Sinking of the RMS Titanic cultural phenomenon, commemorated by artists, film-makers, writers, composers, musicians and dancers from the time immediately after the sinking to the present day. On 1 September 1985, a joint US-French expedition led by Robert Ballard found the wreck of "Titanic", and the ship's rediscovery led to an explosion of interest in "Titanic"s story. Numerous expeditions have been launched to film the wreck and, controversially, to salvage objects from the debris field. The first major exhibition of recovered artefacts was held at London's National Maritime Museum in 1994–95. In 1997, James Cameron's eponymous film became the first movie ever to take $1
Wreck of the RMS Titanic The Titanic Salvage Company was established to manage the scheme and a group of businessmen from West Berlin set up an entity called Titanic-Tresor to support it financially. It fell apart when its proponents found they could not overcome the problem of how the balloons would be inflated in the first place. Calculations showed that it could take ten years to generate enough gas to overcome the water pressure. A variety of audacious but equally impractical schemes were put forward during the 1970s. One proposal called for 180,000 tons of molten wax (or alternatively, Vaseline) to be pumped into "Titanic",