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About The Daily Bulletin/Reveille. (College Station, Tex.) 1916-1938 | View Entire Issue (April 10, 1919)
VOL. 1 College Station, Texas, Thursday, April 10, 1919 No. 130 TEXAS GEOLOGY DISCUSSED BY RANDOLPH REPORT IS MADE TO SCIENCE SEMINAR ON MEETING OF PETROLEUM GEOLOGISTS AT DALLAS In his talk before this week’s ses- sion of the Science Seminar, Dr. E. E. Randolph of the Chemistry de- partment of the College gave a re- view of the recent meeting of the Am- erican Association of Petroleum Ge-| . ologists which he attended in Dallas, and took up some of the questions discussed there, especially those hav- ing to do with Texas conditions. The speaker told of the activities of the geologists in connection with the oil industry of Texas. He said a great number of people seemed to think the profession of geology = consisted of the “magic il men who are noth- ing but wholesale tricksters. But on the contrary, he said, the geologist uses expert methods in his field de- termination, and is as thorough going as any other engineer, the only dif- ference being that his problems are often very much involved. The larger oil companies employ a staff of geologists, Dr. Randolph said, Cand consequently are operated on a sound basis, for under geological investigations the certainty of secur- ing producing wells is about 70 per cent on an average The wild-cat operator is successful in getting a well only once out of 35 or 37 attempts. As a sidelight on this wild-cat scramble for fortune Dr. Randolph said he had it on good auth- for the state. ! | DIVISION OF RESEARCH ISLARGER AID TO F ARNER PLANNED IN FARM AND RANCH ECONOM- ICS ESTABLISHED BY EX. PERIMENT STATION ELIOT TO BE IN CHARGE Farm Economist of Extension Sery- ice Will Take up Far-Reaching Work With Station May 1— Attends Conference To carry on what President Bizzell and Director Youngblood believe is one of the most far-reaching bits of | service to the farmers and ranchmen of the state that has ever been under- taken by the College or by any of its departments, H. M. Eliot, farm econo- mist of the Extension Service, has been transferred to the Experiment Station where he will be chief of the division of farm and ranch economies with the title of agricultural econo- mist, according to an announcement by President Bizzell yesterday. In his new position Mr. Eliot will study the larger problems of farms and ranches in Texas and the benefit of his research along these lines will be made available to the farmers and ranchmen of the state and nation, just as is the case with the results of in- vestigations into the problems of pro- duction in agricultural and livestock products, Mr. Youngblood announced. But whereas the Experiment Sta. tion has concerned itself largely here- tofore with the problem of production, Mr. Eliot’s work will be to help the farmer and ranchman make a larger success of their business financially | ority that the combined capitalization | through helping them arrive at the of the organized oil companies of just two states, Wyoming and Colorado, was so great that the petroleum pro- duction for the entire nation in 1917 would not pay three per cent on the money invested. Dr. Randolph deplored the fact that necessary provision has never been made for the proper investigation of the natural resources of the state. He went into the technical problems in connection with cil production rather thoroughly. ; cost of the production of cotton and other crops and livestock as well, and after the cost of production has been ascertained, aid these men in finding tnethods of marketing their products at prices which will represent a fair profit upon their investments and la- | bors. Special studies will be carried on in range thanagement looking to the prevention of the overstocking of ranches to the end that in dry years (Continued on Page 4) U. 8. LOANS HELP FARMERS 710 SUCCESS FEDERAL AGENT FINDS THERE HAVE BEEN FEW FAILURES AMONG MEN HELPED BY SEED LOAN FUND The entire success of the govern- ment’s policy of loaning farmers of the drouth-stricken regions of Texas necessary funds to enable them to plant grain crops iis evidenced now that the financial affairs of the fund the Washington office of the U. S. De- partment of Agriculture was at Col. lege yesterday in conference with M. | Payne of the Extension Service in | connection with this work. According | to the agreement with the Feder: | Land bank of Wichita, Kansas, those farmers who made a failure on this | year’s crop will not pay for the seed | they were allowed, but the farmers | who were successful will pay the total amount. ) Mr. Payne says less than 5 per cent of the farmers aided have failed to make good this year, the majority of them having the best Crop in years, thanks to the federal plan of furnish. ing them seed without which they would have had no crop at all. Mz, Vinall and‘ Mr. Payne: agreed that those farmers who failed and are un- able to pay back the loans made then: will be freed from obligation upon | submitting to their county agent suf- ficient proof of their failure, The county agents then will issue them = | certificate freeing them from the in. debtedness. Mr. Vinall also conferred with mem. | bers of the Experiment Station staff. More than 1000 farmers of the drouth stricken sections of Texas who were unable to buy their own seed last year were loaned money out of this {seed grain loan fund, Three dollars ber acre was allowed, which covered part of the cost of the seeding as well as the cost of the seed itself. Due to | the splendid wheat crops in Texas this year the men aided are in good position to repay the loan and reports show will willingly do so. are being wound up. H. M. Vinall of fr 2
