Swift's
Workmen At Mine
Pledged To Secrecy
By Dan Graybeal
John
Swift s trouble-plagued company
departed Munday s house on May 6,
1769,
and went by Ingle s Ferry, on the
New River,
through the Big Gap arriving at the
mines on June 24, 1769.
The
pack train was large and progress
was slow. The Indians were becoming
more
hostile and the workers were becoming
more
afraid. They decided to close up the
affairs of
the company and quit the operation.
All the
workmen were pledged to secrecy and
paid
sevenfold the agreed wage.
Swift
wrote, "That it came up to us to
settle what was to be done, and seeing
that we
prospered beyond our expectations,
and had
gathered great riches and the hard
life had taken its toll on the physical and
mental
strength of the men, we decided to
abandon the
hard life to the present and return
later to carry
out the great riches hidden in the
great cavern
of the Shawnees."Barrels
of gold and silver had been
stored in a room of the cave and walled
up and
sealed. Swift only spoke of gold one
time. He
wrote that the treasure may remain
here until
their return or "be hid for all eternity."
Only
a few in the company knew the
location of the cache. This cave was
supposed
to be near the mines, passing from
one side of
the mountain to the other. Legend
has it that
the Shawnee attacked a Cherokee campsite
in
the vicinity of the cave. The Cherokees
being
out-numbered sequestered the women
and
children into and through the cave
avoiding a
bloody massacre of the village. There
are a number of caves in the
region but pinpointing this particular
cave is
most difficult. It is likely this
cave was near
the upper mines. On September
1, 1769, they left
between $20,000 and $30,000 in English
crowns on a large creek running near
a south
course. They marked their names on
a large beech tree with symbols of a compass,
trowel
and square. Such a symbol was supposed
to have been found in Wolfe Co., KY.
Swift
listed four occasions where they
buried prizes of treasure amounting
to several
thousand dollars at four separate
locations.
The description in the journal is
ambiguous.
Since markings were placed on trees
which
probably have long since been felled,
there can
be little advantage in listing the
details of these
caches. Some of this treasure could
have been
found and used by early counterfeiters.
Around
1910, a Mr. Nelson, a resident
of Tazewell Co.; was arraigned in
federal court
in Charleston, WV for counterfeiting
silver
dollars. His defense lawyer Bill Payne
had
some of the coins assayed. The analysis
showed that Nelson was putting $1.23
worth
of silver in each silver dollar.
With
this as a defense, the judge
reduced the charge of counterfeiting
to a lesser
charge of illegally making money.
Nelson was placed on probation with a warning
to cease
making money. Shortly after the trial,
Payne
bought a farm valued at approximately
one-
quarter of a million dollars by today
s standards. He paid cash for the farm
and many
wondered where ht got his money since
he was
one of the less fortunate attorneys
in the area.
Could
Nelson have found one of
Swift s buried treasures? The daughter
of Mr.
Nelson told the author s father that
she had
often pumped the bellows of the forge
so that
her father could melt the silver for
coining. In the
mid-thirties, a man by the name
of Moore who lived in Harlan Co.,
KY, was
convicted and sentenced in federal
court in
Abingdon, for counterfeiting silver
dollars.
What could of been the source of the
silver he
used?
From
The Dickenson Star,
Thursday, April 6, 1989.
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