OIL: The Boom That Jack Built

As an undergraduate at the University of Southern California, young Jack Crawford got some advice from his oilman father. "Son," said he, "don't go to work for anyone else if you can help it. Either go broke or make a fortune, but don't take a job." Jack Crawford took the advice. He ran a college dance band, saved up $8,000 from its bookings and, after some postgraduate work in geology at Texas A. & M., started buying oil leases in Huntington Beach, Calif, (pop. 6,000). On the west side of town and around it lies one of the state's...

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