History of merchant shipping and ancient commerce, Volume 4 (of 4) by W. S. Lindsay

CHAPTER VII. 292-313

75 words  |  Chapter 8

Royal West India Mail Steam Packet Company, 1841—Number of their ships—Conditions of mail contract—Large subsidy—Heavy loss during the first year of their operations—Capital of the Company—Liberal concessions by Government—Complaints of the public—Improved prospects of the company from improved management—Contract renewed, 1850—Its conditions—Fresh conditions, 1857—Contract again renewed, 1864—Further renewal, 1874—The steam-ship _Forth_—Losses of various ships of the company—Causes of these losses—Loss of the _Amazon_—Terrible sufferings—Loss of the _Demerara_—Additions to their fleet, and superior class of vessels