The news was received with the utmost satisfaction in England as well as Portugal. The MARGARET steamship sailed from Hamburg to Hull on Friday, 19th October, 1845, with a number of passengers and a full general cargo. Shortly after leaving the Elbe she encountered a north-west gale, and after beating against it for two days, she was driven on to a dangerous bank called the Memmett, near Juist, at the entrance to the river Memm. The moment she took the shoal, the sea, which was running very high, swept several overboard. The long boat was launched and an attempt made to reach the shore, but owing to it being crowded it capsized, and every soul in it perished. From advices received, it appears that altogether sixteen of the passengers and three of the crew were lost. Those who remained on board the vessel, after severe privations, were rescued. The MARGARET was owned by Mr. Pimm, of Hull; was several years old; was about 250 tons burthen, and was rigged as a three-masted schooner. She was worked by a screw propeller, and was the first vessel of that description engaged in the passenger trade from the port of Hull. [Illustration: Steamship] [Illustration: Arrival of SIRIUS P. S. at New York, 23rd April, 1838.] FOOTNOTES: [16] There is some doubt as to whether this vessel was a steamer or a sailing brig. “The Liverpool Mercury” speaks of her as the “ill-fated steamer, RIVAL”; but the “Glasgow Herald” only refers to her as the “brig RIVAL.” CHAPTER XII. Pioneers of Transatlantic steam navigation.—Valentia Transatlantic S. N. Co. incorporated, 1828.—Dr. Lardner’s famous speech on Steam Navigation.—The ROYAL WILLIAM, first steamer from Canada to England, 1833; sold to Spanish Government and re-named YSABEL SEGUNDA.—The British Queen S. N. Co.—Launch of the BRITISH QUEEN, 1838.—SIRIUS, first passenger steamer from Europe to America, 1838.—GREAT WESTERN, 1838.—Arrival of both steamers at New York on same day.—The ROYAL WILLIAM, first Atlantic liner from Liverpool to New York, 1838.—The LIVERPOOL.—The PRESIDENT launched, 1839; lost, 1841.