There are also on the stocks four ships-of-the-line and 

 two frigates. 



There is also a contingent naval force of vessels, 

 owned bj individuals, but built by contracts with the 

 Government, and employed in the transportation of 

 the mail, and liable to be taken in any emergency at 

 valuation, and converted into vessels of war. This 

 force, comprising four steamers of the first class, is 

 employed on the line between New York and Liver- 

 pool. A fifth is contracted for, but not constructed. 

 One steamer of the first class between New York and 



