Note 7 — RECAPITULATION.

Footnote 7: The cost of these steamers will, to a considerable degree, depend on the tonnage which it is considered most proper to adopt. The utmost quantity of coals which any of them will require to carry, will be (Fayal to Barbadoes, and Fayal to Pernambuco) 300 tons. Airy accommodation for from fifty to sixty cabin passengers, and twenty-five to thirty steerage ditto, with the crew, will be all that is requisite, leaving a room for specie and the mails, and space for from forty to one hundred tons of goods. Since the present calculation was made, the price of machinery has risen considerably. Boats of the size necessary may now, perhaps, cost 28,000l. to 29,000l. In the latter case, 750l. per annum (five per cent. insurance, five per cent. interest, and five per cent. ordinary tear and wear) must be added to the yearly outlay, as here stated. The wages and provisions will remain the same. Iron boats can be had one-fourth cheaper than those built of wood; moreover, engines now made on the EXPANSIVE system, require fully one-third fewer coals, by which so much expense will be saved.(Back)