The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1873-03-10

Ipgs, 80 that there was no doubt of ultimate
success The two ships now running on the
line are sound and perfect. though not COM
pelent TO satisfy the trade, and their present
owners would doubtless coalesce with the
owners of the new ship In the formation of one
| company.
In answer to an inquiry Mr.. Mordecai said
that the Baltimore and Ohio Railroad ships
cannot be used, as they draw too much water
| to pass over the Charleston bar, and If reduc-
ed to less draft would prove too expensive.
Mr.. R. Mordecai said that he doubted If the
Baltimore and Ohio Railroad would charter
| their ships for only few trips, but would re-
| qnire protraeted contract
Being called upon by Mr.. ]. G. Harvey, Mr..
| ]. Foley, president of the Baltimore and Will
mington line, gave hls Views and experience
| on the subject, saying that the design Of hi8
| line had been to meet the rush of trade, no
| matter how much 1t cost The loss of $4,000
In charterlng the steamer Bolivar to meet the
| extraordinary increase oil freight was the snC-
| cess of the line. The company had In the last
dix months built new ship. had made pro6ts
| TO the amount of thIrty-thfee per ceut., aud
| had now another steamer building. He
| thought the only remedy for the present diff.
Guilty was 10 charter an extra steamer at
whatever cost.
Mr.. D. Mordecal said the difference between
Wilmington and Charleston lines was that the
/
posed 10 make an outlay In the interests of
trade, and that not $4,000 Interest In the
| Charleston line was owned by merchants In
| Baltimore, but by private individuals, who
were not willing to make sacrifice. Tor the
benefit of the trade, and who could not be
expected to do 30. >
| Mr.. Foley repeated that the main point ia
| to charter boats at once at whatever price.
| Mr.. George said the idea that the increase
OF trade would not be permanent Is entirely
| fallacous, and cited The example OF the Phlla-
dephIa line, who, though unsuccessful al
| frat, were now obliged to charter schooners
| In order to meet the largely Increased trade,
| and offer 10 take trade from Baltimore TO
Charleston at OILY two and one-nall cents per
cwt over the charges from Baltimore.
| Mr. Mordecai slated that rs cents per cWt.
was charged for through freight from Baltl-
| more to Charleston, while 40 cents per cWt. Is
charged for local trade. With large steamers
there would be no necessity fJr this diaerlml.
nation. We would then have reduction OF
| so per cent, AM. be then had no fears OF the
Chesapeake and Ohio Railroad; but II we 90 not
make an effort the Charleston trade Will be
| lost.
An inquiry was made by Mr.. Joseph d. Bic
man as TO whether the through freight mlght
not be excluded In the Interests OF the local
freight?
MI. Mordecai replied that 1t could not, as
contract had been made with the Baltimore
and Ohio Railroad 10 carry their through trade.
On motion OF Mr.. Rleman a committee Oh
nine members, representing the various Inter
ests oil the city, was appointed TO take the
matter In hand, and to further the objects OF
the meeting. ~
Mr.. D. j. Foley suggested that before snb.
scrlptlons were opened for the building OF the
new steamer 1t should be ascertslned whether
the new line would have equal facllitles WIN
The present line, and would enjoy the same
| advantages.
Mr.. r. Mordecai replied that 1t would.
The committee was announced to consist OF
Mpssrs. Jos a Rieman, George Appold, j. u.
| Harvey, D. j. Riley, George 8. Brown, Lewis
Hopkins, ]. G. Nicodemus, ]. L. Weeks and
3. F. Newcomer. On motion of Mr.. Tomlin.
| son, Mr.. P. T. George was elected chairman OF
the committee, thus Increasing ils number to
| ten. Mr.. George then read letter stating
that the freight rates TO Charleston are
| twenty-five per cent. higher from Baltimore
| than from New York.
The next meeting was set, on motion Oh MT.
Cassard, subject to the call of the committee.
Mr.. George invited the public 10 attend.
The meeting then adjourned.