Laxey agreement that it should be kept in perpetual running order for the people of the Isle of Man. In 1965 the Isle of Man Government bought the wheel and the site. Restoration work began, and in 1989 it was put under the control of Manx National Heritage. Great Laxey Mine Railway re-opened with two small steam engines in September 2004 to carry passengers along the restored route. Laxey is the site of King Orry's Grave. The Laxey Woollen Mills were founded in 1881 by Egbert Rydings, supported by John Ruskin, and were originally water powered. The mills are known for
SS Ellan Vannin (1854) sale at the Broker's saleroom, 5, York Buildings, Dale Street, Liverpool on 18 March 1858. Either no sale could be agreed or no interest was expressed, and the "Ellan Vannin" resumed trading whilst a further public auction was scheduled for 20 May. She was advertised for sale with inspections being offered at Liverpool or Castletown. The sale commenced at the Quay, Castletown, at 12:00hrs on Thursday 20 May 1858, and it was reported that there was a good attendance. The bidding proceeded very slowly with the highest offer being £4,200 (equivalent to £ in ) (a long way short of