The Cairo bulletin., 1904-08-30

y ~
cities from Boston to New Orleans
II las a big membership In Pitts"rr
moulding representatives of All rive
interests such as packet compare.
and coal concerns The call states
tkat good attendance IL urgent thil
year owing to probable legislation
! next session Of congress regarding ex
tension Of The power of the secretary
OF commerce and labor with references
to laws governing steam vessels.
/ New Orleans, La, Aug %. Cores
ipcndcnce with Cave Thompson Of Chi
eago. was made public today by Sc
cretary Fred Muller Of New Orleans
board OF trade, announcing the forma'
ton of the new Anchor line steam
boat company Of Chicago. with cap
itel Of 100000 to be subscribed for
I IN the cast and north
The correspondence, which has
+ been confidential TO the present time
H IL to the effect that three boats are
4 TO 10 built Immediately upon the
completion Of preliminary arrange
nents aud placed in the trade be-
tween New Orleans ana St Louis.
The boats will hc fast light draught
iuxur,ously furnished for passenger
business and equipped with modern
machinery. Ii Is stated that the new
boats win be SO strong and safe
that the company will be granted the
power to insure all classes of freight
carried upon them.
The first three boats will be named
respectively, John W. Cannon, Bal
tic ana Diana. Capt. ]. ID. Woods.
who represented the old Anchor line
in New Orleans, will be the repre-.
sentative of the new Anchor line.
The boats will be run on schedule
time. II will be unlawful, under the
charter of the company to join with
or pool its interests with any other
corporation.
Secretary Miller Of the board of
trade stated that the plan was en-
tiraly feasible. and had received the
endorsement OF the board Of trade.
Here follows a fuller account from
Memphis about the new Anchor line;
Tho announcement in the CONNER
cial Appeal Of yesterday morning that
a new Anchor Line company would
pat three floating palaces in the river
trade between New Orleans and 81
Louis was freely discussed along the
river front and on the street corner,
yesterday.
The amount of interest shown by
a large number Of people in the estab-
lishiag Of line of steamboats, be-
tween the two cities named. in a
trade that has been neglected for the
past eight years and which was for
many years one OF the best paying in
vestaionts in the country, is surpris-
iTg,
There was but one verdict among
the river men and others who talked
of the matter--it will pay II up-to-date
boats and good management are the
rule II has always paid, even up to
the time when the feet of the old An
Choir line company was allowed to 80
down. With new boats built espec-
tally for the trade. and with all mod !
ern cOnveniences and machinery, |
there Is no doubt but that 1t will be
a money maker snch is the belief |
of a number who have interests on |
the river and who take deep interest in |
all matters pertaining to steamboats, |
In one Of the down town restaurants |
four Of the hes, known of the young
er generation of river men were dis |
cusslng the story. Al were strong in |
their belief that il would pay big div |
idends One Of the quartette, the |
oldest in point of service Of the three |
on the Mississippi said that the new I
boats were sure TO make money. They 1
might run az a slight loss for few |
or until the public learned /
that ;hey were TO be run regularly 1
and could be depended on. and that 4
for a few months more the company /
might only make expenses, but that |
in six months the old days Of big /
sums from each trip would be the re- /
suit. This man was formerly In the |
employ OF the old Anchor line and 1
was in a position to know whereof /
be spoke.
Surprise has been expressed by a /
number Of those more or less promi-
nontiy connected with the river inter.
psf here that some company with
about he same capitalization as the
lew Anchor Line Packet Company
has not entered what was onca the 4
host paying steamboat trade on the I
western waters. From time 10 time 4
here has been tax Of fast boats In /
he New Orleans. 81 Louis trade, but 1
nothing has ever come OF e. Tho 1
,omn1ny which has Just gotten its 4
.harter means business and has even
gone so far. II IS stated by an author.
~ here as to be almost ready 70
,los, the deal for building the three
boats named in yesterdays CONNER.
-ial Appeal
The new boats will be different
rom anything that ever piled the Mis-
iissip7i. Their general outline will
be the same as in all steamboats,.
mt IN speed. machinery. lightness
+ draught. carrying capacity on deck