The Montgomery advertiser., 1902-05-25
PIERPONT MORGANS DREAM
 OF TRANSPORTATIollNN \ ,'!' TRUST
Head Of the Worlds Greatest financi1RnAlSe II Planning the Greatcst- Gomhiat :He:s
 Has Ever E6fa ::ss "a E: <, sss sss &

New fork Wofdo. Such was the dream Of !. Pisrpont Nor gan, the FAther of Truetg. 7" gss The almost realisation Of -thiH dreaH! has deeply concerned Kins Edward % xA6 the organization ef the treat AtIlp&lc Ship Tfust by ;Nr. MorgAn tfreA fe4a British supremacy of the wave1 f nni k., is s
 Both land and ssa are to be bf6tx trial world. Railrosds and
 lines are to be federated into one ktt23gk system Of transportation that VII at4l3 'is six @ stssmship lines. with ios iasDs s4arA.gl are at the. present tinfs crsanf2th HkS the Atlantic steamship Truet. Tea YtpSk lines win make 'harmcnious NRe3Hf agrsement with Mr. Morgsns atesa3f 3S1 Trust. % th.t more than 70 vessfds 1aBH sBY
 TS;s is almost the entire nunSGeeo A large passenger steamships piyine edfet8 larly between America and Eropt s. los .s.s ,csn ' Rsfircsd s Trust. practically sSij pleted by Mr., MofGan. and arAnp" '.harmonious working agreement h the steamship lines that connect eAn Philippines. and the international Trans portation Truet becoufes . fact.
 These various railroad and steamship companies may not be actually fused into ter plan than that, The latest thing Il! trusts is the "community- cf-interestS Ideal which he has originated.
 The aim of the new Transportation Trust is to capture the carrying trade of
 B By means of the new Nicaragua Canal and the Philippines the Transportation Trust will be able to send It's ships to
 1t is also planning to build . railroad
 A recent dispatch from Hong Kong an nounces that . syndicate headed by J.
 9rsn hss sur aePsa sS the to saa railway from Picking to Ching Kia Kan.
 If the new Trans-Sibertan Railroad. now, being built by American engineers " w,tn mr Moraan ao max. D working agreement" with his Internationr al Transportation Trust. then MT: Nor gan will absolutely belt the world with hs His rs.ay ana srans M cross two tinents and his steamships will cross two oceans. He will. become the grand stage- driver and ferryman of the world.
 New York the Headquarters. E
 The steamship lines brought together ican line with eight ships. the Red Star with thirteen ships, the White Star with twenty-three ships, the Dominion with six ships. the Leyiand with tnirty-iour ships and the Atlantic Transport with twenty These six lines will form what will be known as the '.International Navigation Company with It's headquarters at No. The stock issued will represent value of N7o.ooo.0 900. For his work in orsanix. ing the new trust, Mir. Morgan has re. ceived the royal fee of $12, 500.000. payable In the stock of the 'International Navi- But these six companies will only be the hub of the great wheel that Is to roll around the globe.
 An, agreement is to be arranged. and may be already concluded, with the Gun ard line, the Wilson and Furness-Leyland line. the HoIiand-America, Hamburg American. North German Lloyd. Allan. Sonth American. Anchor and the Pacific and French lines. w t,
 Consequently the total value sof the steamship combination will be over $450.- 0O0, 600. A a
 The originator of the Steamship Trust Idea was Clement A. Griscom. President of the American and Red Star lines. He was obliged to ask the assistance of MT. Morgan. the yeferan consoiidator of the world. At once Mir. Morgan saw the immense possibilities in the scheme. called for London and last week com pletedy all arrangements which now give to America the practical control of the merchant marine of, the seas. =
 American interests will dominate the proposed amaigamatton.' said George w. Perkins of J. P. Morgan & Go.
 The plan will be Of benefit not only