Norfolk day book. [volume] (Norfolk and Portsmouth Va.) 1868-1880, 1869-09-02

are of The most ample and eomprehen-
sive character, authorizing the Company
to establish lines of Steamships from
Norfolk and other Southern ports, and
from New York to ports of Europe and
Southern Europe, the Mediterranean Sea
and Egypt, and through the Suez Ca
nal to ports of the East Indies, termina-
ting at Hong Kong. China; to take
charge of and provide for Emgrants and
other passengers, and furnish them with
homes in the Southern States: to trans
port and have the custody of Merchan-
disc; to insure against dangers of the
Seas; to issue Certificates of Indebted
ness and Bills of Exchange, to transport
the Mails f the United States and of
Foreign Governments: to make Advan-
ces on Merchandise, and to execute all
powers necessary to carry ON it's opera
tons. The authorized Capital of the
Company is 500, 100000 in Gold Coin.
divided into Shares of 800 each, and
subscriptions may be made in cash, in
bonds of the United States, in bonds of
the Southern States, in county and cor
porato bonds, and in arabic lands at
cash values. ........ ........., ....-s .......
1t will be thus seen that The powers
OF the Company are on a small scale
commensurate with Its scope and pur-
pose and magnitude oil the great public
interests committed to its charge, and
that the faithful conduct Of its affairs is
alike guaranteed by the highest consid-
erations OF private omolument, and the
welfare and honor Of the whole coun--
try. - - af.s .a4a9 a1 s-
The Importance of giving employ
ment to the Mechanics and Craftsmen
OF our people, in developing their skill
and talents in perlecting improved me-
thods of building iron ships and steam
engines in educating and employing
our own sailors aud officers in our mer-
chant ships of reviving and EXTEND
ing our commerce; of conveying in our
own ships under. the laws of Congress
emigrant passengers and the mails Of
the U. States, and ia saving annually
to our own citizens, more than Twenty
millions of dollars now earned by For
eisners, in carrying on all the immense
European commerce with this country,
il easily comprehended by every citizen
of the United States. s.,f...y. ....s t,.sla.
The iron ores deposited throughout
the Southern States. should bs dug out
of their beds. and furnaces, rolling mills,
and workshops established Rails for
for our railroads iron sheets and ribs
for steamships, should be rolled in our
own workshops; our vessels should be
built along the selboard of the South as
well as the North. Our Merchant Ma
line thus constructed by tho skill of our
own people, under our own flag would
be on every sea, and going hence laden
with the products of the South and
West, would return with cargoes from
all parts of the world, to all the sea-
| ports from Main to Texas thus stimu-
lating the development of the unbound
ed resources of Agricultural, Mineral,
manufacturing and commercial power
of the Republic. 7@ ~
In aid of thus advancing our great
National interests and especially in
building up and peopling the waste
places of the South, it is necessary to
spread correct and authentic informa-
ton through the South of Europe Of
the sell, productions, natural resources,
| and genial climate of the whole Sonth-
ern portion of the Union, that the far
mars, manufacturers and common la.
borers of Southern Europe be induced
to cast in their lot among u.s. to aid in
opening and working the Mineral wealth
of the South, in building up great man
ufacturing establishments, and in the
culture of Cotton and Tobacco and 9th.
er productions of the Southern States.
Under such a policy encouraged by
the enlightened cooperation of the
whole country, a new order of things
would arise. Villages and towns would
spring up rapidly increasing in popula-
ton and wealth, and thordi of industry
would be heard in all parts Of the South.
1t rests with the present population
of the South whether such cooperation
shall be had and these brilliant results
aealizsd. 1t will require earnest and
persistent effort on the part of all who
take hold of this great work in order to
secure its accomplishment. as III, t'' q, s- ~
The Mediterranean and Oriental Steam
Navigation Company intend to enter at
once upon the work, and to this end
propose to establish a weekly line of
first class Steamships designed for pas
sengers and freight, from Norfolk and
New York to Cadiz, Marseilles, Genoa,
Leghorn, and Port Said. 1t is confident
of its ability to introduce the first year
Forty thousand emigrants into the
Southern States of the, Union, and to
aid yearly to Incl % Use this number, un-
til the emigration from Europe to the
South shall equal that now to the North.
1t proposes to establish its agents all
through the Counties of Europe in order
to facilitate its business operations and
to spread information of the advan-
tages and inducements the South offers
to al! who will seek homes there.
To satisfy any intelligent man of the
reasonableness Of our expectations we
have only to consider that the popula-
ton Of Southern Europe, from which it
is proposed to bring emigrants into the
Southern States, is by estimation about
one hundred millions and that large
numbers of emigrants go annually to
Brazil and the La Platte from the South
of France, who, as we'll as those from
Italy, Austria, aud other countries OF
Southern Europe, would as soon as
cheap and comfortable transit could be
afforded them in the steamships Of this
company, be induced to come to the