Chapter V: Section V

OCEAN MAIL STEAMERS CAN NOT LIVE ON THEIR OWN RECEIPTS.

INCREASE OF BRITISH MAIL SERVICE: LAST NEW LINE AT $925,000 PER
YEAR: THE SYSTEM NOT BECOMING SELF-SUPPORTING: CONTRACT RENEWALS
AT SAME OR HIGHER PRICES: PRICE OF FUEL AND WAGES INCREASED FASTER
THAN ENGINE IMPROVEMENTS: LARGE SHIPS RUN PROPORTIONALLY CHEAPER
THAN SMALL: AN EXAMPLE, WITH THE FIGURES: THE STEAMER "LEVIATHAN,"
27,000 TONS: STEAMERS OF THIS CLASS WILL NOT PAY: SHE CAN NOT
TRANSPORT FREIGHT TO AUSTRALIA: REASONS FOR THE SAME: MOTION HER
NORMAL CONDITION: MUST NOT BE MADE A DOCK: DELIVERY OF FREIGHTS:
MAMMOTH STEAMERS TO BRAZIL: LARGE CLIPPERS LIE IDLE: NOT EVEN THIS
LARGE CLASS OF STEAMERS CAN LIVE ON THEIR OWN RECEIPTS: EFFICIENT
MAIL STEAMERS CARRY BUT LITTLE EXCEPT PASSENGERS: SOME HEAVY EXTRA
EXPENSES IN REGULAR MAIL LINES: PACIFIC MAIL COMPANY'S LARGE EXTRA
FLEET, AND ITS EFFECTS: THE IMMENSE ACCOUNT OF ITEMS AND EXTRAS: A
PARTIAL LIST: THE HAVRE AND COLLINS DOCKS: GREAT EXPENSE OF
FEEDING PASSENGERS: VIEWS OF MURRAY AND ATHERTON ON THE COST OF
RUNNING STEAMERS, AND THE NECESSITY OF THE PRESENT MAIL SERVICE.