New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-03-04
SHIPYARD FOR THIS PORT
SUGGESTION FROM ANDREW CAR
NEGIE.
WHY SUCH AN ENTERPRISE WOULD BE PROFIT
ABLE. BESIDES MAKING ITS oRIGI-
Major FAMOTl


The communication printed below from Mr.. Car
negie will appear in THE Iron Trade Review this
week. In a the editor Mr.. Carnegie called
attention TO the bearing of the project he suggests
upon the deepening OF the Erie Canal:
r. ~ ,,. Cannes. France, FEBRUARY I,n 10 1885,
the field which is open for frst-cass shipbuilding
Sear N 8pUn n1 liudsOn East Nv'' '"e 0as
The prices paid for steel by British and German T.;
New-fork would be required TO pay that the dii-
Faes s TSu Nor In se or "a on IN
York. The quoted price at Glasgow Is nsary go
Wo Of hps IS also Cheaper With
yard were built to-day with the newest appliances,
would he less than in any shpyard know Of.
either in Britain or Germany. .. g., ..,,
reasons: First. shipyard there would get repair
work which is always profitable seGo bid, dry
also he highly profitable. third. two years hence
s hf upon from PSs the
est market for steel in the world. VIII not exceed
Canal Indeed. it will be less since It will cost
nothing TO send steel 10 Conneaut in cars which
The present seaboard shipyards are so usefully
occupied with domestic business that tey cannot
give foreign business proper attention. The New
York yard should be constructed on larger scale
and with special reference to the foreign demand
] am satisfied that the United States can readily
regain the supremacy in shipbulding It had when
wooden ships in vogue II only needs an
fish yard near New-York and manage II with
the skill and energy which have characteTized those
on the lakes This is the only prominent depart.
fnent OF manufacturing in which our country Is
behind. and It is one in which II easily can OBTAIN
front rank II would justify steel manufacturers
10 guarantee TO such shipbu!lding concern con-
tnusnce Of the present extremely low rates upon
steel for OF years. and also that steel OF All
kinds and and guns should always be
furnished al the lowest price paid by European
shipbuilders; But there is nothing to fear from rom
prices of steel. for these henceforth are 70 rule
lower in country than in any country OF
Europe. II will not be long before a large portion
OF It's steel supply must he drawn by Europe from
the United States.
II | a younger man, or rather. If did not
belong 10 a concern so enterpr.sing as 10 employ
sll my capital and give me pleasurable occupa-
ton watching over its progress and success: !
should be greatly inclined TO enter upon the
building Of ships somewhere near New-lork Har-
Dor. There would be no warshps or Atlantic
liners open for bids in any part OF the world "hcn
the NeT-York ward would not have something 20
saw about Every needed element is present for
regainng supremacy az the principal ship
building country. Surely Some one OF the success.
full lake concerns will consider the advsaoty OF
establishing a branch yard near New-N ork-a
branch which predict would very soon grow 10
many times the capacity OF the original WORKS, ana
give much higher return upon capital besides
rendering it's originator famous. Very truly yours
ANDREW CARNEGIE.