On November 27, 1908, in a thick fog off Sandy Hook, the lightly laden Panama line steamer Finance, outward bound with 85 passengers, was rammed by the stout steel freighter Georgic, of the White Star line, and went down within ten minutes. Three passengers, who included 19 women and 14 children, as well as others of the crew, were rescued by the boats of the Georgic, which was not damaged.
Source: http://www.gendisasters.com/new-jersey/14810/sandy-hook-nj-steamer-finance-sinking-nov-1908
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