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LUCKY LANDOWNERS.

INDIANS' OIL WEALTH. If one were asked to name the ricaest nation in the world he would prohul.ly ray Great Britain or Anvd:«ea. But he would be wrong, for the distinction belongs to the Osages, a band of American Indians of the Dakota stock, settled on a strip of land in Northern Oklahoma. This section of the Indian reservation contains a wealth of oil. properties which make the land valuable. For the leases of the land to various oil companies the whole tribe ; s paid nearly two million pounds a year in rent. As there are barely 2000 members of the tribe, settled in four hundred families, the average income of each family is approximately £SOOO a year. Therefore, as a race, they are, without question, the wealthiest in the world.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PUP19260107.2.42

Bibliographic details

Putaruru Press, Volume IV, Issue 115, 7 January 1926, Page 5

Word Count
133

LUCKY LANDOWNERS. Putaruru Press, Volume IV, Issue 115, 7 January 1926, Page 5

LUCKY LANDOWNERS. Putaruru Press, Volume IV, Issue 115, 7 January 1926, Page 5

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