Now, while that committee may be resting, the _Illiterate Digest_ never
rests; we are on the heels of the evildoer 24 hours of every bribing
day. I hope by the time this reaches an eager waiting Public that they
will have found two Lawyers to conduct this Oil investigation. Just
think, America has one hundred and ten million population, 90 percent
of which are Lawyers, yet we can’t find two of them who have not worked
at some time or another for an Oil company. There has been at least one
lawyer engaged for every barrel of Oil that ever come out of the ground.
You might wonder if they pay so much to Lawyers how do they ever make
anything out of the Oil? Foolish question. They don’t make anything out
of the Oil. They only make money out of the stock they sell. You buy a
share of oil stock and for every dollar you pay, 60 percent goes for
Lawyers’ fees, 30 percent to over Capitalization, and 10 percent goes
to the boring of a Dry Hole.
If a Company just put down Wells for Oil, and then sold the oil
legitimately, they would have no use at all for Lawyers. But Oil Men
engage their Lawyers nowadays even before they have leased the land or
know where they are going to prospect. For the lawyer has to make the
lease. It’s not like any other business where the owner and the man
who is going to lease can meet and do business. Oh no, Lawyers must do
that. Then, if they happen to be leasing from the Government, why they
not only have to be Lawyers but have to be Political Lawyers.
Now, I bet a lot of you thought after the Company had got the land
leased, that the next thing to do was to hire a Driller to put the Well
down. But you are wrong again. You go out and get another Lawyer. You
have to have another Lawyer to draw up the contract with the driller.
[Illustration: THEY NOT ONLY HAVE TO BE LAWYERS, BUT POLITICAL
LAWYERS.]
Then I bet that you think the next step is to wait until you see
whether you have Oil or not. Say, don’t make me laugh out loud again.
You don’t wait for anything of the kind: you engage another Lawyer to
draw up some pretty Oil Stock Paper with nice flowered edges. Looks
like a marriage license--only worse. Then you start selling the stock,
claiming that the BoHunk Oil Company are putting down a Well on Smith
29, North East 40 of South West 80. Then if they do strike something,
they shut it up and claim it was a Duster.
Then they get another Local Lawyer who knows everybody around that
neck of the Woods, to go out and buy up or lease all the adjoining
land. Then, when they get it all leased, they go back and pick the
stopper out of this. Well, double the Capitalization of Stock under
the direction of still another Lawyer, and then they are in a position
to hire more Lawyers to investigate getting a Lease from Persia, or
Jugo-Slavia. This just kinder gives you a rough idea of what all these
Lawyers do and why we can’t get any to help prosecute this Oil Scream.
Public-domain text, read in full here on John Shaqi.
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