On 8 August 1974, the world's last seagoing paddle steamer was sold by her owners for the princely sum of a pound. The PS Waverley has now spent more of her career in preservation than in service with the British Transport Commission and Caledonian MacBrayne. She is still a common sight on the Clyde, Bristol Channel, the Thames and around Britain's coastline. Purchased by members of the Paddle Steamer Preservation Society, many millions have been...