Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1903-01-03

Yes. I am here to stay--for a time, al
either through the Trigg Company. or
independently OF It. But I take that
back 1t sounds like threat. am net
in the habit OF making threats. and {
don't mean 1t ia that sense" "
So spoke Marcus Auerbaeh. the young
Napoleon of the tubular oil-earrytus
boats. In his rooms at. the Jefferson.
yesterday.
Mr.. Auerbach is a quietly but eiegant<
ly dressed man, younger in appearance
than his thirty-two years experience OF
life would ordinarily lead one to expect,
Clean shaven. with broad forehead res
ceding at the top. high-bred features
breathing openness and self-conhdencef
with trick of carrying hts head higEt
looking you straight IN the face and
greeting you with a pleasing smile ard {
firm grip Of the hand, Mr.. Auerbach inls
presses one with the feeling that what.
ever. criticism he may or may not b
liable to on the score of enthusiasm and
OF being over-sansuine. lack of sinceritk
is not one of his foibles.
you seriously contemplate locating
the building OF these vessels In RtchA
mond, then?" he was asked.
II do he sa1d.S
Not Dependent On shfpyard-
1.-THE building of the tubular vesseIs
does not essentially require ship-yard,
in the ordinary sense of the term. as they
can be built anywhere on the river front
with the use of a pneumatic rivertirs
plant and the use of small punchi1a
we not make satisfactory arrangements
to have our vessels built for US. our corn-
pany intends to at once set up a plant
and build them themselves.
''We have made arrangements for Inn
mediate delivery of steel required for
the building OF our first vessel.
AS far as he could judge. Mr.. Auerbach
said he could not find a better location
for the purpose than Richmond. This
Is about the nearest point in relation to
the oil fields, that would place us In a
position to do a coastwise trade.
Oil AS Fuel.
If oil is to be burnt as fuel the cities
west OF the lakes. in order to compets
with the East In production. must also
burn oil, and there is only one way In
which Chicago can get oil at q fair price.
tation on the Knapp tubular ships vta.
the st. Lawrence canals, the key to tha
situation. Hence the value OF these low
priced tank steamships, which can b4
built for one quarter the cost OF tbs
present type of vessel and would hava
over double the carrying capacity.
Grain Boats Also To Be Built.
But the oil carrying boats constitute
only one string to our bow. MIR. Auers
bach continued. 1t includes the building
of the KNAPP tubular. self-unleadina
canal grain steamship. a company hat
been organized for the purpose OF cars
rying American grain through the Cana
dian canals, providing route 5o0 miles
shorter than any now existing. Undef
a special act Of parliament OF Canada.
company has heen chartered with s.. 000-,
00O capital for tine operation OF the knapb
inventions on the st. Lawrence canals.
Connected with this company are such
men as Hon George E.. Foster. former
Financial Minister of Canada, and Mat.
thew M. Hutchinson, member OF Legiss
lature for Quebec.
sclf-UnIoadinE Grain Vessels.
If there were one hundred vessels OF
this type put into service next spring
for the transportation Of American grais
even this large supply Of vessels would
not be adequate to handle the 40O.oe0,Ms
bushels Of grain awaiting transportation
and which with the growth OF the
Canadian Northwest, will double this
figure inside Of five years from this date
The Laurie Engine Company has ex
amined the plans and has stated tha,
this vessel carrying $500 bushels OF
grain, with a selE-unloading conveyet
and elevator, could be built for 5000.
but that were number OF these yes-
GELS constructed at once the cost would
be very much reduced
Captain IclllwaIne, nautical adviser
to the Canadian Government In re-
port to the Department OF Marine Fish
cries OF Canada. states that In his opin~s
fcoNT1NUED ON SECOND PAGE.)