The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1885-11-06

8eungt ~ ehe Naval Hoard - Toeir rseo
60 vains - C..s - Csmp,selsa-Iee-
e~r Pro. ~>>r~s.sy whisnsy 20 Jeh.
nsa<As Cssnsel-
WASHINGTON. n c., October es--The
report 81 ~ Naval Board. constituted
~ order Of secretary whitncy 70 exam
Ne the work and msserials % the IN
osi>hcd cra.sers. Chicago. Boston and
Atlanta. and 70 ascertain the fair market
valoe thereof. including = reasonable
margin Of prodt upon the work. has
oeen approved By the Secretary and re-
ferrcd By him 10 The Naval Advisory
board. Which latter has been ordered
70 90 on wi,h the work q construction
4 fall meeting Of the ADVISORY Board
has been called for to-day 10 consider
the report oi the BOARD Of appraisal
1he Beard Of Appraisal 10 IL general ~
port. which = introductory 10 she d.
tailed reports upon he t1e three vessels,
sxss:
Tnc BOARD would state shas considers
that the materials and workmanship. - far
- can he seen ~ this stage Of the construc-
~ g. az NO. &c sa1 ne ~ sspe5a
me enc money vhien the Board intimatss -
Necessary 20 b< expended 20 make the ves-
% Ssss e ns s1 ssls sD 4
ser and quality. 20 she contract require
In their report upon the Chicsso. the
Board Of Appraisal ssyss
me original contract price o. she CHICAGO
.yx1 So ~ which - - incre 4<et IN accord
ance With the provisions Of the second
clause Of to contract BY authorized extras
amounting 20 St.s9.- maxine total Of con
Ro<rt assumes would represent the fair
market value Of this vessel. when completed
n ascordsnce With she plans and speeches.
and customary margin q prcht The Board
esrtmzse< tire cost OF material and labor. In
: sis.i.as he Ps.1s nsss-saSy .. 70 scmplsss
fr0m The total contract price. leaves 81. .s@S.
vhsch the Eosrt declares 20 he the fair
q s q ,cs -df sn snd sbe
mAr<in OF profr upon 80 much o. the work
= had bten satisfactorily performed II the
time ofthe forfeiture Of contract
In is repo : upon the AtIsnta. the
Board states the total contract Il $751;
SO. and that an expenditure Of S4l.95l
VIII be required to fnish the hull. the
latter amount deducted from the con-
tract price. leaves $3.50. SS7 - the fair
market value Of the vessel in its present
condition The total contract price Of
the Boston Is SEQ. 2ls. II is estimated
thas IN expenditure Of $50, ls5 will be re-
Q1ired to complete the hull. which
amount deducted from the contract price
seaves e6l0.033 - the pre<eat value Of
Of the vessel.
In connection with the foregoing re-
port the following letter, written By
Secretary VIII ney on the 4th Of August
to Mr.. v2nderp0el, counsel for John
Roach. Is furnished for publication:
sm-At our interview this morning I sai1
woufi put IN writing the course which in
sendcito pursue With reference to the Bos-
p-craflons with reference 20 them Ny
authority - Of course. limited By the terr<ls
Of she contract ny view Of the matter -
me 90 exercise fair business jrdr-sent with
regard 20 the boats and 1 considered 10
would Be folly for rie s.ov-rnment 20 take
<1Ch steps - are founl 20 D. necessary 70
complete them tn ncccriance with the terms
Of the crnrracc and spec ncarions- When
the Inventories have been male ana ap-
praf=ai been hail. contemplated by the
contract. $50 NJ reason 20 10ubt that my
decision Will thea b. precisely what u would
te &C the present time. namely, that under
existing circumstances the Government
sbcHlt rescue ifs property - awaiting irseIf
OF the terms u the contract and carrying
ss@a 81 = n ~ en- & = prse,ieaiiy ID done
An zrroansIn Z 4 PROVIDED for es which enc
r. Ps. ssos 81 deem es sess1siy ~
vhife keepfn.t control and direction OF rhe
work thar Il shot.- be done IN the yard Of
fhe contractor MD With his force
Ine plans ARE .nere. the organization 10
there. fa,r Liar With ships and the necessities
Of the Government are fully met 4 an exact
fnx <uperx sion i retrined and control over
the fore - retained p1r rne work - on
dnr-ed Viz the foremeu and force which the
eonrrsco-.- yun - able 20 supply In this
srre< would be effected than in anyi0ther
way and tile large force nov out OF employ
u mt would Be- able 70 rr-rr1e WORK All this
I-xpres< Informally - ms intention, which
have no reason 20 suppose Will for any
cause be chnnrei IT, In TACT. results from
the necessities Of rhe slru1ftOn and Il the
cnEy course which seems 70 me good sons7
and business Judgment dictate
Very respectfully.
Secretary OF the <avv-