![]() She returns with 1,300 bales of cotton, weighing an average of 400 pounds pet bale, She came into the business in April, has made two successful voyages and is now absent on the third venture. ![]() To arrive at the probable profit of the business, I made an estimate in the case of the Ella and Annie. The number of successful and unsuccessful voyages must be compared to make a sound conclusion. "This proportion of loss seems too large to allow the business to be profitable, but this view is deceptive. Naming 28 ships that had run or attempted to run the blockade since 10 March, Hawley observed that 13 had not been successful. Seward, commenting on the continued attempts to run the blockade despite the danger of capture or destruction. Hawley at Nassau wrote Assistant Secretary of State Frederick W.
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