Manual of Ship Subsidies by Edwin M. Bacon
page 88 of 134 (65%)
page 88 of 134 (65%)
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was ordered.[GQ] Only a few weeks after this action another disaster,
even more appalling than the first one, befell the company. On September 23 the _Pacific_ sailed from Liverpool for her homeward voyage with a full complement of passengers; passed to sea out of sight; and was never more heard of. She was replaced by the _Adriatic_, the fifth ship called for by the contract, which was launched the year before, the largest, finest, swiftest, and most luxurious then afloat; and the company struggled on against accumulating odds. At length, in 1858, Congress abandoned the subsidy system and returned to the method of payment for foreign mail-carriage according to the actual service rendered, with a proviso, however, favoring American ships, such to receive the inland-postage plus the sea postage, while foreign ships were to have the sea postage only.[GR] This was the final blow. The last voyage of the Collins Line was made in January, 1859. Then it perished. In April following, the ships were seized by the mortgagees and sold. So closed the career of the pioneer United States ship company in the transatlantic service. The splendid _Adriatic_ passed to English ownership and the American flag gave way to the British. For several years this ship "held the transatlantic record with a passage of five days nineteen hours from Galway to St. John's."[GS] Of the other subsidized lines, the ships of the Bremen service were withdrawn and laid up after the subsidy ceased. The Havre line continued a while longer with two ships that had replaced the _Humboldt_ and the _Franklin_, both of which had been lost,--the _Humboldt_ wrecked at Halifax on December 5, 1853; the _Franklin_ stranded on Montauk Point on July 17, 1854. Then with the charter of the two new steamers by the |
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