The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-06
NEW YORK HERALD SUNDAY, AUGUST 6, 1896.

NEW YORK HERALD, 81
artistic display given by two hundred young misses with
few older ones. in Meadville II . grand floral
festival, with variety Of songs, chorusses duets tab
leux, 10, by the Aeadvlle Floral Choir, under the
direction Of Mr. r. W. seager late Of st. Paul, MINI,
with Miss Susie Holt a. organist The Floral Queen was
represented BY Miss Ida Brown and very pretty queen
she made, amply beautiful to reign In Floras domnions
20 well s In Petroa number Of the Petroll were re-
presented BY young members Of families that have won
riches and renown from oil. Among these was Miss
Bella hcClintock who evinced taste and refinement In
her presentations
WHAT THE OLD OIL oPERAToRs ARE DOING.
You can find everywhere in the oil regions evidences
that years time has made marked difference in the
habits pursuits, tastes, and ambition Of those whose
sudden wealth set half Of them and nearly half Of the
rest Of mankind, nearly crazy less than twelve
months since. vulgarity has given place to
responsibility ostentation TO modesty, dissipa-
ton to sobrety, and desire 70 outshine the
old arstocracies in displays, dresses, jewelry,
costly Jste etc., has been superseded by determine
ton to merit by WORTH instead OF wealth. good manners
instead Of boorshnes and decent respect for the con-
ventonalties Of e than positions in society which mere
riches suddenly acquired cannot attain. Hence We ind
young misses coming from fashionable boarding schools
with all that polish and grace which are the peculiar
charms Of American ladies in polite circles and hence II
is that mortified by the example Of one unfortunate
scion Of the newly founded arsocacy, whose reckless
ness extravasance and notorious debauchery brought
themselves into rdcule, on 6rst one piece Of
travagancesven 10 selling their gold watches and gold
chans-then another, and 6nally. dvorcng themselves
from all ambition to excel in the nppancy and glare Of
tv pof n aiD nIN hnuoo toksu a
bride thsrefrom, another building church at cost Of
sixty thousand dollars and others devotng their capital
talent and energies to the development Of the hidden re-
Of other parts Of the country as well as ensng in
works Of charity and Of goodness I have conversed
with some gentlemen worth two millions honestly
obtained, who that the Of Johnny Steele
providential ono for them, for by his example, like
George Barnwel "they learned to shun his fate and
are now honored and respected good and substantial
members Of society. number Of these men have pur
chased hne farms In the West built substantial houses
and avoid city life as they would pestilence. Again
number have taken Lake city their home and have
constructed splendid Of residences which might be
termed the Petroleum Coonnade Others have gone to
purpose Of spending little Of their surplus cash.
srEEcr o. THE ARREST OF PETROLEUM. swINDLERs.
Speaking Of the arrest in New York and Philadelphia
panes you would be struck with the effect II has had
upon the honest who have realized large fortunes
have heard some Of them say they would rather be
poor man with good name than rich one without
They cordially endorse the course Of the Herald in
posing the frauds Of the sharks In the Petroleum Ex
change and the swinders out OF IT, They consider that
much Of the want Of success in some Of the companies
that have had good landed interests Is TO be attributed
to the msmanagement of the affairs Of the companies
who have made officers OF men who knew nothing about
their business and who sent inexperienced agents into
the territory to develop the lands and exhausted the
working capital by paying unnecessarily extravagant
prices labor and material to say nothing Of what was
what the practical oil soy They also express the
belief that the petroleum excitement occurring at tho
e 10 Or
sorbng vast amount Of government currency kept Wall
street and such precincts from being glued with tin
Short reducing its volume by hundreds Of millions and
Of course enhancing its value by preventing the natural
effects Of its enormous expansion.
Newcastle 10 noted for it's COAL It's iron iron foundry
rolling mills and viii become famous for its churches
OF these there are ten Or eleven in the place. which has
Campbelte, is being constructed at cost Ssix thou
sand dollars the bulk Of which is borne by the phillips
Of Newcastle with the Belgian pavement Coal IS
brought here from Lake Superior for blasting
Nw York and ossr cities oSa
making gas Most Of the latter kind Of COAL however,
comes from Clinton, few miles below Newcastle. The
Newcastle oCal 10 bitumnous and Is found In immense
quantities In the vicinity Within circuit of ten miles
over three millions Of tons are annually produced Some
ner ton fsst year Il was WORTH sin So,sr. aDu nA'
Sharon. a few miles above Newcastle in Mercer
county }s lannon's for the nuslitv oS ito coa which 10
aid 10 be the onv coal in this yioinitv which can be
worked raw in the smelling furnace Hearing reports
that oil had been struck In Sharon asccrtaned that Il
was not in Sharon but at Biz Bend ten miles above
that well had been sunk, which produced about ten
barrels per day OH had also been found few miles
below But the Sharon lands are far more valuable for
coal than Oil and II properly situated, can command
much higher price / understand that New York DE-
troeum Company has large interest in these lands RI
So and the land is held in iee their capital could better
be employed In producing coal Of a valuable QUALITY
Returning 10 Newcastle will merely ssate that has
three newspapers several notes.-the Leslie being the
best-two banks and, II smoke could lend q charm TO
any place, II has plenty Of IT, Il is little Ptsburg on
that The inhabitrnts al appear 70 be thriving
goodnatured and SOBER and the ladies fair and winsome
New York houses abound, although the tastes OF the
people rather affect the Philadelphia style Two gentle
men connected with one of the largest New York
houses-Jafrcy & Co.-are now here, one having been
quite sick With bilious fever for some weeks but s now
recovering. nAllr li
For the drst time since left New York have heard