The Inspection and Rating of Vessels
Daniel Lyons & Son (ship chandlers) received a letter this morning from J. g. Orr, manager of the Orient Insurance Company for the lake region, and who lives in Buffalo, calling attention to a subject that seems to be of some consequence to Oswego vessel owners. Mr. Orr writes that Mr. John McKenna of Buffalo has been assigned to Oswego and the St. Lawrence river, to survey vessels under the new "Inland Lloyds" arrangement, and that he will probably be here on Monday next.
Under the new arrangement vessel owners are allowed to send a representative along with the underwriters' surveyor to represent and protect the vessel interest. if Oswego owners, Mr. Orr says, intend to do this, it will be necessary for them to decide on a representative before Mr. Orr arrives. The new policy is in direct contradiction to the old plan, where all the "say" as to the rating of vessels was had by the underwriters.
It seems as if it must be decidedly to the advantage of the vessel men to appoint a representative to accompany Mr. McKenna, and in order to do this a meeting ought to be held tomorrow. The appointment, if made, must not be made later than Saturday. We notice that the Chicago Board of Trade discussed the subject of registering and classifying vessels and the proposed new method, Monday, approved the efforts making to secure uniformity, and adopted a resolution requesting boards of trade of other lake ports to encourage the cooperation of vessel owners and underwriters of their respective cities in furtherance of this desirable object.