Year: 1873

DECREASE OF OCEAN TONNAGE.


BY the figures in Mr.. Walkers report tt is shown
that within the last two years there has been
net loss In the ocean shipping Of the principal
the usual total annual loss Of about !, ,500 which
has naturally been overbalanced by the new ships
This is loss OF 3s9 s34 tons capacity in the carry
large grain supplies on the Pacific, and the dim
inished supplies in Southern and Southeastern
rn nrone one ara ePs s gram sn2s or
call 1Or corresponding increase in the number Of
ships. This creates the high freights for our own
cereals now seeking the foreign markets, and WILL
no doubt stimulate shipbuilding till the supply
shall again more nearly balance the freighting
demand.


OUR ADVANTAGES AND DANGERS


These figures show that our city has facilities for
ocean commerce in connection with attracting
thither the surplus cereal, ANIMAL mining, manu-
featuring and other products Of the interior, such
as cannot be approached by any other American
the markets OF the foreign world, as wen as being
at the focus OF distribution to all parts of our own
country. Here Is the chief accumulated commercial
capital OF the Continent and here are large class
Of merchants OF liberal and just views engaged in
woTd-embracing commerce. They covet the bulk
OF the traffic with the producers and consumers OF
the nation. To DO so successfully they should see
to it that by cutting down to Its lowest possible
should be made more to the ADVANTAGE .'SnI Of the
distant customer than any other port can offer.
New York commerce needs cheap transportation
with all our interior localities well as to all
side ports. Even slight excessive charge would
threaten the diversion OF trade. New York mer-



cheap freights as are the Western Changers.


Commodore vanderbilt's Views.


In pursuit OF further information regarding the
effect of the Granger movement on the great CON-
mercial interests Of the country HERALD re.
porter recently visited Commodore Vanderbilt, as
representing one Of the three great competing
lines to the West.


THE FINANCIAL CAESAR"


was found engaged only with q solitary visitor in
his rear ONCE, Fourth street. near Greene, smok-
Ing his cigar and enjoying his well seasoned ottun
cum dtgnttate in light linen coat. gray pants and
carpet slippers. He had one OF his slippered feet
on the table in front Of him, and lolled back in his
arm chair, looking strong and healthy enough to
drive bears in Central down to the lowest point of
despair, and seemed to be clear-headed enough.
after all the summer at Saratoga, to
hold four aces almost at every deal. Next
door and extending back Of the once was the
Commodore's stable, and through his rear win
dow could be continually heard the channg OF
the thoroughbreds. eager for the i've O'Clock drive
which the indefatigable old gentleman gives
them every afternoon. The HERALD commits
sioner presented his respects to the great
money king and then retired into the front ONCE
until the business between the two should be fin
ished, amusing himself In the meantime IN scan
ming the photographs OF


vANpIEBILrIAN RAILROAD DEpoTs
and steamships which filled the walls. The inter-
after minute Of waiting, ihe Commodore called
through the screen "Come In, youl" having evi-
IDENTITY neither secretary, janitor, clerk nor un-
derstrapper to carry cards and attend to
that etiquette OF receiving visitors which half
the small Try. ofIlces and offlcials in the
city deem indispensable bic , to the dignity and


The HERALD commissioner Immediately ushered
himself In and ANNOUNCED 70 the Commodore that