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LUCKY INDIAN TRIBE.

MILLIONS FROM OILMEN. WOMEN AND CHILDREN; SHAKE. | WASHINGTON, May 22. A handful of Indians, numbering but 229, of the Osage tribe. Northern Okla- j homa, comprise probably the luckiest j Indian community in the world. That , is if riches make" happiness. Since oil i I was discovered on their lands 18 years I ago the net returns had been more than (136,000,000 dollars (normally £27,200,----iOOO) up to May 1 of this year. Every man. woman and child shares In I the distribution of this Wealth, and be- ! tween 1916 and 1923 more than 1,000,000 i dollars (£200,000) a month has been ! divided among these Indians. This I means that each of them received yearly la payment of 5375 dollars (£1075.) I During April the bonuses paid to the Osages amounted to 6,000.000 dollars (£1,200,000), or 2722 dollars (£544) each man, woman and child. The May income has not yet been com- < puted, but it is expected to surpass this figure. In addition to prior receipts the Osages received more than 20,000.000 dollars (£5,200,0001 in 1922, or 11,700 dollars (£2340) each. : - There are 8360 oil weils on the Osage lands, of which only five are dry. This is the smallest proportion of dry wells ever known in oil-drilling operations.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19230602.2.113

Bibliographic details

Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 7

Word Count
211

LUCKY INDIAN TRIBE. Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 7

LUCKY INDIAN TRIBE. Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 7

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