The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-09-13

the great value of Il was not at once appre-
ciatcd. But soon afterwards the attention of
intelligent scientific and commercial men was
Grawn TO the subject and since that the results
that have been developed by enterprise and
capital, have no less excited than surprised the
people Of this country and Europe Persons
previously obscure and poor, owning small
tracts Of land in one Of the recently most un-
improved, unpromising, and inhospltabe parts
of this great Commonwealth, have been raised,
not only to widespread notorlety, but
fabulous fortunes, by the before un-
dreamed of but suddenly discovered wealth
Of few barren acres, which they and their
ancestors had long dwelt on in solitary and
unambitous poverty. The name ofMCCLIN-
ToCK, and BLOOD, and EGBERT, only little
while ago unhoard of in the busy marts of
trade, and finance, and speculation, are as
familiar now Gas household words" while
farms which cost originally but little more
than the price OF the original surveys and the
title papers, have been sold within the last
two years for millions Of dollars, and have
paid, and are now paying, the purchasers
princely dividends on their Investments
II Is Pennsylvania, too, that has given this
new source Of wealth to the world. She
always enjoyed the reputation Of being, natu-
rally, the richest State in the Union. Her
mineral resources, especially in coal and iron,
have long been recognized as emitting her TO
unapproachable pre-eminence over all her
sister States of the Confederacy in material
affluence. And now that she seems destined
to furnish the substance that is to grease the
productive machinery Of all the world, at the
very moment that other sources Of supply are
exhausted, her people may well congratulate
themselves on this new development of her
territorial resources, and the commercial im-
pOrtance and power it must secure to her
citizens.
Nor is this new element Of wealth confined,
as has been supposed, to a single locality.
The presence of petroleum in other portions
of the State, on a nearly due southwestern
line with Venango county, has been abun-
dantly manifested by unmistakable surface
| indications, and recent experiments made in
those regions have been rewarded by the
most gratifying results. In Greene county,
especially, borings for oil have been made
within the last few months, and the returns
have much more than realized expectations
The preliminary developments there
warrant the belief among experienced
and scientific observers that the district
Just named will even surpass in productive
ness the prolific basins of "Ol Creek" in
Venango. Greene county is county of
creeks, and iL the ravines, worn by these
water-courses, are not only found all the ind-
cations OF coal oil deposits, but they are cut
so low down in the natural formations of the
soil as to render the oil accessible at much
less depth than has to be penetrated, in order
Z to reach it, even in the locality where it was
? first discovered.
On almost all the streams in Greene county
the lands have already been leased with view
to explorations for coal oil and on one par.
ticularly, called Dunkard's, the developments
) have been ofthe most encouraging character
The editor of the Waynesburg (Pa.) Messen-
ger, in referring to the subject, after careful
personal inspection OF the region and the ope-
rations that are now taking place there, says -
ave are honestly of opinion that when capital
and enterprise shall have developed the Lands
compare in the extent of its oil production
with the Venango district, while in the purity
gravity and value of the oil it is acknowledged
TO be infinitely superior. Our convictions on
this subject are based upon actual knowledge
" and observation of both regions, and of the
geological formations and surface indications.
& We are gratified to learn that we are not alone
" in these favorable impressions and augurIes.
"Scentiic men and experienced and practical
oil operators concur in them, and are investing
" literally of their own means, and directing the
attention Of capitalists to the promising charac-
% ter OF the Dunkard country. Already several
large companies have been organized in Pitts
" burg and the East, which will soon commence
g operations on an extensive scale. In the mean
' time, individual energy and local enterprise are
doing much to develop that favored locality
New dercBs spring up every few days, and
, " the process of sinking wells goes on in many
" instances without interruption, night or day.
Thus does one discovery of territorial wealtl
within our borders lead naturally to another
and the commercial prosperity and inauenc
= which Pennsylvania has hitherto derived from
r her superior coal and iron resources are des
o tined to be greatly augmented by this late
revelation of product which must not onl
: greatly enrich our own people, but contrbut
intellectually to the convenience and emolu
v ment of the world.
A NEW SHANE FOR OUR CITY.
'l A few weeks ago q vessel was seized an