St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1901-07-20
A New Oil Field OH the
= Tangipahoa River.

The New Orleans Picayune Of
June % gave the following inter-
esting statement of some proposed
enterprises to be inaugurated in the
southeastern portion of 'rangipanoa
and st. Tammany parishes.
William E. Wren, of .aporte,
Tex, who some days ago predicted
the discovery OF an OIL field in
Louisiana within forty miles Of
New Orleans which will eclipse the
Texas oil field in Importance, is
again in the city, after having taken
his proposed trip to Texas and q
return visit to the Louisiana field
which he is about to develop. Mr..
Wren is associated with the COM
pany of capitalists which is improv-
ing Laporte Larbor, in Texas. and
building a city there to take the
place that Galveston once held in
the commercial world. He IL gem
eral manager of the company, and
MIR. Posey, the attorney of this city,
is the legal representative Of the
capitalists who are backing the en-
terprise. These capitalists are for
the most part in New York, but
they have other large interests in
the south aside from their immence
enterprise at Labporte.
Mr.. Wren was found at the
Grunewald late last evening. AT
ter two or three days Of very hard
work, he said that lie was too tired
to talk.
"You promised to tel! the Picay-
une about the new oil field that the
Standard is trying to gobble up,
near New Orleans,' said the re-
porter.
''Oh, as to that, tue Standard got
left We got all that, except 80
acres, that was somehow overlook
ed; they picked that up"
"Where is it?"
ooh, that's too leading ques-
tion.''
"How about the Oil wells that
your partner was about to put
down there?''
"Did I say that?''
'Yes. You said tina: Elliott, your
partner, wac to put down q large
number of wells and had the ma
chinery ready"
"Well, l admit it. We are
now about to build f,nr derricks.
The contracts are l>t, aud tile
wells will be going down in four
places within few DAYS. l nave
just come from there and have
thoroughly examined the field. l
think it excellent. Sulphur IS a
certainty and oil almost So
''Is it the Hammond tield.'.
''No. | haye just looked over lie
Hammond field and think the pros-
poets fair there, but nothing to
compare with that which, we have
just bought. As for that. | cannot
see that there is anything in our
deal to interest the public. We
have used our own money. We
don't want any help. We have no
stock to sell, and the public has no
interest in us and our schemes.
lyon said you had another big
scheme on hand in which New Or
leans was interested p tilnidly
ventuled the lobby man.
"Impossible!" exclaimed Mr..
Wren. 1.-The railroad was not
mentioned until last Saturday. /
don't think it had been thought Of
before them"
The cat was out OF the wallet,
and the reporter went to work on
the case with some interesting re.
results.
Mr.. Wren, who is a capitalist
credited with several millions him.
self, and several Of his capitalist
associates met last Saturday night at
Hammond, coming from different
directions. They were met. there
ty their attorney from this city and
held some very lengthy conyersa-
tons,
1t was on the suggestion OF the
New Orleans attorney that the rail-
road project was taken up, and
over two millions Of dollars was
at once to carry out
the scheme.
Il is proposed.to build an cleo
trio railroad from New Orleans to
Coyington, crossing the country
recently acquired for oil Develop
ment. and takinr in an rnnto ~ ~,