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Updated: June 29, 2025


Though much of the wealth which has come out of the Baku oil-fields has been carried away by foreign capitalists, yet much remains with the inhabitants, and the investment of this has promoted trade in the Caspian provinces, and multiplied the shipping.

Dzhugba is an aggregation of cottages and villas round about the estuary of a little river flowing down from the Caucasus to the Black Sea. On the north a long cliff road leads to Novorossisk a hundred miles, and southward the same road goes on to Tuapse, some fifty miles from Maikop and the English oil-fields. I arrived at the little town too late to be sure of finding lodging.

There remained but Brand Williams the foreman, Collie, and the sturdy, hard-riding Miguel, a young Spanish vaquero who was devoted to but two things in life, his splendid pinto pony, and the Moonstone Ranch. The others had been lured to the new oil-fields up north to the excitement of Goldfield, or to Mexico City, where even more excitement promised.

Belcher listened to them, laughed at them, scoffed at their schemes, and laid up carefully all that they said. Before he arrived at Corry he had acquired a tolerable knowledge of the oil-fields, and determined upon his scheme of operations. As he drew nearer the great center of excitement, he came more into contact with the masses who had gathered there, crazed with the spirit of speculation.

"As soon as Lindley paid in his check I gave him his stock certificates, and cabled the money to be used at once in the development of the oil-fields " "What! That man told me you'd `promoted' a South American rubber company once, among people of the American colony in Paris. The details he gave me sounded strangely familiar!" "You'd as well be patient, Cora.

But he had stopped midway in his packing, because he had never yet failed to make a clean sweep where there was the slightest chance for one; he hated to leave a big job before it was completely finished and Mr. Wade Trumble had refused to invest in the oil-fields of Basilicata.

Ephraim Watts, bearing a light wand in his hand and leading a detachment of workers from the oil-fields in their stained blue overalls and blouses; and, after them, came Mr. Martin and Mr. Landis at the head of an organization recognized in the "Order of Procession," printed in the "Herald," as the Business Men of Plattville.

These ventures were, in the first place, investment in the newly-developed oil-fields of Pennsylvania, which yielded a great profit, and afterwards the establishment of a steel rolling-mill, in the development of which he found his true vocation, building up the most complete system of iron and steel industries ever controlled by an individual.

The objects of this expedition were to secure the oil-fields of Persia in which Britain was largely interested; to neutralize German ascendancy, which was rapidly developing in this part of the world through her interests in the Baghdad Railway; and to embarrass Turkey by attacking her at a point where facilities of manoeuvre and supply seemed to hold out a reasonable promise of success.

Some of them had places to work, while others were staying with friends for accommodation's sake. But the children while they were in the little wayside house had enjoyed it much better than the lonely spot near the oil-fields. At this time Nell was with a farmer helping his wife in her work. She was given the care of the small children.

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