The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-01-23
General News,

THE James Lee is the regular Thursday
packet for Arkansas City.
Thu Ruth arrived and departed yesterday
on time with good trips both ways
The Coahoma, for Friars Point, leaves this
evening at o'clock The Rosa Lee leaves
for Osceola at the same hour
THE II. NJ Hoxie with tow Of barges is
due here, bound for New Orleans. She will
add barge loaded with oil cake at this point.
THE Granite State, having been delayed by
heavy way business, did not arrive Yesterday,
but will be here today and leave again for
the Ohio River rs soon as she discharges her
cargo.
TnE Chickasaw arrived from White River
yesterday morning with S12 bales of cotton,
10 bags of seed cotton and 95l sacks Of cotton
seed. She goes back this afternoon promptly
at . o'clock.
Much complaint is being made at the
change Of the Paducah and Cairo mail SER
vice from the steamer Gus Fowler to the
Cairo Short Line an alleged facilitation re-
sulting in mails being twenty-four hours out
from Paducah when delivered ut the Cairo
postoflice, as against six hours via the river.
The delay is vexing as well as detrimental to
the business interests Of the two cities be-
sides large scope Of country bordering on
the Ohio River An attempt will be made
petition to the authorities at Washington.
SAID a steamboat owner the other day:
"Ihe steamboatmen are being forced TO
meet serious issue, one, II not counter
acted In some way that will work damage
and loss TO our own interests | mean the
Withdrawal Of hull risks by some OF the
Insurance companies and the action of the
Board OF Underwriters in limiting the mum
Der OF cotton bales to be carried hereafter by
"a. al lU..H. ~.
rate OF insurance, 50 eNOrbitanL in fact,
that no one, as a rule, insurcs boat for
any sum approximating the actual value,
and even then we have 10 carry a third OF
the risk. For instance, | could not replace
my boat for less than $4,000. but, on ac-
count of the rate, | put the valuation at
$4,000, and am insured for $1,000 This
was done, not because my boat was worth
no more, for that sum cash down would not
buy her, but because could not afford 10
pay insurance on higher valua-
lion. In premiums ! have already
paid over $4,000, which mention will
serve 10 show what is paid in
insurance Now a shipper can ship a bale
Of cotton on my boat at a rate Of insurance
that is nominal In comparison 10 what Is
paid on the hull which carries H. and he
can and does insure for It's full value, which
cannot do II | would and besides, the
holder Of the policy gets rebate, | am told,
on each bale OF thirty cents while such q
favor Is denied to me. At this time, when
the steamboat by reason of increased rail
competition has TO carry freights cheaper
than ever before, and at rates that admit Of
but a very narrow margin for profit, aud
while all Of the port charges aud running
expenses remain almost without change, II
becomes a serious matter indeed when, with
out previous notice, or an examination by a
board Of experts a TO the actual safe carry
ing capacity, a reduction In the number OF
bales TO be carried Is made far below that
which has been carried in safety time aud
again. Now had the underwriters in making
this cut voted q corresponding reduction In
the rates Of insurance, there would have
been some compensation as well rs consola-
ton But no, while willing 10 take 81
largely from us. and matters ran smooth, u
j. all right. but ~ soon rs there are lonscs
which are TO be expected, aud which II pre-
ventnblc one would be- without occasion 10
insure the screws arr frightened and all have
tn suffer. Now |, for one. don want 10 sub.
init without effort to such unfair anj highly
injurious treatment and believe IL greatly
for the interest Of owners 10 meet in counsel,
discuss the situation and adopt either by
the formation Of boatmCn's Insurance com.
pany, or through some other means, a rem
ody for the injury they are being made 10
suffer '-Ncu OnisaHs Tina. DcmOcai, jan
UaFy u