Great Frauds In History: Prescott Jernegan's Gold Hoax: Gold Hoax Case In Lubec Maine

Author:   Parker Wolanski
Publisher:   Independently Published
ISBN:  

9798524951823


Pages:   164
Publication Date:   22 June 2021
Format:   Paperback
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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Great Frauds In History: Prescott Jernegan's Gold Hoax: Gold Hoax Case In Lubec Maine


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Overview

The discovery of gold in seawater in 1872, created a kind of gold rush - or gold slosh, perhaps. The ocean is a goldmine, the newspapers crowed. Even with an estimated gold content of less than 1 grain per tonne of water that meant a lot of precious metal just there for the taking. Prescott Jernegan's Electrolytic Marine Salts Company promised gold from the sea, and the town of Lubec, Maine, boomed as the company's gold-accumulating machines got to work, apparently very successfully. You can probably imagine what happened next. In 1897, a stranger named Reverend Prescott Jernegan arrived in Lubec and made a bold claim: he could extract gold from seawater. To do so, he used so-called accumulators of electrically charged rods in iron pots. Fooling many, he hid the gold beneath a wharf in the Bay of Fundy during the night. He and his accomplice, Charles Fisher, preached with fervent enthusiasm as they built their factory and encouraged inspections, which reversed doubters to greedy high-stakes investors

Full Product Details

Author:   Parker Wolanski
Publisher:   Independently Published
Imprint:   Independently Published
Dimensions:   Width: 15.20cm , Height: 1.00cm , Length: 22.90cm
Weight:   0.249kg
ISBN:  

9798524951823


Pages:   164
Publication Date:   22 June 2021
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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