The sun., 1897-12-12
BOSToN'S SURE TO BE RICH.
IRIS BACKING JERNIGAN TO TAKE
GOLD FROM THE SEA.
Eirty Thonannd Doiinra Practically snbscrised'
Just ms Evidence OF coed Faith-RVery
Dollar 20 ne Given Back by tho Theoi"E-
tcai Geld Makers when they Mako Ht.

FIFTY Thousnnh Doilhrn Practically subsoTthea'
Just ms Evidence OF coed Fnith-Bvery
Dollar 20 ne Given Back by tho Thooi"E-
icai Geld Makers when They mako IL.
BOSTON. Mass, Doc 1l.--Boston capital Is
supporting the efforts of the company organized
to got gold out Of the sea. and now what ono OF
the projectors of the scheme calls "tho most re-
markhblc enterprise ever undertaken by man v
seems certain Of plenty OF backing. The company
intends to raise altogether 100000. The first
$5o.O00, which has been virtually subscribed, Is
iatenied to serve as a financial basis. The men
who subscribed this sum will get overy cent OF
their money back. tho officers say, md also
reward In tho shape OF stock. These men havo
gone into the scheme solely on faith. II might be
said. The officers themselves admit this. They
tell every one who goes to them with money
that until the plant fs in operation they must
not be expected to return gold for gold But
some day thore will be weekly profit Of 0.0o0
And then
Notwithstanding this situation, some capital
lists Of this city have gone into tho scheme Tho
two orginators OF tho enterprise are A. B. Ryan
of Middletown. Conn.,, who is superintendent of
Baptist Sunday school in that town, and Pros
cott F. Jernigan who until last winter was
pastor of Baptist church in Deland, Fla.
The chief agent of the company ut Boston is the
Rov. &. +. Tullar OF Merosc pastor OF one of the
prominent churches Of that town. Such n COM
bination OF religious leaders in an attempt Of
this sort is extraordinary. Naturally 1t has had
lmin,rv crror,s NJ tho con,n.,r M Jorn,.on
WHO ia tb, y,c.. .prosidont ~ Tho comn,nv 20 n
graduate Of Newtnn Thco,ooicol Seminary. ono
NJ tho loading nap,is, coIIoaos ~ tho countrr
While Mr.. Ryan and MIR. Tullar have been
gathering subscriptions In Boston, Mr.. Jcrnigan,
who invente cd the method Of getting gold from
n .no oea' 20 psilo."k .ns appur"I"s eoM" VII tho
shores OF Passamaquoddy Bay-about as far
down Maine rs a person can CO. Not sub
.sn one eAeep'ioh,ras mas oeen ie. INTO
The secret OF the invention. That exception Is
~. -. 49,, ..' "o 80. ~. "",o sl," No''ns
.s
s Som soS TO e M bns
done. Mr.. Wiswall must have been convinced.
for now he is the manager Of the concern Tho
treasurer OF this company. which has n long de-
scriptive name, is W. r. Usher, shoe manufac.
| Turnar of p Prtland.
-, The . company was orsani1ed in Portland, so
ti'o oinuo hefe is merely caneu an agency II is
really the main Office but Mr.. Ryan combines
Tho ,,ri,or ,hat - 10 no,Io, tho pos,on oe,.a
'h' "it''f .n"' he eaiieu 'ho pos.oh oihcc 'he
would be taxed here. 1t was in the Office Of tho
| comn,nv in tho Tromont briIdino ,h,t pro.;.
dent Ryan told the following story:
This scheme of ours" said he has been ex-
plotted in some very funny and very malicious
forms. am complaining neither against those
who ridicule the invention nor against those
"ho cAus9eratc its uisco'erS' Out the reai STORY,
1t seems to me. is interesting enough without all
I'm July. 1895, Mr.. Jernigan. who was then
| pastor of the Baptist church at DeIand Fla
va Vas Spending bis ynsatiqn at Cottage City Mar:
! phoid fever. and. while conyalescinR. got his
| brother to read to him ali the lIerature in town
During one OF these readings the brother hit
sea. The fact that there was also silver in n the the
sea didn't arrest his attention especially at that
time, but he often thinks of X now. We'll.
Mr.. Jernisan, the Clergyman. thought a
when when he "' returned to en Florida that anr am.
tumn he began to make experiments. Pre-.
yious to his return South he had told me of the
then, because, looking up the story in one of the
cyclopedias, found that almost everything
knowledge. could not soc why he took 90
OF science. YOU will find that there is four cents
worth Of gold in every ton OF water in the sea.
| And. mind you, there is silver besides
We'll, sir, was astonished last fall to re-
ceive from Mr.. JerniRan tidings that his expert
| ments had been successful. Truly aston!shcd
| ! assure you. And ! was equally astonished
some months later to see Mr.. Jerniean. He had
given up his pastorsnte resigned from the min
told me everything. and We set to work on a
much larger scale than he had been trying
II have u summer home down at Mantle, or
the Sound. and during the winter Mr.. JernRau
and | pursued our experiments constantly
There were many sensational stories written
about the two mysterious men who patrolled
the Sound in boat Mt night and many were the
conjectures regarding our identity. Some said
that we were inclined to be pirates and that we
came from New York; others asserted that we
were secret service officials However, we lei
them all talk and write. Wo went our way and
got gold. Yes We got gold Mr. Jernignn re
mained in the vicinity OF Mantle most OF the
time, while came as far east as Providence
Bay. Here is some of tho gold we gathered ouI
or the Sound"
Mr. Ryan took out from drawer a couple Of
case holding about score OF small. thin bottles
In some OF the bottles were Jumps of metal thai
looked as though they might have come straight
from the Klondike; in others was gold dust, re-
sc,nbling sand. 1t was so coarse. In "A little bo,
was some gold leaf that Mr. Ryan said had beer
beaten from few nuggets One OF the nugget.