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Continental Monthly, Vol. 5, Issue 2, February, 1864 by Various
page 135 of 267 (50%)
theory of Columbus in regard to a new continent, entirely too bold for
the times, and was rejected. There was in this physician's theory but
one link lacking in order to have anticipated the entire scheme of oil
production as it was afterward generally carried on. The thought did not
occur to him of leasing the lands along Oil Creek, and thus securing an
interest in the entire territory: he thought only of purchasing, and as
he could not command the capital for this purpose, the scheme was lost,
as far as he was concerned. The idea was however a brilliant one, and
entitled its originator to be classed among the long line of those who
have dreamed without realizing the vision, and who have sown precious
seed without being permitted to reap the harvest.

In the mean time, artificial oil had begun to be produced in large
quantities from different minerals, principally, however, from cannel
coal, by the process of destructive distillation. This oil was refined
and deodorized, and found to be a valuable illuminator. A spirit of
inquiry and investigation was excited. It was ascertained that this
artificial oil, the product of distillation, was almost identical in its
properties with the natural oil of the valleys--that the latter might be
purified and deodorized, and if found in sufficient quantities, prove a
source of wealth to the country. The enterprise of bygone ages in the
excavation of oil pits was considered by many, but the process seemed
tedious, and, in addition, the finest portions of the oil were in danger
of passing off by evaporation.

The grand idea, however, was struggling toward the light. If the oil,
now so greatly desired, bubbled up through concealed clefts in the
rocks, why might it not be discovered in large quantities by boring in
supposed localities deep into the rock that was conjectured to be its
home? And if found in some localities while boring for salt water, why
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