In 1686, Sir William Phips discovered and salvaged a Caribbean shipwreck holding more than 30 tons of silver. The treasure was worth many millions of dollars in today’s terms. And he did it more than 250 years before the birth of modern scuba gear. His success was so influential that his investment group was considered a successful example of how a joint stock company could work (and these suddenly became more widespread just afterwards). A few years later, this same model was used for the formation of the Bank of England, which continued to be owned by private investors until the mid-20th century.
That experience alone should be enough to get someone into the history books. But the interesting life of Sir William Phips (sometimes spelled as Phipps) did not stop there. As a general for the Massachusetts Bay colony, Phips launched two attacks against French Canadian cities; the first was successful, but the battle he launched against Quebec was a total failure. Massachusetts spent so much money in attacking Quebec that it went into debt and had to issue the first paper money in any British colony.
Somehow, Phips was still appointed as Governor of Massachusetts Bay. Notably, he served as governor during the Salem witch trials. A wave of mass hysteria, fueled by the Puritan-dominated church at the time, swept Massachusetts, resulting in 150 people being tried for witchcraft and demonic possession. Initially tolerating this delusion, Phips eventually shut down the tribunals and pardoned those who had been accused or imprisoned as witches.
Let’s take a closer look at the highlights of this guy’s amazing life.
The Treasure Hunter
As a young man, William Phips worked as a shepherd and then a shipbuilder in Maine and Boston. He became lumber-trading captain of a small ship and began to take it to the Bahamas to search for treasure from Spanish shipwrecks. There was a lot of gold and silver down there, which Spanish ships had hauled from the mines of Mexico and South America back towards Europe (some ships never made it that far). Apparently, Phips found enough treasure to impress his investors and he developed a reputation.
Also impressed was Sir John Narborough, commissioner of the Royal Navy. On a visit to England, Narborough secured Phips a meeting with King Charles II. He also gained the support of Admiral Samuel Pepys (who is better known for his famous diary). William Phips came away with the captaincy of a Navy vessel, which had orders to help maintain political order in Boston and then to head south to seek treasure. Without having much luck in the Bahamas, the vessel went to Jamaica and then to the coast of Hispaniola (modern day Dominican Republic & Haiti). There, Phips traced down reports of a shipwrecked Spanish galleon.
1600s painting of a Spanish galleon by Cornelius Verbeeck. Public Domain.
By then, he needed a new ship. With the help of Narborough, after another trip to England, Phips assembled a group of investors that included the Duke of Albemarle. He obtained the use of two large ships and outfitted them with the equipment he needed. Historians agree that Phips knew exactly where he was going for this expedition. Narborough definitely had become obsessed with treasure hunting himself and they may have sold their investors on the fact that Phips had pinpointed the wreck location already. To act as cover, he purchased a quantity of goods for his ships, appearing in Samana Bay, Hispaniola with merchandise to trade, so that no one would suspect his true purpose there.
Silver Bank in the Caribbean Ocean. Source: aggressor.com.
1600s Spanish silver. Source: newworldtreasures.com.
Captain Phips hired native freedivers. Some accounts say that they used diving bells also. To prevent a mutiny, he offered shares to each crewmember rather than their typical wages. They searched an area just offshore called Ambrosia Bank (now known as Silver Bank, for good reason) and soon located the cannons and debris from a Spanish shipwreck. The Nuestra Senora de la Concepcion had gone down in those waters in 1641, about 45 years earlier. Over the next few months, they recovered 34 tons of treasure from the site, including silver coins, silver bullion, jewelry, doubloons, artifacts, and a little gold. The loot was worth more than 200,000 British pounds, which would be many millions on today’s terms.
Phips was considered a hero. After giving part of the fortune to the crown there, he was knighted in England. The joint stock company, an enterprise he and his investors had used, suddenly became very popular, with many more people registering them in the next few years. Even the Bank of England did so just a few years later. And Phips went back to Massachusetts as one of its wealthiest residents.
The General
Later appointed as an army general for the Massachusetts Bay colony, Phips led an attack against a French Canadian city on the eastern seaboard, Port Royal in Nova Scotia (then part of Acadia). He was hailed as a hero for taking it easily. It probably didn’t hurt that he overwhelmed the 70 soldiers in the ill-prepared French fort with a naval force of seven ships and some 700 men.
When Phips tried to repeat his luck against a larger target, he was not so successful. In 1690, he led Massachusetts in an invasion of Quebec, which turned into an expensive failure. Quebec was France’s base in Canada and the British dearly wanted them evicted from North America. Phips' envoy attempted to get the French to surrender, but they would not.
Overall, Phips’ attack did not go well, partly since the French were ready for it and had fortified the city. First, Phips could not find a pilot with experience to navigate the St. Lawrence River, so getting upriver took much longer than anticipated and they only arrived late in the year as the weather was getting colder. Second, the land-based militia party that was supposed to weaken the city for the ships ran into problems that included smallpox and a lack of supplies; it ended up turning back rather than helping prepare for the battle. Third, the French stood ready when Phips’ ships landed near Quebec, shelling the troops with an onslaught of cannons and repelling the invasion.
The Battle of Quebec was so expensive that Massachusetts went into debt, becoming the first British colony to issue paper money in 1690.
The Governor
When Phips went to England to ask for more support for another attack on Quebec, William and Mary instead made Phips the first royally-appointed governor of Massachusetts. They may have thought that a native born governor would be more palatable in the colony, even if Mother England was not giving it the autonomy that it wanted. During this time, the church and its Puritan ministers (especially the Mathers) held tremendous power in Boston and throughout New England. Phips was not religious, but he had the initial support of the Mathers, and eventually he did convert to Christianity, perhaps as a political decision.
As governor, Phips tolerated and helped enable the delusional Salem witch trials, which followed a wave of mass hysteria over witchcraft and demonic possession that were said to have consumed a large number of souls in colonial Massachusetts. The cases of accused witches (some 150 of them) overwhelmed the court system. Phips participated in setting up a special tribunal. At the very least, history tells us that he tolerated and turned a blind eye to the injustices that were occurring.
Finally, Phips ended up being the leader who shut down the tribunals. Perhaps he was influenced by the fact that they accused his wife of being a witch, which may have been the final straw. He also pardoned everyone who had been accused or convicted of witchery (though he was not able to help those who had been hanged or stoned to death already).
Shortly thereafter, Phips travelled to England again, seeking political support. This time, he was accused of corruption, which was probably a frivolous charge made by an opponent. He died before the date of his trial.
The Big Score
It’s surprising that few people have heard of Sir William Phips. But some experts believe he had another impact on history as well: popularizing the “big score” (acquiring a life-changing fortune in a short period of time). Before he went treasure hunting, Phips had come from a poor background. He was not a member of any privileged class. There was no reason he necessarily should have succeeded in his treasure hunting, but before he left on his expedition, he had told his wife that they would be rich and she would have a big house in the best part of Boston.
Somehow, he became incredibly fortunate, and after discovering wealth, he gained military and then political power. He was famous during his time and it was a time when few people outside the aristocracy had the chance to experience great success. Most people simply worked hard and were not aware of any opportunity to change their stations in life. Historians have argued that Phips’ life story popularized the belief that it was possible for anyone to find fortune and success. Given the stain of the Salem witch trials, I would not say that Phips did everything right, but he sure lived an interesting life.
Sources:
https://en.wikipedia.org/wiki/William_Phips#Governor_of_Massachusetts
https://en.wikipedia.org/wiki/Bank_of_England
http://www.newbostonhistoricalsociety.com/phips.html
https://www.history.com/topics/salem-witch-trials
https://www.americanheritage.com/content/william-phips-and-big-jackpot
Top image: Sir William Phips' envoy demanding the surrender of Quebec (the French governor refused). Most other images are public domain, unless otherwise credited in the text.
Hello Tom! Hope all is well. I have a favor to ask if you would be able to upvote the below post. It is a charity event to raise some funds for school kids from the Philippines. I am personally giving it the most I can and was hoping for some other larger accounts to give a helping hand too. It would be fantastic if you could do the same and/or possibly get in touch with some of your contacts to share some love too. I will also make a separate post tomorrow to give it some more attention. I am upvoting this comment to bring it to the top of this thread for others to see as well and possibly get involved too. Thank you so much for your consideration. Have a great night. Tomas
Introducing Gift In Kind PH | Bringing hope to children through education
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Damn! A man with such a massive profile and I have never heard about him? It's a good thing that you fill us in on history once In a while because dudes like this should never be forgotten. What did he do differently from the rest who have been remembered over time?
Well on a second thought, maybe I never got to know about him because I have never been a fan of history and never did it back when I was in high school.
This is a great piece and i think I have learnt something today from your post like I always have. Your posts are always extremely informative. Reason who I have never regretted following you.
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History in school was all names and dates. I didn't care for it either. Only later did I get interested in the stories, trends, influences, and people that have shaped a lot of the modern world.
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I got interested in History because I had a really engaging (she was a champion public speaker) and also very attractive History teacher. True story.
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That makes a difference. The first time I took a history class in college, the professor swore and was drunk half the time. He was also passionate about the subject matter. Somehow, that caught my attention and got me interested in it also.
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That makes a difference. The first time I took a history class in college, the professor swore and was drunk half the time. He was also passionate about the subject matter. Somehow, that caught my attention and got me interested in it also.
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You should have a look at Practical Idealism from Richard von Coudenhove-Kalergi extremely sharp person in how he explained things and his thoughts about where the future world is going. His core idea was that we will be creating a new aristocracy that will take shape in the new world. That is also where I myself see things going.
English PDF version: http://www.mediafire.com/file/vcpu7j7hakukmde/Coudenhove-Kalergi-Practical-Idealism-English.pdf
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He lived a successful and interesting life indeed and a lucky one if you ask me! 30 tons of silver? that's amazing!
You say he lived a remarkable life even thought he participated in the witch trials but at least he reconsidered it in the end... but I believe this things are what makes us human and make our stories more believable, you have to take into account the good stuff and the bad stuff...
Take George Washington as an example, everyone treats him like a god and a reference for freedom all across the world... but the dude owned slaves, but that doesn't make his accomplishments any less important and shows that even thought we all have good intentions, sometimes good people do bad stuff too and that doesn't make you a terrible person...
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That's true. Aristocrats at that time owned slaves, so we can either accuse them of tolerating a terrible practice or recognize that they lived at a time when the practice was almost universally accepted. I think the good deeds can be admired separately, though the bad things should never be forgotten or ignored.
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Exactly, you are not supposed to ignore or forget the bad things but just because you did something bad, it doesn't mean you are 100% a terrible person.
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really to cool to learn about him @donkeypong . I have the treasure fever myself. I like to go gold mining in Southern CA. I won't get wealth but it is awesome whenever I find a bit of treasure. I've found nearly 1/2 oz in the last few years. I can relate to his passion for finding treasure for sure and his story itself is pretty amazing.
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That's awesome! It's something I've always wanted to try for fun, but it would require a big commitment to be serious about pursuing treasure. Glad you're able to have fun with it.
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yeah, nobody is getting rich finding gold out here but once you get gold fever it is hard to cure. I think crypto helped the fever break lol because there is so much more treasure to find. But, being out in nature and working hard to find that little nugget is an incredible feeling. I'm thinking of burying a jar with my gold and some silver coins out there somewhere so somebody will dig up a treasure. I think that would be so cool.
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he was really genius
William Phipps, the inventor of the diving-bell: 'The first diving-bell of which we read was nothing but a very large kettle, suspended by ropes, with the mouth downwards, and planks to sit on, fixed in the middle of its concavity
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I don't think he invented diving bells, since they were mentioned as far back as Aristotle. There's a lot of doubt he even used them. But somehow, his crew got that treasure up.
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yes there have doubts
but Sir William Phipps used a diving bell to salvage tremendous wealth from a sunken Spanish treasure ship
Its use was first described by Aristotle in the 4th century BC: "...they enable the divers to respire equally well by letting down a cauldron, for this does not fill with water, but retains the air, for it is forced straight down into the water."
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This guy sounds like a badass from a pirate of the Caribbean movie.. like father to Jack Sparrow.
Its really amazing how the guy was able to achieve such a think in a time when the was no scuba diving suit for deep sea diving or what do you think @donkeypong
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It may have been a shallow location and he employed some native divers, but locating and raising that treasure was still an accomplishment.
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He lived large, took big risks, and rose above what commoners viewed as possible for an non-aristocrat. In his own way, he forged a path for many to strive for station well above their own.
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I never understood why people find it surprising when peasants get rich. If you already have an easy so called priviliged life there is just not any motivation there to build something from the bottom into something great. That will say be a peasant has it's advantages. Because you got nothing to lose so to say. People do not expect that much from you. So you can have leverage to make moves.
If you are a so called rich kid so to say it's very hard to get motivated because you just doesn't have any buy in since things are already very relaxed and good. A rich kid still have his cool peers he doesn't wanna lose that status. So in a way he is a bit more locked into a role to play. He doesn't have the same freedom to go crazy in experimenting as the peasant can do.
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I think it was difficult in the past, and probably still is in much of the world, for a peasant to succeed that way. It's still notable when it happens, but we take some of that upward mobility for granted nowadays, whereas it was very rare in the 1600s.
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I agree 100%. I noticed it when I read books from 1500s-1800s the people that wrote those books were sharp as hell in observing the world. That will say the people that had the ability to release books were the aristocracy and had real intelligence and sharpness.
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The rich have always had their way and today it is not different as we have seen with different system of governance. Money makes the world go round.
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Yes, it is an amazing fate, an amazing life. So many UPS and downs. His life reminded me of bitcoin's chart. Out of nowhere straight up, then down, and again a new rise. Such strong-minded people are the creators of their luck. Although, who knows, maybe his wife was a little witch after all. And she made him a magic clover potion with 4 petals.
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That's a great history writeup on a remarkable life, often times we see a list of governors or generals but we don't know much beyond the names. But every name has a story, and now I know the name Phipps as a remarkable treasure hunter and governor. It seems that his background wasn't necessarily educated or experienced in the jobs he took up later in life; i imagine he is remembered as governor for more than the witch trials but that seems to have been a key focal point of his administration...
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Wow , your story telling capabilities I can say is a gift, a talent that not so many people have.
250 years into history , I love this one. I must say kudos. The pictures making the write up into a virtual story telling. I appreciate you for sharing such interesting masterpiece .
Thanks for giving me the knowledge of Sir William Phips. I knew nothing of him .
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@donkeypong, I heard only few content about Sir William Phips. But never know lot of things. Absolutely he was a genius man around the world. He found a incredible way for goes to further. Treasure hunting task did by him on the ocean.
This is a only one info understand who's William Phips. I prefer to seek marine field. It happened my classmate working dockyard field. He meet within 3 months each others. I like to find treasure under the sea. But it has big risky about life without diving skills. Of course, That's great history of ourselves. I know he was braveness person also. We can get some imagine from his character not all. Thanks for given information Tom.
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Mehn this is one hell of an interesting post. Sir Williams phip was indeed a very popular man back then but I wonder why I am just getting to know how about him. This is quite an I retesting and informative piece, well written and elaborate.
For this, I don't think I have any other option but to follow you. I wana read more from your blog.
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good article .. I thought that the witch of salem was a myth or legend but I see that it really happened.
It is amazing that Sir Phillips William rose from poverty to become a celebrity in his time to become governor of Massachusetts. This a worthy example of self-improvement all this I achieve thanks to his obsessive treasure hunt to impress the kings of the time.
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He wass really a genius, I have never heard about him, thanks for sharing such information. His intact career was one stretched laugh at the laws of probability; like the entire favorites of luck, he seemed to be specifically exempt from their operation.
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My God of my life! A man full of history, of achievements, of triumphs and I have read of Christopher Columbus who was only an abyssal and cruel person because that is how Christopher Columbus was so they say that he discovered America. Unlike this character Sir William Phips who did brilliant and deserving of the title of historical character.
I like literature even though they say that few musicians read, but I am a violinist and read about historical characters. I have always found it interesting, like many musicians like Bach who may write an article about it, you have inspired me to give characters that sometimes nobody knows and have been great at the time.
Very good article this is very important general culture to know more about bright characters. Thanks for the information now you have a new follower who will be very aware of a new article.
A pleasure and my greetings to you @donkeypong
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250 years into history @donkeypong this is amazing, it seems like he lead a simple Philip, you know salvaging the vessel and also his exploits as governor, his history collided so well, you could even have him in folklore British books, however his stances with the Salem witch saga, proved him a great man with good heart
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@donkeypong my hero.
Sir William Philips an honorable man.
Nice to meet you both.
FYI guys i just hit a milestone (to me) , 500+ followers im super exited.
If you feel like checking it out, do feel free.
https://steemit.com/ulog/@lizbethk/celebrating-500-followers
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that's really a deep and greatly analyzed review of philps life which attract me to read it and comment on this post thanks for sharing such important details which might many people did not know about philps @donkeypong
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wow, a very good post @donkeypong, this history can be a very good motivation for all of us in living this life. as he was a real grat man, thank you for providing this amazing article.
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The paths of history are so diverse, there are usually three versions of the same story:
Therefore, it is important; in the present time, to present a neutral point of view that reflects a general, exact and concise idea of the facts. I see in your exposition, that neutrality.
Thank you for bringing to the present, facts from our illustrious past.
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wow nice history i like this keep it up and thanks for shearing
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wow well history i like this keep it up thanks for shearing
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wow, a very good post @donkeypong, this history can be a very good motivation for all of us in living this life. I really salute William Phips, he does have a very genius thinking, so he succeeds like that, I think, history is very good for us to read, so we can know the people who had made this world successful until now. Thanks for sharing... :)
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Im agree with you @reynakarina
This story tell more than what i kmow
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thank you, I think, we should often read the history of the struggles of the ancients, because their journey can be a very good motivation for our lives...
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I know that. We must learn from this story to know how much we work or what we do to humanity needs
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this movie sound quality like a badass from a pirate of the Caribbean movie.he first diving-bell of which we read was nothing.If you are a so called rich kid so to say it's very hard to get motivated because you just doesn't have any buy in since things are already very relaxed and good.thank you very much for shareng
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Excellent post!
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A very good story, never heard about him and thanks for sharing this info. I like stories of colonial times, it must have been fascinating to travel through different seas in search of fortune.
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This guy sounds like a badass from a pirate of the Caribbean movie.. like father to Jack Sparrow.
Its really amazing how the guy was able to achieve such a think in a time when the was no scuba diving suit for deep sea diving or what do you think @donkeypong
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What an interesting and unfortunate story for those airships and their crew. When i descover facts like this there is always a philosofical debate in my head about wether these things are mere coincidence or there is some kind of relationship that as a simple human i can't understand.
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For me, history needs to be learned, especially for ourselves. In Indonesia where I live so many historical relics, need to learn, learn from history, bad example, then be provision not to repeat in the future. @donkeypong
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Wow.... This is history at it's best, imagine one person to have been all these all through his life, he really did have an interesting life full of adventures. I enjoyed his story and he is someone that is worth emulating, @donkeypong thank you for this wonderful historical piece about Sir William Phils. I have never heard or read of him until today.
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The Amazing Life of Sir William Phips: Treasure Hunter, General, and Governor has been resteemed by @resteemmuse
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congratulation i love history Take George Washington as an example, everyone treats him like a god and a reference for freedom all across the world... but the dude owned slaves, but that doesn't make his accomplishments any less important and shows that even thought we all have good intentions, sometimes !!!!
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if we read history. then we will be grateful for the services of the fighters. I thank you. by reading this post, we can recall that this age is a gift from those who have fought for us.
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This is indeed great. I have barely heard of William Phips myself.
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William Philip, he's a great character, and it turns out that a great character in the form of difficulties and obstacles, as well as difficulties in his past.
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Follow me for information
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Really interesting Post with history of a greath man. Thanks for sharing!
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a long story from a treasure hunter.
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Nice history.I don't know this type history.I read 1st time this type history.
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Well he's a lucky man which makes him so great
I love histories
Thanks for sharing this Sir
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Very long history about William Phips. Here in my country never know about him.
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I've never heard the story before. So, it's good for me to know it by reading your post. Thanks @donkeypong for sharing. N nice to meet you.
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the whole story, can be a reference
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He should be featured on One Piece manga. Haha. What an inspiring story. Reminds me of Scrooge McDuck. How someone from outside found a fortune and gained such power.
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awesome..
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A great profile indeed. How did we never knew about him. A multi talented personality. He did work as a general for some time and was appointed as a governor and that's not the end of his accomplishments.
Anyways thank you for the update about the history, studied history in school but those were only dates and different stuff.
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GOO:D
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Wow , your story telling capabilities I can say is a gift, a talent that not so many people have.
250 years into history , I love this one. I must say kudos. The pictures making the write up into a virtual story telling. I appreciate you for sharing such interesting masterpiece .
Thanks for giving me the knowledge of Sir William Phips. I knew nothing of him .
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What a history! Wow
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Wow! Look at the story of a man who is passionate about everything he does. He did not allow his poor background to put him at the back. He strived to be at the far front.
He might be lucky to discover the fortune, but he worked out his luck. He didn't sit at home expecting a turn around, he took the step needed to be taking.
He sees solutions where others sees problems... This man really lived, he did not just pass across the surface of the earth.
He is such an hero that take NO for an answer, despite some of the defeats he encountered, he keep pushing until he attain the greatest hight available during his day.
If it were to be now, he would be a billionaire.... Smile
Setting the witches free should not be considered so bad, I'm sure some of those 150 considered to be witches might not be guilty of the charge laid against them, remember their was politics in full manifestation during those time too .
I'm also glad he was able to convert to Christianity before he died, that makes him my hero already... Smile
Well, politics has always been that dirty from time, opponents can used any means to get you down, we don't know how true the corruption against him, it is a pity he had gone before he could answer the charged against him.
In conclusion, Sir William Phips live a life worthy of emulation, he was a man burning with zeal and passion. If we can learn that from him, nobody would be able to stop us from possessing whatever we set our mind on.
Thanks @donkeypong. I'm blessed by the life history of Sir William Phips already, he is an hero that need to be remembered for long.
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I don't see how a religious conversion makes anyone a hero; that's a personal choice. It's worse when done for political purposes, since essentially the person is being forced to do something that's utterly meaningless to them. It certainly doesn't open heaven's gates. Pardoning so-called witches was a good thing, given that these trials were wrong in the first place.
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Got your point, but I viewed it from another perspective too.
If you are a Christian you are a Christian, it's not something that can be forced on anyone.
Though like you explain in the the post, he did convert to Christianity to gain more political power since the power was in the hand of the church.
But, something will surely lead you to Christ, you don't come to him if you don't believe in His promises for you.
I called him an hero, because he does not only live during his days, he's still living long after his death.
It might be my personal perspective anyway.... Smile
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If it's not done in a genuine way or with free will, then do you really think that changes God's view or his chances for everlasting life? Speaking the words without meaning them...means nothing.
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I think I have to agree with this fact. Faith is a thing of the mind and the confession of the mouth.
Not the confession alone!
Thanks for the insight sir.... Hug
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Learning something new with this post! History always leave marks in our present, for something is history, is an excellent summary, very enriching, informative, and useful, thank you for sharing with us
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In a brief history of Williams Phips i saw a man who wanted to succeed and when an opportunity presented its self he took it. From the Williams Phips' life history i learnt a great deal about getting prepared, positivity, boldness and risk-taking as criteria for success. At the end of his life he made some mistakes but his decision can never be forgotten. Great one
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it is a tremendous success for you, i will follow you @donkeypong
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an Intersting story of an amazing man. try to adopted what he did is the best way to honour him.
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Wow, it turns out the British country also never lost the war?
I just knew that :D
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I have no proper words to express my feeling for Sir William Phips which aroused after reading this article.
The only words coming to mind are, "Unbelievable contributions from a single person for his era."
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