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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
What do the Trojan Horse, Piltdown Man, Keely Motor Company, and Ponzi Scheme have in common? They were all famous hoaxes, carefully designed and bolstered with false evidence. The con artists in this book pursued a variety of ambitions—making money, winning wars, mocking authority, finding fame, trading an ordinary life for a glamorous one—but they all chose the lowest, fastest road to get there. Every hoax is a curtain, and behind it is a deceiver operating levers and smoke machines to make us see what is not there and miss what is. As P.T. Barnum knew, you can short-circuit critical thinking in any century by telling people what they want to hear. Most scams operate on a personal scale, but some have shaped the balance of world power, inspired explorers to sail uncharted seas, derailed scientific progress, or caused terrible massacres. A HISTORY OF AMBITION IN 50 HOAXES guides us through a rogue’s gallery of hustlers, liars, swindlers, imposters, scammers, pretenders, and cheats. In Gale Eaton’s wide-ranging synthesis, the history of deception is a colorful tour, with surprising insights behind every curtain. Fountas & Pinnell Level Z+
Robert Philps, later a Minister for Mines and a Queensland Premier, called it "the biggest ever mining swindle in the Colonies". He for one certainly knew, because Robert Ross himself sold Philps a swag of the Company shares in early 1888. This is the true story of multiple gold frauds by Robert Ross near Yeppoon Queensland, and a dubious Sydney Company involving many leading identities now well known in our history. Some made fortunes almost overnight and some ended up mortally wounded. The Supreme Court sessions featured most of the leading 'silks' in the Colony and even our later first Prime Minister Edmund Barton and all the sworn evidence and verdicts were meticulously recorded and then first sealed under Statute for 30 years.