Democratic Sentinel, Volume 20, Number 20, Rensselaer, Jasper County, 22 May 1896 — Fortunes in Tennessee Oil. [ARTICLE]

Fortunes in Tennessee Oil.

Nearly $8,000,000 of capital has been invested in the Tennessee oil fields witkjn the last six months, and eight counties In the up-Cumberland country are awake with Industry. The great value of the oil fields was kept secret for some time by speculators, who bought up all the land obtainable. The latest news from the center of the Tennessee oil fields Is to the effect that the most sanguine expectations are being realized, and that this territory is proving to be the richest section of the State. The Standard Oil Company entered the field some time ago, and there are now forty-one companies, operating 404 oil wells. These companies have arranged for tankage and are now discussing the question of the transportation of the oil by pipe lines. Judge Albion W. Tourgee ha* undertaken a crusade against books with ■uncut leaves, which he pronounces “i senseless and snobbish fad."