The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1920-09-23
GET RICH QUICK
is OLDEST BAIT

SO, TOO, in the latter part of the
last century when the KlOndike be-
came a word of magic. Just as in the
days of 40, there was a wild rush for
gold, the prospectors being, in the
main, men who were doomed to full
ure, although hundreds of them won
from the frozen rocks and river beds
the fortunes upon which not a few
American families base their ability
to purchase a new seven passenger
car every year.
One Of the oldest and the most per-
sistently attractive lures of golden
afIluence that awaits the fortunate is
the mythical buried treasure Of Capt.
Kidd, the pirate, familiar to every
schoOlboy and to the schoolboys Of
Boston in particular.
For the two centuries or more that
have elapsed since Kidd swung at the
gibbet in Execution Dock, England,
expeditions have been continuously
gotten up with the purpose Of finding
his buried booty All that has been
recovered to date has been about
$4,000, most Of which was found at
one end Of Gardners island. The nu-
merOus search parties, according to
some estimates, have spent a total Of
about 100000 in the effort.
To Pay 90 Per Cent Year.
Along with the popular quests for
gold In the raw" or in hidden caches,
there have also been scores Of clever
schemes for enriching people through
marvellous new discoveries and
through manipulation. Massachusetts
has had its full share of such ven
lures in the last half century, and
Boston has been the center Of the ac-
tivities of not few.
More than forty years ago, for in
stance, there was the notorious
Ladies' Deposit" conducted by Mrs.
Sarah Il. Howe at East Brookline
street. Mrs Howe had a sensational
career In giving people something for
nothing"
The Ladies' Deposit" was an insti-
tuition based upon her statement that
she was the agent Of legacy amount
ing to more than 81, 100000, which was
left by a Quaker who wanted TO be a
benefactor of "wldows and single
women only"
With this money she was supposed
10 establish foundation In Boston
which paid such women, whose in
comes were inadequate TO permit them
TO live In comfort, 90 per cent year
on deposits made at the Ladies De
posit." Mrs. Howe was no parsm0ni-
Gus person She paid interest three
months I'm advance.
Three Years In Jail.
Mrs. Howe is described as being
"short, fat, ugly looking and indie
scrlbaby vulgar" She couldn't write
grammatically and this was one Of the
causes Of her downfall in Boston, for
her lack Of culture aroused the sus.
plcion Of the authorities at last and
they began an Investigation which
landed her in jail.
that Mrs. Howc's "Quaker' was q day
dream and despite the fact that during
the last days Of Ladies' Deposit
when the run started. she paid on
between $4,000 ana 100000 in one
day, the Investigators found that hol
insolvency amounted to 100000, witt
the "bank" and some cheap furniture
profusely covered with gilt as assets
Mrs. Howe insisted to the last thai
she was merely a salaried agent, re-
ceivlng S120 year for her work from
the Quaker organization" but tina
did not keep her from serving three
years In Jail. Boston was IN an up
ronr during the whole proceeding 0nt
hundreds OF fascinated hopeful,
thronged the institution during thC
week before the crash.
/ Received Secret in Vision.
Then there was the masterpiece o.
all strokes OF the Imagination, IN,
I Rev. p. +. Jernegans scheme for get
, ting gold out OF sen water As a "ge
rich quick" scheme this Is yet unsur
passed--both from the romantic aspec
I of the undertaking and IN the shee
/, audncity with which it was worked
= out.
! Mr., Jernegan was former Baptls
minister, graduate of Brown uni