The Early And Later History of Petroleum With Authentic Facts in Regard to Its

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He secured a partner with about the same amount of means, and with him proceeded to New York this just after the great panic of that year, 1857, and purchased a large stock of groceries UPON CREDIT. We may add here, that it was the letters of introduction MR. NEYHART presented, and not his finan- cial ability that enabled him to obtain all the goods "on time/ 7 that he desired. This business engagement was maintained for about one year. It proved to be a sure, but by far, too slow a mode of mak...ing money to Mr. NEYHART, who had at this early 448 HISTORY OP PETROLEUM.
day imbibed and cultivated a speculative turn, in business affairs, and could hardly endure the retail trade of a " corner grocery store " for the gratification of his ambition. It was not the desire to become rich, that prompted him to give up this mercantile en- terprise, but rather in the hope, that some more important business engagement, with larger transactions, and more of them, would be presented to him. This retail grocery enterprise we should say here, was a considerable success to the firm, but in the sale and transfer to his partner, Mr.


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