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Copyright © 2001 U.P.I.

United Press International via COMTEX

Apr 04, 2001, Wednesday

SECTION: Watercooler Stories

LENGTH: 110 words

HEADLINE: SALVAGERS ARGUING STATUS OF SHIPWRECK'S CARGO

DATELINE: BOSTON, MA

BODY:
    It's been nearly a century since the luxury liner RMS Republic sank off Nantucket. But salvagers are still debating over who is the owner of the ship's cargo -- including a cache of gold coins now worth more than $1 billion!

The Boston Globe says that a federal judge is hearing arguments on a deep sea diver's request to dismiss a claim to the treasure made by another salvager in 1981.

The 600-foot British ship collided with an Italian vessel -- in the fog -- and went down in January of 1909.

Amazingly, only six people died in the wreck. The ship was owned by J.P. Morgan's White Star line.

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