The daily union., 1852-07-07
For the Union.
The steam Interest.

taseF which they have so long enjoyed and frequently
improved 10 their own emoument and proporlonate
loss Upon the first establishment OF the Cunard ne and
before people entered into competition with their
transatlantic rivals for the mastery in ocean steam navi
gaon the monetary interest of Great Britain BY means
of lis connexion with the government whose purpose il
rs always occupied in carrying out practically held the
almost entire control OF the corn and cotton markets of
the United States, and enabled to conduct the most
gigantic operations in those important products with an
absolute certainty of success The or fall of penny
pound in cotton the other side OF the water involves
the loss gain Of millions Of dollars those holding or
dealing in the article this side and the same is true
though to less extent in OF rise or fall in bread.
sufs and provisions. How valuable then, must be the
exclusive possession OF correct intelligence upon such
subjects and the pc wer OF communicating or Withholding
il at will
Such exclusive intelligence and such power of trans
mittmg or keeping il back the British mercantile and
banking interests did possess very great measure
whit their steamers enjoyed the exclusive navigation
OF ths Atlantic and that they did hesitate avail
themselves OF it in o-Iepaaled instances might easily be
proyd by reference TO the frequent alterations in the
day sailing OF the Cunarders with the OF the
Brih authorities. Odriradng community have too often
expeienced, 10 their cost the workings Of this complica
ted tut powerful machinery 10 need either facts or
gunt TO enable them TO appreciate the adverse effect
OF s operation upon their interests and that of the
country, but we do think that government cannot be
too constantly reminded OF III and that when the expense
I, which il is subjected in contributing TO the partial sup
pon of line of steamers in its struggle against
the tremendous monetary power Of Great Britain becomes
the abec of consideration, full weight should be given
TO- and ample allowance made for, the incalculabe bene
fits has conferred upon the commerce OF our country.
TIE Collins line now beats the Cunard regularly
from few hours TO three four days the trip between
Liverpool and New York-more frequently days than
hous The letters BY the Arctic. which arrived in New
~ IA J.ta
than those brought by the Cambria, which only 10
han the day before and yet the OF the Arctic which
occupied ten days and twenty hours, by the
quickest that has been made In the more recent arrivals
OF the Baltic AMI America, recolect the fact
of the superiority of the American steamer occurred
again. and with similar result Ia word, the mer
camille advantages heretofore possessed by the British in
the gay Of transatlantic communication have either
Beatrazed transferred to ourselves BY OF
the Apecan line OF mail steamers; and when IT is OBJ
ecic TO them that they have not yet earned sufficient
poslaIes balance their mail pay. il may very properly
be suggested, in reply, that the aid they have extended
10 ouI commerce il worth vastly than the difference
in p,cuuary point OF view, 10 say nothing oil what the
American people prize far highertbe laures they have
won UPON the ocean, and the credit they have conferred
upon American industry and enterprise and skill.
OF he other lnes-lhat from New York to Chagres
and from Panama TO San Francsco-it may be said that
they ALREADY by posages than their mail pay,
and have been doing for considerable period. The
government is actually making money, and that rapidly
by lis arrangement with the California lines but OF what
conseq is this compared with the great benefits they
are conerring upon the travelling and trading portion OF
the community and the incalculabe assistance they have
afodedin the development OF the resources OF mag
n6cendomain upon the Pacific Without them Califor
na wo,d not have been what she iscerainy not what
she is 70 But for our own mail steamers, no small
share the golden harvest which she yields boun
II IL -. lxx. b.yn n..uy ux
ing bu, he easy and rapid OF communication which
they hare constantly and regularly furnished between her
coasts and the ports the Atlantic could have
supplied her with the active, energetic, and enierprsng
popuaon which she possesses or enabled keep up
our connexion with her and beneh, largely by her in
exhaustibe resources.
The discovery OF gold in Australia and the other
mote regions OF the Pacific opens field OF opera.
tons TO the steam marine, and OF one OF which
should not scruple delay to avail ourselves. Our
erprsing citizens have already made their way in sail
ing ships 10 the auierous islands Of the South Pacific,
and IL announced item OF commercial in
elIgence, that Boston vessel has furnished the miners
OF those parts with the Indispensable article OF buckets
to the amount of sixty thousand This is but the be-
ginning; nullitudes will soon be fockng thherwards
to trade and seek for gold and II but fair they should
for the whole world has been hrongng to our own
Californs and her OF treasure have been freely
thrown open TO all We have manifestations OF
disposition on the pau OF the British government TO
ttnce aay restrictions upon the means OF access TO the
mines and pacers OF Australia, but il should be borne in
mind that her steamers in every sea and visi
every port To enable American enterprise to participate
in the advantages of recent discovery 10 protect Ameri-
can commerce and adventure in its progress, and to
AFFORD il the means OF competing on equal terms with
the rivalry which il will everywhere encounter, the
system adopted under Mr. Folks admnisratlon-tho sys
tenn 10 which we owe the establishment OF the Liver
pool and California lines and all the benefits accruing
from 'them-shoud be regarded by the government,
it by the people, with favorable eye, and cherished
with fostering hand The establishment OF these lines
at the moment when the gold discoveries in California
rendered their services Of giving
to our country the lead and control Of the comuunica
ton with those regions justly regaded by Mr.. Polk
one OF the most fortunate incidents in the policy oi
his administration which he always referred with pride
and pleasure Had we now ahoat, AZ we might easily
have bad. commercial steam marine plying between
San Francisco and the coast OF China. with what
tainy Of nigh, not have entered upon the
projected expedition TO Japan ian expedition upon which
the eyes OF the whole commercial and civilized world
fxed for the fortunate termination OF which suc
ardent hopes cherished but to take advantage oil the
results OF which, il avorable or to remedy arrest them
IL otherwise, our little squadron should be backed by a
fleet OF ocean steamers like those in the service OF the
British East India Company which were recently placed
the disposal OF the home to AID in the ex-
tesion against Rangoon Steam is hereafter destined 70
constitute the gresi element of progress IN commerce and
dciesce IN war The wide extension of the SYSTEM based
upon II. ar and nae the interests and the inclination