New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-03-02

duced, and tie Whole win probably Be lowered s,,n
gradually to 'ov-wster mark vhen-e on the ssusia~
ice, The vessel viii be doatef of. The ooe,v,o, -.
thus Be performed - so~iy - NAV bs l,.y
ccnveDient or II upon further eons;dsr~ss>
launching should be thought pre,.rshs !, ~.
adopted. The whole Of the vessel 4 div,S.S 80.
ver.el, INTO Irn sePse perfectly water tight s,m.
partmenfs BY oulkhesds carried 40 10 the uossrS
and, ccr,squspty, fer above the deepest 80. 49,.
even If the ship were water logged 20 IA, 49,
ship could be- end these being nos nomns, d;s;..a'
but complete substantial oa'keesia vsssr usa,' Al
Of sfr.sg'h sufficient TO b-sr The pr,sssr =, va
water, ,houid Q compartment be eyes ana - a.e
water. " the chip were supposed % be en-, I, -, -,
separate portions would foat safely and no s.o,'
however great, 70 the ,hips bottom, in oue a, 49,
two q these oompr meois, would epdsager ths
floating OF the whole, or even damage the earvo 4.
the rect Of the shp, above the nsiud.ek. AZ ,h.
con partmept in qussror AID ell dam se1hls 49,
would be stosed above that Geek. Ba,ss. t.,ss.
principal bulkbescs ibere Is ia essa eana.,.
ment second intermediate bulkhesd, forming q
coarbupker sod carried ap 10 the msin-deek al
which can, on an emergency. be closed. Tn...
art DO op@birgs under the cteo s.ter.lins thron-s
the prir cipa bulkhesds. except enc contiopo,. ~
l.ry or pipe near the vsier.line through .hsrh m.
ste am pipes pass and which viii be 90 const,ne,.s .
to remain coee2-she opening being tbs sxcscto,.
ard the closing sgsin being easy and the hight sen
such that the onost improbable eiru ne, .ness
of damage to the ship, ample time ~oad he eli ,rdst
10 cl0se il eisufely, ano to make perfectly water
L sletem-to "a IA
lowed rigidly, ard withou. eIcsproi-of m,kiae a,
op. DlDes wbsever, even BY pipes and cocks through
the ships Bottom below the low water line. md | ~.
tsch some Importance 10 this system. Independently
OF The s,cur attained by the pert,c, DIVISION Of the
ship into ready water tight compartments, Of sra-
Gent humber iha, the entire dill Of one even two
of them will eniarger The buoy sncy OF the whole
the chances of any such damage cause the dl-
Ing of one OF them are greatly diminished by the NODE
sOopisd H. the construction Of the SHIPS bottom Ths
stern the whole buoysncy Of which is c,cpxstive-
~ unimpoi:aDt, from the tncness of the lines, up
to hight considerably shove the deepei water
line, is formed with double skin, with al in.
terv,nirg spsce Of about three feet Tee nate.
rial Is os.d Ion gitudiosly giving o. the waole
much greater strength, with tue s,m- amount OF m,
tersl but one Of tho most i'm )oTt-nt resats hiss
been the sreAt increased securits a't,n,d, S the
cutter skin may be torn or reat egfnst 4 rock,
without csuisg the chip 10 lesk. Inc space bets cen
these tive skins is diviced, BY Longitudinal beans snl
the IriJcipsl bu khesdr, ibso some hty s-pxs,s
water tgt compsrtn ef T. AM Que or more Of which
ma, be ell we'd to fill, ~th'ut materially affecting
the INN rsion OF the ship. Besides the lain rsas-
verse bukh-sd at about 90 feet intervals, there
two Ion gtudiDsl kh.ais of iron runong fore and
ard aft a. about 4otst in widt,, adding gre,,y to the
srepe ID ofibe whole AMI frmiog, 9Th the transverse
bulkht ads being ali carried up 10 the uppsr deck
fire-proof party walls cutting up the whole INTO 80
many parae parts tina, danger from nee may DO
eires have been all settled and the principal parts
are in an advanced state Of completion After giving
much t. ho question OF tue d,a meier OF
the paddle heels ano screw. have determined them
for fling the pei ion OF ths shtss,
ard am now ergage I'D IN consideriD2 the best form
ar construction Of The propeller ITSELF and ais, the
cor s,Iucuon Of the stern frame and raider OF the
ship. The portion OF the psddeshaf and the diana
ter Of the paddles has been question OF s,me OH.
Guilty II beirg necessary 10 provide TOR 'ns'dsra'
axsn of fnfa
orrioI ately so great with many exist,ug large
steamers and balance well the rel tive advaataSes
of ecur The bebest average sp' ed at al tia W.
rous drsuRbts or highest epeed 1t isht drausht -
tb ct the vessel may be well adSp'et 70 perform
compar iiv.y short and very quick passages to ports
not oiordpg great drsught OF water, ~ long voy.
ages heavily laden, and At more madsra's miIi-
mum, but still . large average rate OF speed, al
T. ouqh the full advantage Of the great capsciy OF
Il vessel for carrying coal for long voyages would not
be felt in voysge for instance, to New.York, or in
other short voyages; yet, upquestooaby, she would
exceed al other vessels in and extent Of acc m
modatoD; and if il should be found desirable To
make such voyages, this vessel ought to be soe 70
command almost . monopoly by her supe Tor caps
bilnies and have therefore endeavored - 10 plsce
the paddle shsft and 10 construct the wheels that
they can Do adapted to the convenient application OF
the full power Of the enpiD At light dram OF water
ard at very bign speed. As regards the screw, inc
ssne points have to be considered and choice NADIA
among the various forms and proportions more or
less succe. sfuly adopted At the present time an
also Engaged in determining tho character and exeat
of mast and sail to be- carried ss provision must now
be made in the construction Of tho ship for receiving
the masts. Your ooedient servs ant
"The dire ctors see no reason for any abatement IN
their confidence in the undertaking since their las, re-
port, but on the contrary they 'hlok that the public
inquiries ard oiscussion 10 which their operations
have tv.n rise have ter ded 10 increase public con-
fdepce the principle of the enterprse, nor do thsy
think bst it 10 too much 10 assume, in the present
state Of public affairs that time may arrive when
the succers of then epdeavos will be found TO be st
tended With not emily advantages 10 the propretor',
but also of great and important national benefits Ar
rspeeneBfs are in progress. with the Sou'h W"es
Railway Company for sffordDg the requisite amount
of accom- alton for cosliDg at Nsylsods and gen
orally for facilitating The operstions OF The company.
"Tbe following lie asuDmNy OF the receipts and eK
peDCiiDre from the formation OF the company, u
mere fully get forth in the annexed bAspcesneet,
signed by the auditors from January, 1881 tothe 3lst
Of December, 1884, viz:
Total an cunt received III
Total snount exp. ded viz; FOR
preliminary eI .. psss, hartsr OF
Inct rpoTstion. deed Of settle
mept Parliamentary, law, en-
sinesG, interest," and other
p.ia 70 ecn.i:cio:...... is IS t-ln
Leaving balance In hand Dec 81, 1s5f......fls@