Word: drilling
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Dates: during 1920-1929
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Reclamation projects are, by and large, high cost, "marginal" enterprises. Just as it is unprofitable to drill wells and pump water if there is plenty of good water to be obtained from streams or lakes, so it is unprofitable to undertake expensive reclamation projects until there is no longer an adequate supply of naturally good farm land. There has to be a shortage and consequently an increase in price in order to make any marginal enterprise profitable...
...Swedish Government an nounced that the historic drill ground of Ljungbyhed has been turned into a physical training camp for school children. Several other drill grounds have been sold to various municipalities for this purpose...
...regime was continued in the new Stadium practice field yesterday, the workout being held only in the afternoon. Morning practice is a thing of the past, as single sessions are scheduled for today and tomorrow, and next week will bring scholastic engagements to the gridiron men, precluding double-time drill...
...instrument East, dreaming of finding oil close on the edge of a vast industrial section. He had convinced two Rhode Island worsted merchants of the instrument's efficacy, had induced them to spend (up to last week) some $400,000, leasing 12,000 acres and sinking a test drill. All this in secret. Said one of the promoters: "This is just our little baby. We don't want people to laugh...
...deeper the drill went, the higher rose excitement among New Jersey farmers, realtors from as far west as Ohio, invalids and trippers from nearby Lakewood, piney health resort. Gogetters prepared for a boom, securing options, mapping a town. Sceptics believed it merely the renaissance of a New Jersey joke of five years' standing: "Oil in Ocean County...