Project Magnet
This project was a study of UFOs carried out by the Department of Transport (DOT) in Canada in the early 1950s. It was set up in December 1950 under the direction of Wilbert B. Smith, then a senior radio engineer, Broadcast and Measurements Section.
The project was quite small; it used facilities of DOT, with assistance from other government departments, including the Defense Research Board (DRB) and the National Research Council (NRC). The project was an outgrowth of work already being done by Smith and a group of colleagues within DOT on the collapse of the Earth’s magnetic field as a source of energy. It was the belief of many that "FLYING SAUCERS" were operating on magnetic principles and it was thought the DOT work might explain their operation. ...Read on....http://www.ufoevidence.org/documents/doc1800.htm
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