Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-04-26
Comments Generally Are of a Very
Gloomy Kind,
SOME ARE QUITE SARCASTIC
Post Talks About Reunion OF English
Speaking Peoples by Annexation
OF England TO America,


morning give first place to comment
on the Atlantic shipping combination,
publishing all kinds Of statements and
alamlst editorials on the political bear
ings Of the combine.
Thus, the Morning Post, dealing with
the subject In the light Of the danger
Of Great Britain losing her sea SUI
premacy, says these things ought to
have been foreseen. III there had
been, several years ago, proper stra-
tegical department at the admiralty,
much that has been done detrimental
to Great Britain would have been pre-
vented" says the Post. The paper con-
cludes; when at last Great Britain
has been peacefully annexed by the
United States there will be rejoicing
over the Reunion Of the English-speak-
ing peoples and over the fact that their
old home has been saved from con-
| quest by Germany"
The Economist says II thinks the
amagamaton is not so important in
Itself as in suggesting a greater com
blnation Of railway and shipping In
terest, Of capital and Influence on the
American side, which could not fall TO
have a most disastrous effect on Brit
ish maritime interests.
The Times announces that the ship
| ping combine corporation is now In
| process OF organization; the issue stock
| having been underwritten here and In
| America and that the prmoters are
ready TO extend the capital to $40,-
| 100000, The paper says also that the
Cunard line will probably enter the
combine, forcing the smaller lines TO
follow, In an editorial deprecating the
alarmlst Views on this subject and
tending 10 defend the combine, the
Times refers to the wild suggestions Of
the necessity Of government interfer-
ence and declines to see that II will
seriously diminish Great Britain's
command of the sea.
The Times admits that the question
OF subsidized liners Is important and
requires further elucidation. The paper
hints that the enormous business ex-
pansion OF and activity IN the United
states is not taking an altogether |
healthy and safe form and that the |
big combine In business may easily be |
overdOne. The Times further under |
stands that pressure will be brought
upon the government TO represent to |
Lord Pauncefote, the British ambas-
sador at Washington, the urgency OF |
obtaining report as to the extent and |
organization of trusts In the United
States and their effect upon CONNER
cial transactions
Most OF the weekly reviews discuss
the shipping combination in a moder-
ate tone but with no great degree OF
satisfaction The Spectator says. I'VE
cannot pretend to view the situation
with pleasure and we dislike The cur
rent tendency to restrict competition.
At the same time Il Is idle TO talk
vaguely about the tyranny Of trusts
and to propose prohlbtiVe legislation
In our opinion all that can be done is
TO allow natural forces to operate free
ly In buying and selling, but vigilantly
TO protect unwilling sellers from any
attempt to coerce them into parting
with their holdings"
The Outlook thinks the steamship
business Is most vulnerable to compe-
tition and the worst industry that could
be selected as the subject OF a trust.
The Saturday Review takes the mat
ter Of the steamship combine seriously
and makes II the text Of q long and
bitter anti-American sermon. II says IL
feels sure that all the British vessels
In the combination will ultimately pass
to the American frg and declares that
the nation will now be compelled to !
step in and save It's very existence.
In the first place" says the Saturday
Review, AL agreements must be pub !
ished. with their full conditions and
freight rates. The secret or postponed !,
'ebates must be made illegal and the
merchant made a free man again"
j. Pierpont Morgan Jr. said 10 a |,
representative of the Associated Press !,
afternoon: There has not
been a single development in the ship
ling trust since the announcement of y
he Associated Press Of April 49, All
his agitation In England is quite un- Y
'ased. We cannot transfer shlps from Y
he British to the American flag and d
What Is more we have not contemplated Z
I. Some Of the serious papers here are a
ertainly making great fuss, but It all y
ppears TO us 10 be very sensational =
journalism. We know Of no opposition :.
0 the combination and neither know =,
r particularly care at the present mo-
lent what the Cunard and other out
lders plans may be. In course OF
me the agreement on which the trust
based will be submitted to the share n
olders OF the individual companies
)ncerned. But a good deal has got 10
? done before that happens"
Lord Strathcona and Mount Royal. ~
he Canadian high commissioner In On
ondon, has said In an interview that az
: was disnclined to credit the report 10
lat the shipping combine was at an
mptng TO secure control OF the Cam in
Han Pacific railway. A rumor Is cur. nm
nj In Liverpool shipping circles that No
e shipping combine would pay 10000 m
r each $1,000 share Of the White Star No,
he. co.