The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-12-04
AFFAIRS IN EUROPE.
Our London, Paris, Berlin, Brussels and II.
Petersburg Correspondence,
As., Ae., As.


Petersburg Correspondence,
Ae., Ae., &s.
Our London Correspondence.
LoDo13 Nov. 10, 1850
Large Steamer Undev Cbnsy1iction- Movement Of Ae
British Cdrisdiists to Control Portion Ae OhivornGs
7rade-P,srate Aeasn0 Of Capialias oad 6Aip O.s~Us-
The Royal kaa MeGmsA.p Obmpasy- Heavy xoses-
Commercial Adgnats Of London naire to ObNys1 Ms
Trade Of all ne Gold WeIds-zzxir Psass-k Line Of
Steamers TO Run from London to ApinscaH ria Nep
1ork-7he Great Eastern % DC Employed IN aa Lise-
Southampton and West India Route 10 be Aoamdoned-
lncenios Tricks Of Hard up Msycanie GensIemcs-7ne
Sseom Shipping CAyoascs<, fc.
Notwithstanding the and rumoss Of wars the tide
OF commerce flows onward. Sir s. Cunard k Co. are
building another gigantic steamer Ave hundred toms
larger than the Persa The employment Of the Collins
steamers in the California trade Is looked ON here ,ith
great interest, and this Of the old Panama
Company, together with Commodore vanderbiits vast
combinations, tempt British capitalists put their oars
in and have hand in the commerce Of the American n
Dorado How tnas WIZ 10 done remains 70 b
seen. few prominent gentlemen among Tho
capitalists and ship owners Of London assembled 70
gether few days since for quiet talk and your corres-
pondent far distant The world Is mine oyster
says Pistol, which with knife will OPEN" What b the
world today Why, financially, the gold OF OAhfornia
British Columbia and Australia London Is the centre
and steamships and postal lines the links that connect The
producer and the consumer. Now by what means can
the Ophr and the Fl Dorado Of the Pacific coast and Aug
raia be emped into the lap Of Londong The Peninsuar
and Oriental mail service by sucs YauritIus and Mel
bourne is only month, and that Is often behind
time and inefficient. The Royal Mall Steam Company
already have service that gets large subsidy lover
million doars) for monthly line the West Indies and
Aspnwa connecting with line the other side, TO The
ports of Peru and Chile These convenient nes and
very valuable to the nation and the British pubic COM
mercialy and for their postal service buhey don't 60
into the diggiDgs" Our British commercial magnatee
bad quite dissertation on the lack Of enterprise IN Jona
thanthat he did not seize upon commerce OF
the world, by connecting New York by weekly mail lines
with China Japan and British Columbia the one hand
in Connection and Australia the other all coucen-
rating and crossing at Panama The royal mail line 70
st. Thomns and AspnwaI pays very little commercially,
gers any line On any ocean They have totally lost four
else five fine steamers, the last being the magniAcent
underwriters and you may imagine the extent Of their
reserved fund when It must cover losses like these.
combine In one grand service the Trade of IN the est q
gold fields Of the world and bring that not dan
gerous oceans, among few poor islands IKE shs Britain
Chrstendom: on the Pacific, line from Melbourne,
Adelaide and Sydney to Panama. another from Panama 70
one Of those localities With as sssssso and ons
Hero would tne vast commerce-or, e. they used 70
say in the days Of the conflicts between Venice and BY
zantumthe spois Of the East together with the gold
mines Of the whole world, concentrating ct Panama On
this side steam service would be direct England by way
Of New York. This service would sweep the seas The
port Of entry this side would probably be Milford Ha
kingdom with water enough TO oat the Grea. Easern,
and on direct line TO London making the nearest aud
London and New York with stesmships o2 the very
highest class 70 run from Milford Haven and New York.
thence 70 they would carry % the cream
The plan have reason 70 know, originated with Mr. John
Orrel Lever Al first blush it may look too gigantic be
practicable, but II is not simply combination Of
the greatest steam routes of the world both as regards
valuable natural products and great centres
where the oss branches Of the business would
only serve as gulf to swallow up the profit made by
traffic. From Aspinwal branch line would run 70 New
Orleans touching at Havana Isuggested that II the pre-
routes could be brought into the scheme the whole could
be made to work harmoniously without much Opposition
year 1860 But the great features o the case re-
mains to be mentioned 1t is the employment Of the
| and Aspinwal. This would seem to require another
Great Eastern on the line from Panama Francisco:
such as he ne o. two S
Golden Gate. The more this scheme ia examined, the
more favorable it looks As mere Transatlantic
line it would be superior TO any already existing,
1 in consequence Of employing superior class
| Of ships-such vessels as would be required
ping at New York Being under the British nasGshat
flag (beegng all your pardons) that has carried o more
honors the mercantile steam marine than any other il
the world-would attract far European travellers
than any other and quite as many Americana would,
the dimensions Of the Great Eastern, sSips Of about
registered tonnage equal to thirteen or fourteen
more rapid than any other the Atlantic The little
longer trip required between England and Aspinwa than
toru direct-a difference Of less than thousand miles
would be compensated for ten times over, by tho trac
between Europe and America and New York and CaNor
MIA Your coastDg trade laws and regulations could mot
prevent foreign shp touching at New York and then
clearing for q port in New Granada Then there would
be far less danger in nautical point Of view in such
to dodge about among the Islands and keys Of the Bahams
the West Indies Is only the shortsghed jealousy
from Southampton to the West Indies and "Coloa'
as they insist on calling the port Of Aspnwaa-rasher
Eastern concerned, depends certain warlke con-
tDgencies, under serious consideration, whether
for long time 70 come The plans have named are now
the tap and enerpring merchants look ax
them from any side they like best
Speaking Of the dangers to navigation in the vicinity Of
| the West Indies and Aspinwa the underwriters at
Loyds have had their serious attention brought 70 the
numerous Of fraudulent insurance effected ves
| in New Granada and in Central America WIN noS b
viii refuse ali insuranoes Offering from ihsa quar-.
| ter Of the world l have heard Of severas
eFnner, lately general manager Of steam navissson
eompany-London Joint Stock-in New Granada, told mo
Of quite number Of cases where sundry hardup gentry
and enerprispg rovers got large insuranoes real
ships carrying hchous cargoes and then down they
sent e the bottom on some conventent key coral reef
| among the Bahamas, but captain and crew somehow
always manage to escape. Ingenious mercantile gentle
| men these.
Let mo mention the London &edm E1ipSnG C1yoaicle
a weekly journal lately started that VIII give
American merchants the latest and most reliable nts,
gence every thing relating TO steam vessels and steam
/ communication throughout the world y moss ably
edited by p l. smmonds ESQ., author Of the Dictionary
Of Trade, Products Commercial Terms, Cons Wegnss,
Measurcs &c OF ali Natons defined and reduced 70 the
Enelish standard This compact and useful volume now
the standard work sf that class. Is published BY Rout.
| ledre T0ndon snd New York. Mr.. Smmonds has hjd
he commercaI public under great obligations for these
to nubcstsons and believe the business men Of your
c;tv ; be glad 70 have their attention called 70 them.
| LONDON, Nov. 10, 1852
bAw Bull ~ Fodm-11ruaanssH0 Aspect Of As san Juan
yosSle,-Loyds Palmsstom and Rasssl Ready for War
usth the Ydnkees-1Aeir Arts Of Dipsomacy-Ns Troops