§ 38. Major GLYNasked the First Lord of the Admiralty how much gold was recovered from the wreck of the "Laurentic" through the agency of Admiralty divers; what was the total period occupied in these operations and at what cost; and what payment was made to the officers and men concerned other than their ordinary pay for having carried out this task without loss of life or material?
The PARLIAMENTARY SECRETARY to the ADMIRALTY (Mr. Davidson)The total value of the gold recovered was £4,958,708 13s. 9d. The operations were carried out during the spring and summer months of the years 1917 and 1919 to 1924, and cost approximately £128,000, including a bonus to the officers and men concerned. The total amount of the bonus, which was paid in addition to ordinary pay, extra pay for diving, etc., was £6,739 3s. 4d.