the floating power must therefore be calculated at least to raise her 5 feet 6 inches, so as to be quite sure of moving her. Now there is not more than 10 feet water around the vessel even at high water of ordinary springs, and it would be impossible to calculate upon more than 9 feet as a certainty. No floating power worth having can be got in the vessel, and the floating vessels must therefore be capable of sustaining the whole weight, with a draught when the vessel is lifted of only about 4 feet. The weight to be sustained is 2,000 tons, and to do this with vessels drawing only 4 feet would require that they should be upwards of 30 feet in breadth on each side, forming with the ship a total width of upwards of 100 to 120 feet, and upwards of 300 feet in length. I do not say that this operation is impracticable, but it is at least a very difficult one, and must be almost entirely dependent upon weather, and, unless in perfectly smooth water, a very hazardous one. My belief and conviction is that the safe mode of proceeding, and by far the cheapest, will be to lift the vessel by mechanical means, to lay ways under her, and to haul her up sufficiently far for her to be safe from the sea; to repair her just sufficiently to make her water-tight, then launch and bring her to Liverpool or Bristol. But, as I have before stated, there is time to consider these points, if in the meantime we take steps to preserve the ship. If the property is not even now worth protecting, it will indeed be waste of money to be preparing at some considerable expense to remove what will in all probability be only then a valueless carcase. If the Directors should determine upon adopting the course I have recommended, I must remind them that the plan is one depending entirely on the skill, the vigour, the aptitude for expedients, and possibly, if bad weather should come on, and day after day the work be destroyed, on the unwearying perseverance and determined confidence in the plan of the person directing it, and the sufficiency of means at his command.