The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-06-15
THE DAILY DISPATCH,
monday Meruips, June Id 1917.

THE DAILY DlSPAI CH:
Monday Merutps. June Is 1897.
sails vs.. steam.
srch depression, II 10 said, as now exists 10 the
mercantile marine Of New York, has been se'do"
e,psrienced. According to the New York jour
nal Of Commerce, wharves, far mp town, usu.,,
vacant are fully occupied by ships laid up IN ,us
ness other vessels, taking their chance 10 "-
sail In ballast, or otherwise earn IN unp'o". 49,
loss to their owners. Profitable voyages -. =.
exceptions Prominent among the CAUSES
,ne to this result. the Journal mentions 'ne -
increase of ocean steamers, wnoSe 'Ana
h.., rore rercs,,,h,e since the close OF INC
w.r ,v ~h,ch quite . number ofihem were 'e'ea'
-, e.or, ,ha accommodation service As"uss'o'0'
h.,reeu wind and steam mas oeeo
'. ,,,,, the ocean. which the JOURNAL pre-
,,e,,, -. TIC protrac,ed, for the great mar /.
-. have already an overstock oil san auo
'.'''o which will not be scnsioly diminish
- abstraction for several years
'U "a, trade is prosperous says the Jonrna'
ill annie employment for all, AZ remunera
,.,.s. When trade flags, steam will be at a
,...s,sn,sre on account Of the greater expendi
attending II. use Here ia the point where the
.,s-s ot sailing ships feel their strength If they
80, s,vavs make money as fast, they are GER
at, No, 10 loss 1t as fast Thus far they are I'M
.stionshly the smallest sufferers; for ii may "fFl
=, doubted .nhher single line oftrnns at0ntJe ''ta
,,rs ,yctpr the Camard has yet eorned dofthr 'e'
,,,3 il. COS, and erpenscs. Two Of them have fe$
c,ntly done we'll, and paid dividends but, aher
,.Ir,,irg expenses and allowing for deterioration
=, ~. sbi,s the stockholders will not fud them
a ha,a t;t,a al by a OpPrattOQ ana yer,
sres, amount of capital is being invested In stea
mars abrosd-propellers being preferred, almos..
without exception We arc informed that, o
eighty steamers In process of construction at this
momen, in England and Scotland, there is but one
side-wheel steamer. Quite number OF these are
intended for the American trade; and the English
evidently cherish design of eifechng coup DC
.ais that shall prove as etfectual in restoring to
q reat Britain the supremacy of the seas as was the
American clipper fleet 10 deprvng her OF it-as re-
q ards the size, heetness, &c OF these Sameis OF
the ocean," Something Of this sort seems 10 have
been In mind when one Of our London contempo'
r.res recently indited the following:
"Fhe indications are too distinct to be miscon.
ce,ved that a new ia ocean navigation 10 rapidly
apprcaehing The proofs havs become convincing,
10 investigating minds that iron and steam are 70 su
pcrs,ds wood and canvas, In the movement OF me
pheres The greater SIZE strength and security In
every respect-to say nothing of durability OF wear
which may be impaired 10 iron Steamship combine
{, render such result positively certain. Before
the end Of this cestury there ir,H not probably De
tsoodsn hull navigating the atlantic under cdnrds
The en- loymout of steam motive power has
si,esdy accomplished more than OlTer Evans, or
Solomon Coo or Francis kortuoe, tbs so considered
enthusiasts Of their times in relation 10 Its pre-
polling properties likely ever masined In their most
enlarged antieipatons Of its SUGGEST But, notwi H.
standing all that has bean 80 wonderfully consumma'
ted through it's agency s not presunsole that any
thio G like perfection hss been attained in the salu
tsry iule il is to exercise on the destinies OF
mankind. Science nevor slumbers"
Whilst the Journal thinks that such bold asser-
tions should be taken with considerable allowance,
1t admits they have certain significance. Forty
ocean steamers now ply between North America
and the European continent, only about one-fifsh
of which are American. Since the introduction OF
steam in 1888, 1t appears from statement of the
Treasury Department At Washington that too tfhs
Of the ualus of the mportations into Nt'o York from
England and France haze passed from sail Dsssets ID
ocean steamers So great have been the improves
meuts made in propeller machinery, in securing
power and compactness, that the machinery oecu
pies but oneth of the space avaiab lie for goods Ii
the common merchantmen The Journal adds tina
the subject is occupying the thoughts of the New
York ship builders, and that there are among them
those who are ready to demonstrate the ability o
Americana to construct propeller steampships tina
shall be equal to any afoat, and who are desirou
OF obtaining for tiis department of marine archi
lecture increased attention.