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The Great Gold Swindle of Lubec, Maine

The Great Gold Swindle of Lubec, Maine

Hardback (16 Apr 2013)

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Publisher's Synopsis

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 actually 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. Hundreds of laborers accelerated factory expansion until July 1897, when Jernegan and Fisher fled. Although residents of Lubec attempted civil and criminal action, both men relocated, and fantasies of gold wealth flowed away. Relive the excitement, disappointment and anger of turn-of-the-century Mainers in this collection of accounts about the Lubec gold hoax.

Book information

ISBN: 9781540221476
Publisher: Arcadia Publishing (SC)
Imprint: History Press Library Editions
Pub date:
DEWEY: 364.163092
Language: English
Number of pages: 210
Weight: 449g
Height: 229mm
Width: 152mm
Spine width: 13mm