Debenture Stoc Certificate fromThe Cunard Steamship Company Ltd 1910 certificate for 500 pounds. Attractive blue printing with vignette of the RMS Lusitania top centre. Large ornate slate printing, size 23.5 x 34cm, in good condition. Note: This large 4 funnel Ocean Liner was sunk by a German submarine with heavy loss of life off Queenstown in Southern Ireland in 1915.
RMS Lusitania was a British ocean liner and briefly the world's largest passenger ship. The ship was sunk on 7 May 1915 by a German U-boat 11 mi (18 km) off the southern coast of Ireland. The sinking presaged the United States declaration of war on Germany in 1917.
The ship was a holder of the Blue Riband appellation for the fastest Atlantic crossing and was briefly the world's largest passenger ship until the completion of her sister ship Mauretania. The Cunard Line launched Lusitania in 1906, at a time of fierce competition for the North Atlantic trade. She sank on her 202nd trans-Atlantic crossing.
In the early 20th century German shipping lines were aggressive competitors in the transatlantic trade. In the face of the competition, Cunard responded by trying to outdo them in speed, capacity, and luxury. Cunard used assistance from the British Admiralty to build Lusitania, with the convit that the ship was available as a light merchant cruiser in time of war. Lusitania had gun mounts for deck cannons, but no guns were ever installed.
Both Lusitania and Mauretania were fitted with revolutionary new turbine engines that enabled them to maintain a service speed of 25 knots (46 km/h; 29 mph). They were equipped with lifts, wireless telegraph, and electric light, and provided 50% more passenger space than any other ship; the first class decks were noted for their sumptuous furnishings.
The Royal Navy had blockaded Germany at the start of World War I. The UK declared the entire North Sea a war zone in the autumn of 1914 and mined the approaches; in the spring of 1915 all food imports for Germany were declared contraband. When RMS Lusitania left New York for Britain on 1 May 1915, German submarine warfare was intensifying in the Atlantic. Germany had declared the seas around the United Kingdom a war zone, and the German embassy in the United States had placed newspaper advertisements warning people of the dangers of sailing on Lusitania.
On the afternoon of 7 May, a German U-boat torpedoed Lusitania, 11 mi (18 km) off the southern coast of Ireland and inside the declared war zone. A second, unexplained, internal explosion, likely munitions she was carrying, sent her to the seabed in 18 minutes, with the deaths of 1,198 passengers and crew.
Because the Germans sank, without warning, what was a completely defenceless, officially non-military ship, killing almost a thousand civilians, many of whom were children, they were accused of breaching the internationally recognised Cruiser Rules. It had become more dangerous for submarines to give warning with the British introduction of Q-ships in 1915 with concealed deck guns. (Lusitania had been fitted with 6-inch gun mounts in 1913, although she was unarmed at the time of her sinking.)
The Germans justified treating Lusitania as a naval vessel because she was carrying hundreds of tons of war munitions, therefore making her a legitimate military target, and argued that British merchant ships had violated the Cruiser Rules from the very beginning of the war. The Cruiser Rules were obsolete by 1915. RMS Lusitania was regularly transporting war munitions, she operated under the control of the Admiralty, she could be converted into an armed auxiliary cruiser to join the war, her identity had been disguised and she flew no flags. She was a non-neutral vessel in a declared war zone, with orders to evade capture and ram challenging submarines.
The sinking caused a storm of protest in the United States because 128 American citizens were among the dead. The sinking helped shift public opinion in the United States against Germany and was a factor in the United States' declaration of war nearly two years later. After World War I, successive British governments maintained that there were no munitions on board Lusitania, and the Germans were not justified in treating the ship as a naval vessel. In 1982, the head of the British Foreign Office's North America department finally admitted that there is a large amount of ammunition in the wreck, some of which is highly dangerous and poses a safety risk to salvage teams.
History from Wikipedia and OldCompany.com (old stock certificate research service).
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