One argument in favor of the sale was the five ships running from New York to London have been losing money. While they were running with full passenger liits they could only carry about 140. all told. in each of these ships. and the same number of cabin passengers. with a small number of thirdclass passengers in two ships. The thirdclass passenger business. on account of the immigration quotas. was. of course. only good for four months in the year. These ships could carry 10.000 tons of cargo. but rarely carried. I believe. over 1.500 tons of paying cargo eastbound and seldom over 1.000 tons westbound.
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immigration