mid earth's rocky caverns, through the revolving centuries, the
stores have been accumulating that are destined to bless the world and
become elements of national wealth. And now from that great laboratory,
through innumerable channels, cut through the living rock by the hand of
the Creator, and by 'paths which no fowl knoweth, and which the
vulture's eye hath not seen,' is that treasure brought near to the
earth's surface, just in our time of need. When other supplies are
failing and other resources giving way, we see God's wisdom in opening
up new channels. The great Benefactor would teach us that his resources
are unlimited, and that our time of need is but the beginning of his
overflowing bounty.
It is really strange how slow men were to discover the abundance of this
supply, and to trace it to its luxuriant deposits amid the rocks. While
it was literally forcing itself upon their observation, it was only by a
roundabout process that they discovered its richness and importance. As
early as the year 1835 its presence amid the rocks was made known on the
Alleghany River, a short distance above Pittsburg, by its interference
with the salt wells; but no dream of its future importance seems to have
forced itself upon either the miner or the capitalist until within the
last few years.
Perhaps the first real conception of the petroleum trade was in the mind
of a young physician in the Venango region. Yet it was but a dream, and,
like many another dream of the past, it was in advance of the age, and
resulted in nothing but speculation. In looking at the numerous slight
veins of oil that oozed up along the bed of Oil Creek, the thought
occurred to him that, by tracing these little veins to their source, the
main artery might be reached. And as this tracing must be through the
rock, the proper plan would be to bore down through it, until a large
vein was reached. This was certainly professional, and, now that it has
been tested, seems a very plain and simple idea. But it was like the
theory of Columbus in regard to a new continent, entirely too bold for
the times, and was rejected. There was in this physician's theory but
one link lacking in order to have anticipated the entire scheme of oil
production as it was afterward generally carried on. The thought did not
occur to him of leasing the lands along Oil Creek, and thus securing an
interest in the entire territory: he thought only of purchasing, and as
he could not comma
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