THE MARINE RECORD. $he $arine §ecord, rnMWieil liter} Tliin'mlily lit 114 Nnpcrlor "' Hlrfct, [f.t'itdc-r Iliillrilng.] Onoycar, ponUso yilrt ........ .......'2.00 Bin months, posl/KO paid ......................... '•00 ImarUblT InHulTauce. llNI. HlXOltlJ can bo found for eale at tho " followlnit placer - (, Fllowiiion,cornor<iN'oarland Dotmltan.,Clovc- Intxl, Ohln , ~ Jostpti Gr»j, No 2M Awth Water atreet, Chicago L, Itujimor, Mlchlwra slroot Swing Brlilgb, llullulo, Now YuVk. C F .lolinaon, 117 West Superior Itrect, Duhilh Minn I) Mclfeatori 4 Co , Sarnia, Ontario Win Go<lls7, Ljcunaba, Mlihlican J, E_ SoroorTille, Manliloo, Mlchliiiin. Articles, letter* and queries on all subjects aro lollcl- toil. ADVERTISING' RATES. Ten cents per line, nonpareil measurement, or 81.20 per Inch, each Insertion, lour weeks H 00, with a liberal discount on ordirn amounting to Slo 00 or over Enured at the Tost Office at „<:loreliml i class mail matter. i second. rue ins chance question 'llieie Iiiik- been iiincli indignation among vessel ntvueis in legurd to the discilmimit lug policy of lake underwriter! during" the pact lew weeks, canned by the otgnnization of agents in mi elicit to miike good the loBses sustained b) them during the season ol . 1883, but which hub largely due to their onn iicklcssness nud wild tiiiiunei of com¬ peting witli each otliei, tfl luklng what •would be considered pooi risks in ordinary buelnesx, lit low Hires, The question now uiiilei dlseusBlon is whethei it would be-'td- Ti«al>le lor vessel owners to pool theli own Interests and insure their own ships. Tills would be no novel measiiie, iibiiii iissoulu tiou ol this nature was In existence us fnr bin k as 18-H*, and tyj(ioh wits prompted by nun h the same causes iib obtain to-day. The tirsi, niuttial organization of this kind was formed by the whaling interests of the east, which were very large at that tkne In the ports of Nantucket, New Bedford, New London, Newport, Sugg Harboi, and in Hudson, on the North river." The vessels engaged in Ijifs trade being geuenllly of a low class, the premiums exacted by tho in¬ surance companies^ were large. The capital Invested, the ships being usually fitted out for a throe } ear cruiBe, was'also enormous for the risks Involved. In order to escape paj meiit of the discriminating rates levied by exuding Insurance companies, the own¬ ers ot whaling vessels resolved to form an association for their ow n protection, w hlcb they did. under the name of the Marine As¬ sociation, each member ol the organization paying a certain premium based on the clasB ol his, vessel, that being determined by an executive committee elected by the Inter esled parties. After the losses of euuhjo'nr bad been paid there remained a surplus of cash, which ieverted to the qicmbeis In the Hluipe of A dividend, made possible bv the tact that the association had no expensive olllcis to maintain; neither did It have an in m J ol tmpln'is 'I his beluga nun mil association, each member laid In, iib It woio, his own Insurance money, and a case ol evading Ihe respoiiBlbllltj of hiss neter occurred. In 18-12, '43 and' 14 theie were engaged In funic between Boston, l'hlladelphl i and Hal- mole three lines of patkels. 'Ihe eastern Insurance companies at that time looked up¬ on I tie passage between Ihose cities as ex¬ tra hazardous on account of the Ice In tho rivers and bays during severe winters, and exacted an extra large insurance rate, lo which the owners finally objected, and tonncil ail association similar to the fore¬ going, pooling their Interests, Insuring their own'vessels iineTsaving money It was said at the time that Insurance companies exact¬ ed a pieuiliim of U per cent, per annum, mid the association liiBu/btl their own omit at a cost of Inn 0^ to f percent. A few jours later another association was lormed, In 1845 G, in the State of Maine, w hlcli was nl- Bo brought about by Ihe causes, specified above, and consisted of owiicib ol a class of Hennepin canal project will this session veiiela known as low deck vessels, wholly1 come oht nt Ihe little end of the horn. It engaged In tho lumber Made between Maine anil the West Indies. A large portion of Ihe cargoes of these vessels was necessarily run led on deck, for which the orthodox companies asked extra premium., The.pwn- rr«, thinking Ihe discrimination loo great, fin incd it tnuiual aeioclatlon, paying their links and realized the lienellts above noted. Alter conducting Ihe business for live years, liisiiilng all Hie Inleicsts Involved, this com¬ pany divided n BiirplliB riiiid of over $100,- 000, leaving u reserve In the treasury of $1S,- 000. Some of the eastern companies of to¬ day ine oll'-shoots of these mutual associa¬ tions. This evidence, showing that these mutual companies became very strong, prompts us to gay that hike insuiiince Inter¬ ests can'be curried online samo policy with like good results, and It Is to'be hoped that vessel owners will examine the subject and lake th'e necessary measures to adopt them In case the unjust discrimination which has been outlined by underwriters Is carried out. _________"___________ A NEW OCEAN ROUTE. King Leopold, of Belgium, has been bUBv- ing himself lecently in studying the availa¬ ble feutureB of a new ocoan route between America and Europe. It leads direct from New York to uhot.t the fortleih .parallel and along ttint to the Portuguese const with the European entry at Lisbon or Cadiz. The PoHuguese ami Spanish governments are reported to bo strongly In tavorof It and there aro many reasons why they should be. The reasons given hi tile Belgian engineers and navigators seem lo be good. They claim the new routete warmer,comparatively tree from storms and entirely so from Icebergs.' It Is much further south, iib a glance along the line of the fortleih parallel from New York to Cadiz ou the Spanish toast readily shows. A good many nice questions .lire involved in the establishment of a new route and there w ill doubtless bo' plenty of time for discussion beforo this one Is adopted. has not been spei hilly selected, nor does It sectn Hint rliero Is any great animosity against, the scheme; It merely'shows the fate of all new pioJectB, and It will have fnr company In Its clreumsci Ibed exit all of the other canal projects of Ihe session. Tlio committee Is giving only two-thlrdsof the amount nsked for by the United S,tntcs en glnecr to works already underway. It luis been merellesslv tiini,ted by public opinion, and having setout to expend but ten million of dollars for river and harbor work,, the committee will doubtless slick to lis attitude against the canals, and nil the moio ten¬ aciously because It bus exceeded Its llmii now bv half n million dollars or more. Tub steamer Oregon, a description of which we gave some time since, Is the ocean grayhound' now. -On helf, third trip she .made the fastest time on record, passing be¬ tween Qi eensiown and New, York, 2,8(11 miles In six days, ten hours and ten minutes, an average of lS.iif miles per hour. Cap¬ tain Price, who sails the Oiegon, command, ed the Ansoniu in 1870, when that steam¬ ship made her famous westward trip In sev en days and four houra, the quickest pas¬ sage eter made up to that time. Is thero not Some headway in the captain us well as In the ship ? ' OVER-INSURANCE IN ENGLAND. A somewhat singular and not altogether pleasing phase of human nature is held up to view by the opposition of British ship owners to Mr. Chamberlain's bill, recently before the Btilisli Parliament. I< provides tlint no sum In excess ol Ihe actual cost of a vessel ahallbe reeoveiable by Insurance. In consequence ot Ihe many wajs that the Idea has been presented to the mind of the British public, there exists in that country n pretty general opinion that there nre vessel owners unprincipled enough, especially when dt Ivcnjto It by adverse fortunes, to take advaut age of the llberly allowed them In overl-nsuring tiieli ►hips, to la) deliberate plans for the destrtic tion of tholrown pro- peity. Indeed, lo diuw a inlldet IlluBtrailoii, for the Bake of putting humanity In general In tho best possible llghl, a shin owner can got n heavy insurance on an uiiseaworlhy vessel nud then salve his conscience with Ihe fluttering unction that she is merely taking her cbauces with the elements 111 sailing under the most ordinary conditions, iinti that when she sinks he is In no way lo blame. We all know that this Is slinpl) n mbleiluge to escape the law- Thai onneis have done these things lea mutter ol curient hlsiorj '1 hat they will do litem hereaflei, ll unrestrained stands lo reiiBon. Cases are being constantly brought Into court where men have, detled the law and binned tbeli houses, and Insurers leel morally certain ihut but n small percentage of these crimes mo brought to light. On tho other hand evan oidluary precautions to have Ids vessel sunk or cast away in unex¬ pected latitudes might (orever shield an owner fiOm loiinivunie In one ot the most lioirlble ol eilins. A bill, the object of Avhlch Is to make over-lnsuranco illegal, seems tp us a very mild cotreptlvo but-tfie English ship owners aie pot of this mind. TJiey will listen to no compromise but demand'tho withdrawal of Mr. Chamberlain's measure entirely. When It coiiiob to a vote he will doubtless find that his Is not a popular meas¬ ure and public opinion 1b against him. THE HENNEPIN CANAL.. If tho committee on jlver and liarhor ap¬ propriations keeps on In tho way It has been going since it took up thC'cnglnccr's esti¬ mates (or continuing work In piogross, tho THE KASOTA. On Saturday afternoon, th'e 19th- Instant, the steauiBlilp Kasota, Captain Thomas Wil¬ son, owner, was. successfully launched nt IheaHlpyurd of ({mule's Sons, Cleveland, In the presence of a multitude of people, with flying colors, without a hitch. In addition to extra strong frames, she is iron strapped diagonally and has two Iron arches on each side, one oi which Is let Into the frames on the. outside and Hie otliei into the ceiling and strongly bolted together by bolts runn¬ ing tl)rough Ihe trnines and ceiling. She has two freight gangways on each »h|e which admirably adapt her for carrying iron ore, grain or rolling freight. She 1h 200 feet ill length over all, 245 feet keel, 38 feet beam, and 21,'o depth of hold with six hatches and Is supplied with three iiiastB three main kelsons 1U Inches square, (wo 14 Inch riders, six strakes on the bottom 13 Inches square, with bilge strikes 1U. 9, 8 and 7 Inches and finished with a (i Inch snake. The'lieight Hold is divided into two lompaitmenls. The engine, the patents of which .wcie made expressly lor it, was built at the Glebe' Iron Works, and every detail Is in exnci proportion, and Is we do not hesitate to snj, one of the best engines on the hikes m else. Yilicre. It is a compound, with cylinders '28 nud 50 incites by 42 inch stioke, with steam reverse gear, opposite centers, and balanced; it has universal coupling on the main shall will) steel weittiilgjoiirnals. The slides, cross heads and crank pins, piston rods mid vidve stems nre of Sicilians. Martin steel; poppet valve w Ith cast steel links, and double crunks, of forged Iron, dl'imetricnl to each otliei. 'Jhe hoisting engine on the undo deck, also designed and built bj tile Globe works, w lib cylinders 8x8 operates cargoes and assist In making sail In heavy weather and also dilves an eight Inch bilge pump. II r pllge and cold wtiter pump is attached to and driven by tilt' main engine Tlio propeller wheel is cloven teel In diameter and foiuteen leet pitch The Dpller, which is of Otis Bteel, Is 8)6 leel in diameter and 1U feet long, will- 288 lines and allowed to carry 100 pounds of steam. Tlieie aie Iron main deck beams and lion pan under the boiler and lire hold with Hunch's hot air casing otornlid mount] the holler. Messrs. Upson, Walton & Com¬ pany furnish the oulllt, which includes the Providence patent windlass, No. 0, and the Felthouseu & Knssell signal lumps; she will also use the celebrated Katzensteln packing and will have a patent log invontod by Mr. Carroll of Union City, Pa., for -determining ships distance, at the same time iccortllng tho leeway. The above detail*, evlilcnco the fact that Captain Wilson, with his usual vise policy, has determined, in the fit-out of tills grand steamer, to have the most approved-ihn- ehlneryand appliances. Messrs. Qunyle's Sons|iuive In the construction of the Kasota added to their already enviable reputation as shipbuilders. _ The cost is estimated at $125,1)00 and she Is calculated to carry about 2000 tons. LITERARY NOTKS. The Atxantic Montoi.y for M*iy uon- ' Unties \flfh undiminished Interest the serial stales, "A Roman Singer," by Mr. Craw, ford, and "In War Time," by <?. Weir Mitchell. Richard Gram White contributes the first of twit articles eritllled "The Anatdmlzlng of William ShakeBpcaic," u very acute and Interesting stmjy of the facta nf Shakespeare's life and writings, dUalpat. Iqg some ol ihe idolalious lltusjons which some cxl remoShhkespenre worshippers have creaied. Ilonry James continues his French studies ol Havel. Prof, E. P. Evans Inn an article which, although Its title "Linguistic Palooontology" would seem to Indicate that • it Is fnr seholor* only, will be found of deep Interest to nil Intelligent renders. Dr. Geo. E. Ellis contributes a very interesting paper on Gov. Thomas Hutchinson, who was In authority hi the Cohury of Massachusetts Bav lust belnre the Revolution Henry C. Lodge writes ol William H. Seward, and Miss Hnrilet W. Picsinn has an admirable, essay on "Matthew Arnold u Poet." Tlio short story of the number Is by E. W. Bellamy, and Is entitled "At Bern's Hotel." Aitlcleso! public national Interest are,"The Silver Danger," by J Lawrence Laughlln; «nd '-The Progress of Nationalism," by Ed¬ ward Siaiiwimd. The poems of the number are by T. B. Aldilch, II. II.. and Edith M. Thomas. Several Important hooks are re¬ viewed, and the Contilbutor»' Club complete a thoroughly inlcreslingand attractive num¬ ber of tills sterling magazine. Houghton, Mifflin ct Co., ot Boston. A. few coarse freight clisjiers have, re¬ cently been made which indicate thuttlie -coming season of navigation is to be better than ihe past one lu this branch ol business The schooner Mot wood lake ties from Maui- toiilin Islands to CI lengo at ten cents each. This is one to two cents better than was pnid last year, nud is piobably higher than the next vessel will receive. The schoonerN, C. W.est takes n etrgo of telegraph poles from Port Huron to Monroe at 111 cents each foi poles twenty-live leet In length. Mor- gun it Klce have contracted to lake 20,000of these twenty-llve-loot poles from Port IIu run to Moutoe at the same-price. Schooner Dauntless takes coal from Toledo tp S-trnut nt titty centB per ton.—Detimt Flee Pteai. f Concluded /I'oin l»t pnge ] and slilpcarpenleis, Elston road and Bradley street, are building two vety liandnoine pleasure jaehts. One for Andrew Robertson With standing keel, length over all 30 leet. beam 10 feel, depth ol hold 4<> root. The other lor Captain Anderson with center boatd length ovci all 40 feet, beam 13 feet, hold 4 feet. Larsen Brothels, during the winter re¬ built Ihe Bchooner Winnie Wing for Captain Peter Peterson and the sthooner Kund for Captain Mifllin. They have a number of new boats 14 to 10 feet long for sale. Charters—To Buffalo—bteainers R. A. Packer, rye, nt 2>,>c; steamer Lycoming, wheat, 3JuC.\ To Erie—Steamer Lehigh, wheat, on Cjji'rough'rule, capacity 78,000 bushels w heat, 47,000 bushels rye. Freights tjw4el at JjjC corn and 2% on wheat to Bul- talo. A rule1 has been adopled by the Clticago tug owners lo the eftecl that all wind-bound vessels towing down ihe livei will b« chaigedone bill II towed out by the same line, but It auotliei Hue is employed for thai puipose it will hechiuged foi. R Chester, 28-1 South Wider street the celebintcd log horn and signal lamp manu¬ facturer, has his Bieie nud work shops lull ol tfsncl men, ticmi'early morn until lute at night, who are getting supplied with new lamps and kitchen outllts and repairs to old ones and the work done can be depended upon. .Tlio schooner Morning Star was suppled last week wllh one ot the Chestei fog horns. Masters lecoided at the Custom House on ihe, 21st. R. 11. Biewer, tug Annie L. Smith, James B. Lowe, steamship Hiawatha, Thomas Elliott, schooner Wlllluui Jonesfl>* P. Cralne, schooner Pewauk.ee; George W. Hale, sohooner York Stato; S. Bontson, scnooner Oracle M. Filer. • Inquiries hnve'beiln made as to where the tyhciit cargoes of the steamship Packer, Whitney, and Biillentlne are Insured, but all to no avail. Some ol/the ngetits thought that pethups IheBo cargoes had not been placed at all Mr. Bake), the shipper, was asked in regard to the mattor who said that the cm goes aro placed and that the rate ol Insurance Is 50 cents. Tlio cargo tarlll 1° Ruilalo Is 75 cents for a steam craft and *1. for u small craft, and an additional rate M' Bl sail craft.