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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
actually 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. Hundreds of laborers accelerated factory expansion until
July 1897, when Jernegan and Fisher fled. Although residents of Lubec attempted
civil and criminal action, both men relocated, and fantasies of gold wealth
flowed away. Relive the excitement, disappointment and anger of
turn-of-the-century Mainers in this collection of accounts about the Lubec gold
hoax.
