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
The usual hurly-burly followed. People who voted the James adventure a
fish-story writhed and twisted to drill near the spirited Harmonial. New
strikes increased the hubbub and established the sure quality of the
territory. Scores of wells were sunk on the Porter, Brown, Tyrell,
Beebe, Dunham and other farms for miles. Prices of supplies advanced and
machine-shops in the oil-regions ran night and day to meet orders. Land
sold at five-hundred to five-thousand dollars an acre, often changing
hands three or four times a day. Interests in wells going down found
willing purchasers. Strangers crowded Pleasantville, which trebled its
population and buildings during the year. It was a second edition of
Pithole, mildly subdued and divested of frothy sensationalism. If
gigantic gushers did not dazzle, dry-holes did not discourage. If nobody
cleared a million dollars at a clip, nobody cleared out to avoid
creditors. Nobody had to loaf and trust to Providence for daily bread.
Providence wasn’t running a bakery for the benefit of idlers and work
was plentiful at Pleasantville. The production reached three-thousand
barrels in the summer of 1868, dropping to fifteen-hundred in 1870.
Three banks prospered and imposing brick-blocks succeeded unsubstantial
frames. Fresh pastures invited the floating mass to Clarion, Armstrong
and Butler. Small wells were abandoned, machinery was shipped southward
and the pretty village moved backward gracefully. Pleasantville had
“marched up the hill and then marched down again.”
Abram James, a man of fine intellect, nervous temperament and lofty
principle, lived at Pleasantville a year. He located a dozen paying
wells in other sections, under the influence of his “spirit-guide.” The
Harmonial was his greatest hit, bringing him wealth and distinction. His
worst break—a dry-hole on the Clarion river eighteen-hundred feet
deep—cost him six-thousand dollars in 1874. None questioned his absolute
sincerity, although many rejected his theories of the supernatural.
Whether he is still in the flesh or has become a spirit has not been
manifested to his old friends in Oildom.
Samuel Stewart, an old resident and prosperous land-owner, is a leading
citizen of Cherrytree township. He operated successfully in his own
neighborhood and around Pleasantville. His acquaintance with men and
affairs is not surpassed in Venango county. He is half-brother of Mrs.
William R. Crawford, Franklin. Lyman and Milton Stewart, of Titusville,
have not stayed in the rear. They drilled hundreds of wells in
Pennsylvania and invested liberally in California territory. Good men
and true are the Stewarts from beginning to end.
[Illustration: SAMUEL STEWART.]
Public-domain text, read in full here on John Shaqi.
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