The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-17

tain the secret or the process by force.
The officers Of the company, I have
been told, are these: Mr., Ryan, OF Mid
dletown, Conn ecticut, president; and
the directors are the Rev. Mr.. Jernegan
and Mr.. Tullar, Of Melrose. Massachu-
sets, and Mes.ir RS Usher and Russell.
of Newburyport, Mr.. WlswaIl, OF
Boston. Is said to be the active mana
ger OF the enterprise.
Mr.. Ryan, who returned from Maine
recently and who sets out for that
state tomorrow again, said to me to-
day: THE secret Is ours, and we pro-
pose to guard It. We have purchased
two tide mills on the coast of Maine.
where the tide rises and falls twenty
feet. ana have so far put in q series OF
twenty identical selt-operatlna ma
chimes Through watch all the water as
the tide GIBBS, must pass from the
dan.
"As a result the Gold and silver are
left at the bottom OF each machine, In
all we shall have one hundred and If
~ machines. The output now is 800 a
day, and the cost OF obtaining the same
is very slight The profit IS immense.
BY spring we shall be getting ST. 900 a
day.
80 far n hundred and fifty tests
have been made In the Trish-G German
Ocean, English Channel, Long Island
Sound. near Providence; in the South
Pacific Ocean, and where Il plant is
now Everywhere the tests have re-
veAled from one-half to n grain of
gold and from one to two grains Of sill
yer per ton of sea water.
That the sea contained these miner
rla hAa $40 LAn- -. kL
wanted was a way to get them. This
Mr., Jernegan has n tisfactorily solved.
The scheme Is a success, Each tide will
bring new wealth, and the supply is In
exhaustible.
uNHEARD OF WEALTH IN THE
SEA,
"rhe lowest estimate Is that there Is
seyenty-fve billion toms OF gold in the
ocean. or forty-elght trlllon dollars
worth of gold. In a cubic mile OF sea
water there Is nearly one hundred mill
lon dollars in gold. In Long Island
Sound there Is enough to pay off the ma
tlonal debt and leave a larger gold re-
serve than this country has ever
known. The waters that sweep In and
out Of New York bay daily contain gold
enough to buy all the ships and mer-
ehaRdise borne on their surface.
Each one OF our 0ne hundred and
fifty machines uses water independent
" OF all the rest and SO easily man
aged are they that three men only Will
be required to operate them. So simple
Is the secret that were we to reveal II
every man could get up q gold factory
on the seashore,
ITO guard our secret W. shall employ
armed watchmen day and night. The
people have been very curious regard
ing our experiments. which have been
carried on in a sloop, and we have seen
story after story about the mysterious
sloop seen here and there in the sound,
or off the New England shore. For
more than n year these experiments
have been carried on, and now the
method Is perfect.
IA grain of gold is worth forty-three
cents. and the cost of getting II is very
small, so that a fortune of untold
| amount awaits us. This is no vision,
for Others have seen the results besides
us. With n crude machine we secured
Sl,100 in one mouth. So far we have
expended $4,000 In perfectIng the In
vention. and now get 500 a day, and by
spring we will exceed our highest pro-
phecy yet. New mills Will be built
from time to time. and no n can
compute what this company will be able
to get out of old ocean"
REFUSED A MILLION FOR HIS
SHARE.
Mr.. Ryan is so confident OF his plan
being a success that he says he has re-
fused a million dollars for his share OF
the stock.
It appears that the clergyman. after
he received what he terms revelation In
| a heavenly vision in regard to the float
ing billions OF gold in the sea, made an
experiment on the coast OF Florida
| which satisfied him that the secret
meant riches beyond estimate. Then
he sought aid in the shape of business
| ability md capital. These he found
combined In the person of Mr.. Ryan,
who Is a teweller of excellent reputa-
ton here and who was formerly an al
derman.
When the Rev. Mr.. Jernegan was pas
tor of the Baptist church here. Mr..
RYAN was one of his deacons and was
known as a liberal contributor TO the
| church funds. He heard the preachers
story with Intense interest, and after
seeing a test, promptly made an auree-
ment with the pastor to share his Toll
and gold, and advanced the money nee
essary for beginning operations at
once.
The first tide mill. as far as I can
learn, was set In motion about October
I, and since then the tlreless sea. har-
messed by these highly favored gentle
men. has been toillng for them like a
bond servant delivered into their hands
| and made to work day md night. At
last persons fond OF quotation will have
to renlge on that story that "The mill
will never grind with the water that Is
| past" for that was written of the plain
old grlst mill. Now the churninE tides,
according to Mr.. Ryan's story, obb and
come back again, gold laden, 10 yield
new spoil. So YOU see. the shadows OF
Ryan and OF Jeruegan fail In a single
dag across that Of the founder Of Daw-
son City and obllterate It.
"Very simple" says Mr.. Ryan. ut
has long been known that sea water Is
]lmpregnnted with gold. We know how
To gepnrate the gold so rapidly that the
mind can scarcely conceive the wealth
at our command. That's all there Is
about It. Every one will believe 1t by
New Years"
And there you are. or course there Is
a company and all that, and Of the OBJ
iects Of such q company all men, says
MIddletown on hearing Of II, II VIII
fudge according t. the light that Ia In
them-which. In Connecticut, 1t II gem
orally conceived. ls enough to guide the
average man past pitfalls OF the nature
OF the South Sea Bubble. 49,.