Manual of Ship Subsidies
The first call for tenders was made in October, 1838. The St. George's Packet Company, owners of the Sirius, and the Great Western Steamship Company, owners of the Great Western, put in bids, the former offering a monthly service between Cork, Halifax, and New York for a yearly subsidy of sixty-five thousand pounds; the latter, a monthly service between Bristol, Halifax, and New York for forty-five thousand pounds a year.
Neither offer was accepted for the reason, as was stated, that a semimonthly service was desired.[V] Instead, private arrangements