The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-03
New Steams nip Limo to CALIFORNIA; and the
Frazer River tHiaea

New SteaMs nip Line 10 CailtSrnia and tho
Frazer River SAiaca
PROPOSED IMMEDIATE OPENING OF THE NICARAGUA
TRANSIT ROUTE BY THE 10. WHITE PARTY
On the 2ist Of the present month the stssmship Her
mann formerly belonging 10 the United States mai line
between this port, Southampton and Bremen, Will be
despatched for San Francisco and the Frazer river dis
yict she being advertised 10 take passengers Tor
those psces at very moderate prices
Tho Hermann which is to DO under the command OF
Capt Edward CAvendy, will be the pioneer ship Of the
California, New York and European Steamship Company
which holds its charter from the Legislature Of California,
and has q capital OF two millions Of doars There
is peculiarly about the stock issued by this company
which win not only attract attention by Ia novelty, but
will tend 10 render The company popular with those who
travel TO and from California The corporation has A.
teen years from 1862 and attached 70 each certh
cato representing share two hundred and fifty dollars.
fe coupons, for each year, running to 1877,
which will entte the holder to passage in ono OF the
company's ships ct any tlme during the year which
said coupon represents In other words share or
stock now purchased will entte the buyer Whoever
holds tho coupon 70 passage 10 San Francisco on the
steamship Hermann by presenting the coupon for 1885,
in 1860 he Is entitled to another passage, and 30 on They
still have smother iesture The company proposes 10 ex-
tend their line 70 European port and tho will also
ene the holder TO passage across the Atlantic or they
will be received by the company In payment for freight
10 the amount Of any doArsthst being the amount Of
money they represent-but always being good for pas
sage Whatever tho rates Thus twenty per cent at
least, the money invested ia secured and paid in i'd
vance Captain Henry Randall who formerly commanded
OF the ships Of the opposition lines between here and
San Francaco, the agent OF the company in this city
The steamship Washington will succeed the Hermann
and be despatched the necessary arrangements
can perfected. When these two vessels get round In
the Pacific they will regularly between San Francisco
and San Juan del Sur which the principal Pacific port
Of Nicaragua Both steamers will stop at that port on
their way up. In short the Nicaragua Transit route
is 10 be Immediately opened by Jo White, and within
. few weeks . small steamer will leave this city for
Greytown Intended for the lake navigation. Immediately
succeeding her departure the route will be declared open
ed and vessel will be put up for passengers II is under
stood that Mr. White has secured the steamers belonging
To Samuel L. Nitchili's Savannah line, which Ia
posed Of the ALBANIA, Florida and Augusta, all good
chips. One OF them will depart In time 10 connect
with the Hermann which stops at San Juan del Sur on
her way up. The small steamers Lake Nicaragus,
which were the property Of the old Transit Com
pany, are now Of very little use. The Clsyton ID sunk
below the Castillo rapids and Is total loss. The Morgan
Is working condition, and In the possession Of Mar
IL, who using her transport between the Upper
Castillo rapids and San Carlos. The Ia Virgin In good
running order the lake and makes occasional trips be-
tween San Carlos and Virgin Bay The San Carlos which
s the most valuable boat the lake, In ashore La
Virgin and abe remains long In this condition will be
entire loss. II Ia said she be got sfoa for 81 ooo
The long agony about the Nicaragua route seems 10
be about One by the oommodores have gwen
up the struggle and dropped off, until che quarrel wa
narrowed down 10 fair eight between whfe and Wander
bit, and the former appears, has thus far succeeded
During all the time the hght ogrsssns the old mai
company was looking on with about the amour, Of
dainterested sympathy a. was expressed By GER
tain woman when she q struggle going on between
her husband and bear. The only feeling the old mail
company had in the matter was tina, the fight would be
ged thai they might continue to pick up the per-
simmons.