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Oak Island Treasure: The Triumph of Hope over Reason Peter Fortune, Ph.D. There is an island in the North Atlantic where people have been looking for an incredible treasure for over 200 years. So far, they have found bits of gold chain, a stone slab with strange symbols carved into it, even a 17 th century Spanish coin. To date, six men have died trying to solve the mystery. And, according to legend, one more will have to die before the treasure can be found. -- Leader to episodes of The Curse of Oak Island, History Channel Humans tend to see patterns when, in fact, results are completely random. --Richard A. Muller, psychologist The Truth is Out There! -- Fox Mulder, character in the television series The X Files 2016

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Page 1: Oak Island Treasure - FortuneArchive Island Treasure.pdf · 2017-01-02 · Oak Island Treasure: The Triumph of Hope over Reason Peter Fortune, Ph.D. There is an island in the North

OakIslandTreasure:

TheTriumphofHopeoverReason

PeterFortune,Ph.D.

ThereisanislandintheNorthAtlanticwherepeoplehavebeenlookingforanincredibletreasureforover200years.Sofar,theyhavefoundbitsofgoldchain,astoneslabwithstrangesymbolscarvedintoit,evena17thcenturySpanishcoin.Todate,sixmenhavediedtryingtosolvethemystery.And,accordingtolegend,onemorewillhavetodiebeforethetreasurecanbefound.--LeadertoepisodesofTheCurseofOakIsland,HistoryChannelHumanstendtoseepatternswhen,infact,resultsarecompletelyrandom.--RichardA.Muller,psychologistTheTruthisOutThere!--FoxMulder,characterinthetelevisionseriesTheXFiles

2016

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ContentsIntroduction 1OakIslandOverview 7TheOakIslandTreasureHunt 11ExploringSurfaceStoneFormations 33NaturalTheoriesofOakIsland 37Appendix1:TheEconomicsofOakIsland 47Appendix2:MonetaryWeightsandMeasures 51References 53

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Introduction

Inthelate1980smywifeandIwereonadrivingtriptoNovaScotia.We

stayedattheOakIslandInn1—aresorthotelinthetownofWesternShoreon

MahoneBay,nearthetownofChester.Thehotelwasnamedforanearbyisland,a

nametowhichIpaidnoattentionuntilitdawnedonmethattheeponymousisland

wastheOakIsland.IhadrecentlyreadanarticleinSmithsonianMagazineaboutthe

OakIslandtreasurehunt.2Thatarticlewasbasedona1965Reader’sDigestarticle3

thatwasitselfacondensationofanarticleinanissueofTheRotarianinthatyear.

AndsoitgoesonOakIsland.

TheLegend

TheReader’sDigestarticlehasbeenaninspirationtogenerationsofOak

Islandtreasurehunters,aspreviousarticleswereinspirationstoearlier

generations.Allofthistracesbacktoatreasurehuntdatingfrom1795when,oral

historysays,DanielMcGinnis,aboyfromWesternShoreorChester,reportedseeing

strangelightsonnearbyOakIsland.McGinnisrowedovertoinvestigateandfound

anareawhereoaktreeshadbeencutbutonetreewasleftstanding.Fromalimbof

thattreehunganoldblockandtackle,andthegroundbelowitwasdepressedasifa

holeabouteightfeetindiameterhadbeendug,thenfilledin—somethingmusthave

beenhiddenunderground!

ThenextdayMcGinnisreturnedwithtwoyoungfriends,AnthonyVaughan

andJohnSmith,toexcavatethehole.Afterdiggingdownforonlyafewfeetthey

foundalayerofflagstones.Ataten-footdepththeyencounteredaplatformofoak

logs.Afteranothertenfeettheyfoundanothersetofoaklogs,andyetanothersetat

thethirty-footdepth.Clearlytherehadbeenaminingoperationatthesiteandthe

1NowtheinnisnamedtheAtlanticaOakIslandInnandResort.2See[A7]3See[A5]

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marksoroakplatformswereintendedtomarkdepthsand,perhaps,toprovide

stabilitytothepit’swalls.

Afterthirtyfeettheboysgaveup,realizingthatwhile“somethingwas

there”—thelitanyofOakIsland—amoreorganizedexplorationwasrequired.

Explorationwouldbeginagainin1803,andforwellover200yearstreasure

hunterswouldtrytodetermine“whatisthere.”Todateithascostsixlivesand

perhaps$25million(seeAppendix).

TheLegend’sFragility

LikethegameofTelephone,startfromsimpleobservationsandgrowinto

complexandgarbledstorieswithsubsequentretelling.EvenattheoutsetthisOak

Islandlegenderrsinseveralways.DanielMcGinnis(1758-1827)wasactually

Donald(Daniel?)McInnes,aformerBritishofficerduringtheAmericanRevolution

whoin1783,aftertheRevolution,movedfromNorthCarolinatoNovaScotia;we

willsticktotraditionandcallhim“DanielMcGinnis”untilheobjects.

In1788McGinnismovedtoOakIslandandboughtLot28.Thereafterhe

boughtLot23in1790,Lot27in1791,andLot1in1794.McGinniswaslistedasa

“farmer”inboththe1791and1794polltaxlistingsforLunenburgCounty’s“heads

ofhouseholds.”In1795—theyeartheMoneyPitwaslocated—McGinnismarrieda

localwomanfromWesternShore.HediedonOakIslandin1827atage69,hiswife

predeceasinghim,leavingawillindicatingninechildren.Hisageatdeathwould

placehimatage25whenheleftthearmyandmovedtoNovaScotia,atage30when

hecametoOakIsland,andatage37whentheMoneyPitwasfirstinvestigated.4

DuncanSmith,fatherofJohnSmith(1775-1857),isrecordedassellingOak

IslandLot24in1785whenJohnwasage10,thendyingsoonafter.John’smother

remarriedtoanOakIslandernamedNealMcMullen,butJohnSmithwaslistedon

the1794LunenburgCountypolltaxlistasafarmeronOakIsland,thereforea“head

ofhousehold.”HeisrecordedaspurchasingtheMoneyPit’sLot18in1795,theyear

4See[I1/archives/03-2016:22].

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thePitwasfound.5SmithfamilyrecordsindicatethatinlateryearsheownedLots

16-21.JohnSmithwasage20whenthepitwasfoundonhissoon-to-beOakIsland

property.

AnthonyVaughanwasalsoonthe1794taxrecordasanOakIslandfarmer.

SomegenealogicalscoutingrevealsthatOakIslandhadtwoAnthonyVaughans,a

fatherandson.LikeDanielMcGinnis,AnthonyVaughanSr.(1750-1835)wasa

Britishofficer.Hewasage31whenheboughtLot14in1781,afterwhichhebought

Lots15and16in1785.6ThefathersoldsomeofhisOakIslandpropertyin1804.7

AtthetimetheMoneyPitwaslocatedAnthonyVaughanSr.wouldhavebeen45.

AnthonyVaughanJr.(1782-1860)wasbornonOakIslandandwasage13at

thetimeoftheOakIslandpit’sdiscoveryin1795.ItseemsprobablethatAnthony

VaughanSr.wasoneofthethreewhodiscoveredtheMoneyPit.Inthatcasenoneof

thethreediscovererswere“boys.”

Furthermore,therewasnoneedforthethree“boys”torowovertoOak

Islandtoinvestigate;theyalreadylivedontheisland.

Allofthisearlyhistorydemonstratesthateventhefoundationstoryofthe

MoneyPitisquestionable.Thisraisesafundamentalquestion:ifthefoundation

legendofOakIslandisinerror,howcrediblearethedetailsofthesubsequentOak

Islandtreasurehunt?Havetheybeengarbled,asthemetaphorofTelephone

suggests,orhavetheybeenintentionallyalteredbygreed—thesaltingoftreasure

sites,thehypingofinvestmentprospects8—orshouldtheybetakenatfacevalue?

Thisdocumentacceptsthedetailspasseddownthroughhistoryas“fact”

unlessreasonsforrevisionareclear.ButthereisextremelylittleintheOakIsland

storythatisrecorded.Reader,Beware!

5See[I1/archives/02-2016:117,119].6Thesourceforthe1785datesaysthelotswerepurchasedin1765.Giventhedifficultyinreadinglegalmanuscriptsofthe18thcentury,thiswasprobably1785,whichfitswithVaughan’sbirthyear.7See[I1/archives/01-2016].8ItmightnotbeacoincidencethattwoperiodsofintensetreasurehuntactivityonOakIslandwere1849-53,whentheCaliforniagoldrushwason,and1861-66,whenaNoviaScotiagoldfeverwasunderway.Investorsduringthoseepisodesweremoreeasilyfoundthangold.

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WhatIstheOakIslandMystery?

IsOakIslandahoax,orisitanaturalphenomenonblownoutofproportion

byoveractiveimaginations,orisittheresultofamultigenerationalgameof

Telephonewithstoriesincreasinglygarbledastheyareretold,orisitaman-made

arearelatedtosomeactivityotherthantreasure,orisitacompletelynatural

phenomenonwithnohumanintervention,orisitatreasuresite,orisitallofthe

above?Ifitisatreasuresite,wasitcreatedbypirates,bymembersofsecret

societiesliketheRosicrucians,9theKnightsTemplar,10ortheFreemasons,orbythe

EnglishpolymathFrancisBacon—Shakespeare’scontemporaryand,somebelieve,

Shakespearehimself—tohidehisShakespearianmanuscripts,orbyPizzaro’smen

whentheyreturnedtoSpainwithIncantreasure,orbyFrenchRoyaliststohidethe

FrenchCrown’sjewels.OrbyCaptainKiddwhowasreportedtohavelefttwo

millionpoundsburiedonaremoteNewWorldisland?

Orisit,asIhavecometobelieve,justanexampleoftheall-too-human

triumphofhopeoverreason—atwo-centuryeffortguidedbyamateurswhowanted

tobelieveand,intheireagerness,trashedtheveryevidencethatmightgivethem

answers.LikeFoxMulder,theywantedtobelievethat“TheTruthisOutThere.”Oak

Islandmightsimplybeproofoftheadagethat“denialisnotjustariverinEgypt.”

Forme,thefascinationoftheOakIslandstoryisnotitspotentialfinancial

value,thoughatreasurehuntdidattractmyinitialinterest.Itisthatsomething

occurredatOakIslandtoleavearesidueofitemsbehind,andthatwestilldon’t

knowwhatthatsomethingwas.ItisalsothatOakIslandisataleabouttheabilityof

otherwiseintelligentpeopletofillintheblanks,makingacoherentstoryoutofwhat

isreallyasimplecollectionoflargelyundocumentedobservations—thatis,our9TheRosicrucians—the“OrderoftheRosyCross”—wereasecretsocietyformedduringthe17thcenturyEnlightenment.Theyespousedanesotericdoctrinebased,amongotherthings,onancientmysticism,includingtheJewishKaballah.SirFrancisBaconwassaidtobeamember.10TheKnightsTemplar,formallycalledtheOrderofthePoor-FellowSoldiersofChristandtheTempleofSolomon,wasanorderofwarrior-monksformedin1120afterthefirstcrusadefortheprotectionofpilgrimstoJerusalem,andtoprovidetransportationandtransit-relatedservices.ItdevelopedanextensivebankingandtransportationsystemintheLevant.Itwasviolentlysquelchedin1307anditstreasurewas,legendsays,transportedtoahidingplaceinitsships.Theorder’ssurvivorsmayhavefledtoScotland.

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abilitytodeceiveourselvesbyfindingpatternswherenostructureexists.Wewill

seethatfromapossiblebuthighlyimprobablebeginning,OakIslandhaselicitedthe

zaniestoftheoriestoexplainaholeintheground—aholewhoseoriginsthemselves

mightwellbeapocryphal.

IhavevisitedOakIslandtwicesincemyinitialvisitinthelate1980s.Thelast

visitwasin2014whenIvisitedHalifaxonaboatwithmywifeandtwogood

friends.AtthattimeIhadthepleasureofmeetingsomeoftheprincipals:Dan

Blankenship,DaveBlankenship,CharlesBarkhouse,andRickLagina(“Lageena”).

Theseareverywelcoming,interesting,andlikablefolks,saneandstraightforward,

whosimplybelievethatsomethingofmajorarcheological,historic,orfinancial

importancewasburiedontheisland.Theyaretruebelieverswhohavedevoted

muchoftheirlivesandtreasuretotheOakIslandMystery.Myheartiswiththem,

andIwishtheywouldberewardedfortheirefforts;butIbelievethattheywon’t.

Toestablishmybonafidesasaone-timehopefulamongOakIslanddevotees

Iattachacopyofaduplicateofmystockcertificateinthenow-defunctOakIsland

ExplorationCompany.Theshareswerepurchasedintheearly1990sfor$2,500.

Thecertificateisnowemployedinitshighest-valueuse—framedandsittingonmy

officewall.

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OvertheyearsIhavereadmanyoften-conflictingbooksandarticlesonOak

Island.VirtuallyallweknowaboutOakIslandistertiaryevidence—someone

repeatingwhatsomeoneelserepeatedfromwhatsomeoneelsesaidorread;both

disputesininterpretationandfactualerrorsareapartofthatterritory.Butin

preparingthisdocumentIcameacrossanextremelyusefulsource,identifiedinthe

Referencesectionas[I1].Icommenditforitsinvestigativestyle,itsdiscoveryof

newinformation,anditsimpartiality;itistheFoxNewsofOakIsland—“Fairand

Balanced.”Theblogseemswellstaffedwithtwoeditors,threeresearchers,andtwo

consultantswellknowninthatfield.

ThecitationmethodusedinthisdocumentisstandardexceptforInternet

sources,wherethereisnostandard.Abriefexplanationofthosecitationsisin

order.Supposeyouseethecitation[I1/archives/04-2016:85].Thisreferstopage85

ofwebsiteI1andsubsite=/archives/04-2016.

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OakIslandOverview

BriefHistory

Inthe16thcenturyFranceclaimedthehugeregionfromHudsonBaytothe

GulfofMexico,andfromNewfoundlandtotheRockies,as“NewFrance.”Indian

tribes,primarilytheMi’kmaq,populatedwhatwenowcallCanada’sMaritime

ProvincesuntiltheFrencharrivedin1604andclaimedtheregion,callingit

“Acadia.”AcadiawastherefugefortheHuguenots,FrenchProtestantswho

immigratedtoescapeabuseathomebyFrenchCatholics.

In1710theBritishinvadedAcadiaandastrugglebetweenFranceand

BritainforcontroloftheareacontinuedthroughtheFrenchandIndianWar(1754-

1763),endinginaBritishvictoryandthedivisionoftheMaritimeProvinces

betweenFranceandBritain.

TheearliestrecordofOakIslandsettlementisa1753grantofthreeislands

inMahoneBaytotwofishmerchants,JohnGiffordandRichardSmith.11They

establishedaprocessingstationforthefishingindustryontheislandand,atleast

oneresearcherproposes,thiswasthegenesisoftheOakIslandMystery.

In1762,astheMahoneBayareabegansettlementunderBritishcontrol,

LunenburgCountylaidoutaplotplanforOakIslandthatisstillineffect.OakIsland

wasdividedinto32lots,mostofthem4acresinsizeandafewlarger;theaverage

lotsizeis4½acresperlot(seeplotmapbelow).Until1965theislandremained

accessibleonlybywater,butinthatyearRobertDunfield,thetreasurehunterdu

jour,builtacausewayconnectingtheislandtothemainland.Still,residential

developmentoftheislandhasbeenslow,tosaytheleast.Inthe1880stherewere

fivefarmsontheisland;therearenowonlythreeorfourhousesontheisland,all

occupiedbythelatestgenerationsoftreasurehunters.

OakIslandisinthetownofWesternShore,apartofthetownofinChester,

nestledinLunenburgCountyonMahoneBay.Itisasmall140-acredotsittingabout

11See[I3/dennis_king-march-2010.shtml]

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100yardsoffofthemainlandatthebay’swesternshore;itisabout25mileswest-

south-westofHalifaxand10milesnorthofthecityofLunenburg.Chesteris

perhapsthemostpristinevillageonNovaScotia.Theisland’smaximumelevationis

36feetabovesealevelandtheelevationatthesurfaceoftheMoneyPitis32feet.

Threehundredyearsagotheseelevationsabovesealevelwerethreefeethigher—

thesealevelwasthenthreefeetlower.

OakIsland,NovaScotia

OakIslandLotLayout

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AtthecausewayendoftheislandaretwohomesoccupiedbyDan

BlankenshipandhissonDavid;DanhasbeenhuntingfortreasureonOakIsland

since1967.AtJoudrey’sCoveonthenortheastsideisFredNolan’s.Nolan,whojust

diedin2016,cametotheislandin1962;heownsthesevenblacked-outlotsinthe

mapbelow;Blankenshipand/orhispartnersowntheother25lots.

DanBlankenshipisnowintohisninetiesbutstillengagedandalert,though

hissonhastakenontheheavylifting.HehasbeenexploringtheoriginalMoneyPit

areawithpartnerssincehisarrival.WhileBlankenshiphasfocusedonsubsurface

excavationattheMoneyPit,FredNolanhasfocusedonsurfaceformationsofrocks

onhisproperty,formationsthathethinksgivemeaningtotheOakIslandmystery.

Fred’sprimaryeffortshavebeenathissevenlots,thoughonoccasionhehasbeen

partneredwithBlankenshiponsubsurfaceexploration.

FredNolanandDanBlankenshipwereoncepartnersinoneofthemost

recentexplorationcompanies—TritonAlliance,Ltd.Tritonhuntedtheisland’s

secretsfromitsformationin1969to2011,whenitfoldedforlackofsubscription

foranissueof$10millioninadditionalshares.Inthe1980stherewasabitter

fallingoutbetweenNolanandBlankenship,possiblytheresultofTritonbringing

suitin1983contestingNolan’sownershipofhissevenOakIslandlots,thoughthat

isn’ttheonlydispute.

Recentlytheislandhasacquiredtwosummeroccupants.RickandMarty

LaginaarenewtreasurehuntersfromMichigan’sUpperPeninsula.TheLagina

brothersbecameinterestedinOakIslandaspre-teenadolescents.Rick,theeldest,

isaretiredpostalworker.Martyisanengineer,lawyer,andentrepreneurwith

energy-relatedbusinesses.In1982heformedTerraEnergy,whichbecame

Michigan’slargestnaturalgasextractor;in1995hesoldTerrafor$62.6millionand

startedacleanenergycompanyspecializinginwindfarms.

TheLaginasconnectedwithDanBlankenshipandformedapartnershipto

pickupwhereTritonAllianceleftoff.ForfundingtheyalliedwithTheHistory

Channeltoproducearealityshow.TheresultisTheCurseofOakIsland,ashowthat

airedin2014andisnowthroughitsfourthseason.TheCurseisaheavilyscripted

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exampleofthefictionalhistoricalfictiongenreforwhichthechannelisknown.

MartyandRick,thehosts,areperfectfoilsforeachother:Rickistheunabashed

enthusiastwhowillalwaysvoteforthenextstepintheOakIslandtreasurehunt;

Martyistheconservativebrotherwhoisalwaysonthefence—willingtopullthe

plug,butsomehowalwaysagreeingwithhisolderbrothertospendmoremoney

andkeeplooking.

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TheOakIslandTreasureHunt12

ThestandardworkingtheoryfortheOakIslandexplorationsisthatpirates

constructedtheMoneyPitinthe16thor17thcenturiestohidevaluablescapturedin

oraroundtheCaribbeanorcarriedbymerchantvesselsthattraveledthetrade

routealongtheGulfStreamthatrunsnorthwardalongNorthAmerica’seastcoast,

bendingovertotheOldWorldnearNovaScotia.Thatpirateswereabundantin

MahoneBayseemscertain:“mahone”isFrenchfor“pirate,”localhistoriesinNova

Scotiareferregularlytopirates,particularlyintheLaHavearea,andtheGulfStream

fromFloridabroughtshipsuptoNovaScotia;merchantvessels,Spanishtreasure

shipsfromSouthAmerica,pirates,andmilitaryvesselsreturningfromNorth

America’seastcoast.

TheOnslowCompany:1803-1805

ThefirstexplorationcompanytodigatOakIslandwastheOnslowCompany,

formedin1803byaNovaScotiannamedSimonorSimeonLyndswithOakIsland

residentsMcGinnis,Vaughan,andSmithaspartners.TheOnslowCompanyleftno

records,butJ.B.McCullyreporteddetailsofitsoperationsinan1862lettertoNova

Scotia’sLiverpoolTranscript.13McCullywasanengineerfortheTruroCompanythat

succeededtheOnslowCompanyin1849.

AccordingtoMcCully,theOnslowCompanyduga16-footdiameterpitdown

to93feet,uncovering“marks”describedas“puttyorcharcoal”everytenfeet;there

isnomentionofoakplatforms.Coconutfibers,notindigenoustothearea,were

foundalongtheway.At90feet14alargeflatstoneroughly2-feetwideand1-foot

thickandhavingseveralcharacterscutinit,wasuncovered;thisisthefamous“9012ThischronologyofexplorationonOakIslanddrawsheavilyon[I5].AlistofPolsson’sreferencesourcesisat[I5/refs.html].13See[I3]/diggings.shmtl].14McCall’slettersays“80feet,”anobviouserror.

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FootStone.”TheOnslowCompanyreachedthe93-footlevelandplumbeddown

witharod,strikingwhattheythoughtwasawoodplatformatthe98-footlevel.This

suggestedafive-footemptyspacebetween93and98feet,justtherightsizefora

treasurechest.15

ThepitquicklyfloodedandtheCompanydugapitparalleltotheMoneyPit

atanunknowndistanceanddirection.Fromitsbottomtheydugsidewaysto

intersecttheMoneyPitattoapointbelow100-footinanefforttoretrievethe

treasurefrombelow;unfortunately,asthesidetunnelnearedtheMoneyPititalso

flooded.Stymiedbywater,theOnslowCompanystoppedoperating.OakIsland

remainedquietuntilthenextexplorationcompanystartedoperatingin1849.

Aphotooftheapocryphal90-footstoneisshownbelow.Thisisa“replica”

andthereisconsiderabledoubtthatthecharactersshownonitarethoseonthe

actualstone,orthatthereeverwerecharactersetchedontheoriginalstone.The

codeshownhasbeendecryptedas“Fortyfeetbelowtwomillionpoundsare

buried.”Thiswouldplacethetreasureatadepthof130feet.Twomillionpounds

sterlingingold(£2,000,000)atthe1795priceof£4.26pertroyouncecomesto

469,483.5troyouncesor20,540common(avoirdupois)pounds.Thiswouldhave

beenaheavytreasurechestindeed,andthechestitselfwouldrequireacapacityofat

least205cubicfeet(roughly14x14feetsquare)ifstoredasingots,moreifincoins!16

The90-FootStone

15See[I1/archives/05-2016].16SeeAppendix2

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ThestoneisreportedtohavestayedinJohnSmith’spossession,embeddedin

thefireplaceoftheOakIslandhousehebuiltin1795,untilitwasmovedtoa

bookbinder’sshopinHalifaxaround1919,whereitwasusedasasurfaceonwhich

tosoftenleather.Unfortunately,buttypicallyforOakIsland,thestonehas

disappearedandthereisonlyoralhistorytotestifytoitsexistenceortoany

charactersscratchedonit.ScatteredreportsfromthosewhosawitinHalifaxsaid

thatithadnocharactersonit,perhapsbecausethecharactershadbeenrubbedoff.

TheTruroCompany:1849-1853

In1849AnthonyVaughan(probablyAnthonyVaughnJr.asAnthonySr.

wouldbeboth99yearsoldanddead)andJohnSmithjoinedwithnewpartners

fromTruroNStoformtheTruroCompany.ExplorationattheMoneyPitresumed.

J.B.McCully’s1862letter,citedabove,describestheTruroCompany’sactivitiesand

discoveries.

TheCompanybeganoperationsbydrillingthefloodedMoneyPit.At98feet

TheTruroCompanydrillencounteredsixinchesofwood(spruce),justasreported

bytheOnslowCompanyafterplumbingfrom93feetwitharod.Thenthedrill

droppedafootandencounteredfourinchesofoak,thencutthroughtwentyinches

ofloosemetal(judgingfromthesound),theneightinchesofoak,anothertwenty

inchesofloosemetal,andfourinchesofoak.Afterthisweresevenfeetofdisturbed

claybeforesolidclaywasreachedat111feet.Thetwosectionsofoakandmetalbits

from98’6”to104’2”suggestedtwooakchests,each2’9”high,oneontopofthe

other,filledwithloosecoins.

TheTruroCompanydrilledfouradditionalholesaroundtheoriginalMoney

Pit.OneofthosereplicatedthedrillingresultsforthePitbutalsobroughtupa

sectionofoakstave,somepiecesofbirchhoops,andthreelinksofagoldchain.The

staveandhoopsindicatedanoakencask.Thechainlinksweredescribedaspossibly

froman“epulet,”asonamilitaryuniform.Thisholealsorevealedafour-footby

three-footsidetunnelcomingfromtheeast(Smith’sCove)intothePitbelowthe98-

footplatform.OncethistunnelwasexposedwaterfloodedintothePit.

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TheTruroCompanythenturneditsattentiontoSmith’sCove.17Exploration

thererevealedthatthebeachwas“artificial”—theCovehadbeendeepenedbyhand

andtheshorelinefilledinwithrocksandsand.McCullyreportedfindingevidenceof

anoldcofferdamand,betweenthecofferdamandthebeach,fiveboxdrainslined

withstoneandcoveredwitheelgrassandcoconutfiber,presumablytofilterout

sandandlargeparticlesthatmightclogtheboxdrains.Thecofferdamwasprobably

builttoexposethebeachareasothatthedrainscouldbeconstructed.

Thefiveboxdrainswerelocatedatanelevationbetweenthehighwaterand

lowwatermarksonthebeachsothattheywouldfillataboutmid-tidetohightide

anddrainfrommid-tidetolow.Theywerefirstdiscoveredin1850whenaworker

noticedwaterflowingintoSmith’sCovefromtheshore.Thefivedrainsconvergedto

atunnelthatwenttowardtheMoneyPit;itwasthoughttobeafloodtunnel

enteringthePitatadepthofabout111feet.TheconnectionwiththeMoneyPitwas

verifiedplacingbitsofclayintheSmith’sCovedrainsandobservingthemarriveat

thePit.

FieldSketchofSmith’sCove

17Whilediggingoneofthoseholes,theforemanwasobservedinspectingsomethingthathadcomeupandputtingitintohispocket.Heneverreportedhisfindings,butaclosefriendsoonappliedforhisowntreasure-trovelicenseontheproperty.ItwasdeniedbecauseTrurohadtherightsonthatland.

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Armedwithevidenceofaman-madetunnelenteringtheMoneyPitata111

foot-depthfromtheeast(Smith’sCove),theTruroCompanyinvestigatedthewest

(SouthShoreCove)sideofthePit.McCullyreportsthattheyfoundanoldpitonthe

westsideoftheMoneyPitanddrilleddown,findingevidenceofatunneltothePit

fromthatdirectionthatintersectedthePitat118feetbelowthePit’sgroundlevel,

thatis,about7feetbelowtheSmith’sCovetunnelandabout20feetbelowthe98-

footwoodplatformfoundbytheOnslowCompanyandrediscoveredbytheTruro

Company.18Theintentofthiswest-sidetunnelmayhavebeentoallowretrievalof

thetreasurefrombelowthefloodedPit,oritmighthavebeenasecond“flood

tunnel’toSouthShoreCove.Thiswest-sidetunnelsooncollapsed.

SoendedtheTruroCompany,whichhadspentanestimated$40,000.The

TruroCompany’sdiscoveryofatunnelbetweenthePitandSmith’sCovesupported

theideathattheMoneyPithadbeenboobytrappedsothatdiggingdirectlydownit

wouldfloodthePit.Iftherewasatreasure,itwasnowclearthatdiggingintothe

MoneyPitwasnotthewaytogetit.Buthowwouldthe“pirates”recapturetheir

treasure?OneideawasthatthePitwasadecoyandthatthetreasurewasreally

buriedinshallowsideshaftsonlytwentyfeetorsobelowgroundlevel,butnosuch

shaftswerereportedbyeithertheOnsloworTrurocompaniesinthecourseoftheir

work,andmassivedigsinlateryearsalsofailedtofindtreasure-ladensideshafts.

Thenotionofadevilishlycleverandexpensivelyengineeredtreasuresite

suggestedthattherereallywassomethingveryvaluablehiddenintheMoneyPit.

Thisexcitedtheanimalspiritsoffuturetreasurehunters.

TheOakIslandAssociation:1861-65

TheOakIslandAssociationhadmanyoftheearlierTruroCompanypartners.

In1861asteam-drivenpumpwasinstalledtodraintheMoneyPit.Unfortunately,

itsboilerblewup,killingaworker.TheAssociationthendugseveraldeepshafts

closetotheoriginalMoneyPit,withtheintentionofinterceptingandblockingthe

18Itispossiblethatthiswest-sidetunnelwasthepitandsidetunneldugbytheOnslowCompanytoretrievethetreasurefrombelow,notanoriginaltunnelliketheeast-sidetunnel.Unfortunately,theOnslowCompanyleftnorecordsofthedirectionfromwhichtheirtunnelapproachedthePit.

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“floodtunnels,”thendigginghorizontallyintothePit.Nofloodtunnelswerefound

butstillthenewshaftsflooded.BythistimeboththeOnslowCompanyandthe

TruroCompanyhadduglateraltunnelsanditwasimpossibletodistinguish

betweenthoseandtheoriginalfloodtunnels,iftheyeverexisted.19

AneffortwasmadetoblocktheboxdrainsinSmith’sCovewithclaytostop

theflowthroughthefloodtunnels.Thiswaspartiallysuccessful,indicatingthat

Smith’sCovewasasourceoftheflooding,butthesea’sactionclearedthedrainsand

fullwaterflowresumed.

TheOakIslandAssociationceasedoperatingin1865.

TheOakIslandElDorado/HalifaxCompany:1866-1867

TheOakIslandAssociationsolditsrightstotheOakIslandElDorado

Company,soonrenamedtheHalifaxCompany.A12-foothighcofferdamwas

constructedatSmith’sCovetoblockwatertotheMoneyPit.Thedamwasonly

partiallyeffective,andsoonanunusuallyhightidebreachedit.

A110-footshaftwasdug200feetsouthofthePit(towardSmith’sCove)and

atunnelwasdugfromitsbottomtowardthePittolocateanyfloodtunnels.Because

groundlevelslopeddownfromtheMoneyPittoSmith’sCove,thedepthofthis

tunnelwouldhavebeenseveralfeetbelowthe111-footdepthoftheMoneyPit.

ThisrevealedaprevioustunnelenteringthePitfromabove,decliningata22.5°

angle.ItssourcewasverifiedatSmith’sCovebyputtingbitsofclayintotheSmith’s

Coveboxdrainsandobservingtheclayarriveatthenewshaft.

In1867,afterallthediggingovermanyyears,thebottomoftheMoneyPit

collapsedabouttwentyfeet,to118feet.Thiswasinterpretedasthegiving-wayof

theceilingofalargecavernatthe120-footlevel.Alsoin1867aconsultantnamed

JohnBrownsubmittedareporttotheHalifaxCompany.20Browndrilledsomeholes

neartheoriginalMoneyPitandconcludedthattherewasnooakplatformas

reportedbytheTruroCompany,thatthePitwasoriginallyanaturalsinkhole,that

thePitfloodingcamefromwaterpassagethroughanaturallayerofgravelatthe19See[I3/floodtunnels.shtml].20See[I3/johnbrown.shtml].

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140footlevel,thatifthereeverwasanoriginalfloodtunnelitwouldhavecollapsed

longago,andthattheloosemetalpiecesthroughwhichtheTruroCompanydrilled

wereprobablygravel.Perhapsonthebasisofthisreport,theHalifaxCompany

stoppeditsactivities.

TheCave-InPit:1878

In1878thewifeofanislandfarmerwasplowingafieldbetweentheMoney

PitandSmith’sCovewhenoneofherteamofoxensankintowhattheythoughtwas

asinkhole;theoxwasrescued.Thesinkholewascalled“TheCave-InPit,”andits

significanceemergedwhenitwasrealizedthattheCave-InPitwasonadirectline

betweentheMoneyPitandtheboxdrainsinSmith’sCove,aresultconfirmedin

RobertDunfield’smapshownabove.ThissuggestedthattheCave-InPitwasinitially

thesiteofaventilationshaftforthealready-foundfloodtunnelfromSmith’sCoveto

theMoneyPit.Byimplication,thepitfoundbytheTruroCompanytothewestofthe

MoneyPit,inthedirectionofSouthShoreCove,mighthavebeenaventilationshaft

forthewest-sidetunnelthatTruroreportedfinding.

TheOakIslandTreasureCompany:1893-1906

In1893FrederickBlair,aNovaScotiabusinessman,formedapartnershipto

exploretheMoneyPit,thoughbynowenoughpitsadjacenttotheMoneyPithad

beencuttomaskitsexactlocation.CoresamplesofthePitdownweretakendown

to165feet.At155feetthedrillencounteredcement,oak,metalpiecesincluding

flecksofgold,asmallscrapofparchmentwithtwoletters(“vi,”“ui,”or“wi”)written

inIndiainkwithaquillpen,and,finally,anotherlayerofoak.At165feettheyhitan

impenetrablelayerthoughttobeiron.

In1897TheOakIslandTreasureCompanyfoundafloodtunneltothePit

fromtheeast(Smith’sCove);itwascloggedwithstones.Thiswasthoughttobethe

originalfloodtunnel,butitmightwellhavebeenoneofthesidetunnelsdugbythe

OnslowandTruroCompanies.Fiveshaftsweredugalongthelinethatfloodtunnel

wassupposedtofollowbetweentheMoneyPitandSmith’sCove;thesefivenew

shaftswerefilledwithdynamiteandblownuptoblocktheflowofwaterfrom

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Smith’sCove.Somuchforsubtlety,andforanymoremeaningfulevidencefrom

aroundtheMoneyPit.

TheCompanyalsoexploredtheareacalledthe“Cave-InPit.”Whenthe

drillingintheCave-InPitreached55feetthepitflooded.Onceagaindynamitewas

usedandafteradditionaldiggingtheCave-InPithasgrownfromox-legwidthtoa

diameterof100feet.Nothinghasbeenfoundthere.

In1898adyetestwasdoneattheMoneyPit.Thedyeemergedinboth

Smith’sCoveandSouthShoreCove.Thiswouldberepeatedinfutureyearswith

mixedsuccess.

ThusfartheOakIslandTreasureCompanyhadspentanestimated$100,000

andonelife—aworkerfellintoashaftin1897.ThiswastheseconddeathofanOak

Islandexplorer,anditledtoamutinyamongthesuperstitiousworkersthatforced

anendtoexploration,atleastforthetimebeing.OveritslifetheCompanyandits

predecessorshaddrivensome20shaftsneartheMoneyPitinordertoidentify

floodtunnels,stopwaterintrusion,andtunnelintothePitfrombelow.Fiveofthose

shaftshadbeenblownuptostopwaterintrusion,withnoeffect.TheentireMoney

Pitareawasashamblesandthelocationoftheoriginalpitwaslost.Moredamage

totheareawastocome.

OakIslandCrossSection

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AchartoftheMoneyPitareagleanedfromtheseexplorationsisshown

above.21ThefloodtunnelisoftenshownasstraightlinefromSmith’sCove,butthe

shapeshowninthechartisthatfoundbytheHalifaxCompanyin1866:thetunnel

droppeddirectlydownfromtheshorelineatSmith’sCove,thenturnedupwardto

theCave-InPit,thendescendedata22.5°angletothebottomoftheMoneyPitat

about100feet.

In1904Blairreceivedafifty-yeartreasuretrovelicensetotherightstokeep

aportionofanythingofvaluefromexplorationaroundtheMoneyPitarea.Blair

boughtouthisOakIslandTreasureCompanypartnersandsearchedfornew

partnerstoworkthesite.

TheOldGoldSalvageandWreckingCompany:1909

CaptainHarryL.Bowdoin,aminingengineerfromNewYork,formedthis

partnershipwithFrederickBlairandothers.Amongtheinvestorswasayounglaw

studentnamedFranklinDelanoRoosevelt,whoworkedonOakIslandinthe

summerof1909.

TheCompanyexploredforjustoneyear,findingnothingofinterest.After

terminatingoperations,BowdoinwroteanarticleinCollier’sMagazine22reviewing

thehistoryofOakIslandexplorationandconcludingthatthereneverwastreasure

attheMoneyPit,aconclusionvigorouslydisputedbyFrederickBlair.Thetwohad

fallenoutandBlair’ssupportersclaimedthatBowdoinhadwrittentheCollier’s

articleinrevenge,hopingtowarnoffanyinvestorsinBlair’scompany.

Followingthis1911debacle,BlairmaintainedhisrightstoOakIsland

treasureuntilhisdeathin1951.Duringtheinterveningfortyyearsheleasedlandto

anumberofindividuals.

WilliamChappell:1931-32;GilbertHedden:1936-37;MelChappell:1951

1931-32–WilliamChappellofSydneyNSonthenorthcoastofCapeBreton

leasedBlair’srights.Chappellhadworkedatthesitein1897whentheparchment21See[I4],filea01,page16].22See[A2]

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wasfound.Unfortunately,thepreciselocationofthe1897sitehadbeenlostinthe

interveningyearsofdigging.ChappellandBlairnowdisagreedontheexactlocation

oftheMoneyPit:Chappellthoughtitwasslightlynorthofthe1897drillsite,Blair

thoughtitwastothesouthofthatsite.In1931Chappellduga163-footshaftat

Blair’sselectedlocationsouthwestofthe1897hole.Thisisknownasthe“1931

ChappellShaft”).23

Between116-127feetChappell’sgroupfoundseveralartifactsincludingan

axe,aminer’spick,andananchorfluke.Theyencounteredevidenceofwhatthey

thoughtwasavaultroughly10feethigh(“theChappellVault”).Chappellthendug

sidetunnelstotheMoneyPitfromthe1931Chappellshaftbutfoundnothing.He

thenduga124-footshaftfromhispreferredPitlocation,searchingforthelocation

oftheparchmentandrelateditemsfoundin1897;thissecondshaft—the“1932

Chappellshaft”—revealednothing.In1932,afterspending$30,000andwiththe

Depressionunderway,Chappellgaveup.

1936-37—NextupwasGilbertHedden,aNewJerseymillionaire,whospent

$100,000tobringelectricpowerfromthemainlandtorunsubmersiblepumpsand

drainthePit;allfutureexplorershavebeengrateful.In1937Heddendugashaft

(the“Heddenshaft”)nearthe1931Chappellshaft;otherthanwaternothingwas

found.HethencommissionedasurveybyCharlesRoper,aprovinciallandsurveyor,

oftheeastendoftheislandtoidentifyallpreviousdigsandmarkings.The“Roper

Survey”hasbecomeatoolinallexcavations.AttemptstopumptheHeddenshaft

wereunsuccessful.Heddengaveupin1937.

In1941,neartheendofHedden’ssublease,anothertreasurehunter,Edwin

Hamilton,triedagobut,again,therewerenofinds.Severalothersmalloperators

followedbutallquicklyfellbythewayside.

Blaircontrolledactivityontheislanduntilhisdeathin1951.MelChappell,

William’sson,acquiredBlair’streasure-troverightsin1951.Hespent$25,000on

thePitbeforeleasinghisrightstoRobertRestall.

23The1937RoperSurveywouldlaterfindthe1897shaftandshowthatChappellhadbeencorrect.

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RobertRestall:1959-65

RobertRestallwasafifty-nineyearoldsteelworkerfromOntariowho,in

earlierdays,hadbeenamotorcycledaredevilwithhiswife,Mildred;theirspecialty

wasridingtwomotorcyclesaroundacircularcagewithoutcrashingorcolliding.

Theyshouldhavestuckwiththatjob.

RestallleasedMelChappell’srightstoexplorein1959andmovedwithhis

wife,Mildred,andtwogrownsonstoOakIsland.Restallbuiltasmalltwo-room

cabinneartheMoneyPitandworkedthesitewithhissonsuntiltragedystruckin

1965.OneofhisdrillerswasLaverneJohnson,aFreemasonwhowroteapamphlet

abouthisexperiencesworkingforRestallonOakIsland.[I4]MoreonJohnsonlater.

AmongotherthingstheRoperSurveyhadmarkedwasanold“Stone

Triangle”ontheedgeofSouthShoreCove.Asshownintheleftpanelbelow,the

triangle’sinnerlineofstonespointstoTrueNorth,butanotherlinecanbemade

fromthecentralstoneinthereararcthroughthetriangle’spoint:thatline,the

“DeclinationLine,”isshownasthedottedline,runsabout7°WestofTrueNorth.

Roperhadalsofoundtwodrillstonesthatwererediscoveredin1959by

LaverneJohnson.TheseareshowninJohnson’schartintheright-handpanelbelow.

TheStoneTriangleXMarkstheSpot

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JohnsonbelievedthattheMoneyPithadnosignificanceotherthanasthesite

ofthetwoflagstonesfoundjustbelowthesurface.Thus,onhischart(rightpanel)

theMoneyPitsiteiscalled“FlagstonesatTopofShaft.”Inaddition,onedrilled

stone(the“WesterlyDrilledStone”)wasabout50feetnorthoftheMoneyPitonthe

TrueNorthlinefromtheStoneTriangle.Theseconddrilledstone(the“Easterly

DrilledStone”)laytotheeastoftheMoneyPitnearSmith’sCove.

Johnson“decoded”theinformationfromthetwodrilledstonesandthe

flagstonestofindthesiteofthetreasure.Todothistakeastraightlinefromthe

EasterlyDrilledStonetotheFlagstonesattheTopoftheShaft,thentakealinethat

runsnorthwardatrightanglestothefirstline.Wherethatsecondlineandthe

DeclinationLineintersectistherealtreasuresite—Xmarksthespot.

Ifthisseemsbizarretoyou,youhavemyvote.InJohnson’sschemetheonly

functionoftheMoneyPitisservedbytheflagstonesfoundnearthesurfacein

1795—thatiswhereyoutakethe90°rotationtoX.Johnson’sbelievedthatthe

“boys”of1795thought“hole”insteadof“marker”andjustkeptdigging.Hadthey

knownabouttheRoperSurveystones,theywouldhavedecodedtheinformation

anddugatX—andtheywouldhavebecomerich.

ThesearethesortsofcontortionsthatOakIsland’streasurehuntersmadeto

trytoidentifyatreasuresite.IshouldaddthatwhenJohnsonduga30-footpitatX

hefoundnothing.

Backtothemainstory.RobertRestalldugeight27-footholesnearthe

MoneyPittotrytointerceptthefloodtunnels,withnosuccess.In1965,whileinside

oneofthesewater-filledholes,hewasovercomebyfumes,eithercarbonmonoxide

fromthepumpmotoror,morelikely,naturalhydrogen-sulfidefumes,averytoxic

gasassociatedwithorganicmaterialdecomposinginwater.Restalllost

consciousnessandfellintothewater,his30-yearoldsonRobertjumpedintoget

himandhadthesamefate,thentwoworkersjumpedintohelp.Allfourwere

overcomeanddrowned.

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RobertDunfield:1965-1966

RobertDunfield,ageologistwhohadbeenRestall’spartner,leasedMel

Chappell’srightstocontinueexplorationaftertheRestalloperationendedin

tragedy.Heconstructedacausewaytothemainlandin1965tobringheavy

equipmentontotheisland.Thecausewaycostanestimated$40,000anditremains

inplaceeventhoughitwassupposedtoberemovedafterDunfieldwasfinished.

DunfieldimmediatelyranintoaconflictwithFredNolanbyrefusingtolet

Nolanusethecauseway.Nolanrespondedbymovinghissmallmuseumofartifacts

foundonOakIslandtoalocationthatblockedaccessfromthecausewaytothe

MoneyPit.Stalemate!DunfieldsuedNolan.EventuallyDunfieldwasforcedtolet

Nolanandothersusethecauseway;inreturn,Nolanwasforcedtorestoreaccessto

theMoneyPit.OnceagainmoneywasspentonOakIslandtonoeffect.

InadditiontobulldozingaroundtheMoneyPitlookingforfloodtunnels,

DunfieldandhispartnersexploredtheSmith’sCoveareaandfoundindicationsof

earlyconstructionactivity,amongthemanoldcofferdam,thefiveboxdrains

coveredineelgrassandcoconutfiber,logsfromawharforotherstructure,astone

market“1704,”apairofancientwroughtironscissors.24

Dunfieldspentanestimated$130,000withnoresultexceptthecollapseof

severaltunnelsinarain-soakedseason.Buthehadagreattimeonthatbulldozer

beforehesuspendedoperationsin1966.

TheareaofexcavationatthetimeofDunfield’sworkisshownbelow.Itis

clearthattheunscientificwaythehunthadprogressedovertheyearshad

effectivelymaskedanyoriginalworkdonebythoseubiquitouspiratesor

Rosicrucians.

TritonAllianceLimited/OakIslandExplorationCompany:1967-2011 In1967DanBlankenshiparrivedonOakIslandinpartnershipwithDunfield,

FredNolan,andanewpartner,DavidTobias.Thefollowingisasummaryoftheir

activitiesandfindings.

24See[I5]

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TheMoneyPitAreain1965

1967—Blankenshipdrilledabout60deepexplorationholesaroundthe

MoneyPit,sometobelowthe180-footbedrock.Theybroughtupsomeman-made

items(brassfragments,wooddatedto1490-1660fromacavitybelowbedrock,

charcoal,fragmentsofchina).

1969—thepartnershipwasformalizedasOakIslandExplorationCompany

underTritonAllianceLimited,withDavidTobiasasitsPresident.Under

Blankenship’sdirection,TritondrilledBorehole10-Xabout160feetfromtheMoney

PitalongthelineoftheallegedtunnelfromtheMoneyPitpasttheCave-InPittothe

Smith’sCoveboxdrains.Borehole10-Xwasinitiallya27-inchdiametershaftdriven

throughthebedrockat180feetandthendownto235feet.Threefive-footcavities

werefound—oneat140feet,oneat180feet,andoneat230feet;thelastwaswell

belowbedrock.Metalfragmentswereretrievedfromthesecondcavity.

Towardtheendof1969Blankenshiptookwhatseemstobeatragicmisstep

inordertoflushtreasureoutofBorehole10-X:hesetoffchargesoftwodynamite

stickseachatfive-footintervalsinthethreecavernsat10-X.25Nothingcameup,but

25See[I1]/archives/2016_4,p.85].

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theuseofbruteforcesuggestsnownothingwillcomeup.Thechartbelowisa

recordofthisaction.26

Blastingat10-X

1970—Tritonbuiltalarge400-footcofferdamtodrainSmith’sCove.The

remainsofanearliercofferdamwerefound—whetheritwasDunfield’scofferdam

ortheoriginalfoundbytheTruroCompanyisn’tclear.Somemanmadeitemswere

alsofound,allpre-1790:a12-inchruler,nails,spikesandtools.

1971—Borehole10-Xwaswidenedtoaneight-footdiametertoallowdivers

accessdowntothe180-footbedrocklevel;theoriginal27-inchdiameterholethat

runsfrom180feetdownto235feetwasleftuntouched.Diversweresentdownto

bedrockat180feet,butvisibilitywaspoorandnothingwasseen.Acamerawas

sentdowntothecavernat225feetandverygrainyphotosweretaken.Itseems

strangetoexpecttoseeanythingintactinanareayouhavedemolished,but

Blankenshipidentifiedseveralitemsinthephotos:ahumanhand,ahumanbody,a

26Alsoin1969FredNolandrainedthe“swamp”neartheMoneyPitandfoundwhatappearedtobeasectionofthemastofanoldsailingship.

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pickaxe,chestsandtwosidetunnelsfromthecavern.(Icouldn’tidentifyanyof

thesewhenIsawthephotos.).

1972—GeorgeBates,aNovaScotiahistorian,presentedanewtheoryofOak

IslandatameetingoftheCanadianInstituteofSurveyingandMapping.Histheoryis

thattheoriginalexcavations(theMoneyPit,theeast-sidetunneltoSmith’sCove,

andtheworksinSmith’sCove)weresignsofashipyard.Thisideawillbediscussed

later.

1976—WhileDanBlankenshipwasdivinginBorehole10-Xthesideofthe

metalcasingcollapsedjustbelowhim,closingoffthelowersection.Hebarely

escaped.

1979—InFebruaryfourholesappearedintheiceoverSouthShoreCove.

ThisoccurredafterpumpingactivityinthePit;oncethepumpingstopped,theholes

disappeared.Theice-holesreappearedin1987,againafterapumpingoperation.27

Theholeshavebeenattributedtoairbubblesrelatedtothepumping.

1983—TritonsuedFredNolan,contestingownershipofhissevenlotson

OakIsland.IfNolanlosesthesuit,heloseshisrightsonOakIslandalongwithhis

influenceasamemberofTritonAlliance.Thismightwellhavebeenthesourceof

theenmitybetweenBlankenshipandNolan.Therewasalsolitigationlaterover

Nolanmovingsomepropertymarkerstoenhancehisproperty.

1985—NolanwonandTritonappealed.In1987Tritonlostagainonappeal:

Nolan’sownershipofthesevenlotswasfinallyconfirmed.(Nolanlostonthe

propertylinedispute.)

27See[I1/archives/03-2016:22]

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1987—Tritonannouncedastockissuetoraise$10milliontodriveatubular

casing80feetincircumference(13-feetindiameter)aroundBorehole10Xdownto

bedrockat180feet,thusclosingoffthewatersourceandallowingdrainageof10-X.

TheOctober1987stockmarketcrashendedtheplanandTritonendedactive

exploration.Ithelditslastannualmeetingin2011andin2014itwasformally

eliminatedfromtheCanadianregisterofcompaniesfornonpaymentofannualfees.

2006—DavidTobiassoldhisfiftypercentshareofTritontotheLagina

Brothers.

2008—Tritonsolditstreasure-trovelicensetoOakIslandTours,Inc.One

estimateofthecosttoTritonofitsactivitiesontheislandis$500,000.28

OakIslandTours,Inc.:2008-Present

OakIslandTours,Inc.wasformedbyDanBlankenshiptopromoteOakIsland

asatouristarea.In2008itpurchasedTritonAlliance’streasure-trovelicense,

allowingittocontinueexplorationsatOakIsland.TheCompany’spartnersinclude

DanandDaveBlankenship,RickandMartyLagina,CharlesBarkhouse,andCraig

Tester.CraigisMarty’sformercollegeroommate,hispartnerinthenewwindfarm

energycompany,andanengineerwithexpertiseinsoilresistivity.Charlesiscurator

oftheOakIslandMuseumandaveryknowledgeablelocalhistorian.

TheLaginasbegannegotiationswiththeHistoryChanneltoseeifitmightbe

interestedinfilminga“realityshow”aboutOakIsland.Itwas,andtheresultisThe

CurseofOakIsland,nowendingitsfourthseason.Everyepisodeispaddedwith

segmentsfrompreviousepisodes,andeachsegmentofanepisodeendswitha

teaserthatbringstheviewerpastthecommercialonlytoletthemdownafterward.

Itisaveryfrustratingshowwithatightstructure:eachepisodehasasegment

filmedinthe“WarRoom,”wheretheprincipalsmeettoplanthenextforay,often

withoutsideadvisorswhohaveoutrageousideasaboutwhat’sthere,whereitis,

andwhodidit.Alsopresentarethedivers,drillers,andotherswhowillexecutethe

plans.AttheendofeachmeetingMartyputsonaseriousfaceandasks,“Shouldwe

28See[A3]

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dothis?”ThenRick,alsowithhisgamefaceon,says,“Yes,itmightleadtonothing,

but...whatifitdoes!”Theotherprincipalsnodtheirheadssagely,Martypondersa

bit,slapsthetable,andsay,“Let’sdoit!”Thentheyretiretoabar.

Still,anyonewhohasfollowedtheOakIslandsagawillwanttoseeTheCurse

ifonlytoseewhattheLaginasdidandwhattheyfound.Theshortanswersare“a

lot”and“notmuch.”

WhathavetheLaginashaveactuallydoneis“alot.”

†Theyhavedrainedtheswampthreetimes.29(Nolanfirstdraineditin1969).ThefirsttimeallthatwasfoundwasaSpanish8-realemeravedi,acoppercoin,dated1652.ThesecondwasontheadviceofaNorwegiannamedPeterAmundsonwhobelievedthatthesurfacestonesforming“Nolan’sCross”wereactuallypartofalargerformationcalledtheTreeofLife,andthatsomethingwouldbefoundattheTree’s“MercyPoint”locatedintheswamp;instrumentsattheMercyPointlocatednonferrous

metal(perhapsgoldorsilver)butnothingofvaluewasretrieved.Thethirdtimetheydraineditdry,pumpingthebrackishwatertotheCave-InPit,thentheybroughtinabackhoetodiginaspecificareaandfoundalongplanklikefromaship’shullandalargespike,bothassociatedwithearlyshipconstruction,perhapsaSpanishGalleon.

†TheyrepeatedlysentdiversdownBorehole10-XtofindtheobjectsthatBlankenship’scamerarevealedin1971—awoodenchest,abody,ahand,apickaxe,sidetunnels.Onlyonedivermadeitandhefoundnoneofthoseobjects.Inthatdiver’sopinionthecavernisanaturalformation.

†TheyhaveexploredSmith’sCovetosearchfortheboxdrainsfoundbypreviousexpeditions.Theycameupwithmorecoconutfiberandafewwroughtirontoolsdatedpre-1790.

†Theyrepeatedlymetinthewarroomtolistentothedoofusdujourdescribehistheoryofwhodidit,when,andwhy.Noneofthesevisitorshashadcredentialsinhistory,archeology,orgeology.Somearesouncredibleastobeincredible.Mostoftheideasarebizarre,amongthem,

°TheRosicrucians,asecretsocietyformedduringthe17thcenturyEnlightenment.TheRosicrucianswereadherentsofamysticaldoctrinethatincludedtheJewishKaballahanditsTreeofLife.

°SirFrancisBacon,the17thcenturyEnglishpolymathwhosomethinkwasShakespeare,buriedWilliamShakespeare’slostplaysonOakIsland.

29In1969FredNolandrainedtheswampforthefirsttime,findingasectionofanoldship’smast.Thisledtotheideathatanentiretreasureshiphadbeenburiedintheswamp.

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°TheKnightsTemplar,formallycalledthe“SocietyofthePoorFellow-SoldiersofChristandoftheTempleofSolomon,”buriedtheirtreasureamassedasbankersandtransporterstopilgrimsduringthecrusades—atreasurethatincludestheHolyGrailandtheArkoftheCovenant.TheKnightsTemplarwasformedcirca1120aftertheFirstCrusade,anditwasviolentlydissolvedin1307toexpropriateitswealth.°MarieAntoinette’sfabledjewels,ortheFrenchCrownjewelsburiedbyFrenchRoyalists.°CaptainWilliamKidd’stwo-millionpoundtreasurereportedtohavebeenburiesonasecludednorthernislandinAmerica.

†MartyandsometeammembersflewtoFranceandScotlandtofollowuponthehistoryoftheKnightsTemplar,whowerecenteredinFranceandreportedlyfledtoScotlandwiththeirshipsandtreasureafter1307.Theycamebackwellfedbutnowiser.†Theyinterviewedthreesisters—descendantsofDanielMcGinnes—whoreportedthefamilystorythatthethree“boys”hadactuallyfoundthreetreasurechests;eachhadtakenonechesthome.Ifthisstoryistrue,whateverwasburiedattheMoneyPithasalreadybeenfound.Asevidencetheyshowedabeautifulgoldcrossmadeforanecklace;jewelershaddatedittothe1500s.ThiswastheonlyiteminDanielMcGinnis’chestthatremainsinthefamily.†TheLaginasreturnedtotheMoneyPittopickupwhereTritonleftoffin1987.TheysankalargemetalcaissonaroundasitecalledV3,wheretheythoughttheoriginalPitwaslocated;thiswasdonetostabilizeit,toshutoffwatersources,andtofindwhatisatthebottom.Aclamshellshovelwasloweredbycraneintothetubetoremoveearthandmaterial.At140feettheyfoundsquaretimbers.Thiswasveryexcitinguntiltheynoticedthatthetimbershadmarksfromcircularsaws,whichweren’tinventeduntilthelate18thcenturyandwerenotcommonlyuseduntilthemid-19thcentury;theLaginasconcludedthatthetimberswerecribbingfromanearliersideshaftintothePitdugbyWilliamChappellin1931.†Theydugasecondshaft,calledC1,abouttwentyfeetfromV3withthesametypeofcaissonusedatV3.Thisreachedwhatappearedtobeacavityat170feet.Duringthisdigtheysentacameradownandsawglimpsesofashinyyellowobject.

Inshort,TheLaginabrothersandtheirHistoryChannelbackershave

foundnothingthatwasnotfoundbefore,andtheyhavefailedtofindsome

thingsthathadbeenfoundbefore.Theyalsohaveanindicationthattheir

treasurechest(s)mighthavebeenretrievedcenturiesago.Afterthislastrevelation

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attheendofthethirdseasontheWarRoommettodiscusswhethertocontinue;

Martyslappedthetableandsaid,“Let’sDoIt!”.

It’sclearthatthereisatleastonehoaxintheOakIslandstory:itistheairing

ofTheCurseonachannelthatmasksfictionashistory.Ofcourse,thatdoesn’tstop

usfromwatchingtheseries—theLaginasaresuchperfecthosts,andtheshowisso

outréandcampy,thatourearsperkupeverytimesomeonesays,“Wow,whatis

this?”beforegoingtocommercial.WeknowthattheLaginasandtheirpartnersare

acting,butstillitsucksusin.

Hopefully,theHistoryChannelhasjumpedthesharkandinthefutureOak

Islandwillbeknownasaplaceratherthanasanadventure.Perhapssomedaywe

willbeatthatpointwhenthefirstquestionapsychiatristasksofapotentially

psychoticpatientis,“DoyoubelieveinOakIsland?”TheOakIslandMysterywill

thenhavereacheditsproperplaceinthepublic’sconsciousness—asasanitytest.

TheFloodTunnels:Digging,Dowsing,andDyeTests AnimportantgoalofexplorationatOakIslandhasbeentoinvestigatethe

networkoffloodtunnelsreputedlycreatedbytheoriginaldiggers.Thishasbeen

doneinthreeways:digging,dowsing,anddyetests.

Digginghasbeentheprimaryapproach.Shaftshavebeendugalloverthesite

tofindtunnels.Thishasbeendiscussedelsewhereinthisdocument,butitbears

repeatingthatbruteforcehasboth“muddiedthewaters”andtornuptheeastern

endoftheisland,alltoachieveinconsistentresults:somediggingfindsflood

tunnels,somediggingfindsnofloodtunnels,andsomesuggeststhatfloodtunnels

newlyfoundareactuallytunnelsdugbyearlierexplorerstoentertheMoneyPit.

Dyetestsareamorescientificapproach.Awater-dyemixispumpedintoa

shaft(usuallytheMoneyPitorBorehole10-X)andtheshorelineiswatchedfor

appearanceofthedye.Theseresultsarealsomixed.Thefirstreporteddyetest,in

1898whendyeporeddownthePit,showedatdyebothSmith’sCoveandSouth

ShoreCove.Thesecondtestwasin1941whenEdwinHamiltonpoureddyeintothe

MoneyPitanditappearedatSouthShoreCove.Thiswastakenasconfirmationofa

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westwardtunnelfromthePit,perhapsthesametunneldiscoveredbytheTruro

Companycirca1897.

Thethirddyetestwasin1992whenDanBlankenshippoureddyeintothe

MoneyPitandafter3-4hoursitappeared1,155feetawayatthe“oppositesideof

theisland”(nearJoudrey’sCove?).30Thisshouldhavebeentotallyunexpected,but,

amazingly,Blankenshipreportedthathehadidentifiedthatwhollynewtunnelprior

tothedyetestbyusingtheancientmethodofdowsing.Thistunnelisasurprise

becausetherewerenoreportsofearlyexplorerstunnelingfromthePittothe

northeast,andbecauseJoudrey’sCoveissofaraway—overtwo-tenthsofamile.

Inthefourthdyetest,alsoin1992,Blankenshippoureddyedownahole

northofBorehole10-X.ThisdyeshowedatbothSmith’sCoveandatSouthShore

Cove.31TheWoodsHoleOceanographicInstituteperformedafifthdyetestin1995

aspartofalargerstudyofOakIslandhydraulics:WHOIpoureddyeintoBorehole

10-XandreportedthatnodyewasobservedemergingateitherSmith’sCoveor

SouthShoreCove.32Finally,circa2013theLaginasreplicatedthe1995WHOItest

bypouringdyeintoBorehole10-X:onceagain,nodyeappearedontheisland’s

coast.

Ifthesedyetestsindicateanythingatall,itisthatanyconnectionbetween

theMoneyPitareaandMahoneBayiseithernonexistentorverycomplicated:

subsurfacechannelsseemtoappearanddisappearovertime,andtheyseemtobe

foundatsomeholesbutnotatothers.Onewondershowmuchthediggingand

blastingaroundtheareahasclosedofforredirectedwaterchannelsfoundatearlier

dates.

WereferredabovetoBlankenship’suseofdowsing.Accordingtohimitwas

quitesuccessfulwithseveraltunnels,notjustthelongpreviouslyunknown

northeasterlytunneltowardJoudrey’sCove.Whenthisbecamecommonknowledge

itsetoffafloodofInternetdiscussionsabouttheefficacyofdowsing.Thereisno

30See[I1]/did-dowsing-dicoveries-lead-Dan-to-dig-10X:6].31See[I4].MacphiehasdevelopedanumberofexcellentscientificPowerPointpresentationsonOakIsland.32See[A8].

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scientificbasisforthepractice,yetithasbeenusedforhundredsofyearsasaway

tofindwater,metals,orotherconductiveobjectsbelowground.

MacPhiereportstheresultsfromasmalldowsingtestinEngland.33Two

metalobjectswereburied,oneatthreemeters(26feet)andtheotherateight

meters(43feet).Sixteenstudentsindependentlydousedforthemandelevenfound

atleastoneoftheobjects,9findingboth;thisleftfivestudents(5)withnohits.

Usingstandardstatisticaltests,theprobabilitythat11ormorestudentswouldgeta

hitsimplybychanceis.067(6.7percent).Thisdoesnotquitemeetthestandardof

.05orsmallerthatstatisticianstypicallyusetodetermine“significance,”butitis

closeandwiththesmallsamplesizethereisconsiderablesamplingvariability.Still,

anumberofotherstudieshavealsofoundasuccessratenobetterthanchance.34If

Blankenship’smethodofffindingtunnelsisnobetterthanchance,howdidhefind

that1,155-footlongtunnel?Perhapsheisjustabetterthanaveragedowser.

Apersonalstory.WhileonafamilytriptoEnglandyearsagowevisitedthe

villageofAveburywherearingofstoneslikethoseatStonehenge(butmuch

smaller)hadbeenfoundlongagobydowsing.Somestoneswerestillburied,and

wewereaskedifwewantedtodowseforthem.WhenIpassedovercertainspots

thedowsingrodwasalmostforcedfrommyhand,apalpablehit.Theevidenceof

myownhandsledmetoachoice,eitherdowsingworkedorlargemagnetshadbeen

buriedfortouriststofind.35

33See[I4],filea03,p.5].Elevenofthestudentsidentifiedonlytheshallowobjectwhile9foundthedeeperobject.“Chance”meansa50percentprobabilitythatsomethingisfound,withacorresponding50percentprobabilitythatnothingisfound.34See“Dowsing”onWikipedia.35Myexperiencewithdowsingisanexampleofwhatpsychologistscallideomotoractivity—theentirelyunconscioustranslationofanidea(“thereissomethingburiedhere”)intophysicalaction.

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ExploringSurfaceStoneFormations

LittlehasbeensaidofFredNolan’sindependentsearchforinformationfrom

surface-levelrockformationsonhisproperty.Thereasonis,ofcourse,thatthese

effortsarefarlessdramaticthantheMoneyPitexplorations.

Perhapsthemostdramaticstoneformationis“Nolan’sCross,”alarge

formationintheshapeofacrossonthenortheastsideiftheisland.Thetopofthe

crosspointseast,itsleftarmpointsnorth,andthecross’srightarmpointstothe

MoneyPit.

Nolan’sCross

Atthecenterofthecross,wherethetwoarmsintersect,Nolanfoundalarge

stonewithwhatlookslikepartofahumanfacecarvedonit.Thoseofusfamiliar

withthenow-collapsed“ManoftheMountain,”aoncefamousnaturalformationofa

humanprofilehangingoffofNewHampshire’sMountWashington,knowthat

humanfacescanbecarvedinstonebynaturalforces,sowemightnotbuythe“man-

made”stonefaceonOakIsland.Nordoweknowwhatotherstoneswereinthearea

ofthecrossfromwhichthesixstonesinthecrossmightbeselectedasameaningful

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feature.Butthelegendisthatthesesixstonesstandoutinaclearcross,perhapsa

replicaoftheTemplarCross.

Indeed,PetterAmundson,aNorwegianfixatedonOakIslandandoneofthe

outsiderswhopresentedhistheoriestotheWarRoom,hasfoundfouradditional

stonesthatthatcreatealargerformationfromNolan’sCross,aformationthat

matchesasymbolfromtheJewishKaballahcalledthe“TreeofLife.”Themapbelow

overlaysNolan’sCrossonOakIsland,thentheTreeofLifeonNolan’sCross:Nolan’s

CrossisthecentralpillarandmiddlecrossarmoftheredformationcalledtheTree

ofLife.

OakIsland’sTreeofLife

TheTreeofLifehastenpoints,ornodes;asagroupthesepointsarecalled

sephirot(singular:sephirah).AteachOakIslandsephirah,shownasalargereddot,

isastone:sixofthemform“Nolan’sCross”andtheotherfourfoundbyAmundson

completetheTreeofLife.EachsephirahrepresentsanaspectofGod’suniverse:the

leftmostpillarwithitsthreesephirahshowsthethreeaspectsof“God’sMasculine

Side”(Understanding,Justice,Glory),thecentralpillarwithitsfoursephirahshows

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fouraspectsof“IdealBalance”(DivineCrown,Beauty,Foundation,andGod’s

Presence),andtherightmostpillarwiththreesephirahshowsthreeaspectsofGod’s

FeminineSide(Wisdom,Mercy,Eternity).Amundsonfoundlargestonesatallten

points,allbutoneaboveground.Asmarkedonthephoto,themiddle-rightsephirah

represents“Mercy.”Again,theremighthavebeenaplethoraofstonesinthearea

withAmundsonselectingonlythetenthatfittherelativemeasurementsofaTreeof

Life.

Notetheareamarked“7.”ThisisthetriangularswampthatNolanfirst

drainedin1969.Thesephirahtotheleftof“7”markstheMercyPoint;itisatthe

triangularpointoftheswamp.InaWarRoommeetingAmundsondirectedthe

group’sattentiontotheMercyPoint,claimingexcathedrathatsomethingof

importancewouldbefoundthere.TheLaginasdrainedtheswampandexplored

thatareawithmetal-detectors.Nothingofsignificancewasfound.

TheTreeofLifeandNolan’sCrossarethelargestandmostcomplexofthe

stonefiguresfoundontheisland,butthereareotherstonesthathavebeen

interesting.NearSmith’scoveliesastonewitha“G”clearlycarvedintoit;Gisthe

symbolforGodinFreemasonry.Freemasonrywasarapidlygrowingmovementin

the17thcenturyandisthoughtbysome,withoutevidence,tobedirectlydescended

fromtheKnightsTemplar;itstiestoRosicrucianismaremoredirect.Thisstone

suggeststhatFreemasons—andperhapsKnightsTemplar—wereonOakIsland.

ButthepresenceofFreemasonsisnotsurprisingasitwasaflourishingegalitarian

organizationinBritainwithmembersdrawnfromthearmy,thearistocracy,andthe

growingmiddleclass.DuringtheAmericancolonialperiodFreemasonrywasactive

inAmerica.Indeed,GeorgeWashingtonwasaFreemason.

TheOakIsland“G”Stone

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PageIntentionallyLeftBlank

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NaturalExplanationsofOakIsland

Perhapstheonlysolidinformationgainedfrom216yearsofdiggingand

destructionisthattherewashumanactivityofsomesortonOakIslandpredating

the1795discoveryoftheMoneyPit:theSmith’sCoveareahasrevealedtools,

probableboxdrains,coconutfibersandeel-grass,wharf-likelogstructures,and

otherevidenceindicativeofshippingactivity;themanypitsdugontheislandhave

revealedevidenceoftools,nails,anchors,goldlinks,glassandpottery,oldcoins;

isolatedcarvedstoneslikethe“G”stoneandtheapocryphal”90FootStone”were

foundintheMoneyPitarea.36

Butoverthose200yearsmorequestionshavearisenthananswershave

beengiven.Amongthosequestionsis:

•WhatwouldjustifyalloftheengineeringandminingeffortthatOakIslandapparentlyreveals?

•HasthefloodingofthePitandothersitesbeenduetoman-madetunnelstoMahoneBay,orhasitbeentide-drivenflowthroughnaturalchannelsas

arguedbymanystudentsoftheisland.•Whyhave“supernatural”theoriesbeenpreferredto“natural”theoriesofOakIsland’shistory?

Thesequestionsremainunanswered,or,inmanycases,havereceived

conflictinganswers.Whatseemsclearisthatfewinvestigatorshavesought

“natural”solutionstotheOakIslandMystery—solutionsthatderivefromhuman

activityandexperience,nothumanaspirationsormysticism.Instead,OakIslandhas

becomeatreasurehuntdrivenbytheunderlyingsearchphilosophy“IfItIsn’t

Found,ItMustStillBeThere.”

Oncewearecommittedtosaneandscientificanswers,welookforplausible

explanationsforthesefindingsthatdon’trequiretravelingthreethousandmileson

36Allofthisassumesthatwhatisreportedtohavebeenfoundwasactuallyfound—treasuresitesarenotoriousforbeing“seeded”toattractinvestors.

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potentiallydangerousseastohideextremelyvaluableitemsliketheArkofthe

CovenantorMarieAntoinette’sjewelsina100-footpit.Statedthisway,pirates

seemmoreplausible.

OakIslandhasclearlybeeninhabitedforalongtime,certainlywellbeforeit

waslaidoutin1762.Evenifnotinhabited,ithasbeenavailabletopassingships

boundforEuropesincethediscoveryofAmericabyEuropeans.Wewouldexpectto

findtoolsandsignsofearlylifeandactivityontheisland,thoughwewouldnot

expectthoseartifactstobeasdeepundergroundastheywerefound.Still,thecoins,

tools,nailsandotherindicationsofhumanactivitymightsimplybetheresiduefrom

constructionontheIslandthatisunrelatedtotreasure.

.

Cross-SectionofBorehole10-X

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ThegeologicalcharacteristicsofOakIslandareaiscertainlyrelevant.Itisa

lowislandwithamaximumelevationofonly36feet,anelevationthathas

decreasedaboutonefootforeachcenturyassealevelsrose.Manyobserversargue

thattheislandrestsonporouslimestoneinwhichnaturaltunnelsandcavernsare

readilycarvedbygroundwaterorseawater.Doesthislimestonefoundationexist,

and,ifso,woulditcreatethefloodtunnelsthathavebeenthesubjectofsomuch

attention?Therearedoubters.

DougHenskee,anOakIslandinvestigatorwhodugBorehole10-Xwith

Blankenshipin1969,isskeptical.In1997HenskeestatedthatwhenBorehole10-X

wasdug,“Weneverfoundanysignificanthorizontalflowofwateratanydepth,

fromthesurfacedowntobedrockat180feet.”Butif10-Xwasandremaineddryfor

alongperiod,whydoesitnowhavewaterinit?Doesthe1971blastingexplainthis?

Thecross-sectionofBorehole10-XshownaboveisdrawnbyHenskee.Note

thattheisland’sbedrockisanhydriterock,whichhasahighlycrystallinestructure

andisveryporous.Whilebedrockcouldbewater-laden,itsabilitytotransmitwater

tohigherlevelsdependsonwhatisontopofthebedrock.Henskee’schartshowsa

layerofsandymaterialat170-180feet,alayerofdrylimestonemarl(150-170feet),

6feetofmixedbutdrylimestone(144-150feet),and4feetofsand(140-144feet).

Abovethis,at100-140feet,is40feetoffirmgrayclay,theresidueofglacialtill;this

isthesweetspotoftheMoneyPit,thetargetareformostofthedigging.The

impermeabilityofthatclaydoesnotbodewellforthetheorythatfloodingcame

fromnaturalchannels.

JohnWonnacott,awell-regardedgeologistrecentlyinterviewedfor[I1],

arguesthattheweshouldexpectnonaturalwatercourseintotheMoneyPitor

Borehole10-X.37Wonnacottnotesthattheisland’sbedrockisat180feetandthat

betweenbedrockandthegroundlevelattheMoneyPitorBorehole10-Xisalayer

37See[I1/archives/02-2016:44].

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ofglacialtill,acompositeofusuallyfinestoneandheavyclaythatisimperviousto

water.Thus,Wonnacottclaims,anywaterthatfloodedtheMoneyPitduringearly

explorationswouldhavetocomefromman-madetunnels.Thisinformationhasre-

invigoratedthedebateaboutfloodtunnels,butithasleftthepurposeofthem

unexplained.

Still,itisobviousthatOakIslandwasasiteofhumanactivityfromearly

days—peoplelivedandfarmedthere,anditemswerelostonlytoberecoveredwith

theisland’sBigDigs.Thecoins,tools,nailsandotherindicationsofhumanactivity

mightsimplybetheresiduefromlifeontheislandunrelatedtotreasure;thatthey

wereoftenundergroundmightbebecausewellsweresunktoobtainfreshwater

anditemsweredroppedintothem.

Thediscoveryofcoconutfiber—acommoncomponentofship’scaulkingand

regularlyusedasdunnage(packing)forfragileitems—supportstheideathatthe

activitywasrelatedtoOakIsland’spositionintheGulfStreamataturningpointon

themainroutetoEuropeforshipsofalltypes—merchant,military,andpirate.It

wouldbenosurprisethattheislandwouldbeastoppingpointforrefittingand

provisioning,andfreshwater—shipsofthe18thcenturyandearlierrequired

bottomcleaning,hullrepairandcaulking,mastrepair,andothermaintenanceto

makethelongtripoveropenwatertotheOldWorld.Wherebettertodothisthan

anislandinreasonablyprotectedwatersandcoveredwithoaktrees?

OnesimpleexplanationfortheMoneyPitmightbethatitistheresultofan

unsuccessfulsearchforfreshwater.ThatthewaterintheMoneyPitisdescribedas

“brackish”suggestsasourceoffreshwater.Coconutfibersfoundinthepitmightbe

fromattemptstopreventseawaterseepagefromthepitwalls.This,ofcourse,leaves

other“facts”ofOakIslandunexplained—theSmith’sCoveworks,theflood

tunnels—butthosepossiblesignsofexcavationmighthaveindependent

explanations.

Amoreelaboratetheorywasofferedin1972atameetingoftheCanadian

InstituteofSurveyandMappinginDartmouth,NovaScotia.GeorgeT.Bateswasa

Canadiansurveyorwhohadworkedontheislandin1937,andaNovaScotia

historianwhowroteon18thcenturymigrationtoandfromNovaScotia.Bates

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suggestedatthismeetingthatOakIslandwasusedasanearlyshipyardforpassing

vessels.Thatthiswasnotberecordedmightwellbebecausetherewasno

indigenouspopulationtorecordit,orthatactivitieswerecovertforavarietyof

reasons(smuggling,taxation,fearoftheft).

BatesarguedthatthedesignoftheMoneyPitcumfloodtunnelsmimickeda

knownpre-19thcenturyshipyardintheWestIndies.Regrettably,I’venotseen

Bates’presentationnorhaveIfoundanyreferencesupportingthatclaim.Histheory

wasthatthe“MoneyPit”isactuallyapumpingstationwithawindmillorwindlass

atthesurfacepoweringapumpdeepinthePit.Theschematicshownbelowwashis

creation;Batesoftenpresentedhisvisualdisplaysinablueprint-likeform.Smith’s

Cove,withadrydock,istotheright,withatunnelconnectingittoacavityatthe

bottomoftheMoneyPit.38

SchematicofaShipyardatOakIsland

Thedrydocktheoryworkslikethis:atSmith’sCoveadamisconstructed

withawatergatethroughwhichashipcanenterathightide.TheWatergateis

closedandtheboxdrainsareopenedtodraintheCoveintoacavityatthebottomof

38TheHalifaxCompanyfoundin1867thatthistunnelwasnotstraight,asBatesshows.InsteaditangledupwardfromSmith’sCovetowardapointbelowtheCave-InPit,thenitangleddownwardat22.5°tointersectthebottomoftheMoneyPit.

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theMoneyPit.ThatcavityisthendrainedintoSouthShoreCovebypumpingitupto

ahigherfloodtunnelinthePitthatrunstothatcove.Attheendoftheoperationthe

shiphassettledintoacradleordry-dock,theSmith’sCoveboxdrainsareclosed,

andthecavityatthebottomofthePitisempty.Whentheshiprepairsaredone,the

outerwatergateisopened,refillingSmith’sCove,theshipdeparts,andrepair

stationisreadyforthenextship.

Thereare,ofcourse,criticismsofthisidea.OnesimplepointisthatBates

reversestherelativedepthofthetwofloodtunnels—theSmith’sCovetunnelwas

reportedas100-feetdeepatthePitwhiletheSouthShoreCovetunnelwas118-feet

deep.PerhapsBateswasshowingamoregenericplanofashipyardoperation,butit

makeslittledifferencetotheoperation.ASouthShoreCovetunnelisn’teven

needed—watercouldflowintothebottomofthePitfromSmith’sCove,thenbe

pumpeddirectlytothesurfacethenpipeddowntoSouthShoreCove.

Asecondcriticismisthatacommonwayofcleaningaship’sbottomsor

makingminorhullrepairswascareening.Theshipwouldbebeachednearhightide,

thetidewouldgoout,exposingthebottom,thebottomwouldbecleanedand

repairsmade,thentheshipwouldberefloatedatthenexthightide.Butwhile

careeningisaperfectlysoundpracticeintheCaribbean,wheretiderangesarelow

andsandybeachesarecommon,inNorthAmerica’snortheasttheshoresand

bottomarefilledwithrockandledgethatcoulddamageacareenedboat.

Furthermore,stormsarefrequentandacareenedboatissubjecttotheirfullfury.39

Anothercriticismisthatnoremnantsofawindmillhavebeenfound,andthat

thesidetunnelsarecontroversial,especiallythetunnelfromthePittoSouthShore

Cove.Butabsenceofawindmill/windlassorapumpcouldbeduetotheirvalue—

whentheshipyardwasfinallyclosedtheseitemswereremovedandeithersoldor

usedelsewhere.Afterall,EarlyOakIslandmapsindicatelocationsof18thcentury

houses,housesthathavealsodisappeared.

Yetanothercriticismisthatwitha30-foottidalrangeattheBayofFundythe

abilitytoworkonashipondrylandwouldbebettertherethanwiththe7-foottide39Infact,acommonpracticeistosendvesselstoseawhenaseriousstormapproaches.Acareenedboatcannotberefloatedquickly—itrequiresahightide—soitremainsexposedtountimelystorms.

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rangeatOakIsland.WhynotgouptoFundytodorepairs?Thisignoresimportant

characteristicsoftheBayofFundy.Let’ssupposeweareatDigby,abouthalfwayup

theeasternsideoftheBay.Thetiderangethereaveragessome30feet,butitis

highlyvariablebothbytimeofmonthandlocalweather:therangebetweenneap

andspringtidesisfargreaterthantheaveragetiderangeinthatregion,and

unpredictablestormsurgescancreateevengreatertidevariation—northeastwinds

blowwaterout,southeastwindblowitin.

Ifthepointistogainalengthytimeforrepairs,careeningashipatDigby

mightbeabadchoicebecauseitexposestheshiptounpredictableflotationat

inopportunetimes,andtothepowerfulforcesoftidalflowsinthatregion.Addedto

thatisthefactthatgoingtoDigbyforrepairswouldtakeyouwelloutoftheGulf

Streamandaddseveralhundredmilestoyourtrip.Perhapsabetterchoiceisa

shipyardonOakIsland.

NodoubtotherfaultscanbefoundwithBates’idea.Buttothelayman—and

virtuallyeveryoneintheOakIslandgameisalayman—Bates’proposalhasthe

advantageofrestingonanaturalfoundationwithoutresortingtomysticismor

treasure.Anditisconsistentwiththedismalfailureofthetreasurehunttofind

anythingworthfindingotherthantheresidueofhumanactivityapparentlyrelated

toships.Bates’theoryhastheadvantageoftyingtheknownevidencetogether—the

Pit,thefloodtunnels,theboxdrainsatSmith’sCove,

DennisKingoffersanothertheory.40Kingbelieves,withBates,thattheidea

oftreasureistheresultofexcessiveenthusiasm.Tohimthefundamentalquestion

ofOakIslandis,“WhyweretheboxdrainsinSmith’sCoveandtheassociatedtunnel

fromthemconstructed?”Hedoesnotbelievethateitherthetreasurepitortheidea

offloodtunnelstoitholdwater(punintended).

King’sansweris“salt.”Overthecenturiessalthasbeenaveryvaluable

commodity.Saltisessentialasafoodpreservative,asanaidtofood’staste,andasa

sourceofhumanandanimalhealth.Warshavebeenfoughtforit,stateshave

40See[I3/dennis_king_march_2010.shtml]

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monopolizedtradeinitasarevenuesource,andsocialcustomshavebeenbuilt

aroundit.41

Salthasbeenrecoveredinavarietyofways.TheancientChinese(circa2,700

BCE)drewbrinywaterthroughbamboopipesfrombrinewells,thenboiledthe

wateroffineitheropenpansorinpotsthatleftasolidpot-shapedblockofsalt.

Inhabitantsofareasonceunderseahaverakeditoffofthesurfaceorhaveminedit;

inthatformitisHaliteandcalled“rocksalt.”Infact,attheBayofFundy’snorthern

endisasaltmine4,000feetthickleftfromthelong-agodayswhensealevelswere

hundredsoffeethigher.

Saltisubiquitousinsocialcustoms.Medievalguestsofhighrankwereseated

“abovethesalt”atbanquettables;saltwasassociatedgiventosolidifypeacetreaties

andothertypesofsocialamity;soldierswerepaidinsalt,makingthem“worththeir

salt”(infact,thewords“salary”and“soldier”arebasedontheLatinfor“salt”).

Asnotedabove,thefirstrecordedresidentsofOakIslandwerethefish

merchantsJohnGilbertandRichardSmith,whoreceivedOakIslandina1753land

grant.ThiswouldplaceOakIslandasasiteforoffloadingfreshfishandthebuyers

wouldhaveaparticularinterestinsaltasapreservative.Butsaltwasexpensiveto

transportand,inmanycountries,highlytaxedtoboot.42Whatmorecost-effective

sourcethanaremoteislandnearthefishinggroundbutfarfromthetaxcollector,

especiallyifthetaxmancanbebought.

InNovaScotia’snorthernclimatesaltrecoverybysimplyboilingraw

seawaterwaspossiblebutinefficient:itwasnotonlyfuel-intensive(thoughtrees

wereabundant)butduringthewintertheseawaterwasfrozennearthesurface.

Thekeytocreatingsaltefficientlywastopassseawaterthroughseveralstages,

concentratingthesaltwitheachstage.Attheendofthatconcentrationphase,the

saltcontentoftheremainingwaterwouldbehighandthewatercouldmorerapidly

beboiledofftoleavealargeramountofsaltperBTUofheatrequired.

41See[B1]forasurprisinglycaptivatinghistoryofsalt.42TheFrenchGabellewasasalttaxthathelpedgeneratetheFrenchRevolution.BritishsalttaxeswereasourceofchronicunrestinIndia.TheChineseleviedasalttaxbeforeChrist.Thesesalttaxweresalestaxeslaidontopofthealreadyhighpriceofsaltduetostatemonopolies

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InKing’stheory,theoriginalcofferdamwasbuilttoallowmanagementofthe

waterlevelinSmith’sCove.Betweenthecofferdamandtheshoreanumberofbox

drainswereconstructedarrayedinawidearccoveringthecentralportionofthe

cofferdamarc,asshowninRobertDunfield’sfieldsketch,(page14,repeated

below).Theboxdrainsconvergedatasinglepointontheshorewhereacommon

drainfedintoatunnelleadingtoawell.

Theboxdrainswerecoveredwithlayersofeelgrassandcoconutfiber,on

topofwhichathicklayerofsandwouldbelaid.Thepurposeofthesandwasto

capturethesaltcontentoftheseawater,leavingbrackishremainstofilterthrough

theeelgrassandcoconutfibersandintotheboxdrains,henceintothewellwhereit

wouldbepumpedout.

RobertDunfield’sFieldSketchofSmithCove

Afterseveralrepeatedtidecyclesthesalt-soakedsandiscartedtotheempty

wellanddumpedin.Pureseawaterwouldthenbeallowedtoenterthewellthrough

theboxdrains.Thisseawaterwouldabsorbthesaltconcentratedinthesand,

addingthattoitsownsalinecontent.Thehigh-salinewaterwouldthenbedrawn

fromthewellandboiledinlargepansuntilevaporationleftonlysaltcrystalstobe

harvested.

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KingfindsthatseveralfeaturesoftheSmith’sCoveworksfitthisdescription.

First,OakIslandhadtimbertoburnasfuelfortheboiling-offofwater.Second,in

1965RobertDunfieldfoundawellontheshoreneartheboxdrains,butbecauseit

wasonly24-feetdeepanddidn’tconnecttoanyfloodtunnelshedisregardedit.43

Third,itwaswidelyreportedbyseveralexpeditionsthattheboxdrainswere

coveredwitheelgrassandcoconutfiberswiththeprobableintentionoffiltering

watergoingintothem,thoughnobodyunderstoodthattheunderlyingpurposewas

notjusttofilterwatergoinginbuttoleavesaltbehindinthesand.

Finally,in1969Blankenshipfoundanoddpan-shaped“U-shaped”)structure

buriedtwofeetdownabout150feetsouthofthecenterofSmith’sCovebeach.It

wasmadeofstonescementedtogether,itshowedsignsofintenseheat,piecesof

charcoalwerefoundatthesite,andthestoneshadareddishcolor—acharacteristic

ofsimilarstonesaltwater-boilingsitesinEngland.

SowehavetwocompletelynaturalargumentsforthefindingsatOakIsland.

Thefirst—shipyardactivity—isconsistentwiththenauticalnatureofmanyofthe

artifacts,andwiththediscoveryintheswampofitemsapparentlyrelatedtoship

construction.Thisexplanationrequiresapitlikeadeeppit(theMoneyPit?)and

floodtunnels.Thesecondexplanation—saltproduction—requiresneitherpitnor

floodtunnels;itonlyrequirestheartificialsandbeach,boxdrainscoveredwith

sand,ashorttunneltoawell,andapan-likestructureforboilingconcentrated

seawater—allofwhichhavebeenfound.

Takeyourpick,orfindanotherexplanation.

43SeeDunfield’sfieldsketch.ThewelltowhichKingrefersisjustinsidetheshorelineandwellabovehightide.Itislabeledasa“drain”24feetdeep.

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Appendix1TheEconomicsofOakIsland

ThisAppendixconsidersthecostsandpotentialvalueofOakIsland’streasurehunt—whatmightbethemonetaryvalueofthetreasureshoulditexist?Howmuchhasbeenspentoneffortstofindthetreasure?Theseareallquestionsthathavenofirmanswers—anyanswerdependsontheassumptionsmadeand,mostimportantly,onhowgapsindataarefilledin.

Theeasiestquestionisthevalueofthetreasure.Thecorrectansweris,nothing,unlessitisfound.ButhowmanydollarsmightlieunderthesurfaceofOakIsland.Obviously,thatdependsonwhatisthere—isittheuncountabletreasureoftheKnightsTemplar,theoriginalmanuscriptsofShakespeare,ortheFrenchCrownJewels?Let’ssupposeitiswhatthe90-footstoneispurportedtosay:Twomillionpoundssterlingandthatthe£2,000,000isvaluedatthepriceofgoldintheyear1800.Between1800and2015thesterlingpriceofgoldrose171-fold,from£4.26perounceto£730,sothesterlingvalueofthetreasurein2015wouldbe£342millionor$505millionattheyear-end2015exchangerateof$1.48per£.So,asaroughestimate,theunfoundtreasuremightnowbeworthabouthalfabilliondollars!

HowmuchhasbeenfruitlesslyspentovertheyearstonotfindanOakIslandtreasure?Unfortunatelythisisafarmoredifficultcalculation.Toansweritweneedbothanaccurateyear-by-yearstatementofexpensesandanaccuraterecordofannualpricelevelstoassurethatallcalculationsareindollarsofthesameyear.Tomyknowledge,therehasbeennothoroughinvestigationofthebooksofthevariouscompanies,anditseemsunlikelythatthebookswouldaccuratelymeasurethecosts—uncompensatedworkers(FranklinRoosevelt,RobertDunfieldandRobertRestallcometomind)providedfreeorcontingentservices,expensesmighthavebeeninflatedfortaxadvantages,andequipmentusedmighthavebeenprovidedonacontingencybasis.Wedon’thaveanyyear-by-yearexpenseestimates,nordoweevenknowthegeneralshapeovertimeoftheactualamountsspent.

Yetanotherproblemisthattheamountsspentinanyyearwereinthatyear’sdollarswhileinflationanddeflationchangedthemeaningofadollar.Inthechartbelow,thelineexceeds1.0whenthedollarhasappreciatedvis-à-visthe1800dollar—thatis,whentherehasbeendeflationsince1800;thelineisbelow1.0whentherehasbeendollardepreciation(inflationvis-à-vis1800;inshort:onthechart“up”isdeflation,“down”isinflation.

Fortheentireperiod1800-1919priceswerelowerthanin1800andthedollar’spurchasingpowerappreciated.Forexample,in1896—theyearofWilliamJenningsBryan’sCrossofGoldspeechabouttheGoldStandard’sresponsibilityforchronicdeflation,adollarhadtwicethepurchasingpowerofone1800dollar.Thisreversedafter1945withtheadventofchronicinflationdue,inpart,tofiatmoney.By2015thepurchasingpowerofadollarwaslessthantenpercentofits1800purchasingpower.

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In1966RobertDunfield—themanwiththebulldozerwhoarrivedtowork

withRobertRestallin1965—estimatedthehistoricalcostsofOakIslandexplorationtodateat$1.75million.44Asaroughguess,I’lldoublethattoaccountfortheunquantifiedbutexpansiveworkoftheTritonAlliancefrom1969to2010.

ThisleavestheexpensesoftheBlankenship-LaginaOakIslandTours,Inc.tocompleteaninitialestimateofOakIslandcosts.Thereisnopublicrecordforthoseexpenses,buthavingseenonTheCursethemassiveequipmentthey’veusedliberallyforfourseasons,I’dbesurprisedifthey’vespentlessthan$3million.Solet’stake$6.5millionasaback-of-the-envelopeguessattotalspendingonOakIslandsince1800.

Thenextquestionis,“Howwasthatallocatedamongthe216yearsfrom1800through2015?”Again,wedon’tknow.Butlet’sconsidertwoapproaches.Thefirstisalinearapproach:assumeconstantannualspending—thereforelinearlyincreasingtotalspending.Thishasfatalflaws:theimpliedaverageannualspendingis$30,100,whichmustseriouslyoverstateannualspendingintheearlyyearsandbadlyunderstatespendinginlateryears.Sowhenaninflationadjustmentismade,thiswillseriouslyoverstateexplorationcostsin2015dollars.

Thesecondapproachistoassumethatspendingincreasedexponentiallyfollowingthesimpleequationa0bt2:a0isthefirstyear(1800)costandbisaparametermeasuringtherateofcostacceleration:wecaninterpretbasb=1+r,whereristheannualrateofincreaseincosts.

ToimplementtheexponentialapproachIassumethatyear1800spendingwas$200.i.e.a0=200.ThenIsearchforthevalueofbthatmakesthetotalcostover1800-2015sumto$6.5million,theestimatedtotalcostover1800-2015.The

44See[I6/dunfield-calls-halt-march-22-year-unknown.Dunfieldclaimedthathehadspent$120,000in1965-66.IassumethatwasincludedinDunfield’s$1.75billionestimate.

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resultingvalueofbis1.0328,meaningthatannualdollarspendingincreasedata3.28percentannualrate.Thisisasurprisinglysensibleestimate:theactualaveragerateofannualinflationfrom1800to2015was1.23percent,soa3.28percentaverageannualincreaseindollarspendingimpliesa2.05percentincreaseinrealspendingatOakIsland.

Theannualspendingthuscalculatedisinthedollarsofeachyear,sotoderivetotalspendingin2015dollarswemustadjustthoseannualspendingamountsbypriceinflationbetweentheeachspendingyearand2015.Forexample,if1864spendingis,say,$1,579(asoursimulation“predicts”)wemultiplythatbytheratioofthe2015priceleveltothe1864pricelevel(15.1)toget$23,843for1864spendingin2015dollars.ForthisfinalstepweusehistoricalpricedatafortheConsumerPriceIndexfrom1800-2015,madeavailablebytheFederalReserveBankofMinneapolis.45

Theresult:acrudeestimateoftotalspendingontheOakIslandTreasureHuntfromthebeginningthrough2015is$25,500,000in2016dollars.

45Ofcourse,theCPIdoesn’treallygobackthatfar.ThedatausedforearlyyearsareotherpriceindexesthathavebeensplicedtotheCPIdata.

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Appendix2

MonetaryWeightsandMeasures*

1TroyOunceofGold 31.1034768grams1CommonOunceofGold 28.3495231grams1TroyOunce 1.42857CommonOunces1CommonOunce 0.911458TroyOunces1TroyOunce,Gold CubicInches1CommonOunce,Gold .0897CubicInches1CubicInch,Gold 11.14CommonOunces1TroyOunce,Gold £4.26=$19.39(1800average) £796=$1,170(year-end2015)1PoundSterling $4.55(1800average) $1.47(year-end2015)*Inthistablea“common”unit(forexample,a“commonounce”)istheavoirdupoisunitcommonlyused;thereare0.7commonouncesforonetroyounce.Goldunitsaretypicallymeasuredintroyounces.

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ReferencesBooks[B1]Kurlansky,Mark.2002.Salt:AWorldHistory,PenguinBooks,NewYork.[B2]Connor,D’Arcy.TheBigDig,BallantineBooks,1988.[B3]Sullivan,Randall.2017.“TheCurseofOakIsland,”AtlanticMonthlyPress,NewYork.ArticlesandPapers[A1]Amundson,Petter.2003.“ABriefSynopsisonMyTheoriesontheMegalithicPatternonOakIsland,NovaScotia,”mimeograph,May.[A2]Bowdoin,H.L.1911.“SolvingtheMysteryofOakIsland,”Collier’sMagazine,volume47,June-Sept.[A3]Chipello,Christopher.2005.“Only‘Treasure’onNovaScotiaIslandMayBeLand,”WallStreetJournal,RealEstate,Aug.31.[A4]Doyle,LynnC.”NovaScotia’sTreasureIsland”McLeansMagazine,1June1931.[A5]Macdonald,David.1965.“OakIsland’sMysterious‘MoneyPit,’”Reader’sDigest,condensedfromTheRotarian,January1965.[A6]McCully,J.B.1862.“TheOakIslandDiggings,”Liverpool(NS)Transcript,October.Availableat[I2/diggings.shtml][A7]Preston,Douglas.1988.“DeathTrapDefiesTreasureSeekersforTwoCenturies,”SmithsonianMagazine,June1988.[A8]WoodsHoleOceanographicInstitute.1996.“OakIslandHydrogeology,Hydrography,andMorphology,”July-August1995FieldObservations.

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Internet[I1]Hancock,K.andD.Crowell,www.oakislandcompendium.ca/blockhouse-blog/[I2]Johnson,Laverne.1999.“Revealed:TheOakIslandTreasure,”Benell-AtkinsPrinters,Vancouver.Availableatwww.freemasonry.bcy.ca/oakisland.[I3]Joules,Richard.www.criticalenquiry.org/oakisland/[I4]MacPhie,Les.www.oakislandcompendium.ca/les-macphie-archives.html[I5]Polsson,Kenneth.www.compendium.com/oakisland[I6]Troutman,Paul.www.oakislandbook.com/wp-content/uploads