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U.S.S. Olympia, Dewey's flagship at Manila, may be turned into artificial reef

The old warship has been part of Philadelphia's waterfront for 50 years and left lasting impressions on thousands of visitors who heard gripping stories of its role in the Spanish-American War.

Now the Olympia - the last surviving vessel from that 1898 conflict - could face an ignoble end as an artificial reef off Cape May if a new benefactor cannot be found.

The Independence Seaport Museum and the Navy have already checked with officials of New Jersey's Artificial Reef Program on the possibility of sinking the ship, once a source of national pride.

"Another option would be scrapping Olympia," said James McLane, interim president of the museum, which owns the ship and is adjacent to it at Penn's Landing. "But the Navy has told us that 'reefing' is better because it would allow divers to go down on it and would preserve Olympia."

The museum can no longer afford the ship's upkeep, McLane said. At least $20 million is needed to tow, restore, interpret, and endow the deteriorating vessel.

"We have a couple people we're talking to who might take the ship," McLane said, "but these things don't move with great speed."

The ship will be open until the end of September, then closed while its future is determined, McLane said....
Read entire article at Philadelphia Inquirer