The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-19

TO THE EDITOR OF THE NEW YORK HERALD.
OFricr or THE IRISH AMERIcAN STEAMSHIP Co.,
I57 Broadway, Jan. II, 1852
sIR- The character of your journal affords guaranty
tna an enterprise having for its objects the promotion
OF the hest interests of Ireland and humanity will not
hastily or prematurely be condemned through its
columns The contained in Saturdays HERALD
with reference to the Irish an American steamship
Company were dictated, have doubt by spirit Of
entitled TO consideration an II the project for
establishing steam communication between the United
cannet be realized or If it he which does not con-
tain within itself the elements permanent success
then is i your duty to expose and to condemn it. Be-
spectfuly invite your attention to few simple facts
which have had sufficient weight with intelligent bust
in this community TO induce them to commit
themselves to the undertaking
lst The overwhelming majority Of the enigrants from
the British Islands ih and by their conveyance
this country shpowrers have fer years been realizing
large fortunes
I'd IL is certain that irish emigrants would prefer
taking passage in swift and sellprovidsd steamship
from of the ports Of their country vending
weary journey TO Liverpool 10 order TO procure convey
ance to America in comparatively slow and i'll provided
sailing ship.
Thee facts being admitted the question arises would
line OF steamers constructed chiefly with view of
c,mmodatiDg the emigrant travel Ireland prove
remunerative! TO this question, the following state
ment mhst be my answer
roa STEAMSHIP, COSTING 100000, sur
POSING HE0 re MAKE TIN ROUND VOYAGES, PASSAGES
EACH WAY AVERAGING TN DAYS.
Salaries and wages OF captain, officers physi-
clan, &c. in all 40 hands Observation-Disclosures, $4,000
vccuallipg 40 hands, at SO each per month"; l44Oo
Coal, 200 tons, OF 90 tons per day. at 81 50 $4,000
Insurance, 9 per cent? depreciation aud repairs,
10 per cent; in all, 2! per cent on 500 o0o $4,000
Provision for 9QO0 steersge passengers being 900
per round voyage at 25c each per diem. 226Oo
Provision for COO cabin passtt gers, ut 50c.. 10000
Fort charges and sundfy expenses 0000
Agents commissions on S20Q00, at "a per cent $3.50
Total yearly outlay ACKNOWLEDGEMENTS. .S2s965o
loco Cabin passengers ontwards at S60..... 100000
Loco Steera&e do. do at Sl5 ... % 600
LOCO Cabin do. home, at S60........ 10000
5000 steerage Go. do. at S26..,..... 100000
Total receipts. ACKNOWLEDGEMENTS. S3i5O0e
Outlay ACKNOWLEDGEMENTS. $3.50 $50
500 $50
Giving dividend of over IS per cent
1t Is proposed TO construct ship OF the capacity Of
1000 steerage passengers The estimate srpposes to
carry only 500 steerage passengers homeward
trip. II 'he should cary complement tie home
ward trips, she would sdd $50 go 80 her prolts.
RECEIPTS INCLUDING FREIGHT POSTAGE
Passengers above NEUTRALITY-SUSPICIOUS.. $3t6 600
10 Geo tons freight, outward, at S2......... 20GOo
1900 90. home, 1T $40 .............. 10000
Postage. so 600
$4,000
QItlsy, as above. 2S9650
Sl55350
Giving dividend over SO per cent.
Receipts supposing the Of steerage pas.en-
gers on the home passage To be $40 in lieu Of
S25 Observation-Disclosures. S405o 600
outlay rs above, 2S9650