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MUFONET-BBS NETWORK - MUTUAL UFO NETWORK ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ARCHAEOLOGY NEWS - WIRE ~~~~~~~~~~~~~~~~~~~~~~~~~ ÚÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄ¿ ³=START= XMT: 15:33 Tue Jun 25 EXP: 16:00 Tue Jul 02 ³ ³ ³ ³WRECKAGE OF LUXURY STEAMSHIP THAT SANK NEARLY 150 YEARS AGO ³ ³FOUND IN LAKE ERIE ³ ³ ³ ³LOS ANGELES (JUNE 25) UPI - The wreckage of a luxury ³ ³steamship that sank nearly 150 years ago in Lake Erie with ³ ³up to $60 million in gold coins aboard has been discovered ³ ³in what archaeologists said Tuesday may represent one of the³ ³more significant shipwreck finds in history. ³ ³ ³ ³The Atlantic was carrying 600 people when it collided in ³ ³heavy fog with another ship and sank on Aug. 20, 1852. Only ³ ³half of them survived but the ship and its contents were ³ ³believed lost forever. A private salvage firm based in Los ³ ³Angeles, using sonic radar, discovered the ship's wreckage ³ ³in 1989 but withheld announcing the find until legal details³ ³could be ironed out. ³ ³ ³ ³On Tuesday, the company, Mar-Dive Corp., displayed some of ³ ³the first items recovered from the ship, saying the find ³ ³could be worth up to $200 million. ³ ³ ³ ³Steven Edward Morgan, president of Mar-Dive, also said the ³ ³world's oldest submarine was found on top of the wreckage. ³ ³He said it apparently landed there during a test mission a ³ ³year after the sinking. The company plans to attempt to ³ ³raise the submarine. ³ ³ ³ ³Dan Koski-Karell, director of the National Institute of ³ ³Archaeology in Washington, D.C., described the find of the ³ ³Atlantic as possibly the most significant discovery from the³ ³pre-Civil War era. ³ ³ ³ ³''It's a marvelous discovery,'' he said. ''I've seen some of³ ³the artifacts and some are in exquisite condition.'' ³ ³ ³ ³Among the items on display were a glass lamp, children's ³ ³leather shoes, iron tools, mittens and china. ³ ³ ³ ³Some of the items were found scattered around the wreckage ³ ³while some were recovered from the deck of the ship. The ³ ³vessel was found largely intact, except for an opening in ³ ³its hull where it was struck. ³ ³ ³ ³Additionally, the salvage company estimates that up to $60 ³ ³million in gold coins will be found on board. Divers have ³ ³been unable to penetrate the ship's interior, but Morgan ³ ³said that could happen late this year. ³ ³ ³ ³Archaeologists said mud and the fresh cold waters of Lake ³ ³Erie helped to preserve the ship and its contents. ³ ³ ³ ³Morgan said he intends to sell most of what is recovered. As³ ³for the Atlantic, he hopes to raise and restore it and make ³ ³it a traveling museum of pre-Civil War times. ³ ³ ³ ³=END= ³

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