Oak Island Money Pit
One summer day in 1795 Daniel McGinnis, then a teenager, was wandering about Oak Island, Nova Scotia when he came across a curious circular depression in the ground. Standing over this depression was a tree whose branches had been cut in a way which looked like it had been used as a pulley. Having heard tales of pirates in the area he decided to return home to get friends and return later to investigate the hole.
Over the next several days McGinnis, along with friends John Smith and Anthony Vaughan, worked the hole. What they found astonished them. Two feet below the surface they came across of layer of flagstones covering the pit. At 10 feet down they ran into a layer of oak logs spanning the pit. Again at 20 feet and 30 feet they found the same thing, a layer of logs. Not being able to continue alone from here, they went home, but with plans of returning to search more.
It took the three discoverers 8 years, but they did return. Along with The Onslow Company, formed for the purpose of the search, they began digging again. They quickly got back to 30 foot point that had been reached 8 years ago. They continued down to 90 feet, finding a layer of oak logs at every 10 foot interval. Besides the boards, at 40 feet a layer of charcoal was found, at 50 feet a layer of putty, and at 60 feet a layer of coconut fiber.
At 90 feet one of the most puzzling clues was found - a stone inscribed with mysterious writing: “Forty feet below, two million pounds lie buried.” The huge disappointment was that in fact the mine is just a small part of the hydraulic engineering complex, which was connected to the other drainage tunnels. For several years, the partners separated the mine from the rest of the system by blocking the tunnels.
According to the information from the diary of one of the treasure hunters, an oak barrel was raised from the mine to the surface. And after that no more records were made. It was known only about Anthony Vaughan, who lived in London and was the owner of huge estates in Canada and England.