Indianapolis Times, Volume 40, Number 280, Indianapolis, Marion County, 12 April 1929 — Page 2

PAGE 2

STATES HANDED OIL PROBLEM BY U.S. BOARD Have Sole Authority to Save Petroleum Supply, Opinion Says. lOSI.PH 11. BAIRD Imt'd I'rr i Mass l orrrspnndrnt WASHINGTON. April 12.—The troublesome problem ol conserving America, oil resources without running afoul of federal anti-trust laws has been handed to the states, where federal oil conservation board believes it belongs. A compact of .states, in which the federal government might Ire ineluded through congressional action, was advocated in a letter from the federal oil conservation board to the American Petroleum Institute, made public today. Concurring in the attorney-gen-eral’s opinion, that, the institute’s original plan to restrict, production through agreement among the oil companif might violate the Sherman act. the board said “the sole legal authority’’ for restrictive measures lie with the states.’’ Lafman Wilbur, secretary of inferior. who drafted the letter, stated today lie \\;t sending I)r. George Otis Smith ol the geolocial survey to confer with Governors of the three or four largest oil producing states, id will learn their views on the proposal. Taking what it termed a “long view' of the petroleum problem, the hoard stated a program dratted only to restrict present production met the oil problem only half way. Scientific utilization of new oil fields was considered of prime im-

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Life Menaced

A black hand letter that threatened death, written, she said, in the handwriting of her husband, has led Senora Alfonso Mejia Chamorro, above, wife of a nephew of the former president of Nicaragua, to file suit for divorce. She lives in Los Angeles.

tortance in conserving the United States’ total oil supply. “The positive method of conversation is the initial control of development through the control of drilling to the end that upon discover/ of anew oil pool a plan for its development should be established which would prevent the waste of gas, the consequent loss of gas pressures, and its serious effect upon the total yield of the pool and to prevent other great losses which arise from flush flows due to periodic overproduction and from feverish competition and offset drilling,” the board stated.

ONE KILLED.3 1 HURT; $500,000 LOSS IN BLAST Explosion Wrecks Buildings in Business District of Detroit. P.U lrit'4 rrrxs ~ DETROIT, April 12.—One unidentified man was killed, another j man is known to be missing and three were injured in an explosion here Thursday night which completely wrecked three four-story buildings. Damage was estimated at $500,000. Fire, which broke out immediately after the explosion, enveloped the ; structures, adding to the destruction. Sixteen fire fighting units i battled the flames all night and at ( 3 this morning were able to enter j the ruins in search of bodies. Search was made today for two [ men who took a taxicab from the district shortly after the explosion! and then boarded an interurban ! car 'or Toledo, according to a taxi | driver. Police investigators today were undecided what caused the explosion, but it was believed that gas or supplies stored in a small paint shop in one of the building’s basements was responsible. A little red coaster wagon, which he had purchased for his children, saved the life of Ray Bemus. Bcmus, after selling his automobile, had slept all week on the third floor of one of the buildings, as he had to get to work early in the morning. Thursday night he broke his daily routine to take the coaster wagon home to his children. A few hours later the entire structure w ; as razed by the explosion.

THE INDIANAPOLIS TIMES

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