Pearls of one
American woman insured in London were valued at $240,000.
NO CHANCE FOR SALVAGE
The Titanic and her valuable cargo can never be recovered,
said the White Star Line officials.
"Sinking in mid-ocean, at the depth which prevails where
the accident occurred," said Captain James Parton, manager
of the company, "absolutely precludes any hopes of salvage."
LIFE INSURANCE LOSS
In the life insurance offices there was much figuring over
the lists of those thought to be lost aboard the Titanic.
Nothing but rough estimates of the company's losses through
the wreck were given out.
LOSS TO THE CARPATHIA
The loss to the Carpathia, too, was considerable. It is, of
course, the habit of all good steamship lines to go out of their
way and cheerfully submit to financial loss when it comes
to succoring the distressed or the imperiled at sea. Therefore,
the Cunard line in extending the courtesies of the sea to the
survivors of the Titanic asked for nothing more than the mere
acknowledgment of the little act of kindness. The return
of the Carpathia cost the line close to $10,000.
She was delayed on her way to the Mediterranean at least
ten days and was obliged to coal and provision again, as the
extra 800 odd passengers she was carrying reduced her large
allowance for her long voyage to the Mediterranean and the
Adriatic very much.
Pages:
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281