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Updated: June 22, 2025


Third, they now had every requisite of a powerful, enterprising and highly successful corporation, except the small trifles of money, land and oil. But what are these, to such geniuses as Rolleum and Digwell? Singular if having invented and set the trap, they could not catch the birds! They bought about three pints of oil, for one dollar; and that settled one part of the question.

In a few days of sharp running and talking, Rolleum and Digwell accomplished this, as follows: First, they hired and furnished handsomely, paying cash whenever they couldn't help it, a couple of pleasant first floor rooms close to Wall Street. No dingy desk-room up in some dark corner or attic, for them. Respectability is the thing for Rolleum.

Last of all land and money. Subscriptions to capital stock are to furnish money, money will buy land. And saying we've got land will procure subscriptions. "It's not much of a lie, after all," said Rolleum, confidentially, to brother Digwell. "When we've said we've got it for awhile, we shall get it. It's not a lie at all. It's only discounting the truth at sixty days!"

Him the plausible Rolleum told all about the new Company; what a respectable board of trustees there was going to be and he showed the names; all either experienced and substantial men of the oil country, or reputable business men of New York City.

I shall here tell exactly how those well known and enterprising financiers, Messrs. Peter Rolleum and Diddle Digwell proceeded in organizing the New-York and Rangoon Petroleum Company, of which all my readers have seen the advertisements everywhere, and of which the former is the Vice President and managing officer, and the latter Secretary.

Here are the lands we can buy," and he showed his lists. The bribe, and the names of those already bribed, influenced them, and this secured three more trustees. Two more were needed, namely the President and Vice President. Rolleum himself was to be the latter; his next move was to secure the former. This, the most critical part of the scheme, was cunningly delayed until this time.

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