New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-08-11
WAR Loss SMALL
FOR BRITISH SHIPS
English Agents Here Now
Cease to Fear Capture
by Enemy.
LINES PLANS TO
RESUME SCHEDULES
Vaterland and Other German
Boats Losing Heavily-Cedric
Will Dock To-day.

British shipping, which has prac-
tically the freedom of the Atlantic, IS
not losing a great deal by the Euro
pear war.
The Vaterland, which cost the Ham
burg American Line Sl0,00O,0OO, is ly-
ing idle at her pier in Hoboken, with
no prospect of leaving port. The
losses arising from her inactivity IN
carrying the great volume of business
that had been apportioned to her by
the travellers of the world are enor-
nous. This loss from the stagnation
of German commerce, which is caused
by Britain's present control Of the sea,
applies to all German carriers that are
hugging close to neutral ports.
From the records of the last two
weeks it is clearly demonstrated. ma
rine authorizes say, that British mer-
chantmen are at liberty to go where
they please without interference from
German cruisers.
The Cunard Line has not suffered a
much financially as might be supposadl
because of the tying up of the Mau. -
tania at Halifax and the taking over sv'
that ship and the Lusitania, now closes
TO Liverpool, as scout cruisers and
troopships of the royal naval reserve
Both these fiers were built for the
Cunard company on loans from the
British government. The annual sub
vention of S750,000 for both as mail
carriers and naval reserve ships more
than paid the interest on the loan.
Meanwhile the liners cleaned up nice
profits for their owners.
II
will continue to draw profits from the
British government which will more
than make up for the loss of business
in the westbound fall passenger traf-
fic.
A spirit of optimism is gaining
ground rapidly in the Offices of all
agents for British steamship lines in
this city.
The Lamport & Holt Line, which OPP
crates a service between Brazil, Ar
gentine, Uruguay, Paraguay, Barba-
dos and Trinidad, announced yesterday
that the service, which had been sus-
pended a week ago, would be resumed
on Thursday with the sailing of the
steamship Tennyson, with passengers,
mail and cargo.
Lorenzo Daniels, local representative
of the line, said yesterday that salts
factory arrangements had been made
for war insurance that would permit
a resumption of service. He said he
was ready for the increased business
which is expected and is prepared to
furnish at market rates all future ad-
ditional tonnage that may be required.
The White Star Line yesterday re-
ceived message from the steamship
Cedric, bound to this port from Hall
fax. Her master said he had been de-
layed by fog, but would surely dock
this morning. He did not give his po-
sition.
officials of the Cunard Line said last
night that they had received no cable
message announcing the arrival of the
Lusitania at Liverpool. She should
have passed Fishguard at noon yester-
day, and was due in Liverpool about
8 D. m, New York time.
The steamship Bermudian, due here
yesterday from Hamilton, Bermuda,
has been ordered TO remain in that
port indefinitely, according to an am
nouncement made by the Quebec Steam
ship Company. Six hundred Americans,
said TO have been stranded on the
island, were expected on the ship.
The Lloyd Italiano Steamship Com
pany announced yesterday that its
steamer, the Caserta, will sail from
it's pier at 34th ST., North River, on
Thursday for Genoa, Naples and Pa
lermo. The company announced that
the steamer will carry passengers Of
any nationality that may apply, pro-
vided they are not reservists sent
abroad by their respective consular Off
GERS.