Clipped From Memphis Daily Appeal
to tho advancement of our race and peo ple-,whether in commerce, agriculture, mechanics or art, our personal regard for Capt. DaHaven, and admiration for his indomitable will and energy, causes us to rejoice at his success, which we think is assured. As noticed in our tejue of yesterday, Capt. DeHaven was In our city. He has furnished us with much valuable information concerning tho prospects of a speedy com- ple'tlon of bis boat, and of the action of the late meeting of the Board of Directors In New Orleans. Tho contract for build ing the first boat was given out in. Lou isvllle and Jeffersonville some three months ago. The contractors bound themselves to finish it in eight months from the signing of the papers so the new vessel will be in the water in less than five mouths. Over 5300,000 have been subscribed, and the first call for ten per cent, is now being paid in. The next call will probably be on the first of next month. At the meeting on the 3d inst. the following resolution waa unanimously adopted : Resolved, That the domicile of this company be removed to Louisville, Kw. and that the'eonsent of three-fourths of the stockholders be obtained thereto, in accordance with the terms of the char ter. Tho ofler was made to Memphis to se cure to herself the advantages of being the headquarters of this great enterprise which is to rsvolutioDtza inland naviga tion, but with the accustomed apathy aud blindness of our city, she allowed the chance to pass by without so much as even an exertion to retain it within her grasp. Just as Capt. DeHaven was Ioavmg New Orleans, the following card was banded him. We see that it has eince been published in the New Orleans pa pers: New Orleans, August C, 1SCA. Wc, the undersigned citizens and merchants of the city of New Orleans, take great pleasure in indorsing Capt. D. DoMuven ana aiso nis great bteamDoat enterprise. It affords us much pleasure to reuommenu mm lotne public at large, to be in every way worthy of their sup port and confidence. We have not space to give the names signed thereto, but there are over two hundred of the most prominent men in the city, including Geo.- A. Fosdick, President Chamber of Commerce ; J. O. Nixon, of the Crescent; M. F. BIgaey, of the limes ; John Hancock, Collector of Internal Rsvenue; Arthur C. Waugh, and others, whoso names are known throughout the Union as sterling men. The following were elected officers at the same meeting : President J. E. Montgomery. Vice President Geo. A. Fosdick. Treasurer James Bridgeford. Secretary Newton S. Otis. Superintendent D. DeHaven. Allcommunicatiousshould bo addressed to Newton S. Otis, at his office in Mem phis, where tho subscription books are now open.