I forgot about the older constant flow hookah systems you are referring to. Those have been a around for a long time. They just had a throttling valve at the most, no demand valve in those systems. You can do that when you have unlimited surface supply air.
The system used at Weeki Wachee Springs is just a low pressure hose with a hand operated valve at the end. The one in the picture looks like it had a knob that has to be turned. The ones we saw about 15 years ago appeared to have a small lever that the mermaids could operate with their thumb. They manually open to take a breath and then shut it of. It might have been even spring loaded. I am not shure.
We had a couple of vintage gatherings at Weeki Wachee Springs and I even dove with the mermaids, but I didn't get a close look at their breathing hose. Maybe I was distracted.
In the picture below you can see the LP hose. She is holding the valve behind my back.
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Here is another picture in Weeki Wachee Springs. You can see the auditorium with the public seating area in the background.
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