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The Great Gold Swindle of Lubec, Maine
Contributor(s): Bangs, Carrie C. (Author), Pesha, Ronald (Editor)
ISBN: 1540221474     ISBN-13: 9781540221476
Publisher: History Press Library Editions
OUR PRICE:   $28.79  
Product Type: Hardcover - Other Formats
Published: April 2013
Qty:
Additional Information
BISAC Categories:
- History | United States - State & Local - New England (ct, Ma, Me, Nh, Ri, Vt)
- True Crime
Dewey: 364.163
Physical Information: 0.5" H x 6" W x 9" (0.99 lbs) 210 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.