James Cameron makes an entertaining romp by recycling tried and true (albeit hokey) formulas from previous films. It's just what he does. I adore the 1997 film, and anything having to do with the Titanic. But I have to wonder if Cameron didn't buy the rights to all the older Titanic scripts just to recycle characters, plot points, dialogue, etc. that he thought worked in them. It is undeniable that certain lines have been directly recycled with only moderate editing. The calvary charge one that I mentioned before mainly comes to mind. Most abundant, however, is not a reuse of dialogue, but of narrative devices not just from the 1953 film, but also from 1958's "A Night to Remember" and even from the 1943 Nazi Propaganda film. Specifically, the 1943 German film has a scene in which a locked up third class criminal is rescued from the hold with an axe by his lover whilst the hallways flood. I also recall a plot with a rare stolen diamond in that one (though the details escape me). I have only a cursory familiarity with the many television versions, and the rare silent and foreign versions of the story, but I wouldn't be a bit surprised if elements from those come up as well.
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