 Admiral Edward Walter Eberle, Chief of Naval Operations, ordered the Board of Inspection and Survey to compile a report on her condition, and the inspection of 19 February 1924 found her in grave condition. Water had to be pumped out of her hold on a daily basis just to keep her afloat, and her stern was in danger of falling off. Almost all deck areas and structural components were filled with rot, and she was considered to be on the verge of ruin. Yet the Board recommended that she be thoroughly repaired in order to preserve her as long as possible. The estimated cost of repairs was $ 400,000. Secretary of the Navy Curtis D. Wilbur proposed to Congress that the required funds be raised privately, and he was authorized to assemble the committee charged with her restoration.
