Daily national Republican. (Washington City [D.C.]) 1870-1872, 1870-01-28

IMPORTANT STEAMSHIP BrL.-Mr. Wash.
burn, Of Wisconsin, presented in the Honse
yesterday bill for the establishment Of line
ofEteamors; which was referred to the sps-
cial committee on American commerce
The bill proposes to establish four lines Of
steamers, as follows ...
The Atlantic Iron Steamship Company,
TO ply between Boston aud Portland, In the
United States, and Glasgow, Scotland, and
Liverpool, England, sailing nom each Of
said ports on alternate weeks.
The American Iron Steamship Company,
to ply between New York and Liverpool,
touching at Queenstown, and making week
ly trips.
The Transatlantic Steamship Company, to
ply between Philadelphia and Baltimore,
and Southampton and Bremen, touching at
each port on alternate weeks.
And the North and South American and
European Iron Steamship Company, TO ply
between New Orleans and Hamburg, touch
Ing at Antwerp, and between New Orleans
and Rio Janeiro, touching at Havana, May
aguez, Porto Rico, 81. Thomas, and Trini-
dad, In the West Indies, and Para, Peruam-
buoo, and Bahia, In Brazil, making semi
monthly trips.
The bill names for each company cor
poratorS who are TO constitute board Of
COIumlhhlOuNIh W NHtu Nho ptohA N0A ANS
scriptlon to the stock Of tho several com
panies. The capital stock Of each company
Il fixed at 10000 shares Of 500 each. No
person IL to be allowed to subscribe for more
than 100 shares until the books have been
opened at leAst four weeks. As soon a.
5000 shares have been taken, and ten per
eentum thereon paid Into the treasury, the
board OF commissioners ore TO convene .
meeting Of tho stockholders for the election
~ aInSrfnra yvhn aro aulh0Tiyad In 0lnct A
presldent, vice president, secretary and
treasurer.
Tho Postmaster General IL authorized to
contract with these lines for the tran mission
Of the United States malls for ten years, and
10 guarantee the payment to each company
Of the sum Of $500, 900 per annum, payable
monthly. Qn the case OF the North and
South American and European Company,
this amount 10 TO be equally divided between
the two nnes.)
This contract 10 TO be made on the express
condition that each company shall proceed
Immediately TO construct In American ship
yards not less than i've hrst-olAss iron ship,
OF the most approved model for speed, Will
the best accommodations for cabin ant
steerage passengers, of not less than 700 ton
burthen, and speed equal 70 the ayeras
speed Of the lines known as the Cunard, Inn
man, and French lines. The thlps are re
$500 - no huilt 10 the hss' inner. AND a
constructed as 10 10 easily converted Int
war vessels, and the United States is TO hay
tho right 10 take the same for Its own use /
time OF war or threatened danger, aud whel
so taken, the Government shall only b
liable to pay sum equivalent TO fair inter
est on tho investment, and for reasonAbl
wear and tear and the damage said ship
may sustain while In the possession Of IT,
United States, but no damage shall be al
lowed for any interruption OF the business o
the companies. Should the Government
desire to purchase such ships II shall hRV
the right to do so Uoou the payment Of thei
appraised value.
The bill provides that the ships shall
oficered and commanded by cltiEens Of tn
United States, and that upon the Appllcatlo
Of the company the President may with tn
consent Of the officer interested) authoriE
any naval officer TO command or assist Il
the navigation OF any of the vessels, Withou
prejudicS to his rank In the navy and tina
while so employed he shall only receive hal
pay from the Government, and such pay al
he may receive from the company.
For the purpose of encouraging said lines
the companies are TO be entitled 10 q draw
back equal TO the duty paid on all matSriali
imported that are proven to have entered
into tho construction Of shlpsj or should
such ships DO built exclusively OF American
materials the Postmaster General 10 author
iEed to pay to the company $1,000 add
tlonal subsidy. ......s
The bill further requires that all the ship
shall be built and ready TO take their plac
in tho line within ono year from the date Q
the organization Of the company. The fol
lowing Is List OF the names OF the corpora
tors Of the several companies who are mad
bythe bill the boards Of commissioners
For the Atlantic Boston aud Portland
Company-Messrs. John B. Brown, HaTTi
son J. slbly, Samuel Z. Spring, Rufus I
Ward, Woodbury. 8. Dana, Theophllls {
Hussey, Jonas II. Perley, George W. Wood
man, ]. X. Jewett, A. D. Lockwood, job
N. Forbes, J. 3. Tobey, W. +. Weld, VIM
Claaln, George Q. Richardson, George d
Upton, Alpheus HRrely, W. B. SpoOneT, an
Charles r. Hoyey.
For the American (New York; Company
MeSsIs. A. A. Low, Moses Taylor, W. A
ABpinwall, Howard Potter, Charles LuhinI
George W. Qulnterel, N. l.. hcCready, Hel
man Livingston, Z. V. Leon, and Charlie
Morgan.
or the Transatlantic philadelphia an
Baltimore) company hessrs. John Edga
Thompson, James Horne, Alfred Cake, inc
Tucker, VIM, McMlchael, Henry WlnsOl
J. &. Dell, John o. barnes, john @. Bre'
meT, and Daniel NJ. Fox, Of Philadelphia
aud Joseph Corner, FitEeTald Booth, d. N
Hodges, W. j. Hooker, A. schumacke
Thomas Whitridge, +. W. Bruno, John Ga
rett, James Chester, and Hamilton ERste
OF Baltimore.
or the North and South American nu
European (New Orleans) company Messr
John ]. Roe, W. NJ. Mcpherson, JAM
Harrison, Israel b. Allen, John B. Phelp
George Knapp, stillson HuLchlns, Villa
Mckee, Charles DenEer, John 5. McCuu
Chauncey d. Finley, L. W. Gould, aud job
A. Budenger, OF 81. LOris Chas. A. Viii
ney, J. A. Oglesby, L. J. Highly, s. B. Pacl
ard, Lafayette A. MillenbeTger, @. "
West, Samuel Smith, G. II. Manton, o. !
Hale, George Fosdlck, +. DRlhoude, an
W. NJ. BurWell, OF New Orleans.