Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1815-09-23
NEw-YoRK, Sent. 16.


.NeJc Steam Boat.-To those who have
experienced the ease, comfort, and safety
! OF travelling in steam boats. it cannot but
be pleasing to learn, that it iscontemplated
to establish one to ply between this city &
Charleston. Proposals for accomplishing
the object are already in circulation
The capital wanted is 100000 dollars.
divided into shares of 100 dollars EACH
The boat or vessel, is TO be- at least $50
tons burthen, and built in the very best
possible manner for strength and beauty.
Fhe following is an extract from the pros
pectus
The Practicabilty of navigating rough wa
ters, IN vessles propelled by STEAM may be con-
idered as completely demonstrated by expert
ments already made. The profits on :. PACKET
capable of accommodating 100 passengers, and
making the run from N. York 10 Charleston, TO
average four days, would, it IS believed, be great
er than that on any single vessel, winch has hith-
e'to been built
6 An average of so passengers each way, at
$50 the passage, Che presentpac!zet pricc) sup
posing her TO make 20 runs in year. would g
mount to 100000. The interest of the capital
invested; the necessary repairs and all dis
bursements Of every KIND, il is calculated will
not exceed $4,000. When it is considered,
that nearly all the intercourse from Portland 10
Philadelphia, with Georgia, South Carolina, and
part of North Carolina, viii be drawn TO one
point, and entered in one vessel, making the rrn
at most to a certan'y, in d. VS.; it can hardly
doubted, that those who may be ncLned TO
venture in this enterprise, win be most amply
renunerated, for any risk which can poss bly, be
incurred in the undertaking.
No subscriber is holden 20 paw the amo.sst
OF his subscription, until 100000 shall have
been subscr bed nor until the patentees shall
have conveyed to the company, the exclusive
right in this run, relinqulshng all clam 20 any
portion OF profits, until such profits shall exceed,
invested
As soon as the subscriptions shall be com
plete, tbe company will be organized, and its af-
tairs put under the management Of directors 10
be chosen by the stockholders, voting according
to interest"
To the above we subioin the two follow
Ing letters from captain Bunker, who com
mands tire steam boat Fulton, which has
been running from New York to New-Ha-
ven, through Long Island SouDd, for the
Ia six months during which he has made
l2i passages, without deviating any one
time but alew minutes from the hour fix
ed for starting from each Place. To those
unacquainted with Long Island Sound
we would barely remark, that in storm,
it is more difficult and dangerous to navi-
gate than tbeocean, and often equally as
rough.
Steam Beat Fulton, ,4ag. 25, 1915
J. BaoNsoS, Esq.
RESPECTED FreHd-You have expressed a wish
to be on boayd this boat when there was heavy
sea and strong wind. | much regretted that YOU
vas not on board with me yes erIl3y. | was un.
der way less than - hours from dock 70 dock
and when il IS considered, that exactly . hours
OF mat time the tide was against me, It Will be
seen that there must have been very strong
wind, and Of course q large sea, particularly wher
the tide was running 10 windward All the gen
tlcmen on board (amongst whom were severa
se1iaring mcA) declared that all doubts whicl
they had entertained of navigating at sea with
steam boat were set aside, BY the experiment y
yesterday. The boat was perfectly managerial,
Al III times during the passage, and glidcd owe