Just Prior to the war of 1812 American Captain's were afforded Letters of Marque by Thomas Jefferson. The most notorious of these sailed from Baltimore harbor after receiving their letter of marque from the Philadelphia Courts. Peter Karthaus owned several of these ships including the Comet which was Captained by Thomas Boyle; "Captain Thomas" was one of the most notorious privateers claiming capture of nearly 80 vessels. After the wars end this consortium of men relocated to Pennsylvania bringing their "financial affluence" with them. Captain Thomas was said to have brought over $5,000,000 in silver bars into the area in North Central Pa. burying it for safe keeping before returning to a life of Privateering. Peter Karthaus remained in the area starting several businesses and had an entire township named after him. These guys had millions of dollars in silver and gold with them in an area without banks. To put all of this into perspective....a "good" pirate would capture 3-5 ships a year......these guys were capturing over 30 a year. Do you think that they had some money to hide?
Posted on: May 04, 2012, 11:17:29 PM
The facts surrounding these men have been related as "Blackbeard's Treasure in Pennsylvania" by Francis Scully. I have researched this story for nearly 50 years and have pieced together who these men were, where the money came from and what happened to at least a portion of it. You'll be searching in the area of Gardeau, Pa if you choose to look for this one. If you're serious about searching for this cache, I have a lot of information on it that includes maps and photographs of the area, information on Col.Noah Parker and an eyewitness account of what is inside of his tomb. I know where the Parker Hotel (Mineral Spa) was and the mineral spring that he drilled after he found some of Captain Thomas' silver. Contact me if you need more information.
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H.Charles Beil received a degree in History from Duquesne University in 1977; studied historical geology, archeology and oceanography under Skinner and other world renowned geologists and archeologists and has been an avid treasure hunter for nearly 50 years.
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