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Treasure Controversy Continues

The intrigue continues in the case of the $500 million underwater treasure: a U.S. judge has ruled that the location of the find will be kept secret for now. Sensible enough it would seem;

The judge ruled that although artifact summaries and pictures are not confidential, “in the interest of protecting the site, other information including the preliminary site assessments, the site plans, the photographs of the sea bed and the photomosaics should remain confidential at this time.”

What makes the decision crucial though is the case presented by the Spanish government – they claim that if the treasure was on a Spanish ship, or was found in Spanish waters, then they hold the rights to the treasure.

This has the makings of a huge case. Half a billion dollars worth at stake – not to mention the lives and careers of the treasure hunters, as Spain has considered charging them with stealing of Spanish heritage objects.

Editor
  1. old mexican adage
    “Ladrón que roba a ladrón
    tiene 100 años de perdón.”

    (A thief who steals a thief
    has 100 years of forgiveness)

    —–
    It’s not the depth of the rabbit hole that bugs me…
    It’s all the rabbit SH*T you stumble over on your way down!!!

    Red Pill Junkie

    1. another old tradition
      Another old tradition was that those who rescued a sinking ship were entitled to one half of the value of the cargo, or of the value of the ship, I forget 🙂

      But seriously, is this the same case that we talked about some months ago? A wreck that is several hundred years old?

      If that is the case, and the wreck is in Spanish waters, and Spain hasn’t bothered to look for it in more than 400 years – it would seem reasonable to assume that they didnt want it.

      —-
      wherever you go, there you are

      1. Ya know,
        If Spain is

        Ya know,

        If Spain is really serious about this, they ought to be a little more humble. After all, that gold came from the New World, and I suspect that there could well be some briefs filed regarding who the original owner(s) was/were.

        However, if it’s in international waters, then Spain has little room to argue. After 4 centuries of abandonment, the rtights of salvage usually take precedence over any other claims.

        Respects,
        Gwedd

        1. Nice
          [quote=Gwedd]If Spain is really serious about this, they ought to be a little more humble. After all, that gold came from the New World, and I suspect that there could well be some briefs filed regarding who the original owner(s) was/were. [/quote]

          Touche. Excellent insight.

          Kind regards,
          Greg
          ——————————————-
          You monkeys only think you’re running things

          1. Right on the target
            I couldn’t have expressed it better 🙂

            —–
            It’s not the depth of the rabbit hole that bugs me…
            It’s all the rabbit SH*T you stumble over on your way down!!!

            Red Pill Junkie

  2. Galactic Waters
    Spanish waters. What exactly are Spanish waters? A different sort of H2O molecule? A different dissolved proprietary salt? Different sand bed perhaps? Or is it just laced with Spanish pee?

    Spanish waters, InterNational waters … oh and treasure!

    Earthlings are hilarious. There’s no other way to put it. Endlessly endlessly amusing.

    1. The phrase “Spanish Waters”
      The phrase “Spanish Waters” is valid, at least in a conventional sense.

      “International waters” do not start at the beach where you live. There is a zone of ocean around every country that extends out for 12 nautical miles that by international agreement is considered to be part of that countries territory. http://en.wikipedia.org/wiki/Territorial_waters

      In addition to that, there is a much larger area called the “exclusive economic zone” which goes out for 200 kilometers.
      http://en.wikipedia.org/wiki/Exclusive_economic_zone

      For those of you with a tribal/new age/and/or communist bent, and prone to challenge such conventional claims, these boundaries are not any more nor less valid/defensible than a country claiming to own the land it sits on.

      1. conventional
        The old convention used to be 3 miles off the coast. Couldn’t hit anything with the conventional cannons farther way.

        So the Spanish claim is that they stole the stuff 400 years ago (or something like that), then they lost it, now somebody went to significant effort to find it, and recent conventions allow them to steal it again?

        —-
        wherever you go, there you are

      2. not so simple
        [quote=dashour]For those of you with a tribal/new age/and/or communist bent, and prone to challenge such conventional claims, these boundaries are not any more nor less valid/defensible than a country claiming to own the land it sits on. [/quote]

        The problem, dashour, is that with new tecnology like satellite imaging, the limits of international waters between different countries has turned rather difficult to establish.

        If not, just look at all the yelling between the canadians, the russians, the danish and the americans over who is entitled to the new artic territories that are now available to exploitation ‘thanks’ to Global Warming…
        —–
        It’s not the depth of the rabbit hole that bugs me…
        It’s all the rabbit SH*T you stumble over on your way down!!!

        Red Pill Junkie

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