Another treasure-hunting hopeful was Erwin Hamilton who arrived on the island in 1938. When he started drilling in 1939, he came across two interesting discoveries. About 190 feet down the Money Pit, he found some intriguing rocks and gravel. Upon checking them, Hamilton realized that they were foreign and that they had been placed there intentionally.
His next discovery was an odd layer of natural limestone that contained some oak splinters. As such, he believed that a layer of wood existed underneath the limestone layer. Hamilton was thrilled with his findings but reached an impasse.
A Businessman's Attempt
In 1928, a New York businessman, Gilbert Hedden, got captivated by the strangeness of the mystery following the island after reading an article about it. As an operator of a steel fabricating firm, he was curious about the engineering issues that the previous explorers encountered.
Determined to apply his engineering skills and, of course, try his luck in finding the controversial treasure, he arrived on the island with his business partner, Fred Blair. They drilled some of the shafts and discovered something more intriguing than had ever been found before. Could this pair be the key to solving the mystery?
Gilbert Hedden and Fred Blair’s decision to take on Oak Island did not disappoint them, as they became the first witnesses to the island’s newest revelations. What the pair discovered was a stone with markings almost the same as the one that was discovered in 1804 in the Money Pit. Later on, they found some old timber at Smith’s Cove that appeared to be the exact material that was used when the pit was initially built.
What the pair discovered was a stone with markings almost the same as the one that was discovered in 1804 in the Money Pit. Later on, they found some old timber at Smith’s Cove that appeared to be the exact material that was used when the pit was initially built.
The next person who wanted to come in and examine the island was Robert Restall, who, like the past explorers, was hopeful when he started his mission. Restall arrived on the island in 1959 and discovered a stone with “1704” engraved on it.
However, a horrific tragedy ended his mission and his life. Having just transferred his family onto Oak Island to allow him the freedom to pursue his expedition, Restall inhaled carbon monoxide from an engine which left him to fall, unconscious, down the Money pit.
As if this story wasn't terrible enough, Robert Restall Jr. was there, and he witnessed his father’s fall. He rushed to the pit and tried to rescue him, not knowing he will soon suffer the same fate as his father.
The son inhaled the same toxic fumes that caused his father to plummet down the pit. Once he did, Restall Jr. fell to the same tragic fate.