Daily Republican., 1882-05-13
4 NEG OTIATORYI COHrEREUCI.

/
Proposed SAFE Of the Eastern shor
steambsat Oompspy - What ]
Taylor cause has 10 say aboa
1t, Tf70 1T T-T
From the Baltimore Sun.
Mr.. j. T. Cause, vice. president of th
Harlan and Hollingsworth Com any
of Wilmington, Delaware, Captai
Willard Thomson, superintendent @
the Eastern Shore Steamboat and Rail
road Companies, and Mr.. Philip Clark
agent of the Eastern Shore Steamboa
Company, representing nearly all tn
stock of the last mentioned company
were in conference at the Maltby Hous,
yesterday morning with Messrs. Upsha,
b. Quinby and John T. Powell, repre-
sentlng the people of Accomac and
Northampton counties, Va, and Mr.
John X. Hurst, representing the mer
chants OF Baltimore, relative to the pur
chase Of the Eastern Shore Stea IN boat
Company, and to the running of it un.
der a new corporation known as the
Accomac Steamboat Company.
Mr.. Cause stated that the company
could not be bought out for less than
$21O, 900, the amount originally decided
upon, and that no company other than
the Accomac could purchase iG for that
price. He wished to narrow his busi-
ness affairs to shipbuildiug solely, and
for that reason, and also to oblixe the
people Of Accomac and and Northamp-
ton counties, for whom the company
had done great deal, and from whom
they had made money, he was willing
to transfer the property for what he
considered reasonable price, namely,
$21O, 900, and the indebtedness of SIC, 900
on the wharf at Snow Hill, Worcester
county, Md. The proposed sale was
discussed at length, and although the
negotiations were NOT finally closed,
measures were adopted by which IL is
believed a purchase of the property will
be the result.
Mr.. Cause is of the opinion that the
future of Accomac and Northampton
counties is very promising. He says
that there will be steady increase ot
population and business, and that the
new railroad from Pocomoke City, Md,
to Cherry stone, Northampton county,
Va, will not damage the Eastern
Shore Steamboat Company's business
in the least, as there will be mere than
enough for both. If, however, the rail-
road should make war against the
steamboats, it would be worstei, as the
history of such fights had demonstrated
that water carriers can hold their own
to advantage. The merchnts of Balti-
more, he said, were just beginning to
recognize the possibilities of the PENN.
sula trade. The larger part OF the po.
tatoes grown there are shipped West
over the Baltimore and Ohio Railroad,
the commission merchants in Baltimore
being the agents in many instances of
the western buyers as well ~ of the
growers.
Mr.. Cause thinks this city an excel.
lent market, capable of unlimited de-
He Ietur led to Whining
ton on the midday train yesterday
with Capt. Thompson. Mr.. Cause is
the motive power of ons of the largest
companies in the United
States, and is looked upon AS one sof
the clearest headed business men in
the country. Mr.. Harlan, the Prssi.
lent of the Harlan y Hollingsworth
is in Euros3. Messrs. Quin-
by and Powell will return home to.
lay to submit the result OF the confer
'nce to their people, after which they
will come to Baltimore to attend an
,ther and final meeting. Mr.. Cornelius
I. Taylor, one.ot the Acoemac com nit.
90, was not present at the meeting, as
10 went home on Wednesday. The
teamer Maggie, of the eastern Shore
Steamboat Company has been repaired
nd will resume her trips on Sunday,
'ommaeded by Captein Raynor The
'ther steamers belop ging to the com
'any ace the Tangier, Capt. Wilson,
md TIE Helen, Capt. Smith.