American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1845-10-10

| nClcncy occur, 1t would be only in the outward
| freghts, which would no doubt be obviated by
our merchants securing to themselves their por-
ton OF trade which has hitherto sought other
channels.
While perhaps line to Wilmington would re.
quire more aid in its establishment, the want
OF communication to that section has been
more directly felt, as many of the merchants
have made purchases III our market, and if not
las has has often been the case) obliged to coun-
termand them, an indirect and irregular mode
OF conveyance has been occasionally resorted
to, and at no former season, perhaps, has 50
general disposition been manifested on the
part of the North Carolina merchants to make
purchases IN Baltimore as the present. As to
the return freight, your committee are happy
to report, that highly respectable firm near
| Wilmington are now making arrangements to
establish an extensive Turpentine Dstilery
here, and expect to be in full operation in MAY
next, when they will require one hundred bar
rels OF Turpentine per day, more than enough,
with the lumber and other freight that NAV
seek our market, to supply full return freights,
leaving the deficiency, if any, in the outward
tleighls, which can readily be supplied by an
active effort on our part to secure a trade which
only awaits a communication.
Your Committee then consider the estaJ-
lishment of both Lines OF great importance to
our city and its general interests, and cannot
doubt will prove animportant aid in the growth
to that commercial eminencc, to which, by an
energetic application Of her varied facilities, she
is surely destined.
Although your Committee, when appointed,
with single exception, were in favor of char
terlng vessels, upon thorough examination Of
the subject, they arc of opinion that it would
not answer, for the following reasons
That the interest created by charter would
be too SMALL and that the enterprise would be
upon too uncertain foundation in 50 import
ant an undertaking to our city: That the pro.
hts arising to the owners of chartered vessels
would be saved by Company owning these
vessels: That there would be a continual clash
ing OF interest between the owners and charter
ers. Having the vessels chartered by tho month,
the owners having their own masters, the char
Ter party would have to guaranty that the yes
sells would have proper DESPATCH That the cap
talns would not consider themselves obliged to
be as accommodating to passengers and freight.
ers, and to consider the interests of the Line
as if directly employed by Company. Ano,
Their serious evil in chartering would be, thai
we should be subject to constant fluctuations If
the value OF vessels, and when in much de-
mand, if successful in obtaining them, weulC
be obliged to submit to exorbitant rates.
Your committee therefore recommend the
building of vessels instead of purchasing; as
handsome, strong and well built vessels, if pro-
perly managed, would always bring cost, and
sometimes profit; that company will be
likely to raise larger sum to build than to
purchase-that the vessels will be strong,
staunch and new, and will deliver cargoes IN
much better ordor-insure for less, and being
fast salers, can be depended on for time Of ar
rival.
Your committee believe that there would be
no difficulty in raising $4,000, which amount
would be sufficiently large to build three
barques to carry about 1000 bbls for the Mo-
bile trade, and two schooners of ! 200 barrels
for the Wilmington trade. The barques would
cost about $4,000 each-the schooners about
S4000-in all s3S 900.
An estimate of the expense of barquc, say
for sixty days, will amount to about 1886. A
freight of cotton from Mobile at the low aver
age of 5-S of a cent will reach the sum Of
$500, leaving nett of about $3.50, to which
add the outward freight and passengers both
ways, more than sufficient to cover lost time
and mlscalculations.
Your committee also recommend that COM
mlttee OF eight be appointed, whose duty it
shall be to open subscriptions to an amount not
exceeding
That the chairman of that committee be
considered as agent with full power to act UNI
der the direction of said committee, without
compensation for his services until the subscrip-
tons shall amount to a sum which shall, III
the Judgment of the committee, be sufficient
TO commence building, when the subscribers
are to be called together who are to be consi
dered Stockholders, and elect from that body
eight Directors, one of whom shall be Presi-
dent That the above committee be author
ICED to frame and procure from the Legislature
a charter for the Company; and further, that
the committee of eight be authorized to char
ter vessels to commence running as soon as the |
amount of subscriptions will Justify them in so
doing; and that these vessels be employed un-
til one or more Of those to 10 built be ready |
for service.
since The above report was written the COM |
mttee have received a letter from Il. +. Lo- |
per, Esq. Of Philadelphia, from which the fol-
lowing is extracted:
He Offers to build boat of rs tons with an .
engine OF 26 inches diameter, , feet stroke |
furnished complete, with chains, cables and an
choTs, nasts, blocks, spars, rigging and sails, !
49, N''e 9ISC pliS btI MS w "SSN'iA''i'"itS |
90 passengers (cabin furniture not inLluded) for ,
$1,000. lie recommends that the boat should !
be 1875 feet long, feet hold, "a feet beam
The cost OF running per month is as follows:
Captains wages SEQ, Mates $50 First Engi-
neer S35; second $50; s men before The mast
) 10 each; Steward SIS; Cook Sl5 cost of VIC
tualing IS per month-mahing the total of
SSOo' Coal for three trips sl44, in all S449
per month.
Against which are the proceeds Of three en-
tire trips, and at the low estimate Of six Passon-
gers each way at SI2 each; meals extra, which .
IS 50 less than the in land route the cost OF run
nlng would be covered, to which is to be added .
tho freight, the principal source of reveuuo-
he Tune required for the trip about % hours
each way, making the whole running time in
the month IL I-2 days.
Or he will sell the Col. J. Stevens, bulk four
months apo for IA 1lO 81. a. l0n r.at I,n,r