Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-07-19
OILY GARFIELD.
HOW HE BORED IN CHICAGO and
FOUND A WE'LL.
In Which His Friends Located $3.50, 900
A Talk With Some of the Victlms-G Gar
fields Companion a Campbellite Minister
Their Commissions Amounted to $685.
900, While the Count Amounted to Nix.
chicago Times. 18th.

than bear out the crude statement presented
yesterday, in all important details, though the
error was made in the original recital of loca-
ting the territory in Ohio instead of Pennsyl-
vania and West Virginia, a trivial mistake which
has been magnifed into one of great impor-
lance. But the facts as they are developed in
the succeeding interviews speak for them
selves and render all introduction entirely I'M
nessary. For several days a Times emssary
has been on the trail of Rev. Jonathan G
Stoughton, of Aurora, who was supposed to
know all about the wrong deal, but that gentle
man could not be run down until yesterday.
promptly asked to tell what he knew. The
Rev. Stoughton is perennial candidate for
Congress from the Fourth district. He can al
ways count on the solid support of the temper
ance element, and two years ago the Democrats
Clipped in and loaned him few votes. He is
the most uneasy ministerial politician in exist
ence, good talker, and keen observer.
Likewise
HE HAS MEMORY
"a memory remarkable and oftentimes incon-
veniently tenacious and retentive.
began. by way of preface, "by this talk about
Hancock having been engaged in doubtful
oil speculation, that had been bitten myself
| once upon time. The circumstance had en-
| tirely escaped my recollection and I should
probably never have thought of them again
| had it not been for these recent publications.
On thinking the matter over it suddenly occur
| red to me that had been induced to invest
| through the representations of Gen, James A.
Garfield"
"How was it?' interposed the reporter.
GAS near as can recollect it occurred about
| this way. Some time in the summer or fall of
1865 think it was, was invited by Gen. II.
N. Eldridge, an old friend of mine, to go with
| him to make call on Gen. Garfield, who was
| stopping at the Sherman house for the time
being. do not know that the purpose of the
| visit was mentioned, but had no sooner been
| introduced to Gen. Garfield than this oil pro-
| ject as brought up. was willing listen
er and the general proceeded to unfold his
plans. He discoursed eloquently upon the
| art and science of boring for oil, and gave an
| elaborate essay on the geological peculiarities
| of oil-bearing rocks"
"What did he say on that point?"
"Oh, well. can't begin to repeat all that he
| said, but he was particular to impress upon me
| the fact that these rocks were thrown up by
some volcanic action into
HOG BACK
and that hole bored through the hog back is
sure to strike oil. This porcine protuber-
! ance on the fair face of nature, he said. ex-
| tending in q northeasterly and southwesterly
| direction through Western Pennsylvania and
West Virginia.
"Then he drifted into description of the
property he represented, and when he had con-
| cluded his talk know was firmly impressed
with the conviction that the land he was in
| tereEted in selling was situated on the topmost
point of the Ioftiest elevation on the hog
| back he had depicted SO graphically. He rep
resented to me that
THERE WAS ALREADY ONE FLOWING WELL ON THE
PROPERTY,
and that others would be sure to come as soon
as ever time was given to puncture the earth
| in the vicinity. He further informed me that
the company he proposed to organize. was
assisting in organizing, would be conducted
| on strictly business principles, and that j V.
Farweil would take the presidency of the cor
poration in order to make assurance in this re-
gard doubly sure.
Il was delighted with the project and sub
| scribed twenty-five shares on the spot. 1t was
a small amount, but as l was not rich could
| not afford to dip in deeper. [ was rejoiced at
the good fortune in store for me, and went
| home and told my friends about it. / recount
ed what Garfield had told me, and this
proved sufficient to induce several of
my neighbors to take stock-E. A. Bradley,
cashier of the First National bank of Aurora,
| DIR. Buck, and others. paid $75 for my stock,
| and Mr.. Bradley sent $500 to headquarters by
| me- In due time my certificate of stock came
to hand. looked at it, and, to my astonish-
ment, saw that
THE NAME OF JOHN v. FARwELL DID NOT AP-
PEAR
as president. This cooled my ardor, and lost
a percentage of my faith in the company from
| that moment. made haste to acquaint those
| of my friends who had invested on my recon-
| mendation of my discovery, and this was fort.
| unately sufficient to deter them from paying
| for the stock they had taken. None Of the
Aurora subscribers were out anything except
Mr.. Bradley and myself"
you have not yet told what became of yous
| oil company"
81 was coming to that. used to drop in to
| see Col. Hubbard, the secretary of the Com
pany, every time l came to the city, and in
quire how things were going on. was assured
that there was nothing to report, and after a
while quit coming. l was never able to learn
anything about the operations of the company
through its officers. l once wrote to Garfield
about it, but in the press of business he pro-
| badly overlooked my letter. In any event
NEVER RECEIVED REPLY.
Il piled my certificates of stock among my
| other papers, and here it is just as good as it
was the day bought and paid for it,
The Rev. Stoughton's story was clear, so far
as it went. but there were other details neces-
sary to make it complete; to round it out, as it
were, and, in company with the Aurora gentle
man. the reporter called on
COL. G. 8. HUBBARD,
whose name figured as secretary of the COM
pany. The pair presented themselves at Col.
Hubbard's office, No. 125 Dearborn street.
ibid you see the Times this morning?'
| blandly asked the reverend visitor.
eyes," responded the colonel inquiringy.
'What do you know about Garfield and his
oil speculation"
Nothing worth knowing, and wish I could
forget what / do know about it.
"How came Garfield to be interested in the
| formation of this company, doyou know
| s'It was chiefly through Garfield that the
company came to be formed. He was intro
duced tome by Gen. Eldridge, who is his old
| college chum l understand, and if remember
correctly Eldridge introduced him to his
| friends and aided in working up the scheme.
| After the company was formed was employed
to place the stock and it was nearly all sold by
me-"
''What did you receive for the stock in alp
'About ,OG0, if my memory serves me
| right
| The gentleman next
SOLICITED FOR FACTS.
was one who professed to know everything. but
| o. o xynuld saw unkhiup r1nInsa hie mama roc