is! A company has been formed in Japan for the purpose of using a new kind of diving bell, invented by an American, it seems. The inventor claims that in his machine he can go down deeper than ever man went before, and bring up a lot of this lost ocean wealth."
"Well, every so often an inventor, or some one who calls himself that, crops up with a new proposal for cleaning up the untold millions on the floor of the Atlantic or the Pacific," replied Tom. "Mind you, I'm not saying it isn't there. Everybody knows that hundreds of ships carrying gold and silver have gone down in storms or been sunk in war. And some of the gold and silver has been recovered by divers--I admit that. In fact, if you recall, my father and I perfected a new style diving dress a few years ago that was successfully used in getting down to a wreck off the Cuban coast. A treasure ship went down there, and I believe they recovered a large part of the gold bullion--or perhaps it was silver.
"But this diving bell stunt isn't new, and it hasn't been successful. Of course a man can go down to a greater depth in a thick iron diving bell than he can in a diving suit. That's common knowledge. But the trouble with a diving bell is that it can't be moved about as a man can move about in a diving suit. The man in the bell can't get inside the wreck, and it's there where the gold or silver is usually to be found."
"Can't they blow the wreck apart with dynamite, and scatter the gold on the bottom of the ocean?" asked Ned.
"Yes, they could do that, but usually they scatter it so far, and the ocean currents so cover it with sand, that it is impossible ever to get it again. I admit that if a wreck is blown apart a man in a diving bell can perhaps get a small part of it. But the limitations of a diving bell are so well recognized that several inventors have tried adjusting movable arms to the bell, to be operated by the man inside."
"Did they work?" asked Ned.
"After a fashion, yes. But I never heard of any case where the gold and silver recovered paid for the expenses of making the bell and sending men down in it. For it takes the same sort of outfit to aid the man in the diving bell as it does the diver in his usual rubber or steel suit. Air has to be pumped to him, and he has to be lowered and raised."
"Well, isn't there any way of getting at this gold on the floor of the ocean?" asked Ned, his enthusiasm a little cooled by the practical "cold water" Tom had thrown.
"Oh, yes, of course there is, in a way," was the answer of the young inventor. "Don't you remember how my father and I, with Mr. Damon and Captain Weston, went in our submarine, the Advance, and discovered the wreck of the Boldero?"
"I do recall that," admitted Ned.
"Well," resumed Tom, "there was a case of showing how much trouble we had. An ordinary diving outfit never would have answered. We had to locate the wreck, and a hard time we had doing it. Then, when we found it, we had to ram the old ship and blow it apart before we could get inside. Even after that we just happened to discover the gold, as it were. I'm only mentioning this to show you it isn't so easy to get at the wealth under the sea as writers in Sunday newspaper supplements think it is."
"I believe you, Tom. And yet it seems a shame to have all those millions going to waste, doesn't it?" And Ned spoke as a banker and financial man, who is not happy unless money is earning interest all the while.
"Well, a billion of dollars is a lot," Tom admitted. "And when you think of all that have been sunk, say even in the last hundred years, it amazes one. But still, all the gold and silver was hidden in the earth before it was dug out, and now it's only gone back where it came from, in a way. We got along before men dug it out and coined it into money, and I guess we'll get along when it's under water. No use worrying over the ocean treasures, as far as I'm concerned."
"You're a hopeless proposition!" laughed Ned. "You'd never make a banker, or a Napoleon of finance."
"That's why my father and I got you to look after our financial affairs," and Tom smiled. "You're just the one--with your interest-bearing mind--to keep us off the shoals of business trouble."
"Yes,
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