Smyrna times., 1892-01-06
Shall we Have New Passenger and
Freight Steamer?

In one of our previous issues we
wrote concerning the necessity of our
having u better steamer on our line To
Philadelphia, and that at a later date
our people would be called on to sub
scribe Tor the stock necessary to build
a hrst- class steamboat constructed es
peclally with view toward navigating
our river.
The time has come and the books
are now open at the Office of the Phila-
delphia & Smyrna TRANSFORMATION
Company for all who wish to subscribe
Ior STOCK. It, Is not absolutely neces-
sary that your holdings of stock should
be large, as it is deemed advisable to
have as many interested as is possible.
ana subscriptions will he received for
one share or more. Remember also
that this is principally reissue of the
old stock formerly held byJ. f. Tygert
q Co., which stock was purchased and
retired by the Transportation Com
pany. The stock is undoubtedly worth
$50 or more per share, and the invest
ment Is not only in the interest of
home affairs, but is also safe and will
pay. The stock will not be issued I'M
less 1t 10 all subscribed for, in which
event the payments for the stock will
be made in three calls-One of % per
cent. on placing the contract, one of %
per cent. in sixty days, and one of so
per cent. on completion of and accent
ance of the new steamer.
No citizen of our section will for an
instant hesitate to say that the pres
ent line is of much importance to us
all. 1t not only gives US cheaper rates
by water, but also keeps down rail
road rates.
No town on this Peninsula Is in ad.
vance of Smyrna in the advantages de-
rived from higher prices for grain and
produce and lower prices on coal and
freights. This is all due to our having
a regular line of water cOmmunica.
ton with Philadelphia. Can we then
afford to allow, for want of interest on
our part, this line to reduce its eff
cheney and force it to give US nothing
but the most uncertain kind of service.
such as running at irregular intervals
when boat can be had, or possibly
discontinuance of all regular commun-
ication save in fruit or grain season
If our people fail to grasp the situation
and allow this to go by default, we
very much fear that they will have
cause to regret it.
If the matter is not perfectly clear.
and any information is needed on the
subject, we have no doubt but that
anything will be cheerfully explained
to any one calling at the Office of the
steamboat company.
Matters of this kind we often Give
but little attention, believing that there
are plenty of people who have more
money, and will of course, assume the
success of the enterprise. Do not
allow yourself to be carried away with
that idea. If you are in business on a
large or small scale. your interest is
the same, only in a greater or less
degree, and you should identify your
self with the enterprise in some degree.
In addition to gains already referred
to-, we have the importance Ofour town
as to location, enhanced by having
water communication. Again we are
recognized in the u S. Engineers re.
port for another $4,000 appropriation
for our river.
There is no doubt but that the plac-
ing of new iron steamer on the route
would influence to a certain degree the
successful passage of that appropria-
ton. Reasons innumerable could be
cited why we should have the eff
cheney of our water service improved,
but there is no doubt but what we ali
are aware of most of them.
Do not allow lack of interest, delay
or any other excuse to prevent your
becoming one to take some interest in
this new steamer project.
The matter should be definitely set
tied before January 10Th, at which
date there will be a meeting of the
stockholders in the Philadelphia &
Smyrna transportation Company.
This is probably the last cali that
will be made to bring the matter before
you and it now remains for our people
to render their own decision as to their
desire for or against better steamboat
service between our town aud Phila-
delphia.