engIccCs2ALVS-13 : S2818383 : 4.3.13 : English 9 final draft EM Eric Martirossian Wed 7/22/2015 7:21 PM To: Danielle McHugh; CLASSROOM: English 9 Common Core Sem 2 (S2818383) [**8288797-1855324224**] ACTIVITY: 4.3.13 PRJ: Revision Strategies: Development, Part 3 POINTS POSSIBLE: 40 SCORE AWARDED: DUE DATE: 7/21/2015 In 1897, Prescott Ford Jernegan, along with his partner Charles Fisher, came to Lubec, Maine and informed its citizens he had an incredible invention. He claimed to own a machine that could extract gold from saltwater, which was everywhere, as Lubec is a coastal town. A number of investors, possibly in the thousands, donated money to the pair of con men and they established a company that they called the Electrolytic Marine Salts Company. Boxes were placed in the water and Fisher would dive underwater during the night and place small amounts of gold in each one, giving the illusion that they were working. Jernegan and Fisher fled on July 29, 1897, and Fisher was never heard from again. Jernegan eventually revealed himself and gave back some of the money he had stolen, though he was never prosecuted. …show more content…
Prescott and Charles both haf a machine that can extract gold from saltwater and that is how they made a company called Electrolytic Marine Salts Company. This company at that time was very big because they sold the gold very expensive and made a lot of profit because they were fake and they spend very little on making it. This kind of Hoax is called a fraud according to the
Allround has many advantages over its competition in the industry, including higher brand awareness, highest market share, lower fixed costs, and a relatively high conversion ratio. A market survey detailed in Exhibit 1.5 of the case shows that the Allround Brand has brand
Their way in was through Abel Corbin, President Grants brother-in-law. For a payment of 1.5 million dollars, Corbin agreed to help with the scheme. They wanted to take over the United States treasury and control everything. Gould’s idea was that if the treasury didn’t sell any gold the price could go from $130 to $150 and this would help the economy. President Grant, by this time, was part of the scheme. He was not fully aware of everything going on but he knew enough. Grant had realized that Gould made a bribe attempt and was outraged by it. This led Gould to realize that his plan may have been falling apart. He figured the only way out before the collapse of the market was to betray his partner. So he did what he felt he could do to save himself. Soon after this the price collapsed into the $130’s and continued to mumble. More and more men were becoming poor at the gold exchange.
Edward Hargraves met John Lister and the brothers William and James Tom, teaching them how to ‘pan’ and ‘cradle’ for gold. Lister and the Tom brothers, meanwhile, continued the search and on 7 April 1851 found four ounces of gold downstream of the original find. The trio sent word to Hargraves, who hastily returned to verify their discovery. With the payable gold in his hand, he left for Sydney once again to pursue his claim. While Hargraves could afford to live and travel in style, he failed to share the reward with the men who actually found the gold. Understandably, it led to a long a bitter dispute, which played out over several decades before their in part in the discovery was formally recognized. Finally, in 1891, a NSW Parliament Select
Foods such as cheese included in the product will have to be chosen offering longer shelf lives;
Not long after the gold was discovered, Sam Brannan rode from Sutter's Fort and started shouting in the middle of the street, "Gold! Gold! Gold from the American River!" His proclamation started a stampede and fever for gold that nearly depopulated the city. People from different places came in search of gold, they left their farms, trading posts, and even deserted ships.
work that was necessary to retrieve the gold was incredible.", and "merchents and profiteers who took
In 1799, an event occurred in the southern Piedmont that made North Carolina a very desirable place to live-the discovery of gold! Long ago a stone/rock was found in Cabarrus County, North Carolina by Conrad Reed at Little Meadow Creek. The Conrad family who found this rock didn’t know what it was or who it belonged to or neither did they know what it was made out of. The family looked at the rock and found out it was a seventeen pound rock made of gold but now called a golden nugget. After all, they found more gold that came from the creek eventually this made the Conrad’s family and father wealthy and rich. Soon gold was being found in neighboring counties Montgomery, Stanly, Mecklenburg, Rowan, and Union and people was anxious to find gold
With the discovery of gold in 1848 the west saw an enormous surge of migrants coming to excavate gold. Excavating gold however comes with its own risks and challenges that the prospectors would have to face if they wanted to find gold, one of these challenges being that men left their families in search of gold. “Then the people commenced rushing up from San Francisco and other parts of California, in May, 1848: in the former village only five men were left to take care of the women and
2008, p. 8), then resold them further along the coast, using the proceeds to buy gold.
These two lucrative thought up a genius way to make huge profits with little risk to themselves. Their plan was to buy up a majority of the gold in circulation, cause the price of gold to go through the roof, then sell it off for massive profits. To pull it off, Gould enlisted the help of President Ulysses S. Grant's brother-in-law, Abel Corbin. Gould and Fisk met with Grant through Corbin's help numerous times. Their goal was to convince Grant to put a hold on government sale gold, because if people noticed that the price of gold was going up because of the lack of it on the market, the government could change that in an instant by flooding the market with gold, in turn ruining Gould and Fisk's plan. They effectively got their hands on control of the governments gold by convincing Grant to hire Daniel Butterfield as assistant Treasurer of the United States. Butterfield agreed to warn Gould and Fisk if the government was planning to sell gold in return for money. Finally, Gould and Fisk had all the pieces of their plan assembled. Now it was time for action. Together, Gould and Fisk started buying as much gold as they could. Combined they bought about 75% of the gold on the market. On September 20, 1869 gold prices rose 20%, causing huge ripples in the financial world. Everybody was unprepared for the sudden rise in prices and many firms
In the article "Ship of Gold" by Scholastic, it talks about how a ship crashed and people wanted the treasure. The article talks about how during the Gold Rush everyone was rushing to find the gold. The article states that "Thousands of people had flocked to California in hopes of getting the gold during the Gold Rush that began in 1848" (Ship of Gold 19). Many people went to find that gold which proves that during the Gold Rush everyone was greedy and that there was tons of gold. Many years later after the Gold Rush a determined man named Tommy Thompson found the gold. The article writes "As Nemo's bright light shone upon the wreckage, those watching from above gasped" (Ship of Gold 20). The bright light on Nemo that showed all the wreckage
There was many challenges individuals faced such as harsh punishments for stealing a miner’s gold, or someone else’s gold. If a miner’s piece of gold was stolen or someone decided to claim the miner’s gold then that person would
With this in mind, Von Kempelen’s means of producing the gold was “[...] in a paper parcel, in his coat pocket, containing what was afterwards ascertained to be a mixture of antimony and some unknown substance” (Poe 1362). In learning that Von Kempelen does not reveal what was in the letter leaves the readers in this state of questioning and unreliability. Although it is known that “pure gold can be made at will...in connection with certain other substances, in kind and in proportions, unknown” this uncertainty reduces interest in alchemy and influences the people in his time to resort to California for the possession of gold (Poe 1364). As a result, the distrust towards alchemy questions the scientists’ validity of their works which doubts their intuition and
Every business has its strength, weakness, opportunities and threats. These days most of the businesses do SWOT analysis for improvement. I work at a leading pharmacy in Newark, so I decided to do a SWOT analysis on it. This pharmacy started business in 2012. I chose this business because it is the ideal business to do the SWOT analysis on, as it has its advantages and disadvantages. The SWOT analysis allowed me to find all the flaws as well as advantages of the pharmacy as well as ways to improve and to protect it from threats. If a business has many weaknesses, the SWOT analysis can help the workers and owners of the business become aware of it and can allow them to improve the business. So no harm or disadvantages come from doing the SWOT analysis.
After looking at Alothaim’s history , background , and strategies , that helped to conduct a SWOT analysis to state some recommendations in order to improve Alothaim’s ways of operating and try to be a step before their competitors in the market.