Wreck of the RMS Titanic of the film, made using a model of "Titanic", it would not have been physically possible. At the time of the book's writing, it was still believed that she sank in one piece. Robert Ballard of the Woods Hole Oceanographic Institution had long been interested in finding "Titanic". Despite early negotiations with possible backers being abandoned when it emerged that they wanted to turn the wreck into souvenir paperweights, more sympathetic backers joined Ballard to form a company named Seasonics International Ltd. as a vehicle for rediscovering and exploring "Titanic". In October 1977 he made his first attempt to find
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",