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The Secrets of the Great City by Edward Winslow Martin
page 132 of 524 (25%)

One day a rumor circulated throughout Pennsylvania that, by boring into
the earth to a moderate depth, in some parts of the State, oil was
found to spring forth. Startling as this rumor was, many persons were
forced to believe it, when they saw, with their own eyes, a black
liquid, giving a bright light, issuing from certain holes bored for
experiment. After this, all persons began experimenting on their own
property. The Irish widow imitated her neighbors, and with the help of
her adopted son, bored a hole in her garden. After a few day's work,
they struck oil--a flowing well rewarded their enterprise!

Meanwhile speculators, wild with the excitement of this discovery,
besieged Pennsylvania, and that State soon swarmed with them. The
desire to possess a portion of those marvellous lands took possession
of every mind. Throughout the States every one was affected with the
new disease, denominated 'oil on the brain;' and soon the value of the
oleaginous districts went up to wonderful figures. In many instances,
as much as fifty thousand dollars were paid for an acre of land. And,
availing herself of the general infatuation, the Irish widow sold her
farm, for two millions of dollars, to a Boston company, which thought
it was very cheap to give not quite seven thousand dollars per acre for
petroleum land. The three hundred acres of the widow's farm had cost
three hundred dollars a few years before, that is to say, one dollar an
acre! Besides the two millions of dollars, the Irish widow had
stipulated that one half of the flowing well in her garden should
belong to her. That well yielded from five to six hundred barrels of
oil per day. You may be sure the old lady doted on it. She visited it a
hundred times a day, always surveying it with amazement, and
ascertaining whether it was as productive as ever. Even at night she
left her bed to go and view the marvellous spring. During one of these
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