Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-10-12

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StS2 s||';t s sa:, x IL. -; s:ssa9Y
esIsbrased tgptpqt lehc(eee Il says:
wslls' ehich jIeid Eck % cE fHsel-
xSsITSbe1s.6, (aqta(fl ! m
"a yisld Of 40 Of the wells nov reaches |
vers2 40 stsrsl 4 ~ I'M, "a costs
ftom Is to Is more 70 haul Il TO the rail-
renn. The eogerunent inpOaes antnterpAl
ktSSb&s &axlof Al + bard on The eghde, 1ud
30 oenu = sI1on upen4Ss 311h1d oil, 90
that With the least margin Of cost for labor
q KS 90 dAy, Of 176, 6oo, 80 Jgar
nom ehis vicinity alone. faitN
The field Of The whole Of the Pennsylva.
M oil regions ID three times that Of ths
liehels region, - thss, without eeuntses
the1soduc ~ Wee virgipia, Ksn.uskuW
Ohio. We have Q sa0 Of ever $500 ,O0O, 900
ennGealv - dsecs 20 from nature, a suf-
aSsqs = dscaasss sss ssasssal dsbs in 10
he Tribune treats petroleum about = h
does the capsdSiss ~ si,e aearo. 1t esti
nats.L the negro equal to the average Of
Whites, andsi0, p&lrdlsuoi AaAuaA product
Of PennsyIvania 1t t2OO, 1000, 900. One il
about ~ near - tho other. The actual
annual product Of petroleum ip the. United
Sta11b y bemslhih1 Isbs tlAh ESQ % Oebt
and the average intelligence Of negroes falls
about - far below that Of the whites q tina
sssaAl product Of petroleum doss below u
sedAsts Of the New York Tribune. >.s io..s
-, q. estimates ths production Of Gin.
q aea On Pithols creek q 10000 xallons
Per day, or $500 barrels, which. according
to bis ngsu1 0frole per bssssal IL ID really
worth %, 1867 rpach0 eheHanordinsry SUN
o. eSQ0 pvO ,psr. dis9r Two thoussna ovs
Aandlea hpftsls 81 pSttoisun. nultlplisd il
ths LATITUDE 81 Chicago hy 60 per, barrel,
reaches ~ ths ltSesl q Ia, Ood. Here is
e3nflN sssos = ~ ZTjtvH'e tsekouiue u
91S0.Oo0 pr diem; and thm will remind
~ readers efthat sheet oenothiue % much
- q ths estimates made By the same nsws-
paper With relation TO the aghtiag qnslkies
q the negroes. II N the. v4oi6ieys dfthe
Tribune ofiaes 800 barVls a oil multiplied
~ $40 per befrsl psudsess tsOO, 900, one
cA4 seedsly - how the same ari,h,netcian
mmdply Eng kthc inRnitesimal courage Of .
n'gger recruit ~ his own desires or imag
anae'on, could easily produce result in
wen ~ said soety patriot would poeesss
0e hgnvsry and courage md patsietism
H. ~ possessed BY ~ The Greek and
Trojan heroes gathered st the siege Of
Troy. ~ =
n. g., In looking ct petroleum evidently
wore the saDs spectscles that he had on
when be looked at ,Fousiegism, bran broad
and vegetable diet. They are very pow
erful magnfers, and seen through them,
things look vastly larger ithsn they really
are. They must enlars thing at the very
least 60O, 700 diamsters. They make Four
ieriaa 6Sk lseges then Christianity, and
thei6ssrssts q 4 900, 900 Of negroes about
90 times larger than those Of %, 000, 900 Of
whites - seen BY the naked eye.
II. q. ~ his exsggsrations, il modest:
and be does not give ds I'll the truth-pos
sibly fearing ths public may not endure it.
Ae estimates the annual product Of the
Pennsylvania oil regions alone 1t 5000. 900.
OOO, when, according to his own figures. il
should be $2i0. 0OO, 900. He SAYS nothing
sboat Ohio, West Virginia, Kentucky,
Cslttornia and other places. We will An-
lsh NE la00ro. Careful statistics place the |
petroleum products Of Ill other localities At |
about one third that Of tho Pcnnsyl vanis |
district. Adding this to n. G.'s estimate
Of o90O, 00O, 900, aud We have yearly rev.
ends from petroleum In the United States
Of t966, 900. 900, aud some decimals to boot
which 10 Wen up to nearly $500, DOC, 900
per snpum. Wecan ~ easily and logic
ally 90 further, and state that by the build
ing Of railroads and the introduction Of i'm
proved processes Of mining. end the sub
stituticn Of boring for speculation, and the
discovery Of moro on territory, that the
product Of 1866 will be, at the very least,
onethird larger than that of tho present
year. This, according 70 II. G., will bring
the annual product up 70 @4OO, OOO. O00,
which Is more than eight times larger than
or gold product, and more than half the
entire annual production Of al the capital
and industry Of the states md territories. |
Az the entire product for the coming year,
in petroleum, under the most favorable |
circumstances, will not exceed $40 ,OOO. 900 |
it will be seen tn H.G.s figures on 1866
involves . little error Of $3.50, 900 900. The
difference in the future between the actual
340,OO0,0OO and the hypothetical $4OO, 900,
600 - el'0ut - great as that which will be
seen in the future - it will be, and that
millennium OF Ii. G's creation in which the
whole world shall have adopted misccgen-
alton As its cardinal principles Of faith.
II. @. would be good man to collect
debts-that is, good for the creditor, but
bad for the debtor. There are people work
ing ON salary who would not object to his
doing the Collecting. Let him 60 into the
buSiss6s. Chicago Times.