evil report,
particularly the latter, until August 26th, 1859, when, at the depth of
seventy feet, the drill suddenly sank into a cavity in the rock, when
there was immediate evidence of the presence of oil in large quantities.
It was like the cry of 'Land ho!' amid the weary, disheartened mariners
that accompanied Columbus to the Western World. The goal had been
reached at last. A pathway had been opened up through the rocks,
leading, not to universal empire, but to realms of wealth hitherto
unknown. Providence had literally forced upon men's attention that which
should fill many dwellings with light, and many hearts with gladness.
Upon withdrawing the drill from the well, the oil and water rose nearly
to the surface. The question was now to be tested whether the petroleum
would present itself in sufficient quantities to justify further
proceedings, or whether it was, like many another dream, to vanish in
darkness, or dissolve in tears. The well was tubed, and by a common hand
pump yielded ten barrels per day. By means of a more powerful pump,
worked by a small engine, this quantity was increased to forty barrels
per day. The supply was uninterrupted, the engine working day and night,
and the question was considered settled. This oil well immediately
became the centre of attraction. It was visited by hundreds and
thousands, all eager to see for themselves, and test by actual
experiment, the wondrous stories that had been related concerning its
enormous yield, by counting the seconds that elapsed during the yield of
a single gallon.
The fortune of the valley of Oil Creek was now settled, and the prices
of land throughout its whole extent immediately became fabulous.
Sometimes entire farms were sold, but generally they were leased in very
small lots. In some cases the operator was required to give one half and
even five eighths of the product, besides a handsome bonus, to the
proprietor of the soil. The work now commenced in earnest. A tide of
speculators began to set in toward the oil region, that would have
overpowered that of California or Australia in their palmiest days.
The excitement did not stop at the valley of Oil Creek. It extended down
the Alleghany to Franklin, and up the valley of French Creek, which
enters the Alleghany seven miles below the mouth of Oil Creek. Wells
were sunk at all these points, and many of them yielded from three to
forty barrels per day. In the course of the summer succeeding the
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