Clipped From Memphis Daily Appeal
ing first fairly convinced that It was meritorious, and not " a means by which individuals or the public might be injured." Now that .the new organization is complete, we believe steps are at once to bo taken to procure subscriptions to stock. If the project should prove a complete success, as we think it likely to do, the stock will be very valuable. If on the other hand, it should prove a failure as to the revolution in building boats generally it canuot fail to be as good as other steamboat stock, which seems to be good enough to induce capital ists to invest in that business.