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
gubernatorial election. The brick-block, the homes of the parents and
the sons, the assets of the concern—mere drops in the bucket—met a
trifling percentage of the liabilities. Property was sacrificed, suits
were entered and dismissed, savings of depositors were swept away and
the failure entailed a host of serious losses. The senior Delamater
went to Ohio to start life anew at seventy-one. George W. located in
Chicago and quickly gathered a law-practice. That he will regain
wealth and honor, pay off every creditor and some day represent his
district in Congress those who know him best are not unwilling to
believe. The fall of the Delamater family—the beggary of the aged
father—the crushing of the son’s honorable ambition—the exile from
home and friends—the suffering of innocent victims—all these
illustrate the sad reverses which, in the oil-region, have “come, not
single spies, but in battalions.”
James Bonner, son of an Ohio clergyman and book-keeper for Noble &
Delamater, lodged in the firm’s new office beside the well. Seized with
typhoid fever, his recovery was hopeless. The office caught fire, young
Bonner’s father carried him to the window, a board was placed to slide
him down and he expired in a few moments. His father, overcome by smoke,
was rescued with difficulty; his mother escaped by jumping from the
second story.
James Foster owned sixty acres on the west side of Oil Creek, opposite
the Farrell and Caldwell tracts. The upper half, extending over the hill
to Pioneer Run, he sold to the Irwin Petroleum Company of Philadelphia,
whose Irwin well pumped two-hundred barrels a day. The Porter well,
finished in May of 1864, flowed all summer, gradually declining from
two-hundred barrels to seventy and finally pumping twenty. Other wells
and a refinery paid good dividends. J. W. Sherman, of Cleveland, leased
the lower end of the farm and bounced the “spring-pole” in the winter of
1861-2. His wife’s money and his own played out before the second sand
was penetrated. It was impossible to drill deeper “by hand-power.” A
horse or an engine must be had to work the tools. “Pete,” a white,
angular equine, was procured for one-sixteenth interest in the well. The
task becoming too heavy for “Pete,” another sixteenth was traded to
William Avery and J. E. Steele for a small engine and boiler. Lack of
means to buy coal—an expensive article, sold only for “spot cash”—caused
a week’s delay. The owners of the well could not muster “long green” to
pay for one ton of fuel! For another sixteenth a purchaser grudgingly
surrendered eighty dollars and a shot-gun! The last dollar had been
expended when, on March sixteenth, 1862—just in season to celebrate St.
Patrick’s day—the tools punctured the third sand. A “crevice” was hit,
the tools were drawn out and in five minutes everything swam in oil. The
Sherman well was flowing two-thousand barrels a day! Borrowing the
phrase of the parrot stripped of his feathers and blown five-hundred
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account