful for any person to take,
hunt, kill of have in possession any
Chinese (Torquatus) Pheasant or
Pheasants, within the State of Oregon
except Malheur County, during the
perjoda of time from October 14 to
October 17, and from October 24 to
November 1, 1926; and further, that
every county within the State of Ore
gon where there is an open hunting
season provided by law, with the ex
ception of Malheur County, be, and
U closed, to taking, hunting, and kill
ing Chinese (Torquotus) Pheasants,
for and during the periods of time
above mentioned.
Dated and first published this 22nd
day of July, 1926.
NOTICE OF FINAL ACCOUNT.
Notice is hereby given that the un
dersigned, administrator of the estate
of Eva M. Darbee, deceased, has filed
in the County Court of the State of
Oregon for Morrow County, his final
account of the administration of said
estate and the said court has fixed the
20th day of August, 1926, at the hour
of 10 o'clock A. M., as the time, and
the County Court Room at the Court
House at Heppner, Oregon, as the
place for hearing objections to said
final account and the settlement of
said estate and all persons having ob
jections to said final account or the
settlement of said estate are hereby
required to file the same in said Court
on or before the date set for the hear
ing hereof.
Dated this 22nd day of July, 1926.
C. DARBEE. Administrator.
Hold On a
Minute!
AVE YOU READ EVERY
thing in this issue of Heppner
Gazette Times? If not, look it
over again ; there may be something of
special interest that you have over
looked. There are many departments of this
newspaper, every one of which may
hold something of value for you. Even
the legal notices and want ads should
receive your scrutiny, as they may con
tain information meaning dollars an
your pocket.
Two nationally known editorial writ
ers have articles appearing weekly in
these columns.. "This Week," by Ar
thur Brisbane, has been giving G. T.
readers a different slant on life for
many months. Now, beginning with
this issue, another equally capable writ
er makes his debut. Dr. Frank Crane,
whose intelligent pen has attracted mil
lions of readers throughout the world,
will hereafter provide a short mental
feast for Gazette Times readers.
Again, don't overlook the advertise
ments. The shrewd buyer keeps in
formed by them. Of course, you have
read all the local news.
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