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Steamships, always costly to build, involved greater and greater investments as their size increased. Early in the history of steam navigation they became exclusively the property of corporations. Latterly the steamship lines have become adjuncts to great railway lines, and are conducted by the practiced stock manipulator not by the veteran sea captain.

Susan, refusing to be parted from her beloved Liosha, carried her off to the nursery to hear more fairy-tales of the steamship Vesta. Barbara and Doria went into the drawing-room, where Jaffery and I, after a perfunctory liqueur brandy, soon joined them.

If you will take the trouble to at once verify this statement at the steamship office, you will be able to relieve me of the annoyance of further detention." All this was said with a rare command of language and a cold, cynical politeness which cut like a knife.

But the clubs, too, have moved on to the north, and the stretch of today is a riot without order or design, tailors, automats, art shops, opticians, railway offices, steamship offices, florists, leather goods, cigars, Japanese gardens, Chinese gardens, toys, pianos, and even an antique shop or two, which have somehow found their way over from Fourth Avenue to the more aristocratic thoroughfare to the west, and where the visitor, like Raphael of Balzac's "Le Peau de Chagrin," may wander in imagination up and down countless galleries of the mighty past.

They were to await the first steamship for the United States, to which country they would be sent as shipwrecked mariners by the American consulate. This vessel would not arrive for some weeks. The captain sat outside his door on the balcony, and expanded his log into a story of his experiences.

One hundred years ago the cotton gin, the steamship, the railroad, the telegraph, the reaping, sewing, and modern printing machines, and numerous other inventions of scarcely less value to our business and happiness were entirely unknown. In 1776 manufactories scarcely existed even in name in all this vast territory.

The most serious obstacle we have to encounter in the effort to secure a proper regulation of the immigration to these shores arises from the determined opposition of the foreign steamship lines who have no interest whatever in the matter save to increase the returns on their capital by carrying masses of immigrants hither in the steerage quarters of their ships.

"Clear ship," comes the order from the bridge, followed by "Cast off." The cables hiss through the water and slap on the landing-stage; the sound of purring fills the submarine which glides slowly into open water. Into the bay comes another U-boat. Stories of her feat in sinking a steamship loaded with mutton for England has preceded her.

As he did so, the pursuing gun-boat, not more than four hundred yards away, let fly another rain of lead, and a few minutes later she slowed down, swinging broadside across the course of the Tampico, firing a six-pounder shell over the bow of the advancing steamship. "Too late, too late!" exclaimed Mr. Howland. "All this trouble and danger for nothing! Now we are caught! But some one will pay "

Vanderbilt is said to have boasted in 1853 that he had eleven million dollars invested at twenty-five per cent. Many newspaper editorials and articles of the time mention this fact. Only a few of the important underlying facts of the character of his methods when he was in the steamboat and steamship business can be gleaned from the records. But these few give a clear enough insight.