Wednesday, June 15, 2016

A story of High Stakes E. W. Marland


Documentary Review of

“High Stakes:

The Life and Times of  E. W. Marland”

Reviewed by Dan McDonald

 

            I suspect most people outside of Oklahoma won’t get an opportunity to see the documentary with acted scenes of “High Stakes: The Life and Times of E. W. Marland.” Growing up in Illinois I never heard anything of the story of E. W. Marland, but after moving to Oklahoma as a young adult you began to hear the story of one of Oklahoma’s legendary oil men. The opening scenes of the documentary are captured on the trailer here. As far as I know the DVD version of the documentary is available for purchase only at the preserved Marland Mansion near Ponca City for $20. I hope a broader distribution is planned in the future. I will try to capture in this piece what I found interesting and inspiring about the movie/documentary.

            Marland’s was not in the truest sense the rags to riches story. He came from a family that had acquired some wealth. His father worked in the steel industry in Pittsburgh and had invented a banding material to be used in shipping cotton bales. The patented banding material provided enough wealth for the family to see to Marland’s education in the field of law. But E. W. Marland determined that a law career was not something he wanted. His approach to work was “hands on” learn from the ground up. His legal studies may not have prepared him as much for his future success as his acquiring the hobby of playing cards which he picked up as a university student. He learned that one could do well playing cards if he could both understand the hand he had been dealt while also being able to read the faces of those in the game. It would seem that one would never quite be able to understand Marland, the businessman without understanding how Marland liked the thrill of risk. It would help make him and threaten to break him but once he was broke he would simply move to pursuing the next opportunity.

            It would be a mistake though to imagine that Marland was simply a high stakes gambler. Once he entered the young oil industry as a wildcatter seeking to discover oil, he poured himself into learning what the relatively young scientific field of geology could teach him about how to better seek oil. He worked at first in the Western Pennsylvania areas and proved himself one of the better wildcatters. John D. Rockefeller hoped to buy him out, but Marland wanted to remain an independent oilman. Then he heard from a friend stationed at Fort Sill in Oklahoma that there were those who believed there might be oil in Oklahoma. Marland decided to give the area a look. Marland’s interest in geology convinced him as he looked at some outcropping that the lower plains looked promising for discovering oil. He decided to try to persuade creditors and investors to back his efforts to find oil and applied those lessons he had learned playing cards to convince those at his table to throw their money into supporting him as he played his hand. Marland threw everything he owned into the venture and finally struck oil as he was nearly completely out of credit. Within ten years Marland Oils was producing an estimated ten percent of global oil production.

            Marland’s father had taught E. W. Marland that there was a responsibility towards others that came with wealth. Marland worked out this responsibility by seeking to make sure that his employees who helped make him wealthy were given opportunity to better their lives. He also figured that if he paid his employees more than others paid their employees that they would be happier, more productive employees. He created a school for those of his employees who wished to learn more skills to advance their usefulness to his company and their earnings for their family. He offered low interest loans so that the employees could own their own homes, and provided free medical and dental benefits. He gave to area charities. One of the charities in the early twentieth century that Marland respected and gave to was the YMCA. Marland had such a high regard for them he sought to be able to use their symbol as the basis for his corporate symbol. The YMCA agreed to sell him the rights to make use of their logo. You can see the similarities between the Marland Oils logo and the YMCA logo.

https://p2.liveauctioneers.com/377/8521/1555290_1_l.jpg

The Marland Oils symbol

http://www.ghananewsagency.org/assets/images/ymca-logo.jpg

The YMCA symbol

 

            The boom years were amazing, but the oil industry was a competitive industry and Marland was a competitor by nature and he had that drive to find and process oil wherever there was oil to be discovered. He began bringing together geologists to discover oil worldwide, and employed scientists to do research to figure out new innovative uses for petroleum being discovered and processed by his oil company. That led to a fateful decision. He needed capital to finance his new investments and being confident that his investments would pay out he made an agreement with banking magnate J. P. Morgan for the financing he needed. Morgan was one of the shrewdest men of business in the world at the time. Morgan gave him the financing but required that Marland agree that Morgan’s Bank and Trust Company would be the sole company handling Marland’s credit needs. Morgan also needed an officer on the board of Marland Oils. It was a horrible decision by Marland. He became a victim of his own confidence. Oil discoveries in Texas, and a downturn in the global economy during the thirties, caused Marland Oils to lose money and now only J. P. Morgan could be used as a source of credit. To make a long story short, Morgan forced Marland to enter a merger with a couple of other small oil companies. Marland would no longer run the corporation which would be known as Continental Oil Company or Conoco. Marland resigned from the company he had built and many of the company’s longest serving employees were dismissed since many of them had loyalties to Marland. This was the world before American employees had rights.

            In the 1920’s Marland had built a mansion near Ponca City and adjacent to the mansion, he built a golf course which he then opened to public use without charge. After being run off from his own company, he could afford taxes only with the help of friends, and could not afford to live in the mansion. He and his wife lived in the gardener’s quarters while the house remained vacant.

            It might seem that Marland would have drifted off into obscurity, but once more he decided to offer his abilities to people that might invest in his ideas and dreams. Oklahoma struggled with the Great Depression, perhaps more than any other state in the Union. Thousands of Oklahomans died during the Dust Bowl years. Unemployment was high and the lives of Oklahomans looking for work became the stuff of Steinbeck novels and those who turned to bank robberies became legend as well. Marland began thinking he had some political ideas that might help Oklahoma.

            Marland had come to Oklahoma as a Republican, but with the Great Depression he was attracted to FDR’s New Deal policies. He began to envision how the state of Oklahoma and the nation could be remade into a better place to live. He was first elected to Congress, the first Democrat elected in his congressional district. He worked at getting banking and pension reforms passed. He then decided to run for Oklahoma Governor. He championed conservation projects to avoid the massive land erosion problems that plagued Oklahoma in the Dust Bowl years. Oklahoma has a tendency to have large spring rains that create flooding and then dry summer months and at times lengthy drought. Marland began seeking to build dams to offer flood control, create reservoirs, and produce hydroelectric power help to bring electricity to all of Oklahoma’s residents. He became one of the officials that helped to lay the foundation for Oklahoma’s recovery from its Dust Bowl Depression days to its moving forward in its post-Depression days. Marland also accomplished something else Oklahoma’s three governors before him did not accomplish. He followed three consecutive governors who were impeached by the legislature. He created enemies while governor because that is the nature of decision making, but the legislature never found grounds to impeach him, so at the time that was a positive contribution to Oklahoma politics.

            Sometimes you watch a movie of a legacy of a man such as E. W. Marland, and you wonder how he would live life now. I suspect if Marland lived today he wouldn’t necessarily be an oil man. I would imagine him as a man of science, a man imagining his life needed to be about helping others as well as creating new things, but it seems like part of who he was included not only pursuing high stakes but also tackling life with innovation. That is certainly needed in today’s oil industry where providing energy without contributing to the destruction of ecosystems is a challenge, but a man like Marland would perhaps have thrown his energy into a much different direction if living today.

All in all, the man who enjoyed the challenge of pursuing high stakes left Oklahomans one of the most impressive and colorful legacies in our state’s history. There are also other interesting stories I can’t share with you because this is already a long piece. But one piece of information I can’t resist sharing is something of the story of Marland’s surviving widow after his death. Marland’s first wife died at an early age, probably due to cancer. His second wife was a controversial choice and much younger than him. After Marland died, his second wife who was not fond of being in the limelight became a missing person. For twenty years almost no one knew her whereabouts and some believed something had happened to her. In the 1960’s most people didn’t know who the older woman was taking part in war protests and marching with civil rights protesters. But friends of the family continued to seek her whereabouts and eventually after twenty years of seeking anonymity returned to Ponca City. The mansion Marland built only to be able to live in the Gardener’s quarters had been purchased for dimes on the dollar by a Catholic order. She was granted to live in the quarters where she and her husband had lived. Eventually the Catholic Church decided to sell the grounds and mansion as monastic living was in decline at the time. Marland’s widow wrote a letter proposing that the grounds be purchased and maintained as a museum for the public. The E. W. Marland mansion near Ponca City remains one of Oklahoma’s favorite attractions. It seems right to remember a one of a kind man, and it seems right that the one who encouraged the public preservation of this part of history should be the one of kind widow he left behind. One might wonder if there really was a Marland Oils Company accounting for ten percent of the world’s oil production? Was there really an E.W. Marland, whose widow who disappeared for twenty years? Was this Oklahoma story real or is it the stuff of legends? I suppose there is a bit of history and legend in Oklahoma’s telling the story of E. W. Marland.

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