The sun., 1901-05-14
CONTROL LONDON TRADE.
yORGiN'S CONFINED STEAMSHIP LINES
WIN yIRII my no TINS.

President Baker Of tho Atlantic Transport Com
pany. Just Back From England, Has Some
thing to Say About the Great Project To
Moderate English Docks Part OF the Pian.
Y may be safely inferred that there soon
viii be an amagamatiOn Of the Icyland
iar rf STEAMSHIPS purchased by j. rirr-
ron. Morgan. and tho Atlantic Transport
Goo'. comprising some Of tho biggest pas
sna.c~ and cargo carriers aHoGt. Prcsiden:
Bernard y Baker of the Atlantic Transport
arrived last evening from London aboard
tho swif'est ship of his line, the Iwin-sCrew
Minneapolis He was inclined 10 be some
what guarded as to what he had accom-
rIshcl in his several conferences with Mr..
Morgan In London lie wouldn't even say
whl' negotiations were pcndinSlooRinGt
RECOMMENDATION Of theliue', but he did say:
4 know that Mr. Morgan has bought tho
Icylaud linc What he intends to do with
III am unablc at present 80 say. ~ chair
mar f tie Board Of Directors and the prin-
,.1. .iorNhoMcr in the At'antl" Transport
Line. may say that certainly would know
If an amalgamation of the Two lincs werc
concentrated. no know: We'll, now,
if ,ou were in my place would YOU tell the
rccsrapcrs all about such a scheme If YOU
lal it i'm vlcw''
Mr. Baycr Smi,el blandly and invited
more qur-lipn- He got them. and lodged
with rlc ,lcverucss of Guaucor lie
said, however, when pressed a bit:
IF the Iryand and Atlantic Transport
nne, wore merged, AMI do not say that
they are. they would do practically all III"
clr~ymy trade in pa.ScN-""S and freight
10 London
They land AT the London docks from
American ports about ln1.oon tons a week,
or. putting it roughly, 5,ooo.ooo tons year.
To handle this freight ot an\merican dock
costs about - cents a ton. BY the anti
ouatod methods they have in I.ndon 1t
costs nearly three times as much.
/ have plans here in my desk made by
engineers whom took to London with
me- for the construction of new docks over
there hy which We can load and discharge
r7rr, N one-third of tho present cost.
Tho docks will have to be practically re-
hui' A. cost of perhaps si2,0oo mo. If,
after tho reconstruction Of the docks, the
Ioy.and and Atlantic Transport lines should
combine they would he able to pay a large
percentage on tho investment simply
through the saving of money spent in dis
charging and loading freight.
%. course We would have 10 employ
lahor-spv,ng machinery such as is used
hero The English labor unions will not
luf thor employers do this in London.
Tho primitive way they discharge freight
has been ceusnrcd 10y the British themselves
They unload II from n steamship to barge,
then transport it to another place for weigh
ing and fHally transfer it to another barge
for dclivelr"
Mr. Pakrr said that there was trcnida-
ti0n in English shipping and mercantile
circles over the rncruaohmcntS Of German
enterprise The situation in England was
gloomy. and capitalists and manufacturers
icll blue. They We're inst beginning 10
wake mp tu the tact that the IoutOn was
after them and making gigantic strides
IN the shipping business.
They looked ON the United states aS
an indirect sort of competition. hut feared
Gorw1uy.- colonial acquisitions and the
Tannhcalions Of her commercial fleets.
In response 20 the inquiry whether ho
thought that Mr. Morgan intended 10 buy
other lines than IN" leylaud, Mr.. Baker
said h. didn't want 10 say anything about
that ~ b" didn't know, The tonnage of
the IcyDand line, including several big
steamships under way, aud thai Of the
Atlantic Transport line at the end OF 1902,
Mr Baker surmiSed. would bo clos" to
GllOOO he said there were six steam
ships building for the Atlanti" Transport
In America two ii,pou-tun twin screw
and two 10000 tOuurr- al Camden and
Two $4,000 twin screws AZ Sparrow =
Point, Mi