Cool happenings in DTD..... (Dallas, Fort Worth: lease, hotel, oil)

[eastriver]

"Later the oil-rich of East and West Texas added to Neiman's growing reputation regionally and nationally."

Keywords "of East and West Texas"--not "of North Texas" (where there was never oil (but there was a big giant cash-generating logistics network that catalyzed commerce and effectively served a whole state)):
https://tshaonline.org/handbook/online/articles/dhn01

[tcualum]

For the last time, oil money can help build a place without oil being located there. For example, the wealthy companies and people behind the Midland/Odessa boom aren't actually there. The real money behind it is elsewhere. Have you ever been involved in the industry? Do you know how it even works?

[eastriver]

Originally Posted by tcualum

For the last time, oil money can help build a place without oil being located there. For example, the wealthy companies and people behind the Midland/Odessa boom aren't actually there. The real money behind it is elsewhere. Have you ever been involved in the industry? Do you know how it even works?

That wasn't the argument. The argument was Dallas sprang up as an oil town and its old money was oil and it's still oil:

Originally Posted by Treasurevalley92

The Reality is the leadership class in Dallas mostly comes form, now diversified Oil money.
…
The Dallas elite are the same way. They didn't build their wealth on urban industry, they did on rural mineral and oil extraction.

...which is all patently false. I've shown you with maps from the 1880s and other historical material that a thriving Dallas County grew organically based on a concentration of state and nationwide trade, commerce, and supporting industries. Old money that translated into even more non-oil (and occasional oil-related) industry and finance.

Oil money helped build New York City and San Francisco no less than Dallas. Los Angeles even produces oil from its ground.

Logistics (e.g., that web of rail in the 1870s and earlier) is a powerful economic engine for everyone in a region. It's like when they were saying a high capacity D/FW Regional Airport (also continentally centrally located) was going to have an economic impact; they turned out to be right.

Btw, the Midland/Odessa boom happened in Midland/Odessa. I think it's called the Midland Basin.

[NP78]

Originally Posted by eastriver

That wasn't the argument. The argument was Dallas sprang up as an oil town and its old money was oil and it's still oil:

...which is all patently false. I've shown you with maps from the 1880s and other historical material that a thriving Dallas County grew organically based on a concentration of state and nationwide trade, commerce, and supporting industries. Old money that translated into even more non-oil (and occasional oil-related) industry and finance.

Oil money helped build New York City and San Francisco no less than Dallas. Los Angeles even produces oil from its ground.

Logistics (e.g., that web of rail in the 1870s and earlier) is a powerful economic engine for everyone in a region. It's like when they were saying a high capacity D/FW Regional Airport (also continentally centrally located) was going to have an economic impact; they turned out to be right.

Btw, the Midland/Odessa boom happened in Midland/Odessa. I think it's called the Midland Basin.

Permian.

[eastriver]

Originally Posted by NP78

Permian.

That too.

[Treasurevalley92]

Originally Posted by eastriver

That wasn't the argument. The argument was Dallas sprang up as an oil town and its old money was oil and it's still oil:

...which is all patently false. I've shown you with maps from the 1880s and other historical material that a thriving Dallas County grew organically based on a concentration of state and nationwide trade, commerce, and supporting industries. Old money that translated into even more non-oil (and occasional oil-related) industry and finance.

Oil money helped build New York City and San Francisco no less than Dallas. Los Angeles even produces oil from its ground.

Logistics (e.g., that web of rail in the 1870s and earlier) is a powerful economic engine for everyone in a region. It's like when they were saying a high capacity D/FW Regional Airport (also continentally centrally located) was going to have an economic impact; they turned out to be right.

Btw, the Midland/Odessa boom happened in Midland/Odessa. I think it's called the Midland Basin.

Yeah. The Dallas old money is oil. The richest people to ever live in Dallas, the Hunts and Murchisons are all oil.

Yeah lots of the old oil money is diversified, but it began with oil.

NYC has been built on a lot of things oil is a part of the puzzle sure, but it was a great city long before oil was discovered. Same with SF.

[Treasurevalley92]

Originally Posted by tcualum

For the last time, oil money can help build a place without oil being located there. For example, the wealthy companies and people behind the Midland/Odessa boom aren't actually there. The real money behind it is elsewhere. Have you ever been involved in the industry? Do you know how it even works?

Ugh. Then he goes on to claim that NYC was built on oil more than Dallas.

[eastriver]

Originally Posted by Treasurevalley92

Yeah. The Dallas old money is oil. The richest people to ever live in Dallas, the Hunts and Murchisons are all oil.

Yeah lots of the old oil money is diversified, but it began with oil.

NYC has been built on a lot of things oil is a part of the puzzle sure, but it was a great city long before oil was discovered. Same with SF.

All you can come up with is H.L., and Murchison.

Originally Posted by Treasurevalley92

Yeah lots of the old oil money is diversified, but it began with oil.

No, it did not. And that's been proven to you.

Decades earlier, Sanger and Harris--as well as Neiman and Marcus--and Titche and Goettinger, were selling clothes nationwide, years before, on infrastructure that was manufactured and maintained in Dallas Co., and shipped all over the country on a vast rail network that intersected in Dallas. Before oil fields in Beaumont existed 290 miles away.

Originally Posted by Treasurevalley92

Ugh. Then he goes on to claim that NYC was built on oil more than Dallas.

"No less" is not synonymous with "more."

Getty, Rockefeller, Phillips, Mellon,...not exactly Dallas names.

[Treasurevalley92]

Originally Posted by eastriver

All you can come up with is H.L., and Murchison.

Meanwhile Sanger and Harris were selling clothes statewide, years before, on infrastructure that was manufactured and maintained in Dallas Co., and shipped all over the country on a vast rail network that intersected in Dallas. Before oil fields in Beaumont existed 290 miles away.


"No less" is not synonymous with "more."

Getty, Rockefeller, Phillips, Mellon,...not exactly Dallas names.

Yeah, but those people came to NYC because it was already "THE CITY" they didn't "Build" NY....NYC would be just as rich without them.

The list is much deeper than that. Hunt and Murchison were both supposedly the richest men in the world at different points.

Hunt had like 12+ kids because he was a bigamist....and all of them were very wealthy.

You also have the Bass family who got their money from their Uncle Sid Richarson. The Bass family rebuilt downtown Fort Worth.

And you have dozens of wealthy but less famous people in Dallas who worked for these guys or who had their own smaller ventures.

Dallas doesn't exist because of oil, but the wealthy Dallasistes overwhelmingly originally got their money from it and oil money is critical in Dallas becoming what it is today.

Sanger and Harris? Really? It wasn't a major national brand pre-1900. Heck, it was never a major national brand, it's no Sears or Macys. Heck, it never got to Foley's status who bought them out.


I'm just going to assume you are a troll at this point.

[Katana49]

This has been an amusing read.


Imagine, being a world class city just comes down to using scaffolding!