The sun., 1896-02-05
passed she sisnalled TO u. We eonsrstrlst.ss
you'll Then the Lahn's band struck M Hall

passed she signalled TO ua We congratulate
ssST sI !, II Then the IsSn'' band struck IN Hall
~i.SPi Later in the afternoon James A. Wight was
seen by n suS reporter Mt the American line
VI don't believe tho ship Is injured in the
slightest degree. SO lar rs We can learn not q
make on oiiciai investigation. When that is
concluded we shall have a statement to make"
How about the saving OF the steamer, Mr..
Wright? Is 1t a salvage case ~
lin u sense, yes. ,Miatcvcr damage the cargo
sign.es in proportion 10 what they had ut stake.
II the ship is damaged, the company VIII sns-
tain .Hs loss B saS ,s tn sh aSd enrws
Tho latter. of course. was insured, and the nn-
derwritcrs. are responsihle for any damage to
the ship. SUPPOSE. though | am not certain.
that tho companies which pulled the vessel Off
may be paid in proportion to the amount ut
"Wnl the Merritt and Chapman companies
divide the he, amount received Tor getting the
That / cannot say. Capt. shackford made
all the arrangements with the wreckinp compa-
h.h Ms1 s shsra s"s
the work for thirty years and has had more ex-
perence. certainly. than any man in this conn.
ry ann n rSOasRy as \. predced He said tie s
would float when sea came along; and II did"
"TH.re Vupe' wns no definite bargain made with
either the Merritt or the Chapman COMPANY
as hoih as MSFS s. ManI VII
her oi. and will be paid Tor II; How much l
aS mhs $500 aS m m Sosh
When the New York went aground. four years
ago, the wrcckcrs got $4,000 That does does not. not.
parallel to this case The st. Paul is more val
worth more" ,.,
panies. it was learned lust evening, was cond-
tioned upon the success of the work. What
they shall receive may he estimated in various
ways. When a fixrd amount is not agreed upon.
NrnS hn rnS ".
mated y III. undsrwsltsrs II Mr. estimate is is
SSs'ee: sas es,i mated a% BY . some insurance men
the wreckers viii receive will be about
Sl5O.O00. On the estimated value OF vessel and
w"nltl be |, per cent. The amount will be paid
by the owners or vessel and cargo In proportion
S % Of
will fall as james A: Wright said upon, the un-
has been n great deal of buying and selling of
risks among ntnranes people so that the htss lGss
originally wrote the policies.
The official investigation into the cause OF tbs, the
acciden, and as to who was to blame for 1t Will
President Clement a. Grscom. Marine Supern-
tendcnt }. y, Shackford, and one other. whom
Capt Thomas. Kivlin. the working superin-
tendent of the CHAPMAN Derrick and Wrecking
yesterday said:
"On Monday we gained a5 feet in the morning
and at midnight we made n further advance OF
400 feet by tape line measured to ranges. The
sea was very rough and the work was not
pleasant. but we knew we were winning. and
that COM pensated for u good deal.
1--WE could not work the surf boats, and had
to send all orders by the signal code. The men
sble. The wind blew wet and cold from the
northeast, and the surf kept our decks slippery
with ice. 1t was dirty and dangerous. The roll
ing and working OF the st. Paul Stacked the
cables over our stern. and we had to hustle TO
keep up with the slack and get it in. Had we
not done so the St. Paul would have fallen back
in the mud ns much rs she had gained.
THE men tumbled about on tho decks ike toy
so diers handled by a baby. We felt that the
big ship was coming slowly but surely. and kept
dropped or into deep water and steamed ahead.
We followed her into port. The weather was
so bad that could not recover our anchors
and cables. When it moderates we shall find
to await another call"
When he wns asked what demand his COM
pany would make for salvage, Mr.. ]. f. Chap
man said Yesterday:
save tho ST. Paul for 100000 is n fairy tale.
No such bargain could have been made. The
Board of Underwriters will probably decide the
amount Of salvage to lie paid In this instance
TO the Merritt Wrccking Company. Salvage is
usually reckoned by percentage of the property
saved.
II cannot say what will he done in the matter
Perhaps no such valuable vessel was ever before
in charge of u wrccking company. With her
cargo valued at $780, 900. treasure 81 100000.
and her own cost. S2.50n.O00 the St. Paul Is
worth as much as frst-class man of war. !
presume the underwriters will deal fairly BY all
cOncerued.h "