Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1845-11-04

estad IN commercial pursuits.
The amount of tonnage owned by Great
Britain, embracing e. very kind Of vessel en-
gagged in the Domestic and Foreign Trade
is 3,047 IFS tons.
That owned by the
| United States, is 2,l50,6O2"
The cost OF American shipping is $50
per ton: and an experienced ship-owner
has estimated the value Of our whole insr.
camille marines at $40 per ton, new AMI
old. The cos, Of ship building and fits ma
terials are much lower in Great Britain;
bnt admitting all The mercantile shipping
which that nation has ahoat, is worth $40
per ton, then the volue Of
British tonnage would be $l2l.s 800
| American tonnage, S6,3i4,Ls
French, 359,6l6 tons l5.7o5,7Gu
Value Of the tonnage Of the
three nations, $223, Sl4,76D
AS the interest Of capital invested in
trade, ought not TO be added to, but deduc
ted from the profits Of that trade, in order
to arrive at its precise net gain, we shall
be admitting very liberal profit to this
amount OF shipping, if we estimate it at Is
per cent, after deduc,ng the ineres, Of the
capital employed. And we submit this es-
,imation 10 any ship owner, as one suffi-
GENTLY high; for such an amount Of ton
mage even if there were not one uninsured
vessel los, on the ocean during the year
Then the net annual profit Of all the ship
ping owned by Great Britain, the United
States and France, at
Is per cent, is $33, 572,2l4.
Now, intelligen, ship merchants, will
| you not stick a pin at tina; fact! And, now
another at this? The appropriation Of the
British Government to their Navy, for the
current year, is 1898, 620. 2O0M
Now appeal 10 your sober convictions,
if these two facts are not of some signif-
canoe to the commercial world! Think Of
it, Tor moment! The profit of the whole
mercantile marine of.hese three great ma
tons, falls short of annual expense of sup
porting the British Navy! And this is the
protection which Commerce owes 10 Ma
vies! Here are the three grefit CONNER
cial nations expanding annually fifty two
millions Of dollars on their combined navy,
whose principal function is to protect COM
merce and nav igaion; while all their mer.
can,ile shipping Ca" sar", above lis cosi.is
but little more than thirty-,hree millions
Der annum! Look at France in 1887
appropriated about Sl2 $50, 900, to her ma
Wy department, and she owned tia, year a.
bout $40, 900 tons Of shipp ng; which, n
$40 per ton, was worth ST., SEC, O0O,-a
,rihe moie than the cost Of its protection
But let US bring this mater nearer home.
We have about l,O0O,OO0 tons OF shipping
| ~, he, E1roirp rra1a. tho Et
Of which, at the rate we have taken, is
5000, 600 per annum. To protect this
interest is almost the only avowed object
Of our navy: and TO render it adequate Ia
the service, the government appropriated.
for the current year, S6,350, 1891! Now
is no. such mountain load Of naval pro-
tec'ion like mill stones about the neck OF
Commerce, n grievous burden 10 her cam
vass wings? Nations which do not own n
single vessel Of war, are undertaking
those whose bullying, clustering navies
whiten the ocean. And | will close this
article with The words OF an extensive ship
owner in this country, and which IRE sim
gularv concident with the declaration of
Joseph Surge:
alt we had not single ship, we could
receive and send away every thing We
wished to buy and sell, by foreign vessels.
which would do their own fighting, and, in
stead Of charging our commerce iarthng
for naral protection, wovld carry oil our
freight a, cheaper rate than is now paid
for The same service" f. B.
Worcester. Sept. "a, ls45.
EDUCATION OF MECiiANiCS-VAL
UE OF IMPROVEMENT OF TIME
IN MENTAL CULTIVATION.
tits lamenlab!e error, but prevalent opin-
ion among many parents and others, whose
positions and character wonll give them
influence, if no, power, 10 avert, IN
measure the evil, that mechanics have no
need for education. beyond the man rudi-
ments of the most common branches.
We have often heard i, alledged, that, if
mechanic could read, write leClble hand,
and cypher enough to keep his accounts.
he possessed all the educaionthat heneeded
A case in point, showing the falsity Of
this notion and also, The value to- young
man OF vigiIaEt Improvement OF his le,s-
ure time. the storing his mind with useful
information, has been related 10 u.s. II is
that of a young Blacksmith, at Erie
l4elt an w pHuu "Hcb Joo"6t "''".s
Of support, or for procuring an education.
Except by his own industry, he learned
early to rely upon himself ; and matter
of necessity TO study economy in the use
Of time and means. In the course of his
reacing he..was attracted by the science OF
Geology, and from thaito Mineralogy.
The section where he resided, WAS sup
posed to be beyond the iron region, be-
cuuse that mineral had never been foun1
there 10 its more usual forms. BY acci-
dent his attention was attracted, TO what
had previously been considered merely
colored earth. lie examined il, and at once
became satisfied that it contained iron In
sufficient guam ity TO warrant working
He then enlisted some capitalists. erected n
furnace, produced the ore, and found II T.,
WELD a gu nifty Of metal unsurpassed by
any in The world. for many purposes. par
ticularlv stoves, one of most Indispensable
articles IN use. The result is hat he es-
iablishment-but few years in existence
lis now yielding 10 the enterprising pro-
prieiors clear profit of25) TO $40 dollars
per dav, and incld entally beneitiing near
lv every member Of the community in
J WHICH II il loca ed So much for limited