Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

OCEAN GOLD SEARCH

GREAT SALVAGE SCHEME LINERS RICH TREASURY The first step in one of the most daring salvage operations ever undertaken began recently, ■when the Italian salvage tugs Artiglio and Rostro mapped out with buoys an area, of the ocean from which they hope, to recover £839.000 in gold bars and £230,000 in silver ingots. This bullion, which was consigned to the Egyptia.il Treasury, went to the. bottom 'on 20th Mayf 1922, when the 8.000-tons P. and "O.' liner Egypt sank in the Bay of Biscay, with the loss of 87 lives, after colliding with the French steamer Seine. The wreck lies in water 360 feet deep.Remarkable details have been obtained of the manner in which it is proposed to recover the sunken fortune —a task worthy of the imagination of a. Jules Verne. It has been decided that the only way to reach tin: liner's treasure room is to dynamite right through the wreck. The men who will place the charges and carry out this delicate work are Genoese divers, renowned for their physical endurance. As soon as they have definitely identified the Egypt, s-.ix '(real caissons will be moored above and the Artiglio and Rostro made fast to them. The next step will be the. shattering of the-wreck with the dynamite charges, after which 'the sections of tin- ship will be brought to the surface by means of immensely powerful magnets, which will pick them up from the sea bottom. The. divers will use 20.000-candle power electric lamps, which, despite the great depth, will light, up the ocean bed for 20 feet in front of. them. The engineers and divers, who are supported by British engineers. ' and advisers, are confident of success. ii their confidence proves justified they will proceed subsequently io ihe wreck of the Belgian liner ' Klizabethville. which was torpedoed by a German submarine in 240 feet of water off Bell Isle, mi the Breton coast, with 13.000 carats of diamonds, worth £3.000.000, on board.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19290724.2.102

Bibliographic details

Nelson Evening Mail, Volume LXIII, 24 July 1929, Page 9

Word Count
330

OCEAN GOLD SEARCH Nelson Evening Mail, Volume LXIII, 24 July 1929, Page 9

OCEAN GOLD SEARCH Nelson Evening Mail, Volume LXIII, 24 July 1929, Page 9

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert