The stuff at the Vermont Country Store is NOT real oil cloth as they say in their description of the product very cleverly:
"Back in the day, oilcloth used to be made by coating heavier weight cotton with linseed oil, which slowly cracked and peeled with age. This method became obsolete with the advent of noncracking plastics. Sadly, what replaced oilcloth was flimsy plastic cloth. Borrowing a page from yesteryear, our heavy-duty oilcloth is still made with real fabric, so it has the weight and drape of real cloth, yet is guaranteed to last. The oilcloth’s laminated vinyl finish wipes clean and will never crack or peel. Cotton/PVC or polyester/PVC. Imported.
Oilcloth tablecloths are durable fabric with an easy wipe-clean finish
Oilcloth won't crack, peel, or stain
Heavy duty oilcloth tablecloths available in 5 sizes
100% Guaranteed. Forever.
Protect your table from spills and splatters for years to come with our wipe-clean oilcloth tablecloths. They’re designed never to crack o peel."
However it may be as good a substitute as you can get nowdays.
Take a look at their Aluminum Glasses that we all remember from the 50's and 60's for our Kool Aide. These will take you back for sure.