Article clipped from Logansport Times

MILLIONS OF PIRATE GOLD.Ancient Mariner Holds Secret and Ail He Needs Is a Boat.Bullion, jewels and gold doubloons worth $10,000,000, taken in piracy and buried in the South Sea Islands, glitter in the tale told by G. M. Faulkner, treasurer and manager of the Corporation Security Company, at 185 Summer street. He is advertising stock for sale in a treasure-finding expedition to go and get the ancient plunder, and the South Sea Trading Company is incorporated under the laws of Massachusetts.Capt. James Brown, of 208 Calla street, Providence, is an ancient mariner of seventy years, and has known about the treasure for fifty-seven years, and although he's known all along where the treasure was, he hasn’t needed the money until lately. Now he wants to buy a boat and go dig it up.So say Mr. Faulkner and the captain.When Captain Brown was in his teens he fell in with Capt. Henry Smith, of Kingston, Jamaica, the son of a pirate and rifler of Spanish shipson the mysterious western coasts of South America. Old Smith buried his ill-gotten gains on Loco’s Island, off the coast of Ecuador, where scores have turned up the sands in vain attempts to find it. The reason they always failed was that old Smith told the boys where it was, and they had dug it up and gone over toward Australia and buried it on a lonely isle.So say Mr. Faulkner and Captain Brown.Then, in 1851, Smith and Brown drifted over to Sidney, Australia, and fell in with marvelous good news. For two British steamers had sailed out of that port loaded to the scuppers with gems and gold, and Smith and Brown got together a crew of the boldest spirits and sped forth on piracy bent. After a doughty stern chase, says Mr. Faulkner, of Boston, the rakish craft that flew the black flag overtook the treasure ships on the high seas and slew every man jack of their crews.On this important point there is Captain Brown's affidavit. They scuttled the British steamers after taking the rich cargoes aboard their own, and set sail for the secret island, where they buried the new treasure beside the ancient plunder of Smith’s father.Then Smith did a scurvy trick, if what Mr. Faulkner says is so, for he poisoned all his mates except Brown and the steward, the one to help navigate the long boat and the other to do the cooking and keep him alive. Then he scuttled the pirate ship and hied back to Australia. When sufficiently near the coast to be safe he decided to get rid of the rest. So he shot the steward and turned on Brown. But Captain Brown had the drop on him, and the body of Smith went over the side into the sea with a bullet hole tolet the waters in.So says Mr. Faulkner. Brown was now the sole possessor of the great secret, and he kept it right well. Along about 1896, however, he began to need the money. He had been smuggling J arms and ammunition to the Cuban insurgents and a cargo was confiscated.It left him penniless.Now his chance has corae. He has an option to buy the Ethelwold, one of the steamers of the United Fruit Company, for $35,000. So the company has been organized with a capital of $100,000 to raise the funds. No money has been paid in yet, but there’s $10,-000 in sight, and they are advertising for more in order to get the thing under way.—Boston Herald.t
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Logansport Times

Logansport, Indiana, US

Fri, Jul 17, 1908

Page 2

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