The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-05-09
Ground for Anxiety.

consideration of public and national in
terests.
Ground for Anxiety.
The STANDARD" says: The agreement
fails to supply information on many points,
but a cursory examination leaves dis
tinctly unpleasant impression. There is
abundant ground for the anxiety ex-
pressed since the rumors OF the amaIga-
nation we're first Published.
The new corporation is an American
company. Its founders naturally intend
that its transatlantic managers shall ex-
ercise the controlling voice. This is the
point Of most interest to the British peo-
pie and government. The paper does not
hesitate to say that the bargain. whether
technically legal OF not, distinctly con-
tradicts the spirit of British legislation
Il asks what prevents the process being
extended to other fleets, the peninsula
and Oriental, etc, and dwells upon the
dangers in case OF war, when vessels
might be detained in foreign ports.
The paper concludes by declaring that
II is imperative that the Government ex-
plain what action it proposes TO take.
Under American Flag.
The Daily Graphic says: 1T is rea-
sonable to suppose that the ships will Ill
timately pass to the American ensign.
This is a matter for very thoughtful con-
sideration, but not dependency or alarm
The pre-eminenee of the mercantile
marine is the mainstay Of our maritime
power When the change of flag is accom-
piished it will be the governments duty
10 devote its attention to the economic
circumstances which caused it
The Graphic" is comforted by the con-
sideration that the trust has liberated
much British capital. which may be used
TO build new steamships 10 compete with
the old ones
The Morning Post considers the build
ers' agreement q more Interesting part
% the document, believing that so long
as il is possible to build % per cent
cheaper on this side than in America the
most probable effect OF the new COM
bination viii be benefit TO British ship
building as represented by the Harlan
& Wolf Company.
The Post" does not believe that the
agreements disclose the whole OF Mr.
MOrgan's combination for capturing the
Atlantic trade, but says that so far there
appears 10 be nc ground for the gloomy
representations OF impending disaster
u
Predicts Trusts Downfall.
LIVERPOOL, May 8-The shipping
weekly. Fair Play which was published
before the shipping agreement was given
out. has this TO say of the ocean COM
bine:
The cleverest thing in the whole his
tory Of the White star Company is the
-
the trust The White Star Line found it
self between the devil and the deep sea.
1t became simple question of selling at
once or losing money later on, for J, was
not question Of English shipping hght-
Ing American, but Of fighting American
railway companies. II Mr.. Hariand ass
sisted at the birth Of the White Star Com
pany Mr. Pirrie presIdes at its obsequies.
Meanwhile, in The betting on the corona
ton stakes Mr.. Prizes peerage has gone
back from eyens 70 TO f.
But will the trust itself stand? There
is a growing opinion in America that IL
will not. II viii break down By its own
weight the moment the tide Of prosperity
IN the United States turns. Whenever
that time arrives, as arrive it certainly
viii, the whole edihce, which has been
built up on fictitious and inflated prices,
cards and the American people will begin
10 ask why the whole nation should be
1eeced for the benefit Of group Of wire
pullers who produce nothing themselves,
but who by sheer audacity, take heavy
toll Of other peoples Industries
The article concludes as follows:
IN the long run, wherever there is
freight to he had that is worth having
English ships viii be handy about, and
what they cannot carry at a profit viii be
q severe blister TO their opponents.
British Cot Little End.
The Evening star" commenting OF the
terms OF the Atlantic shipping combine.
made public yesterday. intimates that the
English shippers have obtained the small
end OF the bargain The paper says:
The disclosure OF this transfer, one
hopes, will at least lay some OF the more
heroic imperialism and unionisuI we have
been accustomed 10 hear from the mem
beTs Of patriotic firms like Harlan &
Wolf and the Ismays. They made their
bargain, and are getting their pieces Of
silver. Let them Tefarin IN the future
from pc sing the only true patriots
The American trusts have shown that
they know how 70 use money and brains
while nder the muddled guidance of our
efete ministry We can effectively use
neither"
Echo refers TO the report that Amer
ica's Attorney General and President
Roosevelt are opposed 70 the combine.
and says:
The White Star shareholders nay yet
experience the truth Of the proverb
There's many a slip betwixt the cup and
the lip. q"