FORTUNES ON THE OCEAN BED
U-BOAT VICTIMS FOR THE SALVAGE MEN. . There are fortunes lying under the sea in the holds of torpedoed ships, and many minds arc busy on the problem of recovering this wealth after the ivar. "Salvage companies are laying plans for raising both ships and cargoes on a big scale," said Mr. R-. 11. Davis, managing director of Sicbe, Gorman, and Co., submarino engineers, recently. "Cargoes to value of millions, of pounds aro awaiting recovery. Apart from the bullion and silver in sunken ships, there is a largo quantity of other valuable metals. "In many cases, where ships cannot be raised, cargoes can be salved. AVn recovered £70,000 in Spanish gold coins some years ago from tho Alnlionso XII, 165 ft. under tho sea, olf Point Gando, Grand Canary. We also recovered a large quantity of silver liars at a- depth of 186 ft., from tho steamer Skyro, off Cape Finistcrrc. These operations show what can bo dono after the war."
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Dominion, Volume 11, Issue 112, 29 January 1918, Page 6
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165FORTUNES ON THE OCEAN BED Dominion, Volume 11, Issue 112, 29 January 1918, Page 6
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