Civil War Steamship Gold Worth Millions

The Republic sailed from New York on Oct. 18, 1865, carrying
59 passengers and a cargo of gold. The storm hit off Georgia. For two
days, the steamship battled hurricane winds and giant waves. Then the
engine
failed
and the the Republic went down. Since 1865, the Republic has sat a third
of a mile deep in the ocean off the coast of Georgia, its paddle wheel
still visible.
It was found by a team of explorers that hopes to bring $350 million
worth of gold to the surface.

from
The New York Times

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