The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-07-19

Destination Of the Great EssssrD-Colonsl
Dudley Mann's Pretscs q IN Ocean stean
Ferry.
no rBi CITIZENS OF rm sLAvsuoLDMe STATES.
WASHINGTON, June Is, 1857
In closing my address Of August H. 1885, romulgating
We Chesapeake bay and Milford Have. steam ferry pro
jeo remarked In another communicated shall enter
into minute details relative TO tho manner Of carrying
INTO successful operation. VIII state, however, that
every Southern citizen who chooses may become . co
partner In IT, that the shares VIII be issued for 500 EACH
until all shall have had lie time to subscribe for
ope and that each sAvAhodng and tho District OF
Colombia shall be enti I'd To manager In the concern"
When my address was issued imposed that should be
enabled 70 charter for company several
ago. but as 10 now quite tain has cannot be ob
tanned before next January or February, cannot in view
of the manifestations which skingly furnished
from day TO day. longer postpone without detriment TO
the enterprise the commencement Of preliminary opera
nUnB
AS chmerical this enterprise generally regarded
when ast communicated 1t 10 the public, and THAI
sndous ncreduly 's endeavorng to get in advance Of
IT, particularly In New York, since discovere
that through Long Island Sound the Great may ap
preach the confines OF that city. strange enough,
tapy but not strange than true that tho journals
which have been most camorous against the Ferry
aleene that II was entirely too sectional s Character,
that hostile TO the conservative sentmenta Of the
Union, that would b"get dangerous commercial rivalry
between the two divisions Of country that would
ahve the slavery agitation, In sh rt that almost Of
prospect Of an early vr Of he Great Eastern to North
port What remarkable and Instructive veracaton
Of the homely adsge " circumstances alter CASE"
Ir October, 1885, after having carefully exsniuet he
10, latham then In early progress OF construction, called
company with two distinguished Amer ans to NJ
Brunei srchke and originator In order 70 ascertain
what the chances Of inducing MIN TO ke the Cnea
peske her des tnaton dc promptly informed me. after
" tenbg 10 my own representation aud subsequently to
thoe Of my friends that he could got hold out the slight
est that would be In his 10 com
pity with my wishes, nssmnch ss abe was expressly IN
had been arranged accordingly. 1t Vas then expecte1
that she would be ready for In the following August
In month two, however after thf~ Interview, Mr..
Scott Russell, her enterprisng constructor, found him
self unable 10 comply with bis engagements, aui an
entire suspension in the sruction occurred viii n
S s Of an the oe
des, was ol rather than make additional advances,
inclined to abandon the undertaking in despair.
While affairs In THU almost hopeless condition, CAPT
tas having large interests In the Grand Canada Trunk
Railroad proposed to div de the amount required for her
completion, upon the coalition that she would run tempo
rarly Portland instead Of Melbourne Tho prop s ion
assen,ed 10, not from choice perhaps but from
cessiiy sbe WILL therefore, a. am assured on rea
BILE authority unquesonAby proceed TO that CITY a. soon
she prepared for vice which, s believed will be
In DC ober; and from thence she may steam around 10
Ne. York (making the run in ten or Twelve hours and
Until recently did not suppose her commitments to 90 70
Portland were so obligatory.
1t the intention Of the company to CO nmence the con
srucon Of companion for her in the Australian De and
the two Will constitute packets between Mi1ord
Haven and Fort Philip Hence there is but little likelihood
that she will engage permanently In the trans Atlantic
trade. She may be far from perfect Ia her proportions
and In machinery but she will assuredly develope
principle in navigation which will accomplish great
revolution in carrying AZ the locomotive has accom-
pished on land To ready this principle to the
best account the earliest possible bo is duty which
southerners not only 10 themselves but 10 their pot
teTiiy II this does not occur am resolved that 1t shall
not be attributable 10 want Of energy on my part
After mature reflection the plan propo ed IN my address
for raising sufcitn ut amount OF money TO consummate
the steam ferry project as ncomearaby the most prac
tica well the desirable hich suggested
itself To my mind. Is, explain ed ia he quotation
from that address, to obtain by individual Inscriptions,
each member OF family have the privilege subscribing
for share of hun dollars but 10 be permitted
10 take two until opportunity shall have been
afforded TO all TO subscribe for one AZ the more imme
oate benefits which to be derived from the
will be generally dfused In the circle Of M operations,
was thought Of primary Importance 10 distribute AZ
equally possible the stock In that circle 10 my opinion
there way in which hundred dollars will be
ployed for term Of ten years more probably ~ AZ in
vestmen-apayt from the enhanced value OF property
which would occasion-snd there is certainly none
which would afford much agreeable Interest," regardless
Of pecuDay earning, to the stockholders Az well 10
the old the young the rich - the poor those OF the sea-
board Of the nteriorhe joyous, anmatng, cheering
perfor Of the ferry would become asamiar
In their mouths as household words have seen kings
saved from bankruptcy by small loansrom heir subjects
and costly testimonials TO worth purchased ~ penny con-
bntons from The earnings Of industry. The Southerner
has been outdone In icous beray and he can
be safely counted upon in the present instance.
But there prudential considerations why the money
undertaking should be raised the
ner decided upon. For the FIRST year Is not like
" dividends would be declared and II the stock
Owned by capitalists would probably descend TO a low
point OF value and subsequently 6nd i way into the pos
session parties who would transfer tho vessels
lagonisc service Capital seldom works from dsinerest
ed motives psrossm iooss e1o,as,sy 70 benign re-,
be satisfied with successful experiments In behalf Of the
veal until ample time was allowed for the enter
prise 10 display its merits In full grandeur.
seems TO be generally believed that the Southern Con
venion Savannah did nothing more than adopt strong
resolutions in favor Of the steam ferry This !. great
addressed TO the following letter. which, from tour
made in half dozen Southern sttes, persuaded en-
bodies the sentiment OF It's constituency =
DEAR sR--The undersigned officers and member, Of the
Southern and Commercial Convention, and
citizens SOUTH have read with much satisfaction your
issued from London August L. 1885, and addressed
the citizens of the saveholdng States, IN relation 10
weekly Atlantic ferry line Of iron steamships OF thirty
thousand ons, between the Chcsapeakc Bay and Milford
Haven Approving the suggestions contained In that com
muncaiop, and induging the hope that southern capital
sufficient 10 accomplish the object Mt which you aim Will be
freely offered In the and upon the conditions you
propose, take this msthod OF saying to you that
shall hold Ourselves each ponsoe for share Of the
capital stock OF The company hereafter to be organized and
will other wise contribute far can 70 the speedy
and complete success Of the enterprise Very respectfully
WIN @ Swan, Of Tennessee,
JON CRAWFORD, OF Ga,
EpxuSD MAKrN OF y G., y,.o pros,aon,.
BuHrA, OF Alabama,
W. n MoxnY, Of Florida,
A. hcIBoD, OF Texas,
N. CInuD, OF Ala Secretary.
Here follows q list OF me nbers from different STATES
Here proof suci Mt satisfy the most skepu al that
The states Of the South concerns the steam ferry are
disposed upon the principle OF one for all aud all
fer In this unity Of purpose their respective int
rests will be best subserved, the property In each alike
benefited no, cities 70 sn, s tn. enterprise s,
and prosperity. II is the country which u will
e,., 's,vs,ss oasd prOpTs.Arss the . rural DIS
mountains. The South wants New YOrks
or overgrovn commercial emporums-no redundant vi
cious vagrsnt population, 10 dcmoralire the body polite
or barrass IL repoee prefers 10 behold Ron the quiet
Of cheerful homescads moderate zcd, substantial
s sesboard and thriving inland towns and vii
lagos where crime cannot be epgendered by deness and
where there Ia nucleus for vice 10 gather around
n Ia due TO Virginia, the Oldest and largest OF the
States interested that she should be first approached for
SUBSCRIBERS the stock shall therefore begin the great
work within her limits. In such cause have no scru-
pies OF pride 10 restrain from soliciting aid In simi
lar example " furnished fer preserving
on by the hrpt OF that adorned any country
Ar a. the company Ia organized shall commit 70 ~
anon ho yooult Of NV