Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1854-10-26

NJi we hOilce Dy an advertisement III
the Providence Post that DIR. Jean Baptiste
Gabriel Fauvel Gouraud, Vice Consul of
the Empire of France for the State of
Rhode Island and Providence Plantations,
in the United States Of North America, has
an advertisement in which he states that
the subscription books OF the "Atlantic and
Mediterranean Banking AID Navigation
Company" are open in Providence, and
that all persons having funds can now sub
scribe to the stock of said Company. DIR.
Gouraud, by the great "Magua Chara'
granted to him and his associates by the
General Assembly of this State, proposes to
build sixteen steamships, of 10000 tons
cach TO be 1000 feet long, and propelled
by G engines and propellors, which are TO
ply between the ports Of Rhode Island, the
Mediterranean Sea, as far as the city Of
Constantinople to the eastward, and towards
the westward between said harbors and the
ports of San Francisco, Canton, Melbourne,
Australia, Jedo, and all other ports belong
ing "to the rest of mankind" Each steam
er will accom- mediate 5000 passengers, and
will make the passage from the Island Of
Prudence, in Narragansctt Bay, which will
be the great Western Depot Of this i'm
mcnse Company, 10 Constantnople, in sew
eli and three quarters days, including stop
pages. Those possessed Of available funds,
for which they have not and never expect to
have any use, would do well to invest in
this gigantic enterprise. We learn that at
the tiis meeting of the Directors, his ex-
honor, William Beach Lawrence, will BE-
elected President. The Governors well
known propeling powers will 4nques-
tionably give marked impetus to the gi-
gQutic enterprize. The Providence Jour
nal and some other rascqiy Wing papers,
OF Il similar stamp, have been endeayoring
10 throw cold water upon this tremendous
project for ths rejuvena,ion Of New
port, since they have ascertained that
DR.. Gouraud indignantly refused 10 make
the little muddy Cove in that little city,
which in itself is really Of no importance,
and might just as well belong 10 Nassachu-
setls,-hiS grand Depot for these steam
ers but we are glad 10 say that their puny
efforts have been of no avail, for Gov.
Lawrence with that magnanimity which
has ever characterized his whole life, i'm
mediately came TO the rescue, as soon as he
found that the interests'of hi, beloved New
port were in danger. Although very busi-
ly engaged in writing editorials for his pa
per, the Weekly Advertiser, in regard to
the organization of the Supreme Court, and
selecting suitable candidates, with his well
known modesty, to fill the vacancies,-still,
the moment that he ascertained that the
sharks of Providence were determined TO
monopolize everything, and take away Dr.
Gouraud's steamers from here; he threw
himself into the vortex of contention, and
ucIluItu tlldt tiiio oIIVuiu IOt uC tOuV, iV'
he came here TO civilize the rude descend.
ants of Roger Williams, and he intended to
teach them, especially of Providence, that
his influence should be felt and respected.
We have gone somewhat at length into
this matter, because we felt il TO be our du
ty to cndeavor to take care Of the interests
of the people of Newport, although We feel
some delicacy in doing SO it is true that
we and our ancestors, for several genera.
tons back, were born in Newport, t,--bnt
still, the parent stock came from Scotland,
something over two hundred years ago, and
we therefore do not feel that we have the
same right TO talk freely about the welfare
of Newport as Gov. Lawrence has. How
ever, we wish it distinctly understood that
the Providence Journal must not interfere
in regard to this or any other equally im-
portant matter which seriously affects the
welfare Of Newport, because if it does, we
shall certainly make the matter n personal
affair with the editor OF that paper, aud he
will have to settle the difficulty with us,
at Ochre Point, or some other equally re-
tired spot in this vicinity.