The British Press; or, Morning Literary Advertiser.
London, England, 1825-04-25 00:00:00

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•
BRITISH NORTH AMERICAN SHIP-BUILD-
ING COMPANY.
Capital 500,0001. in 10,e00 Shares of 501. each.
Ceetwitew —William Thompson, Esq. Ald. M.P.
DIP I:1 Y C lIAIRMAX—Robert Gillespie, Esq.
DIRECT Ole.
Andrew Bekhre Esq. Hart Logan. Esq.
John Chapman, Esq. Simon 111-Gillivray, Esq.
James Bowie, Esq. William Pratt, jun. Esq.
Philip Gowan, Eeq. Chris. Richardson, jun. Esq.
Matthew Harrison, Esq. William Sikes, Erq.
AUDlTORS—Nathaniel Gould, .q. and A lexander Gillespie, Esq.
BAN EEIS—M ems. hikes, Snaith, and Co.
The late severe losses sustained by the Shipping Interest of this
Kingdom, and the immense field opened to Great Britain for an
extended and inswing Commerce, by the enlightened policy of
put 4;°rernment, have ea ..ed a corresponding and extraordinary
me in the price of Ship.huilding.
Such, indeed, is now the demand for Vessels of all descriptions,
that many Persons, desirous of employing their Capital in Ship•
ping, cannot be supplied by the Builders with the tonnage they
require, except at very high prices, or under circumstances of delay,
often defeating the more immediate purpose of their speculations.
Is is therefore priposed to estabWl a Company, for the purpose
of heeding Vessels in British Nov America, on Contract and for
Sale, but it is intended, for the present, to confine the operations of
the Company to Canada only.
Immediate sales will be the object of the Company, but the
Directors shall be empowered to employ their shipping until dis-
posed of, and, in au of need, to purchase wood cargoes for the
parnose of loading their vessels.
The various advantages to be derived by a Company, established
for the Purpose of Ship-building in Canada. will not admit of detail
within the limits of a Prespeetus ; but it may briefly be observed.
'm" f01.."' practical experience, the following results may confi-
dently be anticipated. 1
Ist The employment of a numerous and useful class of persona
15 die Settlemerll t and by a beneficial diffusion of Capital and
Lebow., an increase in the national importance of the Colony.
2J17. ,In ample retnuueration to the Proprietors—who, inde-
eroZcnt of the local advantages which will attend their undertak-
eg, may reasonably look to the favourable Rates of Exchange, and
tile Freight in their Ships consigned to this country for Sale, as
cur .es of considerable and immediate Profit.
It remains only to add, that it is intended to construct Wessels
else-ell forsll trades and purposes, under the particular inspection
' t'.e Company's Agents, by practised Shipwrights, and with such
• :6!tentioll to the selection and seasoning of the Timber, as,
loPed, will materially improve the character of Vessels built
. aeada.
."re Capital of the Company is e 00,0001., raised in 10,000 Shares,
'. each, a portion of which will be reserved for Persons in
• alt desirous of becoming share-holders.
, .. t''^ Affairs of the Company to be conducted by the Board of
'i Y..", who shall have the power of insuring their property,
' '1 making all necessary Regulations for the management of the
try.
- - •'' Property of the Company to be vested in the names of
Zi lited of Settlement will he prepared under the ablest legal
* '''lc`. and the Shareholders will be required to sign the salter.
N° `hare shall be sold or transferred until atter the payment of
I
'II' Previously made ; and then only with the consent of two or
-t. ~f the Directors.
, ... Instalment of 51. per Share, to be paid into the hands of the
i ri to the Company forthwith, to the account of the Directors.
' _ iißice to be given of all further Payments ; which shall not
' c
::-.F ~,e time exceed 51. per share.
..,1„, ortminniestioos to be addressed to the Secretary, to whom
~etiens for Shares mbe made ; bat no I enders can be re-
', ' after Saturday, the 2d int.
W. OILR ERSON, Secretary,
5, Gould-square, Crumbed Friars.

HAYTI EN (or ST. DOMINGO) TRADING
COMPANY.
CAPITAL—ONE MILLION.
The rising greatness of Hayti, and the well-known stability of
its Government, is the strongest inducement towards the establish-'
ing of this Company, as it abide an advantageous employment for I
capital, will essentially encourage the manufacturing interests ofl
the United Kingdom, increase the vent for the products of her
East India possessions, and will consequently contribute largely in
aid of her navigation and commerce in general.
At present, Great Britain does not participate so largely in the
trade as her means might enable her to do; and America, there-'
fore, becomes the monopolist of the most valuable proportion of it,
although the command of capital with the former increases her
facilities over the latter. Confidence by British Capitalists is only
required to give energy and success in her interconzse with the
Government and the people.
It will be seen from statements taken from official documents,
parts of which have already been before the House of Commons,
and others now in the possession of his Majesty:a Ministers, that
America has employed, in her trade with Hayti, m the yeses IC2I,
1822, and 1823, on an average, 79.700 tons of shipping and her
Exports have amounted to about 8,530,000 dollars annually; whilst
Great Britain has not exceeded 14,000 tons of shipping, nor have
her Exports been beyond 3,800,000 dollars during the same period.
In the return trade, America is nearly on a par with Great Bri.
tain, notwithstanding the markets of the fattier are seldom so
favourable as the latter. In this branch of Commerce, therefore,
the British ought to receive a much larger share, as her proximity
to the Continental markets gives her superior advantages.
The Exports from the United States to llayti, in provision and
lumber, do not exceed, it has been ascertained, 2,000,000 of dol-
Lay' per annum; from which it is to be inferred, that about
4,600,000 dollars consist in the manufactures of Britain and East
India productions, all of which might be supplied direct on infi-
nitely lower terms, still leaving a fair profit to the Company.
The excess of rade in favour of America (to say nothing of
France, which, though under restrictions, enjoys • considerable
shareris the more unaccountable, when it is known that the Bri.
fish are the favoured people by the Haytien Government, being
subjceted to only seven per cent. imposts, whilst America and
other countries pay twelve per cent.
The Government of Hayti purchase extensively every year for
the supply of its army ; and the preference is decidedly in favour
1 of British manufactures, and which might be insured to the Com-
pany from the assurances of the Government to the Projectors.
It is anticipated that the Company will receive • considerable
share of that trade which now runs through • foreign channel, and
that, under judicious arrangerner ts, very handsome advantages
will fall to the Shareholders; and what must be pleasing to every
individual contributing to its stock is, that communications from
the intended Establishments in Hayti can be had twice a month,
by way of the United States, or France, or direct from thence.
It should be considered also, that this Company is purely of a
commercial character, and that it will contribute largely to the
Revenue of Great Britain; not a visionary scheme, unsupported
by even a chance of success in its operations; but one, on the
probable success of which great reliance may be placed.
A List of the Directors, &c. will be published in a few days;
in the mean time applications t'or Shares may be made by letter,
addressed to the Directers of the Ilaytien (or St. Domingo) Trad-
ing Company, at hlestrs. Fry. and Chapman's, Bankers, 1, St.
)1 Idica's-L;:act.