Some years ago two Boston merchants were engaged in building a ship for the freighting business. When finished, there was a difference of opinion in regard to the selection of a name. One proposed the name of a distinguished southern statesman, Mr. Poinsett; the other, an old shipmaster, remonstrated against giving the ship the name of any living person; and he carried his point. "The man you mention," said he, with energy and emphasis, "is a good fellow enough now; but before two years, he may change his politics, or do some other shabby act that will stamp his name with infamy. And then how foolish we shall look when hailing our ship. No! Never while you live, call your ship, or your child, after any living great man; but take the name of some one whose excellence is vouched for by a tombstone." A line of packet ships was projected, and in part established some thirty-five years ago, between Boston and Liverpool, by some public-spirited merchants. The project, however, after a time was abandoned. Three new and beautiful ships were built for this enterprise, and plied regularly between the two ports; they were named the Emerald, the Topaz, and the Amethyst. If the undertaking had been successful, other ships would have been added with names of a similar stamp, as the Diamond, the Ruby, the Coral, or the Pearl. The government of the United States has, for many years, adopted the plan of naming ships-of-the-line after the different states in the Union, the frigates after the rivers, and the sloops of war after the principal cities; thus we have the Vermont, Ohio, Pennsylvania, etc., the Brandywine, Raritan, Merrimac, etc., and the Jamestown, Portsmouth, Hartford, etc. As no more ships-of-the-line will probably be constructed, comparatively few of the states will receive the honor originally intended. The introduction of large clipper built ships, within a few years, has been attended with a new and distinct class of names, some of which are of a decidedly poetical character, and fill the largest speaking trumpet to its utmost capacity; thus the ocean is traversed in every direction by "Winged Racers," "Flying Arrows," "Sparkling Seas," "Shooting Stars," "Foaming Waves," "White Squalls," "Sovereigns of the Seas," and "Thunder Showers;" and we may soon see launched the "Almighty Dollar."