Evansville daily journal. (Evansville, Ind.) 1863-1866, 1865-05-29
rhe NemphIa Packet EnterprIse.

AHC MGfApuih 3GmUt NkEFphANNs
AT an adjourned meeting of business
men, held on last Saturday evening, at
the Council Chamber, the consideration
of the adyisability Of establishing q reg
ular packet connection between Evans
Vile and Memphis was resumed
A fall and free discussion of the Eari-
GUS plans presenting themselves was
had, and the difficulties to be anticipat-
ed, as we'll an the advant4gesirprospect,
were canvassed Messrs Hopkins,
viele, Ingle, Read, Heilman, Maghee,
French, Dexter, and Mayor Baker gave
their views as to the prospect Of success,
the difficulties to be apprehended, and
the best manner of commencing the
project. The entire meeting concurred
in the opinion that the Memphis trade
opened magnificent field for enterprise,
which It was the interest of Evansville
to cultivate. 1t was also the general
opinion that now was the time when oar
citizens ought to manifest iberaiity and
solicitude for the city's growth, and
therefore that they ought to encourage
such men as Captain Dexter, who, hav-
ing in the past done great service in
increasing the business Of Evansville,
manifests determination to continue
his efforts.
After full discussion of the joint
stock plan, and the plan of indemni6ca-
ton against losses, the latter was agreed
on by Capt. Dexter on the one hand,
and those who took part in the proceed
ings, on the ether
Capt Dexter is to put the Superior
into the trade as a weekly packet, so
soon as she is thoroughly repaired and
re.painted, and agrees to run her there
and exert himself.to render the trade per-
maneut. In consideration Of which, it
was agreed that twenty Thousand dollars
should be raised by subscription, to be
held as fund to indemnify Capt Dex-
ter against loss, with the understanding
that he is to remain in the trade at least
year, unless the above amount is SOON
er exhausted
Messrs. John S. Hopkins, VIM. e.
French, and Hiram e. Read, were APP
pointed a committee to take snbscrip-
tions and to draw up articles of agree
ment 4wt4
The fullest confidence was manifested
in the ability of Capt Dexter TO build up
lucrative trade for himself and the
city, while he declared that he was pre-
pared, With the backing be had received,
to adopt the motto, II come tostay."
VIM. Heilman, with his usual liberali-
ty, authorized subscription for himself
Of 81 ,000, aud said he would give IS, 900,
if necessary TO establish the trade, for
the benefit of the city
Capt. Dexter goes Immediately to
Memphis in order to make the prelimi-
nary arrangements preparatory to start
ing the Superior in the trade. He will
be accompanied by Mr.. A. E. Schrader,
General Freight Agent of the Evans
vile and Crawfordsville Railroad, who
goes 10 lcok after the interests of the
road in connection with the trade.
Thus has commenced an enterprise
which we regard as of great importance
to the future prosperity and growth of
Evansville. The names of the men
giving it an impetus and becoming its
patrons, furnish an assurance that il
viii sooa prove itself more than mere
experiment. We regard the Evansville
and Memphis Packet Line as a Fixed
fact, and confidently anticipate that in
less thanfa year there win be more than
one packet in the line. Two boats a
week would be better than one, but one
will do to commence with.