New-York tribune., 1874-06-01


ing themselves responsible for such work as may Do
ruined through the incompetency OF the beginners
NEW AMERICAN STEAMSHIP LINE.
NEw-YORK AND VENEZUELA MNkED-ENfERPRlsE
or AMERICAN CAPITALISTS.
An American line of mail steamships has
been lust established between NewYork and Venezuela
The company is composed OF American capitalists the
steamers are American built and every vessel will be
commanded and manned by American sailors The
CAPITA Of whom the company Is composed are resi-
dents OF this city and determined to MAKE the new
line speedy and success The agents In TINS city
are Charles II. Nen & Co. OF No. IA Broadway. Three
1rsclass iron steamships to be placed on the now
line at once or these the Albemarle will sail from this
port at 8 D. m next Friday. A semimonthly service is
TO be established and with It's increased facilities the
Company will at no distant day dispatch It's
steamers more frequently. The AlDemarle Is
Of 1000 tons, and will accommodate go first
class cabin passengers; tho other two vessels
are each sOo burden, and will accommodate from
co 100 frsclass passengers Contracts with Ameri
can shipbuiliors will made July for three addi-
tional steamers for the ne The vessels will be
built upon the Delaware They will be iron steamers OF
about 800 TONS and will accommodate about 100 nrst
passengers each The keels OF these steamers VIII
be ial IN July or August and the work VIII De com
pcted about six months Later The steamers VIII pe
bat with especial reference TO the safety ana com9t
furnished. and the staerooms well arranged ventilated
and furnished The steamers VIII leave Pier NO ~
North River, until the arrangements now mixing TOT
other and better terminal facilities, are completed
The steamer which Will sail on Friday next VIII ea'y out
the represe OF several American capais> ~bo
will seek for rich Investment Ia Venrznela coony OF
IN the vicinity Of Caracas by the route to be adopted
tho steamer will touch at 81. Thomas Laguayra. Porto
Cabelo, Curaeoa' and Mar.eaoo both on ,he outward
and retnrn psage and will carry the mails to each OF
these ports The Government OF Venezuela has shown
itself friendly to the new ENTERPRISE and the Peo
ple of the country offer much eDcOuragement AT thS
end Of the route the capitalists who have embarked IN
the enterprise have received muei conmendaton ana
the now line Is the only American one running from
this port TO South America, with the exception OF one
line Brazil. 1t will secure extensive American pat
ronage.
THE COOPER UNION COMMENCEMENT.
CITATIONS BY NEUTRALITY-SUSPICIOUS. OF DIpLO-
MAS BY PETER COOPER.
The fifteenth annual Commencement of the
Cooper Union occurred Saturday evening, before
crowded house. Among the present were Peter
Cooper Abram g. Hewitt, Wilson q. Hunt, tho Rev. DR..
Barton Daniel F. Temann Eiward Cooper the Rev.
Howard c. Potter, P H. Watson, Andrew II. Green, II.
Blydenburgh. Arthur Peabody Charles dunther,
A. 8. Sullivan, william Page, +. c. Dorr, 8. b. III.
Vance, Fitzgerald Tisdall, jr, and Professors
Coakley, Piympton, Docherty. Draper. and Ia
chos. After prayer by the Rev DR.. Barton,
the sautatory address and Grafton was delivered by
George X. Neran, who took " Fame" for his subject
Henry j. Heidans followed with a dissertation on the
Grafton on The Sciences" Then followed Grafton by
Edward A. Hagan on american Citizenship" and a
dissertation on Public improvements" by Edward A.
Miller.
The financial report for 1873 read by the treasurer
Wilson g. Hunt. The expenses for the year have been
than the The receipts from rents have
been s5s07665: from donations, S143i7i from other
sources, &3292ss3 tota. .2244O22 The expenditures
during the last fifteen years have been s529s972 MI
Hewitt made few remarks among which were the
statements that Mr. Hunt had given 900 to the Cooper
prizes and that Parsey r. Pine had given $500 Tor the
library, while Peter Cooper would this year give the re-
naming $1,000 OF his donation OF Sl50OOo we need
said Mr. Hewitt the help not Of the rch but OF the
working CLASSES, that our work may be well done
Otherwise 1t would be valueiess. Rigid examinations
for honOrs and prizes for out OF the 1000
who started five years ago only hye are gtt 70 ,Ss Ce
can do piece Of work, and can give the why and me
wherefore Now this Institution has been Kept up by
very few people, But we want these young men and
their friends To came back. and by their lnuence ana
interest help US TO enlarge the privileges OF TINS hstu
tiOn."
Peter Cooper then presented the Cooper medal and
Edward A. Miller, and George Knox Nevan OF the
Graduating Glass. and the Praduave diplomas In quail
tatiye analysis to William Kent and William Rlcnard.
SOP. The first przo OF $50 In gold was given TO MISS
Fannie Bemis the second prize of $50 in gold to Mrs
Jennie DAVIS the third Of $40 In gold to MISS Julia
Bruhns drawing from cast. The prizes were gwen
BY A. A. Low OF Brooklyn. For drawing from stu iite
the first prize Of 80 o1 70 Ma These I
are the gifts OF Frederick A. Lane The late Mr. Good
hue left In his will sum of money 20 DC deVoteu IN
przes in ornamen tai work. The first OF $20 was taken
by Miss K Carter and the second Of slo, to Miss II
Anstey In the Engraving School, the first price OF y3o
i'm gold. was given to Miss Sarah A. RANKIN second
prize silver medal to Miss Lulu Johnson third prize,
bronze medal, to q. NJ. Norton for drawing ON wood
The Trustees silver medals presented to MISS Ella
M Whitmore, AngeliQue Cushman, May Stew
art Nina Van Brunt, Lille johnson, Anna
G. Barton, Julia Lyman. and Mary Akin. for drawing;
and TO Miss Angelina wadeyer for engraving on wood
Bronzs medals were given to Mrs. Emma Fitch, Misses
MarIlla HoughtOn. Bessie Becher Carrie Wadie Louisa
Weeks Lulu Johnson Louise Lyman, Eliza Kirk, Emma
LignOt Agnes Abbatt, lElla NJ seck Ella Richardson,
Mary L. Banks, and Mrs. Jennette Tyler, for drawing,
and 10 Miss Edith Cooper for engraving on wood Two
prizes Messrs. Mitchell, Vance Co. were presented
10 Hermann Ramminger land Charles Schneider, best
students in the ornamental drawing class.
The vaedictory address, on Labor blessing" was
delivered by George Ii. T. Doggett, and then the exer
cises closed.
RIVER FRONT IMPROVEMENTS. Is r..