The Adventures of Captain Pugwash S01E16 - The Titanic Teapot

Lieutenant Colonel Scratchwood Toddington is charged by the Governor to take a priceless teapot of the King of Spain. Captain Alonso is in command of the San Fandango. Captain Pugwash and Cut-throat Jake have designs on the booty but their plans hit the rocks as the galleon sinks to the bottom. Tom salvages victory from the wreckage followed by a slap up tea at the Governor's.