The New York herald., 1864-10-20
Petroifs as . Rage.

We live IN gay and flashing era The
Americans are . live and progressive peo-
pie. Whatever they touch tells They
mako discoveries In the Arctic Ocean,
where they hunt after lost Englishmen and
DAck up and educate the rude Esuuimaux.
They divest the ocean Of its treasures. They
invent impenetrable locks. rsaping machines,
sewing machines, telegraphic and Photographic
machines, steam engines and calorie engines
and, in short, they invent anything that can be
Of service to mankind. When out of any other
material for excitement they get up and run
at tremendous cost . gigantic rebellion. This Is
q bloody piece Of work, and is not one Of their
own inventions. Satan first began the busi-
ness in the purple realEys of heaven. A weak
and undevcloped nation, they carried on two.
gfeat wars with the then greatest Power on
earth. They have subdued hordes Of hostile
savages, redeemed millions Of acres of soil, and
made the desert blossom as the rose They
wrenched gold from the rocks Of California,
where it had been hidden for ages They
spread open the rich placers of the same
region, and with tin pans OF Yankee invention
produced that "dust" which some people find
so difficult to lay down. They had once diet
OF worms which set them almost crazy-the
morus muE'cauIs fever oame near being the
death OF many Of them. The rage for rail
road stock gambling seized them for
while. But they survived that. specu-
lative distemper peculiar to the American
disposition and character possesses them
almost at all times.
Now Pe,rolis is the rage. In the alb
sence of regular board for the sale of
stocks, parties struck with the petroleum
fever strike for the petroleum stock brokers.
Hence Kingsland is sough. for the stock of
all the dividend paying oil companies, and
for new idea christened the castor Burn
ing Spring Petroleum Land Association" for
the ''Nob!e Well' Company, with its dividend
of two per cent per month, or Sl20,O0U
per annum; for the "Maple Shade" with its
three per cent per month. or $lS0,Oo0 per an
nun; for the Knckerbocker," with its one per
cent per mouth, or sl20,000 per year; for the
"United States,'' with its one per cent per
month, or 100000 per annum; for the "Con-
solidated,' with its one and q half per cent per
cess" with its two and quarter per cent per
month or s30,OOO per annum on 100000
cspital for the "Manhattau,' located on the
Blood and Story and part of the Rynd farms,
with its magnificent dividend of four per cent per
month, or $240,000 per annum on capital OF
only $500, ,o00 for the Buchanan Farm Oil Com
pany," with its one per cent per month, or
SisO,O0O per annum on its capital stock of
$4,000 for the .'Rynd Farm Oil Com
papy," new one, with brilliant prospects; for
the Columbia of Pittsburg, with its dividend
OF four per cent per month-the lowest for the
last year, the highest having been ten
per cent per month--in the aggregate
ST. 200 GOO per annum; for the "Noble and
De la Mater with its dividend Of ten per
cent per month for six months, or $500, 900
| per annum--Sl00000 above its capital
| Kingsland advances the dividends on all
| dividend paying oil stocks. Then pass to Fred.
! w. Clarke's exchange. Here the seeker after
| oleaginous wealth finds the Central Petroleum
Company" with its dividend Of one per cent
per month, or S6OO,ooo per year; the Blood
Farm Petroleum Company" paying $4,000
per anuum; the Home Company, whose re-
ceipts 60 into the development of other COM
panies; the american Petroleum Company"
on the celebrated Tarr farm--the oldest in ex-
istence-paying one per cent per month, or
$50 900 per annum; the "Tarr Farm Petroleum
Company" with its dividend Of one per cent
per month, or $4,000 per aunum; the Omitted
Petroleum Farms Association" just formed
with sl5,OO0,OO0 capital-s2, ,OO0oO already
subscribed-proposed to be made into three
companies. This property includes the we'll
known Reed well. Then the wealth seeker
goes to L. Fl. Simpson & Company, where he
finds the president Oil Company" with its
SIS ,0O0, 900 capital, and only one dollar sub
scription-- OO,O08 are subscribed, and FIVE
bank presidents are among the subscribers
Then he may 60 to Albert III. Nicolay,
and we do not know how many others,
and take his choice.
Thus is Petroia the present rage, and our
people see it and know it. You cannot find
ten Pstrolians together in one place where you
do not find at least ten millions OF capital
represented. Why should not New York be
benefited by this new rage!
Az ENGLISH SECESSION DocuMkSr.-A very
extraordinary document. in the shape OF An ap-
peal to the people Of the United States from
"the people" Of Great Britain TO make peace
with the South and acknowledge its independ
snce has been recently seat 10 this country
aud no doubt pretty extensively circulated. 1t
was forwarded to Governor Seymour, with
private note signed by . certain Henry de
Hoghton, Baronet; but copie. of the paper,