Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globeMcLaurin, John J. (John James)
History
Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globe
McLaurin, John J. (John James)
Petroleum -- History; Petroleum industry and trade -- North America -- History
For years whatever he touched seemed to turn into gold and he computed
his dollars by hundreds of thousands. Days of adversity overtook him,
the splendid home was sacrificed and he died poor. To men of the stamp
of Watson, Anderson, Abbott, Emery, Fertig and Cady Titusville owes its
real start in the direction of greatness. Much of the froth and fume of
former days is missing, but the baser elements have been eliminated,
trade is on a solid basis and important manufactures have been
established. There are big refineries, Holly water-works, a race-track,
ball-grounds, top-notch hotels, live newspapers, inviting churches and a
lovely cemetery in which to plant good citizens when they pass in their
checks. Pilgrims who expect to find Titusville dead or dying will be as
badly fooled as the lover whose girl eloped with the other fellow.
Unluckily for himself, Colonel Drake took a narrow view of affairs.
Complacently assuming that he had “tapped the mine”—to quote his own
phrase—and that paying territory would not be found outside the
company’s lease, he pumped the well serenely, told funny stories and
secured not one foot of ground! Had he possessed a particle of the
prophetic instinct, had he grasped the magnitude of the issues at stake,
had he appreciated the importance of petroleum as a commercial product,
had he been able to “see an inch beyond his nose,” he would have gone
forth that August morning and become “Master of the Oil Country!” “The
world was all before him where to choose,” he was literally “monarch of
all he surveyed,” but he didn’t move a peg! Money was not needed, the
promise of one-eighth or one-quarter royalty satisfying the easy-going
farmers, consequently he might have gathered in any quantity of land.
Friends urged him to “get into the game;” he rejected their counsel and
never realized his mistake until other wells sent prices skyward and it
was everlastingly too late for his short pole to knock the persimmons.
Yet this is the man whom numerous writers have proclaimed “the
discoverer of petroleum!” Times without number it has been said and
written and printed that he was “the first man to advise boring for
oil,” that “his was the first mind to conceive the idea of penetrating
the rock in search of a larger deposit of oil than was dreamed of by any
one,” that “he alone unlocked one of nature’s vast storehouses” and “had
visions of a revolution in light and lubrication.” Considering what
Kier, Peterson, Bissell and Watson had done years before Drake ever
saw—perhaps ever heard of—a drop of petroleum, the absurdity of these
claims is “so plain that he who runs may read.” Couple with this his
incredible failure to secure lands after the well was drilled—wholly
inexcusable if he supposed oil-operations would ever be important—and
the man who thinks Colonel Drake was “the first man with a clear
conception of the future of petroleum” could swallow the fish that
swallowed Jonah!
Public-domain text, read in full here on John Shaqi.
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