Evening journal., 1907-01-23
BY STEAMER
TO new YORK
Wilmington and New York
Company Will Begin Busi-
ness Next Week
GREAT BENEFIT TO CITY

Wilmington's dream Of a port on tn.
Delaware river by which it Will bt
axle to compete with the enormou,
import and export business of Phila-
dephia, is now a reality. After years
Of discussing the pros and cons OF
establishing such a line, the necessity
Of such a thing never having beer
doubted, a sufficient number OF capi-
talists have been found who were not
afraid to undertake the venture and
as a result this city is to be given a
| frst-class steamship line to operate
between this port and New York. The
enormous advantage this viii give VIII
! mington cannot be estimated at this
first conception of the. idea and the
/ possibilities that win be opened up
for the city are beyond enumeration.
The steamship company which is a
Delaware corporation, is composed OF
Wilmington and New York capitalists
who have long studied the project, who
are thoroughly familiar with every de-
tail of the work and fully capable OF
running such a line. Their knowledge
Of the project is a sufficient guarantee
Of the future success of the undertake
ing.
The new company has taken its Of
ficial title as the Wilmington and New
York Transportation Company The
officials are as follows: President, P.
M. Cabell; vice president. Alexis I. du-
! Pont; secretary, L. L. Dunham; treas
urer, George B. Parsons, formerly Of
the Harlan and Hollingsworth Com
pany and of the New York Shipbuild-
ing Company.
The board Of directors is as follows:
p. NJ. Caibel George b. Parsons, Alexis
I. DUPONT, Joseph Bancroft, Jr., L. L.
| Durham. This list of names is suf-
hciently well known to indicate the fin
ances that are behind the new coropo-
ration and a further indication that the
company win not lack for funds in this
new undertaking. The company is
capitalized at s15O,0O0.
To begin with the company will put
me steamer on the line and it will
7ail from this city and New York twice
I week, making two complete round
rips between the two ports in one
week. The steamer viii be placed in
= commission next week and viii start
he regular trips Immediately The
ANNA oNAtAlAA1AAAR RNANlLAlg AAeAH NItNAA iNA
hased by the company and will be
ised by them as their first boat with
,hich to inaugurate the new project.
he Dorothy has been in Philadelphia
or six weeks undergoing a thorough
'verhauling and being equipped and
tied UP in order to be suited to tho
usiness in which It is to be used. The
D1rothy is a steel hull boat with 500
ons capacity It is $50 feet long. 10
-cot depth of hold and 25 feet beam.
{ VII carry a crew OF 25 men in
luding the deck hands, officers and
N stevedores for handling the freight.
/ rhe Dorothy Is a thorough seagoinE
aft fly carabie Of navigating the
oh seas having made numberiess
~ips al along the coast
II is the intention Of the New York
! ransportation Company to furnish ad-
-uste facilities for all the business
/ hat may be consigned to them or tha.
~ be developed between this city
nd the port of New York. They vii
AIRY freisht Of all descriptions but no
assengers VIII be admitted on the
cats. II q sufficient amount Of busi-
SIS develops to justify the placing o.
.''| fNNI rAHAINNfl Ili AlAG AlAAN fHNNMENA
this city and New York and to inaugi
rate a daily sailing from each end OF
he line. th-n vessels sufficient to ac-
ourodata this trade viii be provided
The company will have its headquar-
tors in this city. They viii have az
office at the wharf; also an office II
She business center Of the city, beside
an Office in New York city at thei'
7ier which VIZ be located near the foo
Of Fourte. e.rth street North River. Th'
,omDany severed months ago had trans
f-rred to it from the New York an,
Brfs report Transnortat on Company &
tract OF land 420 by $50 feet, situated
along the Christiana river just cas-
of the p. 3. and W. railroad bridg'
known az bridge No. 3, and at the foo
Of c street in South wilmington. There
is a wharf at this point already. bu
It will be reconstructed and converte.
into a first-class landing place for larg'
vessels loaded with FIRE ght The nee
e-sary equi7ment for the handling o.
such material viii be installed and thl
whole thing will be made into one O
the best landings along the Delawar
river The wharf viii be equipped witt
which Is already in good condition. vii
be reconstructed and made suitable 70
the use Of heavy teams. There is
store house on the dock, but this vii
be enlarged and If necessary other
Will be erected IN which to store freigh
coming into and leaving the city. al
together the place will be converted
into as fine a dock as could be desired
There is no doubt the new projeC
viii be received with strong opposition
especially by the Philadelphia steam
ship companies and by Philadelphia a.
a port, but the project is so feasible
and so convenient for the shippers O
this town that there is no doubt an,
objections these people may advanc
viii not amount to much with the new
concern.
In Importance to this city the inau
guration Of this company cannot b
,verestimated. There is every reason
to believe it win be the beginning OF {
now era FOR Wilmington and that &
win bring the city TO the Delawar
river, giving it an opportunity to com
nete with Philadelphia. the very op
portunity for which Il has been CON
tending for years. The local shipper
win undoubtedly patrCnize the com
. pany. for their rates 1t is understood
viii make it so plainly obvious tina
IA lroad shipping win he too expensive
that thc Wilmington merchants cannc
Fail to grasp the opportunity ana al
vantagcs offered which VIII mean III
saving OF thousands OF dollars TO theu
The WILMINGTON and New Yorl
transportation Company has been or
? Fanizei because there is at present M