New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-07-28
sHIPBUILDING IN UNITED STATES.
RESUME BY THE MARINE REVIEw"-THE
MORGAN SHIPPING COMBINATION

'-The Marine Review" has prepared interest
ing introduction TO the 1902 edition OF The Blue
Book Of American Shipping which is a marine
directory of the United States. The introduction
is a resume of merchant ship construction in the
last year. and also of the progress of the ship
building industry throughout the country. The
Morgan shipping combination il calls the dra-
matte event Of the year. The Introduction in part
follows:
1t is proper to state that the dramatic event of
yhppine cobinstiop This xfTanrd fe TS
has combined under one management the White
star, Leyland, Red star, American. Atlantic
combination was presaged by the acquiring earlier
n The year of the LeyIand Line. The great factor
American. Red Star and Atlantic Transport lines
Mr.. Morgan. The White Star Line enters the COM
binauon upon basis of ten times its profits for
stockholders of the White Star Line as the year
1890 was the most profitable in the history OF the
solution OF the White Star company was merely
private matter-and an extremely profitable one
lts afIair created the widest eH
pa Ey was roundiy denounced for surrendering its
i ihPS Sy those ThS sG haf not dollar at stake In
so far as the present Congress is concerned. The
SPRhg s mac PsssHd the Senate 9h with an ease S
witnessed its death struggle in that body during
upon the Morgan merger following soon thereafter
II was ine0ngnenty shelyed We regard this as
cannot spring like Minerva, full armed, into the
yer the average American mortal believes that Mr.
Morgan has conferred this blessing upon the ma
less shaan per cent p Rfitain's shipping: The
full. and running along trade routes that are as
automatically established the flow OF the Gulf
only two of them were built in the United states
aR b Only f9ur o. them are lying the American flag
and they cannot be admitted TO American register
unless the navigation laws are repealed-an eX-
proceeding. a American
chant marine. such existed in the days Of the
VIII not aP that We aT viii nve as have ever n
erehant marine but we VIII say that we vii not
comes to the rescue The essential point OF differ
Slipping ed Is that Btains shppng Is e ea abe
iished: II flows along commercial lines formed by
be diverted from these lines without exceptional
e IS tas s Wa ssys in S this
Gated aid for an indefinite period Of time. We adj
A human being does not want swaddiing clothes ali
nis me nnt wneh ne is youngster ne wants them
American trade routes are established, It can then
tirle Il beyond that period would probably be a
ships are largely engaged in the Atlantic passenger
service. The amount of cargo which they carry
nuaIIy leaves these shores It is the humble
freighter. which braves every sea and pokes it's
tained, thar We want TO favor. The amount OF
freight which goes abroad in an American bottom
The number Of vessels built in the United States
coasting trade. of course and very large part OF
them on the Great Lakes: was 1857. Of 47s.sSl
gross tons. compared with LOO vessels Of 4se61
tons. for the preceding year. The decline during
the year is in sailing vessels canalboats and
This year the sailing tonnage aggregated 101072
tons; last year, 99 tons substantial increase
is noted IN steel steamers which aggregate 25 47e
tons against 235265 tons for last year The con-
struction OF canalboats and barges declined from
S.S31 tons TO 57.5o2
No new orders of Importance are noted on the
se2board and in this respect the outlook not as
favorable as IL was a year ago.
In the Great Lakes district there is every indica-
ton Of volume Of shpbuilding in 1903 fully equal
70 the record year now closing. The lake ship
builders close their year about midsummer as their
most active period is the fall and winter. In the
year closing they have built forty-three YES
sells, costing about siO $780, 900. They already have
for the coming year orders for twenty Eight vessels
that are to cost about S25O00 This summary
does not Of course take into account any of the
small vessels. 1t refers only large steel ships
IN this whole list Of new lake vessels for the wear
closing as well as the year TO come only two are
steamer and it's consort.