The Sinking of The Titanic Introduction Titanic remains one of the most famous disasters in history. When it sank in 1912, it shocked the world. An estimated 100,000 people gathered at the dock in Belfast, Ireland to witness the launch of the Royal Mail Ship (RMS) Titanic. The ship was considered to be unsinkable and was the largest and most luxurious cruise liner of its day. It boasted state-of-the-art technology which included a sophisticated control panel, four elevators and an advanced wireless communication system. Just four days after leaving on its maiden voyage to New York, the Titanic struck an iceberg off the coast of Newfound and sank. Today, more than a century after the Titanic sank, people and particularly experts are still debating possible causes of this historic disaster that claimed the lives of more than 1,500 passengers and crew. Investigations Two government investigations conducted immediately after the disaster concluded that it was the iceberg, and not any weakness in the ship itself, that caused the unsinkable titanic to sink. Both the investigations concluded that the vessel had gone to the bottom intact. However, the ship’s deceased Captain E. J. Smith was blamed for the incident. He was condemned for moving the ship at high speed of 22 knots through a known ice field in the dark waters off the coast of Newfoundland. The Titanic case was considered closed. Despite, questions about what might have sunk the seemingly unsinkable ship never completely disappeared. For instance, in 1985, oceanographer Robert Ballard, after years of searching, finally found the ship remains 2.5 miles down on the ocean bottom. He discovered that the ship had broken into two on the surface before sinking. His discovery made the Titanic come back to the public imagination again. Why had the ship cracked? Still, this raised a lot of questions. The officials' inquiries seemed wrong, and so does that mean the indestructible Titanic was invincibly weak? A few years after Ballard’s findings, the first pieces of the ship were brought to the surface and this raised more doubts about the strength of the ship because they seemed to physically show that low-quality steel might have caused the disaster. The Federal Reserve There is a conspiracy theory that links the sinking of the Titanic with the creation of the Federal Reserve and J.P Morgan. According to the theory the wealthy banker J. P. Morgan planned the Titanic disaster to kill rival wealthy men Jacob Astor, Isidor Straus and Benjamin Guggenheim, who all perished aboard. The three wealthy men are said to have been opposing the creation of the Federal Reserve. While J.P. Morgan was for the creation of it. Well, the Titanic sank in 1912, and the opening the Federal Reserve happened in 1913, a year after. This was the hint their opposition to the Federal Reserve could somewhat lead to their assassination. Their deaths were somehow linked with their opposition to the creation of the Fed. The theory leans on the fact that Morgan had originally planned to sail on the Titanic but changed his mind shortly before it took off. Well, there is no explanation of how he caused the ship to hit an iceberg and killed over 1,500 people, let alone the three wealthy men he supposedly intended to assassinate. Alternative versions of the theory claim that the Rothschild banking family were the ones who arranged Astor, Straus and Guggenheim’s deaths on the Titanic. The Rothschild family founded banking houses across Europe in the early 1800s and they have been a favourite target of conspiracy theorists ever since. Morgan indeed had a hand in the creation of the Federal Reserve, and it owned the International Mercantile Marine, which owned the White Star Line, which owned the Titanic. He had his own personal suite, promenade deck and specially designed bath on the ship. He decided to skip the maiden voyage at the last second and it was reported that he decided to spend some time in Europe in order to buy tapestries for his art collection. But why would Morgan want to sink his ship? Simple, he had the interest to clear away opposition to the Federal Reserve Bank. He somehow manipulated all of his rivals to take the fateful trip. When the Titanic sank Astor was last seen clinging to the side of a raft. Guggenheim’s body was never recovered, but he reportedly put a rose in his buttonhole and said, “We’ve dressed up in our best and are prepared to go down like gentlemen.” Straus died alongside his wife Ida, who decided not to leave her husband’s side as the ship sank. The Insurance Fraud The insurance fraud story is one of the Titanic’s most popular conspiracy theories. It posts that someone switched the Titanic with another White Star Line Ship, the RMS Olympic. It is believed that the Olympic was damaged while sailing from Southampton, England to New York in 1911. And therefore, it had to return to Harland and Wolff’s shipping yard in Belfast for repairs. It is further said that the company repaired the Olympic and it sailed to New York and back. The ship later returned to Belfast for more repairs in 1912, just a few weeks before the Titanic set sail. Some people found the Olympic too severely damaged to be profitable, and so at some point, they switched it with the Titanic to purposefully get rid of the damaged ship, reap the insurance money, and kill scores of people in the process. This shows a story that describes corruption in those days. The company the owned the ship wanted to reap the insurance money, but it is said that the Titanic’s insurance was not enough to cover the loss of Olympic. Conclusion The sinking of the Titanic had a high level of public interest and scrutiny. People wanted to know had really happened to the ship. There is a lot of discussion on the idea that the Titanic should not have sunk just because it hit an iceberg. The ship was said to be indestructible and unsinkable. The investigations done by two governments conclude that the ship got to the bottom of the ocean intact. However, oceanographer Ballard found the remains of the ship where it had been broken into two. The findings were different from the conclusion of the investigations. As a matter of fact, when the first pieces were brought to the surface, they shoed physical evidence that they were of low –quality steel. All the blame was put on the ship’s deceased captain that he was racing at high speed of 22 knots in an area known or icebergs. Probably all the blame was put on him because he was the just the captain responsible for moving the ship. Morgan probably wanted to get rid of his rivals and that’s why he cancelled his trip in the last second and just decided to remain in Europe for a few days. This seemed like an assassination of his rivals who opposed the creation of the Federal Reserve Bank which Morgan supported. It is said that by 1912 all those who opposed the creation of the Federal Reserve Bank had been eliminated.