In the mid-1960s, a hosiery worker from Baldock, England, named Douglas Woolley devised a plan to find Titanic using a bathyscaphe and raise the wreck by inflating nylon balloons that would be attached to her hull.[9] The declared objective was to "bring the wreck into Liverpool and convert it to a floating museum".[10] 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.[9] The project collapsed 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.[11]