This file compiles correspondence concerning proposals to recognise key personnel involved in the Niagara salvage. It includes extracts from a Governor’s interview, cables between banking and government authorities, and commentary from the High Commissioner and Prime Minister’s Office on whether honours beyond monetary rewards were warranted. The records document recommendations that Captain J. P. Williams and Chief Diver Johnstone receive special recognition for their leadership and the risks undertaken during the operation, together with responses from Australian and British authorities. Also included are draft cables, communications with the Bank of England, and summaries of official opinion. Together, the file records consideration of honours and the administrative processes surrounding formal recognition of salvage personnel.