The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1888-08-16
THE DE BRAAK LOCATED.
THE SuNkEN ENGLISH SLOoF.OF.WAR
WITH MILLIONS ON BOARD

THE SuNkEN ENGLISH SLOoF.oF.WAR
WITH MILLIONS ON BOARD
In Twelve Fathoms of Water-Dr. Pan
coast Brings the News from the Break
water and Hurries to New York.
(Philadelphia Times, Aug. 81
DR.. Seth Pancoast, of No. e31 Arch
street. who has spent $4,000 in the past
two wears trying to locate the sunken Eng
lish sloop-ofwar De Braak. came up 1roa3
the Breakwater yesterday morning, ana
after remaining at his house long enough
to write three or four kilograms, hurried TO
the Broad street station and took train loE
New York.
He was excited over the discovery made
by Capt. Charles A. Adams and Lieut. Geo
P. Blow, of the navy. who are positive
that they have at last located the De Braak,
which was supposed to have on board
$40, ,0OO, 900 in gold and silver when she
went down on the 25th of May, 17SS.
DR.. Pancoast went to New York to get
four or five of the best divers that money
can hire. He will hurry back to this city,
and, if possible, will leave the Broad street
| station for Lewes on the Sol train this
afternoon over the Delaware Division Of
the Philadelphia, Wilmington and Balti-
more Road
THE DISCOVERY.
The steamboat City of Long Branch,
which was fitted up at an expense OF sew
ersl thousand dollars, left this city ten days
ago, thoroughly equipped to spend the
summer and next winter searching for the
sunken sloop. Captain Adams, who has
been in the navy twenty-five years, and
Lieutenant Blow had charge OF the expe,
dition, and all the necessary charts and
nautical implements were furnished by the
Government.
The discovery of the sloop was made
late on Tuesday, when diver brought up
q petrifed piece of teak wood, of which
the De Braak was built.
| The graphing irons were covered with
verdigris and strong evidences that the
irons had come in contact with the copper
which was on the De Braak at the time
she sunk. The City Of Long Branch lies
directly over the supposed wreck. The
irons were lowered in twelve fathoms OF
water three. quarters of mile out from the
Breakwater. The same spot, according to
calculation, where the graphing irons
came in contact with copper two years ago.
The present expedition, which is being
carried on on scientific principles, it was
decided was to be the final attempt to find
the hidden treasure.
THE GOVERNMENTS BIG SLICE.
The Government entered into contract
with the International Submarine Com
pany, of New Haven, having its place OF
business in this city, on the 25th of August,
1880, in conformity with contract also
entered into between DR.. Pancoast and the
international Submarine Company. The
Governments contract was made on the
strength of section 3,755 of the revised
statutes of the United States, which says
''The Secretary of the Treasury is author
lied to make any contract which he may
deem for the interest of the Government
for the preservation, sale or collection Of
: any property or the proceeds thereof which
NAV have become wrecked, abandoned o.
become derelict, being within the jurisdic
, ton of the United States or which ought
to come to the United States"
The Government is to receive ten per cent
on the amount found.
a syndicate, composed principally Of
Philadelphians, is interested in the recov
cry of the treasure. James J. Kane Is al
the head of it, although DR.. Pancoast, who
has so persistently worked to find the
treasure, is the man who organized the
syndicate and he is the man who deliver:
the shares of stock and receives the ueneF
J One hundred shares Of stees were issued a
$500 q share. aoout eighty of the share!
were ss.d~up to the middle of July, anc
The cashier of the Second National Bank
of Hoboken, is believed to have purchased
the remaining twenty shares. The certif
. Gates of stock read:
sIt is estimated that the 'Braak' con
tanned treasures valued at from ten tc
twenty millions of dollars. In case ter
millions are recovered this certificate vii
entitle -- ten thousand dollars and
pro rata upon any greater or lesser amount
received by said third party"
GOLD AND SILVER AND PRECIOUS STONES
The prize was taken to Halifax, where
the following record was found: ''The
sloop.of-war De Braak, Captain Jane:
Erew, captured off the Capes of Delaware
) in 1898, Spanish vessel, the Don or St
Francis Xavier.
Capt. Charles Sanborn, noted subma
rine diver, who in 1867 contemplated secur
ing conclusion from the Government fol
raising this vessel, visited Halifax for the
purpose of getting information. He secured
newspaper published in 1898. The fol
lowing is notice giving an account OF the
loss Of the vessel; "a. B. N. sloop of-wa
De Braak, We arc informed, was capsized
off the Capes of Delaware, returning from
q successful cruise on the Spanish Main.
She had on board seventy tons of copper
and an immense amount Of treasures, con-
sisting of gold and silver bars and precious
stones" Captain Sanborn afterwards went
South, with the intention of returning the
following spring and commencing opera.
tions. While there he was taken sick end
died.
A Railway Catechism.
How many miles of railway in the
TToitad States2 One hundred and fifty