Offer To Recover Sunken Niagara's Gold
Press Association /
(Per
AUCKLAND, July 21. Provided his syndieate of five can be assured of a reasonable return .on their capital, an attempt will be made by ®r. Johri Johnston e, the diver, to retrieve some of the gold bars worth £151,000 remaining in the Wrecked Niagdra, which struck' a mine early in wartime off the. North Auckland coast. Mr. Johnstone, who in 1941 recovered bars worth £2,397,000, has made a proposal to the Minister of Finance, Mr. Nash. A new type of diving bell, with a'spotlight attaehed, has been made in Melbourne. A grab resembling a human hand will be operated by the diver himself. . 1
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Chronicle (Levin), 21 July 1948, Page 5
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113Offer To Recover Sunken Niagara's Gold Chronicle (Levin), 21 July 1948, Page 5
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