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OIL MAKES WEALTHY INDIANS

According to a recent report issued by the United States 'Department of tin? Interior, each of the 2229 in cm hors of ' tlio Osage -Indian tribe of Oklahoma bhs J received, or lias been credited with, £19,000 as his shave"' of the' proceeds froiii oil leases during the past 14 years. During that time tho department received and' l disbursed • nearly £115,000,000 for this tribe of Indians, but tho incomo from oil and gus royalties is decreasing each year. Bailie ’ deposits Credited to the Osage tribe show a Slight decrease for ’ the past year, the total amoilnji being £2,900.000.'' As the land on whrclr oil is produced is held in- commoiis-by members 'of the tribe, tho'least important shares equally l with the tribal leaders.* < v i . 'M-

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19311026.2.106

Bibliographic details

Poverty Bay Herald, Volume LV, Issue 17608, 26 October 1931, Page 10

Word Count
131

OIL MAKES WEALTHY INDIANS Poverty Bay Herald, Volume LV, Issue 17608, 26 October 1931, Page 10

OIL MAKES WEALTHY INDIANS Poverty Bay Herald, Volume LV, Issue 17608, 26 October 1931, Page 10