The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-14
ny mind 70 take up the bonds and indemnify tao

my mind 70 take mp tho BONDS ana indemnify rAs
"poLLAR FOR poLLARn
and franc for franc.n This unexampled concession
81 Sana Rsoa y The Be q ns
throughout the country, and more especially In
France. The thing is unheard OF In these degener
lessly do more to raise American credit abroad
than the prompt payment oil interest by the Treas
%ry m Department Il Is also Understood in wen IN
lay the subject sa't 81 the texas ae' Pac,de
and bonds will be placed In the market at an early
day. Shortly before bidding the correspondent
adieu ne gave him 70 understand that such was
tine case ana at parting said that the
NEW STEAMSHIP LINE
In two years. time would prove such success thai
At halfpast twelve O'Clock the hawsers were
cast on and the visitors withdrew, and, amid the
and n"h sSp gSeS nso
stream and slowly went out with the tide
Flags OF the various craft plying in the
In her honor as she passed. At one O'Clock all
that could be seen Of the pioneer craft were huge
DOWN the o. TSe Carried
out eighty cabin passengers and q few In the
steerage. She made the return trip In little
and iog Her advent In Liverpool was some thing
so out OF the usual line that the
BRITISH SHIPPERS
could scarcely be made to believe that It was an
American steamer. While in that port her propel-
Ter was fixed, aud hundreds took advantage OF her
stay and examined her thoroughly. One Of her
officers said TO the correspondent that the British
customs 0fncers who visited her sneered az her
build and took occasion to vent their ii-mannered
jealousy BY too rigidly enforcing local marine laws
They inspected her on three several OCCASIONS and
every time charged round sum, and an hour be-
fore she sailed when everything was In confusion,
ordered her captain to test the lie-rat and life,
boat in their presence: This was done after much
trouble and delay, and the vessel was finally per-
mitted to depart. Her commander,
CAPTAIN GEORGE SUMNER
an CiG see aes ana nndersanSs MS
commanded the steamer Continental during the war
and had charge Of the Mississippi, plying between
He LETT the American ship Tamerline to take
charge OF the pennsylvania and gives the utmost
satisfaction. The other oiicers OF the vessel-L T.
Henry sweetiand, third; James Ryan, foursh,
and Jesse DAVIS Chief engIneer-are ali experienced
on her trial trip next week. The Indiana and
Illinois, OF the same line, are rapidly approach
by Fail all OF these magnificent vessels win be on
the ocean.
THE PHILADELPHIANs
are Justly proud Of the undertaking and say that
they can afford to be laughed at by New Workers
because of their pr de- They point with derision at
magnificent Gotham ,s miles s Of rotten docks. and
nag. Even now dock property along the Delaware
front is so scarce that 1t cannot be leased for
charge their cargoes up as far as Kensington. The
dock rates are trebed from last year and the year
previous, ana Ola shipping ercnan 10 say That they
have never seen so much activity displayed in COM
mercal circles as now. This they attribute to
THE IMMENSE TRADE
that has sprung up within the past eight months
between Philadelphia and Liverpool and Antwerp.
The Antwerp line Is run wholly by Philadelphians,
who own i've splendid iron steamers, which they
purchased in England, and consequently are regis
tered under foreign tag. Peter Wright g. Sons are
the foremost In this line. and have recently added
two steamers, the Abbotsford and Kenilworth, to
ply between this port and Liverpool The former
sailed on her second trip last week. They own 100
acres OF land at the mouth OF the Schuylkill River,
and are now erecting three
OF 900 feet in length at that point. Their wharf
Is connected by railroad, and passengers and
freight are sent to Chicago, st. Louis and other
points without change. Another freight line
owned by William Br0ckey 4 Son Is now forming,
and other steamers will be owned by Americans,
commanded by Americans and will ply regularly
between the Quaker City and Liverpool. Taken
altogether the outlook Tor Philadelphia
Is encouraging. and what Is Of still
greater import, the commercial men are all
plucky, and have determined that In the future
shall not rule the waves as during the
past ten years. The question now Is, ''What are
you going to do about 1t" in New York; The ice is
no longer an obstacle to navigation in the Della
ware River, and the facilities for shipping freight
and passengers to the West Is unequalled from
this city, and unless you do something towards Os
tering national lines to Europe these silent, GO
ahead Philadelphians will have a clean walk over
no