One Thousand Ways to Make Money by Page Fox

_Electrical World_, “is the coming fuel.” It is believed by many that the excitement over the discovery of oil fields in Pennsylvania in 1865 will be repeated on a much larger scale in oil regions yet to be discovered in the far West. At present, the mountains of Wyoming appear to be the most promising field. To sink an oil well costs $500 on the average. On Oil Creek, Pennsylvania, a few wells have been struck which yielded 3,000 barrels a day. One of the quickest ways to accumulate a fortune is to prospect for oil, and when a rich vein is struck to buy as much land as you can. A young man named Johnny Steel once owned nearly all the land where the Pennsylvania oil wells were discovered. His income was over $1,000,000 a year, $30,000 a day, or about $2 a minute. But, verifying the adage that “a fool and his money are soon parted,” he not only spent all this enormous income, but also squandered the entire principal, and came at last to work as the driver of an oil wagon on the very oil farm he had once owned.