Tonnage losses from collision and recent storms will not materially affect the carrying capacity of the lake fleet. Take, for instance, total losses of the past two weeks, which include the steamers JAMES PICKANDS and OHIO and the schooners IRONTON and WM. HOME. One new steel freight steamer like the I.W. NICHOLAS, recently built by the Cleveland Ship Building Company, would carry in a season as much as four boats that were lost.
The Marine Review
October 11, 1894