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
Splendidly managed throughout, the policy of the Columbia Company was to
operate its lands systematically. Wells were not drilled at random over
the farm, nor were leases granted to speculators. There was no effort to
make a big showing of production and exhaust the territory in the
shortest time possible. For twenty-five years the Story farm yielded
profitably. The wells, never amazingly large, held on tenaciously. The
Ladies’ well produced sixty-five-thousand barrels, the Floral
sixty-thousand, the Big Tank fifty-thousand, the Story Centre
forty-five-thousand, the Breedtown forty-thousand, the Cherry Run
fifty-five-thousand, the Titus pair one-hundred-thousand and the Perry
thirty-five-thousand. The company erected machine-shops, built houses
for employés, and the village of Columbia prospered. The Columbia Cornet
Band, superbly appointed, its thirty members in rich uniforms, its
instruments the finest and its drum-major an acrobatic revelation, could
have given Gilmore’s or Sousa’s points in ravishing music. G. S.
Bancroft superintended the wells and D. H. Boulton, now of Franklin,
assisted President D. B. Stewart, of Pittsburg, in conducting affairs
generally. The village has vanished, the cornet band is hushed forever,
the fields are the prey of weeds and underbrush and brakemen no more
call out “Columby!” A few small wells, hidden amid the hills, produce a
morsel of oil, but the farm, despoiled of sixteen-million dollars of
greasy treasure, would not bring one-fourth the price paid William Story
for it in the fall of 1859. “So passes away earthly glory” is as true
to-day as when Horace evolved the classic phrase two-thousand years ago.
“Man wants but little, nor that little long;
How soon must he resign his very dust,
Which frugal nature lent him for an hour!”
Public-domain text, read in full here on John Shaqi.
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