The Maritime History of the Great Lakes
Daily News (Kingston, ON), Dec. 23, 1856


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Full Text

p.2 The Sale of the Dean Richmond - Our readers will remember what a revolution in the direct trade with Europe the safe arrival of the Dean Richmond at Liverpool from Chicago was to accomplish. It was to have been, according to the Thunderer, the commencement of a new era in commercial enterprise, and to knock the British Marine, to use an Americanism, "all to smash." Then again, it was pompously announced that when sold in Liverpool her owners realized a clear profit of about a thousand dollars, and this was to have ruined British shipbuilding, and established the superiority of that of the United States for ever. This last statement is denied upon authority. Messrs Cunard & Co., fearing that it would have the effect of inducing many ship-owners to send their vessels home for sale, have addressed a letter to one of our Chicago contemporaries, to put the matter in its proper light. According to them, the vessel sold for 2,600 pounds, or say $13,000; she cost $19,000, and the consequent loss was $6,000. The same gentlemen give the following advice as to the sort of vessels to send, if it is intended to continue the traffic. "The Dean Richmond," they say, "had a sliding keel. This is an objection, and militates against the sale, as it interferes with the vessel getting a class at Lloyd's; and we would advise your neighbors sending forward their ships with fixed keels and copper fastened, not iron fastened; then the field becomes wide for purchasers, and the more competitors you can bring to bear the more likely you are to obtain a better price."


Media Type:
Text
Newspaper
Item Type:
Clippings
Date of Original:
Dec. 23, 1856
Local identifier:
KN.22722
Language of Item:
English
Donor:
Rick Neilson
Copyright Statement:
Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
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Daily News (Kingston, ON), Dec. 23, 1856