salvage ... out of / salvage ... from

Hello,

I associate the word “salvage” with wreck, and I find it natural to say “salvage…out of”. However, I have seen “salvage…from” quite a few times. What is the difference between the two collocations?

I googled “salvage” and found two examples as below. It seemed to me that in “salvage…out of”, “salvage” means recycle, while in “salvage…from”, it means save. Did I understand them correctly?

The temptation and the opportunities to attempt to salvage something out of the wreck are particularly great in the case of the directors themselves. So long as assets remain available they will have caused the company to borrow on mortgage, but when the company's credit is exhausted they may attempt to keep the company afloat by themselves making unsecured loans to it. (Source: Principles of Modern Company Law, by L. C. B. Gower (Laurence Cecil Bartlett).)

In the hands of an unscrupulous man, there seemed no limit to his power. The revelations of Watergate shook the confidence of many Americans in their entire political system, which almost ground to a halt in the 18 months before Nixon's resignation. The one real consolation that could be salvaged from the whole sorry affair was that the system had worked in the end. (Source: The Americas, by A.B. Lancaster)

Thank you.