Older lanterns burned animal oil, for several reasons. The important reason for us collectors is the older glass can not take the heat of kerosene fire. The demand for animal oil increased a great deal during the First World War, and the government asked the lantern makers to figure how to make their lanterns burn kerosene, which was becoming more plentiful by the day. Corning Glass developed the first globes that could withstand kerosene, but it needed a smaller frame. This drove the development of the "short globe" lanterns.
So aside from the smell, kerosene might also break the globe. Unless the word KERO is cast into the globe do not burn kerosene in it.