The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1901-08-20
VALUE OF TEXAN OIL.
FIELDS.
Standard Said To Have Purchas.
ed Large Tracts Near
Beaumont.

Beaumont, Tex. Among men OF
long experience in the oil producing
industry there remains no doubt
whatever that the Standard Oil
Company has already invested more
heavily in the develope ment of the
Texas petroleum fields than any other
corporation. BY Texas law the
Standard Oil Company is forbidden
TO do business in this State. 1t is
hardly more than Il year ago that
Governor Savers Of Texas endeavor.
ed To induce Governor Roosevelt of
New York to honor requisirion for
the arrest Of John d. Rock efeller,
the head of the Standard Oil Com.
pany, on charge of violating the
trust laws of the state of Texas
The tact, therefore, that the Stand.
ard Oil Company is heavily interest.
ed in the development Of the Texas
oil fields is the strongest evidence
that one can at present adduce in
proof of the Importance of the recent
oil discoveries here
The monopoly is not openly defy.
ing the laws of Texas One could
scrape the State with hayrake and
not find one man who would admit
that he had any connection with the
Standard.
The Standard Oil Company is at
the present moment drilling test wells
in a numner of places throughout
Texas. 1t is drilling on Spindle Top,
where the original Lucas well opened
the wonderful Beaumont oil field. 1t
is drilling ON the plains between
Spindle Topa@d The sea. 1t is drill
ing at Sour Lake, twenty miles north
west of Beaumont 1t is drilling
near Houston, righty-four miles west
of Beaumont. 1t is drilling at Damon
Mound, one hundred and fifty miles
west; and away down toward the
Mexican border, near Corpus Christi,
1t has million acres under lease and
drills are hard at work. It. has mil.
lions of acres under lease in all parts.
Of Texas and Louisiana.
Nor is the Standard and its subsidiary
companies the only group of inv esturs
whose action shows faith in the extent
and importance of the oil deposits Of
Texas. The newspaper dispatches OF
August ! announces that the board
of directors Of the Southern Pacific
Railway Company had decided to
use oil instead of coal for the purpose
of generating steam in its locomotives.
This change will make necessary the
expenditure Of a large sum Of money
in the way Of tanks, oil burners and
other equipments. 1t is unlikely that
it would invest a large amount of
money in oil burners, tanks and pipes
If its officers were not satisfied that
the supply Of oil was likely to be
abundant for long time to come.
Braxton county, it will be remem-
bered, grants saloon license, ana this
il causing no end of trouble. One
man secured license to run saloon
at Rosedale, whlch is near the Gil
mer and Calhoun county lines, aud
here Is what the Bruxtou Central
says Of bis troubles:
eve are told the proprie,ors Of
the saloon at Rosedale got started in
business under great difficulty. First
those having timber to sell in that
section, refused to furnish him lum-
Der, but this was overcome by an Oh
man buying lumber presumable for u
NN1iliIE u'NTNt anu IdltI turning ~
over to the saloon man. When his
crate Of windows arrived some one
punched a piece Of scautling through.
! it. demolishing the whole business.
However, il is said. the saloon man
is doing Gland Office" bushes. and
does not mind little difficulties like
these
Then after he had his saloon in OPP.
Grafton and was doing such q land
Office business, q band of 3raxton
county Carry Nations made q raid
ON &c. breaking out the windows. and
tearing COP things generally Bot
notwithstanding all this. Doe continues
TO deal out the ardent 90 who soever
will.