"Divers will walk down a stairway in the centre of the tube until they reach the submerged chamber. Here they will don their diving costumes, and, opening a series of water-tight doors, will step out into the water. Engineers will be stationed in the chamber, and, following the instructions of the divers, who will communicate with them by means of portable telephones, they will operate the mechanism of two powerful suction pumps, or dredges, which are fitted to the sides of the tube.
"These dredges, it is hoped, will suck away the sand around the sides of the heavy chamber until it gradually sinks by its own weight right down on to the deck of the wrecked ship. Then the divers, making their way from the chamber to the deck of the ship, and thence to the hold, will be able to transfer the treasure from the ship to the chamber by easy stages."
How Lloyd's happens to own a treasure frigate of the English navy, lost more than a century ago, is explained in the following narrative, many of the facts of which were found in "The History of Lloyd's and of Marine Insurance in Great Britain," by Frederick Martin, a work now out of print.[[1]]
On October 19,1799, the Gentleman's Magazine of London contained this news:
"Intelligence was this day received at the Admiralty from Admiral Mitchell, communicating the total loss of La Lutine, of 32 guns, Captain Skynner, on the outward bank of the Fly Island Passage, on the night of the 9th inst., in a heavy gale at N.N.W. La Lutine, had on the same morning, sailed from Yarmouth Roads with several passengers, and an immense quantity of treasure for the Texel; but a strong lee-tide rendered every effort of Captain Skynner to avoid the threatened danger unavailable, and it was alike impossible during the night to receive any assistance, either from the Arrow, Captain Portlock, which was in company, or from the shore, from whence several showts were in readiness to go to her. When the dawn broke, La Lutine was in vain looked for; she had gone to pieces, and all on board unfortunately perished, except two men who were picked up, and one of whom has since died from the fatigue he has encountered. The survivor is Mr. Shabrack, a notary public. In the annals of our naval history there has scarcely ever happened a loss attended with so much calamity, both of a public as well as a private nature."
In almost all the accounts of the wreck of the Lutine it is stated as a fact that the frigate was bound to the Texel, and that the bullion and treasure she carried, and which was lost in her, was designed for the payment of the British forces in the Netherlands. Both statements are without foundation, as proved by a careful search in the archives of the Admiralty. These official records show that the Lutine was under orders to sail, not to the Texel, but to the river Elbe, her destination being Hamburg, and that the treasure on board was not the property of the British government, but of a number of London merchants connected with Lloyd's, and that the business of sending the coin and bullion was purely commercial.
The records wholly fail to explain how it happened that, sailing for the mouth of the Elbe, the Lutine commanded by an able and experienced officer, and in all respects well manned and found, came to be driven, within eighteen hours after leaving Yarmouth Roads, upon the dangerous shoals of the Zuyder Zee, far out of her course, even when every allowance is made for the strength of a northwesterly gale.
Another mystery of the voyage of this thirty-two gun frigate of the royal navy is her employment as a mere packet, carrying cash and bullion for the benefit of private individuals. The officer responsible for sending the Lutine on this unusual errand was Admiral Lord Duncan who "received a pressing invitation from some merchants to convey a quantity of bullion." It was his first intention to dispatch a cutter, but the treasure given in his care was swelled by larger amounts until its total value was £1,175,000 or more than five and a half million dollars. The admiral thereupon discarded the cutter and selected instead the swift and staunch Lutine frigate, one of the best vessels of his fleet. On October 9, he wrote to the Admiralty from on board his flagship, the Kent, in Yarmouth Roads:
"The merchants interested in making remittances to the continent for the support of their credit, having made application to me for a King's ship to carry over a considerable sum of money, on account of there being no Packet for that purpose, I have complied with their request, and ordered the Lutine to Cuxhaven with the same, together with the mails lying there for want of conveyance; directing Captain Skynner to proceed to Stromness immediately after doing so, to take under his protection the Hudson's Bay's ships and see them in safety to the Nore." When this letter was written, the Lutine had already sailed, and before Lord Duncan's communication reached the Lords of the Admiralty, the splendid treasure laden frigate had laid her bones on the sand banks of Holland.
Admiral Duncan appears to have escaped all censure for this disaster which followed his action taken without consultation and without waiting for the approval of his superiors. The merchants of London were powerful enough to command the services of the navy, and English credit was needed on the continent to buttress English arms and statesmanship. With her millions of treasure and hundreds of lives, the Lutine drove straight toward as fatal a coast to shipping as can be found anywhere in the world.