FRIGATE'S TREASURE

Stratford Evening Post, Volume II, Issue 223, 19 April 1933, Page 3

FRIGATE'S TREASURE

Scheme for Salvage

Equipment for salving the gold of the historic English frigate Lutinc, whose hell is known throughout tinworld as the "Lutinc Bell" of Lloyd's, has arrived at Terschelling, Holland. The Lutinc, carrying Bank of England gold bars and coins to save Haniburg bankers at a moment of crisis, was sunk oil the Isle of Terschelling in October, 1799. Many attempts to salve the gold have since been made, but so far only about £IOO.OOO worth has been brought up. Gold worth £1,150,000 instill in the Lutinc.

The new salvage machinery, consisting of an enormous lube with sucking pipes driven by big engines, Ims just been constructed by a Dutch engineer. The Lutine hell, recovered in 1859, is rung at Lloyd's when overdue vessels arrive, or to signalise other important announcements.