The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-31

winch thsy are now running, aud are preparing q
Iuss 10 every principal port IN the Atlantic and Pa
cine n hardly two years siuce their tirst ecsan
Nesmsnp, Tor the purposes VI trade, was launched.
and YET We hear BY every mail. ut some rapid ad-
vance made towards more than participation d
the steam traffic between the Old and new eon-
| the Pacific. The wealth OF California Tie a.
va1tages to be derived from proposed canal or
railway to connect the Atlantic aud Pacific oceans,
and the consequent extension OF trade to the eas-
tern seas, well on the shorrs If the Pacific,
will be chiefly in the hands OF the Americans or
at least, they will carry on the most profitable por
ton of the business, unif ~ some efforts are made
by our Englsh shipowners and merchants TO share
with them the carrying trade l.. both oceans This
cannot be done by following cur our present sys-
tenn. II is true that we are nov sending out nom
London and Liverpool VESSELS well built and
possessing equal sailing qualities with the Ameri-
cans but these almost all limited to the East
Indian or colonial trades, aud with the exception
of the traders from Liverpool 10 south America,
the vessels employed not equal TO those OF tho
United States engaged in fhr passenger trade. But
the Americans are not content with the great 3D.
vantages they have DERIVED from he superiority Of
their sailing vessels as nov employed; they now
see that both passengers and nserchand1e must
participate in the facilities whcn steam affords to
ocean transit; and we'll knowing that steamships,
such as are now used, cannot slIord 70 carry tho
forms the bulk of the traliic at rates suit.
ed TO the means or value at elther, they have de-
termined TO adopt the auxiliary saver of the screw
propeller. by which they Will ~ enabled to carry
nearly the same number al psss. gers, and almost
an equal amount OF goods IA less than half the
time occupied by their SAILING vessels, and only at
such an increase OF expense will be more than
repaid in the saving OF ~aars, provisions, and
small additional rate Of resen,. which will be will
llngly paid by shippers a. get their goods TO an
early market. That such vessels will have the
preference over sailing vessels Is without doubt,
both for eriligrGnts and goods Bit Ia not only in
the trade between the United States and Europe
that such vessels will be empi"t-d the South Ame-
rican ports, in bath the Atitntc aud Pacihc, Will
share the advantages 81 thus improved mode OF
transit and, by its Adoption American enterprise
will continue 10 main fne Advantages IL has
already obtained in the si'enor,ty of Its sailing
vessels. That is, il British snip builders and owners
remain quiet while this cnang- II going on and II
they allow their rivals sweep from before them
all the advantages now ~hnwn. aud for which they
hold ample means IN their own hands. AT this
moment does not Grear Britain possess the first
engineering establishments IA the world, whose
products are sought for hy ,iiusions, and by whom
all that is connected with siesm engines can be pro-
duced at far less cost than in America, or any
other country lHave NOT ak, n the lead in mat
ters connected with strau g,y'og experiences for
the benefit Of othersl Tn@o ~hy should not Eng.
land, with her capital aud r skill of her mechan-
les, take the lead in the aod important change
now in.operauun boz, - ia, he enterpnsing pro-
prietors Of the Cunard ste au-hps and the equally
energetic directors of The cohptny proposing TO ,
carry the mails 10 the Cap 81 'iood Hope, are the
only parties who appear 10 h. aware Of the neces.
siiy of promoting mode Of transit more expedi-
ticus than by saiiiag vessels, snd less expensive
then that obtained by the present steamships.
II is to be hoped that THIS ,ppor unity OF giving
profitable employment 70 cimrol. and Ia our sliiful
andindustrioUs artisans, viii rot n neglected; they
have been driven 10 foreign counties for employ
ment-t is 10 be hoprd that they viii now ind II at
home. Already more than at the gen lemen
who declared at public meetings., aud by letter,
that the shipping int ss Of Great Britain were
sacrificed TO foreign compennnp, and that ruin
must overtake oil who were rash enough To attempt
the contest, are found hu-lly employed 10 building
large ships, and investing therein an amount OF
capital equal 10 the revruur 81 many small states
1t ia to be hoped that thsir example viii he fol-
lowed. and that the large amount of capital now
seeking employment will soon he iavesed in the
increase and Improvement ot our mercantile ma
rre.