Arkansas intelligencer., 1857-05-01
Southern Dsveiopment-Roxin OIL.

rally from the articles 0f the city press on the
subject, and calling attention of their readers
TO the merits of an enterprise in which results
of the largest moment to the South are In
yolved.
on Saturday last we equoted an article from
the Natchitoches Chronicle, taking a very
sensible as well as practicable view of the
matters to which we appended some com.
ments opposite to the occasion. The Holmes
vile pike co. Miss.) Independent, of the 2d
inst, contains some very excellent obserya-
tious, setting forth the practicable nature Of
the undertaking, the inexhaustibility of the
raw material, the large profits that would ne
cessarliy flow from the transformation OF ro,in
into oil under the new invention, and the
mighty source of wealth that is thu, opened
to the south We will here subjoin a por-
ton of the remarks OF our HolmcsvIe CO.
temporary:
Truly the south Is ginning to exhibit the
monopolies which she l. destined 10 enjoy by
judciouS aud skilIful management of the
resources in her own hand. Oour cotton aud
our oil-the one now clothes the world, while
the other, the product Of the refuse seed aud
Of our pine forests, vii! soon be resorted to to
illuminate the world and keep the wheels of
commerce moving everywhere. When 1t Is
Remembered that I'll enters into every depart
Ineut of manufacture, from the construction
ut the nnesJ c.Isub,iS nuello t., tho hu-ost 10
comotive-that the spindle cannot move nor
the steamer be propelled without oil-that
the press, the great lever of civilization and
pioneer of progress, could not be run without
oil--an idea may be formed Of the immcnsity
of the oil trade. SO great IS the demand
tb,t all sn,,,,l,. E,St fail
iug. The whale has been driven from one
haunt to another, until now his unfrequent
presence in the fisheries comp,,S the con. ~
ton luat the world must look to some other
source for a supply Of the indispensable arti
lie Of oil In il..s ,.u-ia aealy, W LA4 that
France and England have found it necessary
to remove The duties on the import of tus
pentiue, rosin ..ud oil .ato those cOuntries.-
1t has been we'll remarked that this simple
facts speaks volumes of practcalities.
But the wheels OF the earth's commerce are
not to be stopped for this deficiency of the
supply of the necessary lubricating material
from the sources that have hitherto kept them
in motion. Here, iu the south, new resources
are daily developing themselves to render us
more and more independent of the world,
and promising the most lucrative returns 10
our increasing wealth.. w e nan lnCSe evil
dences of prosperity and strength to our i'm.
mediate section with the exuberant outbursts
of unalloyed delight, and as true southrons
desire 10 see every facility granted To this
end. When we feed and clothe ourselves
DO own printing, burn our own oil and
gas, and furnish ourselves and the rest of
mankind with the Necessary lubrlcatlng ma
terial for the movements Of machinery, man
ufacture and commerce, We may then apply
To ourselves, collectively, the more than prince
ly title assumed by our unpretendng sheet
that of independent and true southrons."
The Paulding CIacon-a paper enjoying
the largest circulation aud influence in Mis-
sissppi-adyerts to TO the new enterprise IN
the following language:
Southern De0etoPment.-The New Or
leans Crescent, Of the 18th ult, has AN article
under the above head, which is calculated to
interest particularly the owners and settlers
of our extensive pine forests in this State, and
those who have engaged in the yet new but
promising business oi turpentnc masking
The interest Of the subject is not confined
however, exclusively TO those. Every one
who feels concerned in seeing the vast and
aboundlng natural resources of the south de-
veloped by the hand Of industry and enter
Prise, and made efficient in adding To the
commercial wealth, greatness and power which
1t Is perfectly within her power To achie, e.
will view this movement with feelings OF live
ly interest.
The new branch of industry Of which the
Crescent speaks Is one of tar more importance
than those who have pad no attention To the
statistics IN relation to 1t are probably aware.
The greatly Increased demand for oil, aud :be
advancing prices, particularly Of the finer
qualite:, render amp new method Of produc-
In- 1t one fhe most tempting and promis
ing openings for the Investment of labor and
capital. We shall be greatly surprised If it
Is not eagerly embraced by capitalists, and
does not ultimately become one Of the most
important aud remunerative branch of south
ern industry. No one can calculate the un-
told wealth which lies undisturbed and with
scarce and effort being made for its develop
ment and realization in our neglected and
heretofore unappreciated pine forests.
If we are not wide of the mark the pine
forests of what is known as last Mississippi"
viii yield, in few brief years, a larger profit
to their owner than do the well cultivated
cottou lands ol Ncs, Mississippi. At ali
events such is our confident and well ground
ed belief.
We learn that the stock IN the Southern
Oil Company" is being taken at rate that
promises to close the subscription books with
IN few days. Our citizens should act upon
this hint and secure shares without delay. =
That the investment will prove immensely
profitable there is not shadow of doubt.
Result Of Hasty Leyislation.-The Ma
tional lntelligencer mentions an omission, re
sultng from the hasty Legislation of the late
Congress, which is of no little importance
1t appears that although the committee of
ways and means had reported an item of three
hundred and sixty thousand dollars for the
national arinories, no such item appears in