Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1839-06-27

A meeting Of Stockholders in the Allan
tic Steam Boat Company was held al
the Franklin House in Providence,
on Saturday, June 10th, 1889, when
the, following resolution was moved
and voied-no member Of the Compa-
ny in the negative
"Whereas, sundry reports having gone
abroad calculated to injuro the interests
Of this Company,-therefore, resolved
by this meeting, that We will continue to
Iun the John w. Richmond, and to ac-
commodate the public as heretofore, SC
long as they shall sec fit to sustain u:
in our operations at the present prices.
1t was also the fully expressed opinion
that an address be drawn up and pub
lshed. The following is therefore pre-.
scnted for the consideration Of the travel
ling public
In the summer of 1893, the steamboat
John w. Richmond was put on the Provi.
dence and New York route, with the
object of reducing the fare and freight
thereby alone expecting to realize to the
Stockholders fair remuneration for the
adventure. Those hopes and expecta.
tiOns have in q measure been realized
The old company, owning what are cal
led the Transportation Boats, have the
whole time kept one Of them against us
on the day Of our running, at the differ
ent prices Of S3, s., or 81, according
to varying ircumstances-in many in
stances sending on the same day three,
and on succeeding days no boats pas
sing Newport TO or from New York, and
on all days not used by US at higher
rates than the boat put against us--mani-
iestly with the known, and acknowledged
object Of destroying competition.
With feelings Of pride and gratitude,
we have TO acknowledge that IA large
number of travellers have close " adher-
ed TO our cause and our interests, and
bonorably exerted themselves to give US
the aid they promised-siill We are COM
PEELED 10 witness that thero are others
(and some of them gentlemen who ap-
pIaud our enterprise, who pass by us,
and take the benefit Of the dollar sy stem,
set up by the wealth and power of the
great capitalists of Europe and the Uni
ted States, to destroy the fair and free
competition on the wuters of Narragan-
set, Bay and the Sound. With the line
from Boston TO New York, there is a
connected interest and perfect unity
Those who control the Boat property,
control the Massachusetts Road-they
also control the India Point Rond-they
further control the Stonington Road, d.
viding as they do the gross earnings Of
the Boats and Road at per cent. ratio.
BY this union they materially control the
whole freight from Boston, and they con
troll the whole both freight and travel
between Providence and New York via
Stonington, contrary to the spirit Of their
charter, charging 81 80 TO Ss so more
for part of their Road and Boat, than
for the whole of both. They have also
so contracted with the Road, that on II
charge Of SO from Providence to New
York, the Road receives but 90 cents,
and the Boat from StoniDgton receives
50 l0-but should competition boat
be run from Stonington to New York
tIC lNOuu Wouiu IcCtlNC - VI CuIIJ NtI
passengers, leaving for that Boat only
ST.. This amounts to total prohibition,
and they have thus locked up all the
waters OF Stonington harbor. Was this
contemplated by the Legislature of X.
Island
We beg the attention ofthe travelling
public to this statement. We beg OF
them closely to calculate their own in
terest and ours, and they cannot but
be fully sensible of the necessity and
propricty of sustaining the J. w. II. by
their liberal patronage. Should the J.
w. Il. be compelled to retire from the
unequal contest, the evils of high fare,
and cold neglect, if not direct abuse will
again be certainly visited on those who
pass this great thoroushlare, and no 9TH
er competition again be seen on the
Narragansott Bay, and the Long Island
Sound for a length of years yet to come.
by order of tho Stockholders.
JOHN w. RICHMOND.
THE WHALE FIsHERY.-The folio wing