Daily press. [volume] (Newport News, Va.) 1896-current, 1898-09-04
40 'SAL|ED' TH[ ATLANTIC
How the king Of the Golden
Ocean" Dup..d Rich and
Poor Alike.
RICHES FROM THE SEA.
come to Him In iced, But Not tc
tie Many Too Coniiding
Stockholders.

rhe Oceans Waters contain Eighty Cents
Worth Of Gold to I: q Ton ,,,,.l the Rev
er.nd Jern~sun rrrtcndc,: l." Have In
vented II M.lns OF Collect Ing 1t and So
Acquiring Untold Wcal,h-A,ter ~ " iii.
lie I""k 81 Trip /" iari-.
There appeared less than year ago
In certain seacoaSt towns Of New Eng
and Il strange man Of h;.nble delne:n-
II who called himself Jernegan. He
''ls a minister but without a pulpit.
'Ed from odd jobs Of preaching lie de-
iN"d sufficient means To supply his
Hrtcsi needs. Yet Poverty bore harsh
tpon him. and l.: bis idle moments
nc dreamed weird dreams Of wealth
md luxury
The sea spread before him. lie knew
nat IN its restless wa.e:s there was
lcid in solution enough gold to place a
'l!ded MASK upon II q face nf The earth
IN his chemistry III had learned that
there was so cents worth Of The prec-
Gus metal in every ton Of the sea.
One day the unc'uo,ls Jerneean ex-
planned in strict COZ iiderre to Il frw ui
his n"lShbGrs tina, lie had discovered a
process FOR extracting the gold from
;ea water. His story was rid,,,led.
Not long afterwar6 Ec constructed a
&onirlVance IN accordance With the
theories he had so miu,cly described
md Sc; it i'll a tidcw;ly. where the water
would pass through il freely on the rbh
md flow. Three days later. in the
presence Of his skept!cal friends, he
opened the mill, ant! 10. there in the
nEer vessels Was !. thick crusting OF
virgin geld. The reighhors marvelled
olIi wer" not convi!,.eti. and so the px
pertinent was .cpc: ted over and over
again at Intervals II a week always,
81 course. with the :ofouEdcst secrecy
The dpuhters d 'bteu no longer.
They had seer til empty tide mill
placed in The water, had guarded il dav
anu night against ;rcI.cly and then
had seen il opened and there was ~
ways gold In it. i he sea had been
conquered. But the King Of the Golden
Ocean alone knew the secret Of it. lie
would not give up MS priceless secret
hn; be would. though apparently with
reluctance. sell few blocks of stock
and thus take his friends in on the
ground floor.
Then the boom began. Ruvers of the
shares fell over ore another in their
sdEcfa''s& to invest. Bankers. clam
hiesers. merchants, ministers, dress
makers. day ltborcrs and uncmplnyed
milllnnaircs rushed forward with :hai1.
money to purchase stock And king
!erEesan accommodated them an
More than sl.oo0,ooU was paid into the
concern. and with part Of this money
Plant No. /" Of the Ercat scheme fo,
iuleezin. he liquid gold out Of iii.
captive sea was built on the coast al
Maine Other mills were to be con.
5tiGcird 4, Hariors points on HE sell
board all over the world.
Meanwhile plan: No L. performed
Wonders. On The FIRST Of every month
The inner boxes we!e opened ana FOUND
TO contain metallic deposits which at
The Government assay Offices Yielded
IN even $1,000 Of pure gold.
\ few weeks ago a strange thing
happened. says The New York Mail and
Express. Tie chief chemist of me
company, whose duty ii was Ia make
analyses Of The Atlantic Ocean to see
whether some spots OF it were richer
N gold than Others. disappeared very
mysteiiously. shortly thereafter King
JerncSan himsel! vanished. going, as
has since been learned, to Paris ;tc
rompanle! ny an enormous amount Of
money derived frnn his sairs Of stock
IN the ocean mining scheme. Al first
r,l NJ n;
alarm the other nt4mhers OF the com
pany The latter said to themselves
that PLANT No. T. was still in opcra
ton. that the ocean with its liuuid
opulcnce still rolled at their feet and
tina! the business would 20 right on as
usual regardless Of The abscntees. But
alas Tor human crednlily! For VIXEN
The treasure boxes Of PLANT 10. /"
were opened they were found to contain
nothing but Il small quantity of sea-
weed and an asserted odor OF the deep
salt sea.
Nnhody has any clear idea of what II
Is that has caused the sea to cease its
tlnnthly contribution Of 1000 to the
shareholders of the company Some are
SO unchartatle as 10 suspect the absent
Jernegan or having sailed the At
lantic after the manner employed by
spectators in bog"s Soa mines on
land. Others openly charge that he is
pi0uS fraud and Swindicr. While there
are stu others who intimate that he
is nc king 1T al! hut base pretender
and 10 gentleman. Nevertheless he is
the King of the Golden Ocean, who
directly or Indirectly. has made snug
fortune from the waters OF the sea. and
| 10 those who chide him for his crafty
enterprise he may pertinenily retort
'la' there is still! plenty Of ,od IN he
rolling deep for those who know how
TO get it out.
Trus;" with Hawaii.
~ ~,