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Civil War gold hoax

From Wikipedia, the free encyclopedia

The Civil War Gold Hoax was an 1864 hoax perpetrated by two American journalists to exploit the financial situation during the American Civil War.

On May 18, 1864, two New York City newspapers, the New York World and the New York Journal of Commerce, published a story that President Abraham Lincoln had issued a proclamation of conscription of 400,000 more men into the Union army. At the time, there were fierce battles taking place between Union and Confederate troops in Virginia and the public took it to mean that the war was not going well for the Union. Share prices fell on the New York Stock Exchange when investors began to buy gold, and its value increased 10%.

During the day a number of people -- one of them former Union commander General George McClellan -- became suspicious of the fact that the proclamation had been published in just two newspapers, and went to the offices of the Journal to determine the source. Editors of the paper showed them an Associated Press dispatch they had received early in the morning.

Before noon, the Associated Press issued a statement that the dispatch had not come from them, and at 12.30 p.m. the State Department in Washington DC sent a telegram to verify that the proclamation was "an absolute forgery". By then, however, the stock market had already been affected.

Further investigation revealed that the dispatches had been delivered by a young courier just after the night editors had gone home. The timing had been perfect: the night foreman had had to make a decision as to whether to include the proclamation in the next day's paper or not. Night foremen in various other newspapers had tried to verify the message, and when they found out that not every paper had received the message, they decided to delay it pending further proof. Only foremen for the World and Journal of Commerce had added it.

President Lincoln was enraged when he heard about the case: he gave an order to close the two papers down and had their editors arrested for suspicion of complicity. Soldiers seized the two offices and, for some reason, the office of the Independent Telegraph Line. Lincoln eventually had the editors released.

Detectives tracked down the culprits. They found the messengers and questioned them. On May 21 they arrested Francis Mallison, a reporter for the Brooklyn Eagle who informed on his city editor Joseph Howard, Jr., who was also arrested. Howard came quietly and confessed.

Howard had bought gold on margin May 17, and started the ruse because he knew that any news of a prolongation of the war would cause a rise in the price of gold when investors wanted to transfer their savings elsewhere. He had forged the two AP dispatches, and sent them to various city newspapers in an appropriate time. The next day, during the furor, he had sold his investment and profited immensely.

Howard spent only three months in prison and was released on August 22, 1864. With perfect irony, at that time Lincoln had to issue a call for 500,000 more soldiers.

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Whether you're a believer or a skeptic, you have to admit that Ghost Adventures is pretty darn entertaining. Yet, there's more to this series than just investigating creepy, abandoned areas with extensive paranormal histories. So let's investigate the untold truths behind the guys of Ghost Adventures. The cast and crew of the show caught some flak following the October 30, 2009 episode of Ghost Adventures Live. Filmed at the Trans-Allegheny Lunatic Asylum, the special featured guest investigator Robert Bess, who claimed that a spirit violently knocked an electromagnetic field (EMF) meter out of his hand. Problem is, that's not what happened, and it was quickly debunked. Bess actually hurled the EMF meter himself. As a result of the online backlash, hosts Zak Bagans and Nick Groff said later that there was, in fact, no "real" paranormal reason for the EMF to have been thrown. Host Zak Bagans said: "After we've finally been able to analyze the video footage here at our office...we have concluded in our professional opinion that…we do not believe at all that any paranormal activity has anything to do with this EMF detector leaving his hand." Zak's spooky collectible Whether you love or hate Zak "the Ghost Bro" Bagans' style, he puts his money where his paranormal-loving mouth is, whether cameras are rolling or not. In August 2015, Bagans plunked down $32,000 for a van that belonged to Dr. Jack Kevorkian, who notoriously assisted with the suicides of 130 confirmed patients. Bagans says that he doesn't plan on using the vehicle for Ghost Adventures, but he does intend on investigating the van. He told The New York Daily News: "I want to have it to show recognition to these people and the energy they had at the time of their death. I can't wait to get it and see what I feel off of it…It called out to me." That's one heck of a collectible, bro. The macabre extends to their real lives Reality can be a lot scarier than any haunted house. Paranormal investigators Mark and Debbie Constantino were featured on Ghost Adventures, and now may be featured posthumously on a true crime series. KRNV-TV reports that the couple had a long, dark history of domestic violence. That history came to a tragic head in September 2015, when Mark killed Debbie, as well as himself, after an extensive SWAT team lockdown. Too scary, even for them Bagans purchased a Gary, Indiana home in 2014 after reports that the family living within it were terrorized by demons. These reports were backed up by claims from child protective services, who also witnessed the creepy activity. Problem was, the house was actually too scary, even for Bagans. TMZ reports that while filming a documentary in the home, Bagans felt "dark energy" and claimed "the demons were the real deal." Bagans tried exorcising the house but said his attempts failed. Believing the house was actually a portal to Hell, Bagans paid to have the house demolished in 2016, and even had the rubble stored in a sealed facility so no paranormal energy could escape from it and affect anyone nearby. Phew. Thanks for watching! Subscribe to our YouTube channel to see more videos like the one you just saw. And leave us a comment to tell us what Ghost Adventures facts surprised you the most...

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This page was last edited on 5 August 2017, at 18:43
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