Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-01-20
.THE STEAMSHIP TRUST
Combine of Morgan. Cassatt, Hill.
Etc, Interests Seems Sure.
GREAT SCOPE OF PROJECT.
Would Control Freight Carriage on
the Pacific as Well as on the At
Iantic lsmay's Coming May
ExplaiD-Sh shippers Positive.

New York. Jan. 20.-Despite the luke
warm deniaIs Of the agents in this city
for the various steamship companies
mentioned in the proposed deal of J..
PierpOnt Morgan, j. J. Hill. II. H. Rog-
ers. a. J. Cassatt and the Rockefelers.
| there is feeling among shipping men
III general that such IL thing as Il gigan
tic freight steamship deal is not by any
means an improbability.
| None of them however, will allow his
name to be used in talking about the
scheme, but it is the general opinion
| among them that j. Bruce Ismay, the
manager of the White Star line, w. 5
Graves. Il stakeholder in that company;
| W. j. Pirrie. Il director of the Leyland
and White Star lines and head Of the
shipbuilding firm of Harlan 4 Wolff !:
| Henry Wilding of the American line
and chairman of the Leyland line and
Mr.. Hill. one OF the best known adml-
rally lawyers in England, are not all
| coming over here together on the
| steamship Celtic. which is due Wednes-
day, solely for pleasure Shipping men
assert that by Saturday this combina
ton will be Il reality.
1t is also said that the steamship
| trust. in the event of the Panama canal
becoming Il reality. would control not
only the shipment Of freight across the
| Atlantic. but the Pacific as well.
Emil Boas of the Hamburg American
| line said he had no information to give,
| and Gustav II. Schwab of the North
German Lloyd and Vernon FL. Brown
of the Cunard line refused to say
word.
Trust Plans Origination.
This trust plan was first heard or last
winter, when Captain Bernard Baker
Of the Atlantic Transport company
went to England and remained there
for some time.
Frequent cable dispatches We're re
! ceived in this country telling about Il
proposition of ], Pierpont Morgan to
form Il steamship trust and that Cap
tain Baker was much interested in tht.
project.
Another dispatch said that Mr.. Nor
gan. who in the meantime had gone to
| England. had bought the Leyland and
Atlantic Transport lines. The pur-
chase OF the first line was admitted.
but that OF the Atlantic Transport line
was denied.
A representative of Mr., Morgan has
made "A denial of the scheme without
being asked to say ii word about it.
The representative said. 1t is all talk
and nothing more" .a,
John Lee the agent Of the White
Star line in this country. did not make
a denial when he was asked about the
coming here Of the head Of his com
pany and officials of her lines.
Mr.. Ismay," he said. probably is
making his annual visit but | know
nothing definite about his plans OF
why he is accompanied by other ship
ping men. | know nothing about
steamship trust being formed. Mr..
Ismay, however. might have some
thing to say about the plans of this
company when he arrives"
Cunard Line Not Included.
The German. French. Holland and
Cuinrd lines have not been mentioned
in the proposed trust. and the object
of their being left out is readily under
stood by shipping men. They say that
the Morgan Rockefeller-H combina.
ton intends to obtain control of the
largest carrying freight steamship
lines. BY doing so they will control
more than three fourths of the ton
mage of the transatlantic trade. The
Cunard. Hamburg American, North
German Lloyd, Holland and French
lines will, it is said. ask their govern
ments to help them fight the steam
ship trust, but, it is not believed the
governments will ask merchants to
patronize ships of their own country
and lose much money out Of patriotic
motives.