William Phips and the Money Pit

Previous posts in this blog have commented on the traditional biographical and historical accounts of the life of William Phips (born 1650/1) of Maine and Massachusetts, who became colonial governor of Massachusetts Bay.

This blog has raised the objection that those accounts almost certainly present an extremely flawed view of his life. Reading between the lines, the ridiculously inane bios of Sir William Phips seem to clearly scream out that this was a man with something to hide.

Part of what was hidden might be revealed in a fascinating article headed “William Phips” in the Oak Island Treasure site. Not only does that article provide details not generally told of his salvage of the sunken wreck in the Caribbean, but the article also potentially but credibly links Phips with the well-known “Money Pit” of Oak Island off Nova Scotia.

The money pit was constructed like a machine which could yield up its treasure to those who understood its structure. It could also thwart treasure recovery efforts by those who did not understand how it works.


The basic way in which the Money Pit is designed to work is actually fairly simple. It’s possible, however, to at least partly destroy the function of the Money Pit, if one tries to extract treasure from it without understanding the design, which is what seems to have occurred.

The article’s report of historical records showing up in the same vicinity as the Money Pit and pertaining to Phips are certainly intriguing. Those records are dated to about 60 years after Phips died, and are accompanied by the notation that the records should be burned after reading.

The court intrigue in the article should be of great interest, but one has to wonder what other secrets about this man still remain hidden. One is also reminded of the family legend among descendants of Samuel Phipps of Ashe County, North Carolina, which has Samuel descended from an immigrant who, in a fight, killed someone of importance in England.

Perhaps that didn’t involve William but, if it occurred, it involved the Phips family and high levels of British society, with the same sort of intrigue. In general, this appears to be a family full of secrets.


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