Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1882-01-21

Formation of a steamship COM
pany 10 Run - Weekly Line OF
steamers isetween France and
New Orleans. --...ic
New Orleans Times-DsnOcrat.l

New Orleans Times Democrat
Probably as great q project in a
commercial sense as was ever inau-
gurated for the benefit ofthe trade Of
New Orleans is new being organized
in England and France, under the
direction Of Colonel w. D. Mann. II
has been started but e short time, and
already the indications are favorable
for its successful outcome if on this
side the water it receives even small
measure of support. The idea OF
Colonel Mann is TO establish weekly
line Of steamers between New Orleans,
Havre and London, for the carrying
of grain, cotton and other products to
Europe, and on tho return trips to
bring the merchandise and manufac-
lures from abroad, which are con.
sumed in the valley of the Mississippi.
1t is proposed to make this line the
main emigrant route to this country,
taking the place of the New York
route, thus lessening the expense Of
railroad travel to the great fields Of
Texas and the far West. The title Of
the corporation is the Louisiana
Steamship Company. founded under
the French law, having its domicile in
Paris, with capital of 25,000,0OO
francs, divided into $1,000 shares OF
500 francs, or 500 each. OF these so,
600 shares 10000 are reserved for sub
scription in New Orleans.
The prospectus of the company,
published in Paris, goes on to state
that at the present time steamships
can be constructed cheaper than eyer,
and that feet with all the latest i'm
provements, with capacity greater
than most of our merchant steamers,
can be built for at least one half of
the former cost.
These proposed vessels are to be
contracted each on identically the
same model, the great advantage OF
which system. it is claimed, are many.
They will be fitted with refrigerating
apparatus for the purpose of carrying,
in good condition, fresh Texas slaugh
tered cattle. Special attention will be
given in building these ships toward
ample accommodations for emigrants
Each steamer is to be Of 5000 tons
capacity, with at least speed of twelve
mil 8 an hour, and built OF steel, cost
ing about 100000 each. For a weekly
service, seven would be required, and
one would be held as a reserve, The
construction of the vessels will be
under the direction Of Mr. Reed, 9
member Of the English Parliament,
who has great experience. The en-
gines, and, in fact, every part Of these
ships will be interchangeable.
In response to a letter of Colonel
Mann, Mr.. Reed states that he ha:
given the subject of freight carrying
between American porls and Europe
close attention for five years past, anC
he heartily indorses the project, sayinl
that he always had considered tha
the exports of the Mississippi VALLEY
should be made by way of New Or
leans.
Colonel Mann, in a correspondent,
with General Cyrus Bnasey, Of oul
city, says: Arrangements ave com
plete to bring the affair before tht
public early in January. have Sc
cured the strongest support both her
| PARIS, and in England" And b,
goes on to show the great future o
New Orleans as an entrepot, and says
II know we shall sail every week iron
your port full to the maximum loa,
line, and with fair passenger list
From this side we shall soon hay
fair cargoes for the importers of Nev
Orleans, San Francisco, etc., and "
shall average 1000 emigrants per trip