Harvard University - Baker Library Historical Collections, Harvard Business School / Heard family. Heard family business records, Volume FP-4, Folder GQ-2-2, and Volume JP-2.
Mss:766 1754-1898. Baker Library Historical Collections, Harvard Business School.
and , considering that 'lie did not have to feed theJ:l, nor
do
anythi~
but al -
10.
them to Btand or sit,
if
they could find room, it .aB pretty good
p~ .
They
put thelllielvel on board, and diacharged themBelve.. olt the end of
the year, .hen the Fire- Dart 'a accoun ta .et'e made
1.
lp ,
1
t waa fOWld that
0\1
I'
three-quat'ten of het'
had
_':
e a clear profit
ot
$175, 000 ,
in addition
to
2
~
on llet' coat for dep:reciation , a reault which
I
fency wa$ Gcarcely
ever equalled. Dlu"illl; the ume year,
lIW
brother had bov,ght a small eteam-
er 1n .America and put into her lome old en&inet that he picked
up
for a
lOng .
She .aa called the Shantung, and although Ihe .a••
0 _11 ,
did
tole:rably .ell. Ie aveiled, ho.ever , of
a."l
opportunity to lell her , aa
I~e
wae not big enough to
p~
except at vo r y high rates of freight . We
obtained 1I0me
80, 000
t aelG for her, and retained the agency , ao that our
c"".",luion accOW1t ci1d not suffer. 'lie kllPt het' runn1ng
at
a moderate
profH
Wltil
ahe ..a finally loat . rul waa the belt ,thing that could have hap–
pened to her or ber ownera .
Ir:.Y
1!:
lpre"ion
111
that abe wall loat at or near
Japan .
Steaaers were pa,ying ao well that we aent over to
Tom
Carey at
San Francisco and requelted
him
to charter for
UI
a .teamer of al great ,
or greater eapae1t:/ than the Fire- Dart . This he INOcleded i n doing. He
lIent
lUI
the Cortell , Captain Da.l l, .hich proved a
mo.t
Batittactor)' trln -
lIaction, or would have done ,
had
lbe not, '\llIfortU1ULtely , burned
1.
lp
aftet'
her Urllt trip. She was lade.n and on the point of starting tor Hankow
wben the fire broke O\lt .
I
.
at
1
n
the
upptlr verandah "f the
house
and
.
atcued
it
from there .
I
could do no good and wa. better out of the
.80'/ .
The businelll of the ,hip" charter wound
up
badly, but thi. "aa 1n COD_
I6quence of .Ilbert " having bOUGht the eIlf!:inel
,,1
tb the view of put tiug
them into another ,hip . Thie wae never done and
the-J
.
ere finally ,old
at
a
heavy 1018 .
An
atteapt wa, IIIIlde about thil time to get
up
a ,te&:li8r cOIlIpany.
'39
w
m
hing 11.1.
0'11'
stand.
wall
.
w.s
eelv811
.
A.
. "
.
CO"Wlts war
cali.
\
lP.
i
.
es
'
lln
oW
rters
r
made ..
f
6
!
D
b'fo
011
iar
s
reciat1
.
Mle
'11'0'1
$
Be
r ng
.
a
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~ht
•
~ll Bte~
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ugl
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s
8
Inl!I.ll
tt
well
dl
we
:
Bel
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es
e
.
Bo
&
i ed.
110
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e T
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c ci y
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sh
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r
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11'&8
&
tutll1& f B
h
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ou
s
i
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o
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watch
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i con
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oug
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om
