The Final Payout: In Washington, Georgia, Clark distributed the remaining roughly
$144,700. Of this,
$86,000 was entrusted to Navy officials James A. Semple and Edward Tidball to be smuggled to England.
Following the evacuation of Richmond in
April 1865, Confederate Navy officials James A. Semple and Edward Tidball were entrusted with
$86,000 in gold coin and bullion to transport to the coast and eventually England. According to Semple's account, while en route near Augusta, Georgia, they decided to divide the gold due to the increased presence of Union soldiers, rather than risk losing the entire sum.
The gold was reportedly disbursed as follows:
- $35,000 went with Captain James A. Semple, who scattered it among friends in Georgia with the intention of eventually getting it to a bank in the Bahamas, which never happened.
- $27,000 went with Chief Clerk Edward M. Tidball, who returned with it to his plantation in Winchester, Virginia, which he subsequently restored and expanded.
- $24,000 went to logistician W.F. Howell (brother-in-law to Jefferson Davis), who took the money to Montreal, Canada, and set up a business there.
Jefferson Davis mentioned in his 1881 book,
The Rise and Fall of the Confederate Government, that the transfer was made to Semple, a bonded officer, and his assistant Tidball, with instructions to deliver the gold abroad, but provided no further details on the outcome. The ultimate fate of most of the specific gold remains a historical mystery and subject of speculation
Documented Robberies: On May 24, 1865, a wagon train carrying Richmond bank assets (not the official CSA treasury) was robbed in Lincoln County, Georgia. This real event, where roughly
$250,000 was taken, provided a factual basis for decades of local treasure hunts.