The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-07-26 00:00:00

TRANSATLANTIC STEAM NAVIGATION.

THE Public are informed, that the arranger nts having
been for some time in progress, the estab went of an
intercourse by Steam Navigation, between United. King-
dom and America, is now about to be brow t into operation,
under the Provisions of the Act of the 6th d 7th George IV
incorporating
" THE AMERICAN AND COLONIAL STEAM
NAVIGATION COMPANY."
Capital, £600,000 in Shares of £5O each.

Under the above act the liability of Proprietors is limited so
that " the Subscribers, and their several and respective heirs,
" executors, administrators, and assigns shall not be -liable to
" any debts or demands of the Company beyond the amount of
" their several and respective Subscriptions."
Arrangements have also been made to secure the advantages
of co-operation with the City of Dublin Steam Navigation Com-
pany, and of their experience in the management and business
of Steam Navigatian. A regular communication will hereafter
be maintained between America and the United Kingdom, and
Steam-vessels of the most improved descriptions, with engines
of the largest power, will start periodically between the ports of
Liverpool and New York.
With respect to the probable expenditure and returns, and
generally effecting the objects contemplated by an intercourse
with the United States, the public may be assured that the
Directors of the City of Dublin Steam-packet Company, who
have associated themselves with the arrangements in progress,
would not have done so except under a full conviction Of their
practicability and success. It is enough to say, that the im-
proved state of Steam Navigation, the great extension of the
intercourse in passengers between these countries and America,
and the increased quantity and value of those goods on which
an adequate freight would be paid; coupled with a strong de-
sire expressed in the manufacturing districts of England and of
the European Continent, to favour an improved means of in-
tercourse with the United States and British America, give am-
ple assurance of a satisfactory return on the capital to be em-
ployed.
A question of establishing, on the coast of Ireland, a Pac-
ket Station for the conveyance of Government Mails, De-
spatches, Troops, Stores, &c., having been considered in Par-
liament, the Company will also avail itself of the advantages
and profit arising from such additional communication; and
which would naturally attract through Manchester and Liver-
pool the personal intercourse between the Continents of Eu-
rope and America.
As this Company proposes hereafter extending to other Fo-
reign Ports, besides those of North America, the intercourse
of Steam navigation, it is intended that the class of Vessels to
be constructed shall be equally available for those ports.
The first Act (the Gth Geo. IV.) was obtained by an influen-
tial body of proprietors, among whom were many naval officers
of the highest rank and experience, and with the express sanc-
tion of his Majesty's then Government, under a confidence of
the great advantages that would result from an improved inter-
course with North America and our Western Colonies, by
means of Steam Navigation, and which the proprietors con-
ceive can now best be effected in connexion with the interests
of Liverpool and the manufacturing districts of Lancashire and
the North of England.
In the detailed Prospectus, published at the time of passing
that act, those prospects and advantages were satisfactorily ex-
plained. Steam Navigation, however, had not then arrived at
that point which would enable those enterprising individuals who
originated the measure to carry out practically the great object
which they, nevertheless, clearly saw would one day result from
the undertaking. . . _

Steam Navigation, in fact, had not then put forth those gi-
gantic and commanding powers which it has since so success-
fully exerted. The crossing the Atlantic was expected to be
accomplished most effectually and economically by the combined
and alternate use of Steam Power and that of sails, as the wea-
ther, or other circumstances, might render expedient. With
this view the first vessel contracted for under this act was fur-
nished with two engines of only 50 horses' power each, a power
now manifestly inadequate to the undertaking, and under the
present improved state of Steam Navigation deemed scarcely
sufficient for crossing the Channel. It is unnecessary, there-
fore, further to inquire why the Company did not then effect
the great objects contemplated by its spirited Projectors.
Under these circumstances, and seeing that the time would
arrive when the difficulties against which they were then una-
ble to contend would be removed, the Directors advisedly pro-
cured their amended Act, (the 7th Geo. IV.) providing for a
temporary suspension of their operations, until they should be
enabled to proceed through the improvement of that great power
which was to be the mainspring of their undertaking, and which,
within the last few years, has been so rapidly advanced towards
perfection.
The remaining original Directors on behalf ofthe Proprietors
of the Company, thinkin,g the time has now arrived when their
objects may successfully' a prosecuted, propose to bring these
acts into full and active operation, and which measure the
public voice appears already to sanction by an anticipation of a
favourable result, and a determination to support the under-
taking.
For the purpose, therefore, of effecting the above objects, and
as it is important that no delay should take place in adopting
the necessary measures, a Provisional Committee has been ar-
ranged, consisting of the five remaining original Directors, to-
gether with the following other influential and experienced
Persons, with full powers to act until the present and future
funds and working of the Company (under the provisions of the
above-mentioned acts) shall be placed under the management
of a practical and experienced body of Directors. Managing
Directors have also been appointed, who will forthwith make
the necessary arrangements for giving effect to this important
undertaking.