Total Loss of the Schooner Orient.
The expedition which went to the schooner Orient yesterday on the tug Morey, returned to port last evening. The schooner was found about a half a mile from Stoney Point, on the south side, three or four miles from where she was left last Friday night, a complete wreck and bottom up.
Both masts are broken and the hull is partly sunk in about eighteen feet of water. The bottom shows rough usage. A large hole being through one of the bilges, several butts sprung and the plank "broomed," are evidences that the schooner must have pounded heavily on the beach. Her bowsprit remains attached to the hull by the chains, but the jibboom is standing almost upright where she was left Friday.
The tug brought back a greater portion of the line which the tugs had attached to her when she went down, and some of the booms and gaff. If the weather permits an effort will be made to such of the outfits as can be found. The two pumps, owned by J.K. Post, which were on the schooner when she went down, are of course lost. The loss to the owner of the vessel, Messrs. Best and Faulkner, is quite heavy (having no insurance), as she was worth, even in these dull times, $12,000.