The Brownsville Daily Herald

While values are soaring in the stock exchanges of the East and the grain pit of Chicago on more or less inflated ideas of the enduring quality of the prosperity epoch things have taken on a halcyon and vociferous hue in the newly discovered oil fields of Texas. Stories of fortunes made in a twinkling are coming up from the Southland, where gushers are declared to be gushing and companies forming with capital ranging from $50,000 to $5,000,000. Investors are offered the most alluring rewards for their aid in developing this unexpected source of wealth.

Senator Bailey has added his testimony to the general proclamation of good times coming in the great Southwest by declaring the Texas oil supply to be practically inexhaustible and predicting that the recent discoveries will do for the commonwealth what coal has done for Pennsylvania, Ohio and Illinois. But what the country is awaiting with breathless impatience is an announcement from Senator Hanna, who is booming the stock boom, that his new and gracious gift of nature is merely another exemplification of the boundless boons vouchsafed to all the people by the re-election of McKinley, just as he did the other day when explaining the rising markets that have electrified Wall Street and the West.