Considerable boring was done under the direction of the manager, Captain Welling. The results confirmed the previous disclosures achieved by the auger. At a depth of one hundred and twenty-six feet, Captain Welling's crew drilled through oak wood, and struck a piece of iron past which they could not drive the encasing pipe. A smaller auger was then used and at one hundred and fifty-three feet cement was found of a thickness of seven inches, covering another layer of oak. Beyond was some soft metal, and the drill brought to the surface a small fragment of sheepskin parchment upon which was written in ink the syllable, "vi" or "wi." Other curious samples, wood and iron, were fished up, but the "soft metal," presumed to be gold or silver, refused to cling to the auger. It was of course taken for granted that the various layers of oak planking and spruce were chests containing the treasure. During the various borings, seven different chests or casks, or whatever they may be, have been encountered. It seems incredible that any pirates or buccaneers known to the American coast should have been at such prodigious pains to conceal their plunder as to dig a hole a good deal more than a hundred feet deep, connect it with the sea by an underground passage, and safeguard it by many layers of timber, cement, and other material. Possibly some of the famous freebooters of the Spanish Main in Henry Morgan's time might have achieved such a task, but Nova Scotia was a coast unknown to them and thousands of miles from their track. Poor Kidd had neither the men, the treasure, nor the opportunity to make such a memorial of his career as this. Quite recently a new company was formed to grapple with the secret of Oak Island which has already swallowed at least a hundred thousand dollars in labor and machinery. For more than a century, sane, hard-headed Nova Scotians have tried to reach the bottom of the "Money Pit," and as an attractive speculation it has no rival in the field of treasure-seeking. There may be documents somewhere in existence, a chart or memorandum mouldering in a sea chest in some attic or cellar of France, England, or Spain, that will furnish the key to this rarely picturesque and tantalizing puzzle. The unbeliever has only to go to Nova Scotia in the summer time and seek out Oak Island, which is reached by way of the town of Chester, to find the deeply pitted area of the treasure hunt, and very probably engines and workmen busy at the fine old game of digging for pirates' gold.