The Petroleum Centre daily record. [volume] (Petroleum Center, Pa.) 1868-1873, 1872-03-27
Results of the Contest.

tue uluereub TollICAo l1UeS OF tue Oll ke-
giou, are now 10 New York city, and BY
special agreement will meet the railway Of
ficiss TO arrange . basis Of fair and equlta.
Bile freights for the producers Of the Penn
sylvania Oil Region to-day. That the COM
mittes will be enabled 10 obtain fair, and
at the same time uniform rate Of freights,
we have scarcely any reason to doubt. Tho
high officials Of the grand trunk lines CEN
tsriug 10 the Petroleum Region, state frank.
ly that they entered into the contracts with
the Southern improvement Company under
. misappfebenclon Of the real iacts Of the
case. aud eviucs disposition to make such
eoncesiou and arrangements az our business
interests require. With this point gained,
We need fear no monopoly that can be
bought to bear. A fixed uniform rate Of
freigbts for oil, under contract or arrange.
ment extending over q term Of five or ten
years, 10 as much as we can ask for reasona.
bly,, and 10 certainly all we require.
The Free Pipe Bill Is passed, aod 10 law.
Congress has interested itself in our behalf,
aud 1t is to be hoped that eur own legisls-
turs will 90 far comply with the wishes Of
the people Of the oil country, a. to repeal
the charter Of tas South improvement and
oil other such monster monopolies Such
action would 60 far 10 redeem them from
the many we'll sustained accusations Of cor.
rupt legislation now on record against
them.
The South improvement monopoly is al
ready powerless, and must In any event be.
come defauct institution. Their sbjecls
aud aims stand forth in sush hideoas de-
fornity, and they have been so terribly
beaten In detail, a. to need no extended
comment.
The entire country owes debt of grati-
tude to the people Of the Oil Region, for to
them is..dus the credit Of meeting this msu-
stsr monopoly, that threatens to absorb
every industrial branch of business, and
crushing It BY their righteous indignation
Justly incenssd, labo,ing under great ex-
citemsut, aud making uneqnalled sacrifices,
our people have. throughout the contest
fslly preserved their dignity sod high com.
mercisl character Caimness and modera-
tion have characterized their deliberations.
They have asked for nothing but their just
rights, and knowing the same, were deter.
mired To- have them at any and all hazards.
The foe, seeing the stern array against
them, have sbrunk back amazed, thorough
ly demoralized, and surrended st discretion.
This is sumething our people may we'll be
proud oi
We consider that the battle has been
fought, sud that only the details OF the
sspitulation are to be arranged. The Com.
mittses already at work, and the organizs-
tion effected, can easily arrange this.
The loss to the OH Region, from the sl-
most generel suspension Of oil operations
during the prevalence of the excitement,
has beea something. though not ~ great a.
might have been. Numbers OF wells.iu pro.
cess Of drilling last month IVES about 400, at
. fetal cost Of about $l,70O, 100. About
same number were being drilled at com
meneement Of present month. We have no
means Of asserting the number that were
stopped, but think it will range from one.
half TO two thirds. This much tbeH has
been added to the cash capital of the Oil
Region, and will come into good uss 10 com.
meociag: active operations again. This,
and the stoppsge Of pumping many wells on
the Sabbath, will also have the effeot to
materially lesson the production, and ensure
better prices.
With The monopoly squelched, and an as
sured uniform rate OF oil ir~ights upon each
Of the transporting lines, full confidence 10
again restored, and every branch OF bnsi-
ness 10 the ei. country will receive fresh
Impetus, and the year that was so cioude6
o. the outset will yet prove the most pros.
porous We have ever had. Things are
bound to ss oil right again 10 . few short
weeks, and the close OF the season will OK
hibis prosperous and happy people, 90
far a the Oil Regions 10 concerned. Send
along shs csrs.-[On City Register.
~The wsrld>renowped actor, Edwin