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be mail communications twice each month with Bermuda, Nassau, Havannah, Tampico, Vera Cruz, Honduras, Chagres, Panama, Carthagena, Santa Martha, Laguayra, Rio de Janeiro, Buenos Ayres, Madeira, and Teneriffe; and all Demerara, Jamaica, and Trinidad will be able to reply to their letters by the same packet by which they receive them. The work everywhere will be well done, and every thing will be regular and certain. III. (p. 052) If Steam is employed between Falmouth and Fayal, and in all the West Indian department, and supposing that all the remainder of the general plan for the western world is performed by sailing packets, then the results will be:-- Capital required by new plan this way L335,500 Ditto employed under the present system 392,500 -------- Difference LESS L57,000 -------- Yearly cost by present system L184,000 Ditto by new plan 168,500 -------- Difference LESS L15,500 But to this difference ought to be added the sum of 6885_l._ saved in coals by using sails, and the sum of 7600_l._ allowed in new plan but not taken into account in the present, for the expense of coal depots, and places for repairs, 7600_l._ together 14,485 -------- True difference LESS L29,985 IV.--_Income._ Profit on passengers in all quarters (see Appendix, No. 1.) L132,274 Freights, parcels, packages, fine goods (see do.) 117,440 Ditto specie, 24,000,000 dollars, at 1 per cent. dollar 4_s._ 2_d._ 51,125 [12]Transport troops, stores, &c. for Government, say 30,705 Saving coals, as before, by use of sails 20,000 -------- Total L351,544 Yearly charges of whole done by Steam L252,850 (p. 053) [13]10 per cent. yearly to replace capital, or 50,000
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