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Panama Discovers More
Sunken Spanish Galleons
9-17-2

PANAMA CITY (Reuters) - New research has doubled the number of wrecks of Spanish, Portuguese and British Conquest-era galleons, some laden with treasure, thought to be scattered along Panama's seabeds, the National Culture Institute said on Monday.
 
Some 30 wrecks were initially believed to be lying off Panama's Pacific and Caribbean coasts, but now researchers say there are as many as 59 sunken galleons, according to Panama's de factor Culture Minister Rafael Ruiloba, who heads the institute.
 
"New historical documents and deep water reconnaissance have helped us greatly to improve our knowledge in recent months of the whereabouts of the wrecks," Ruiloba told Reuters.
 
Wrecks recently located include those from the fleet of a 17th-century Scottish adventurer William Paterson, who founded the disastrous colony of New Edinburgh in Panama in 1698.
 
Attempts to set up a Scottish colony were ruined by tropical fevers and dissension among settlers, at a cost of some 2,000 lives.
 
Earlier this year Panama located the sunken San Jose galleon off its Pacific coast. The San Jose, which foundered in 1631, is filled with 700 tons of gold and silver ingots valued at some $50 million.
 
Interest in Spanish wrecks resurfaced after vacationers diving off Panama's Caribbean coast last November chanced across the shell of the Vizcaina, a ship that was part of the fleet used by Christopher Columbus on his final voyage to the Americas in 1501.
 
During the 16th, 17th and 18th centuries, Panama served as a key point for gold and silver shipments between the mines of Peru and imperial Spain.
 
Many galleons sank in the choppy waters of the Pacific before their booty could be offloaded in Panama City and moved overland to Caribbean ports. British pirates often attacked ships leaving the Caribbean ports for Spain.
 
 
 
Copyright © 2002 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
(Reuters) - New research has doubled the number of wrecks of Spanish, Portuguese and British Conquest-era galleons, some laden with treasure, thought to be scattered along Panama's seabeds, the National Culture Institute said on Monday.
 
Some 30 wrecks were initially believed to be lying off Panama's Pacific and Caribbean coasts, but now researchers say there are as many as 59 sunken galleons, according to Panama's de factor Culture Minister Rafael Ruiloba, who heads the institute.
 
"New historical documents and deep water reconnaissance have helped us greatly to improve our knowledge in recent months of the whereabouts of the wrecks," Ruiloba told Reuters.
 
Wrecks recently located include those from the fleet of a 17th-century Scottish adventurer William Paterson, who founded the disastrous colony of New Edinburgh in Panama in 1698.
 
Attempts to set up a Scottish colony were ruined by tropical fevers and dissension among settlers, at a cost of some 2,000 lives.
 
Earlier this year Panama located the sunken San Jose galleon off its Pacific coast. The San Jose, which foundered in 1631, is filled with 700 tons of gold and silver ingots valued at some $50 million.
 
Interest in Spanish wrecks resurfaced after vacationers diving off Panama's Caribbean coast last November chanced across the shell of the Vizcaina, a ship that was part of the fleet used by Christopher Columbus on his final voyage to the Americas in 1501.
 
During the 16th, 17th and 18th centuries, Panama served as a key point for gold and silver shipments between the mines of Peru and imperial Spain.
 
Many galleons sank in the choppy waters of the Pacific before their booty could be offloaded in Panama City and moved overland to Caribbean ports. British pirates often attacked ships leaving the Caribbean ports for Spain.
 
 
 
Copyright © 2002 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.





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