Show A GREAT VENTURE AND LOSS thic THE greatest raft that tha t wis was ever put together so far as records g go G was recently launched in nova scotia its weight was tons so the reader may form some idea of its immensity in proportions it was nearly at as large as the great eastern steamship its destination ti was now new york and it was being towed by the miranda a 1500 to ton n steamship of the red cross line tile the second day ou when near nantucket shoals the cables parted through the monsters mb mo usters constantly wallowing inane trough of tau oe sea and being difficult to pull along there was a heavy fog and it got entirely away search has haj been made constantly for the raft and though it was once eight sighted e d afterward it got away again ario and no indication di of its whereabouts was received antl tuesday last when as a olg dispatch atch formed us as a vessel discovered red an immense lot of stray logs drift drifting ilig about loosely on oil the waves and it to ie believed that these were fragments of the great structure it having gone to pieces and floated alarta the raft was in the shape of a cigar with the ends cut off and flat on he be top tep and bottom it consisted of sixty seven layers of logs amounting in all to trees the ends pointing ig g toward the centre ald aid the reverse these being held in position with challis chains it amounted to feet of pine and feet of hard wood lumber was feet long 62 feet wide st at the centre and fifteen feet in diameter at the ends and was valued at it was design eato revolutionize the transportation of timber and lumber now so eo difficult and expensive a proceeding if the plan had been successful the change would have teen been very great and the saving to shippers and con sumers burners enormous as an instance of which the difference between tha enri fret freightage haage in tile way and theone the one that unhappily failed ailed was corn com buted at or orone olie sixth of the value of the entire cargo in tavor favor ol of the latter latier plan the raft was not insured and will probably ably be a total loss loea |