The British & American Steamship Company encouraged by the successful voyage made by the "Sirius," built, in 1839, two sister ships, the "British Queen" and the "President." They were 1,863 tons gross register, and 700 horse power. The "British Queen" sailed from Portsmouth, July 12th, 1840, and the "President" on July 17th, 1840. The "President," after sailing from New York, on March 11th, 1841, with a small number of passengers, was never again heard of, and in consequence of this disaster the British & American Steamship Company ceased to exist. We cannot omit from our brief review of the early history of the steamship, an allusion to the "Great Britain," the first large iron steamer. She was 3,270 tons, and was launched at Bristol in 1843. For very many years she was our largest ship, and considered to be one of the wonders of the day. She was placed in the Liverpool and New York trade, and sailed on the 26th July, 1845, on her first voyage. I remember seeing her pass down the Channel off Seaforth. Her six masts greatly impressed my child intelligence. She was wrecked the same night on the Irish Coast, but she was afterwards got off, and had a very varied and chequered career, and underwent many changes. Her six masts were reduced to four, then to three. She had new engines, and was placed by Gibbs, Bright & Co., in the Australian trade. Then she was converted into a full rigged sailing-ship, and in 1883 was condemned at the Falkland Islands as no longer seaworthy, and remained there for many years as a coal hulk. It cannot be said that these early endeavours to establish a steamship trade were very encouraging, and the great scientist of that day, Dr. Lardner, stated that he had no hesitation in saying that the project announced in the newspapers of making a voyage directly from New York to Liverpool was perfectly chimerical. They might as well talk of making a voyage from New York to the moon. All the more honour to those pioneers who had the courage and the prescience to go ahead; and to Mr. Samuel Cunard and his partners the steamship trade must be for ever deeply indebted, for to them we owe the first serious and successful effort to establish a steamship service across the Atlantic. They built, in 1840, the "Britannia," "Acadia," "Columbia," and "Caledonia,"--the first ships of the now celebrated Cunard Line. The Inman Line was founded in 1850, the Guion Line in 1866, and the White Star Line, which now shares the great Atlantic trade with the Cunard Company, was established in 1870. [Illustration: SS. "President," 1840]