Omaha daily bee., 1902-04-28
MORGAN THEBUCBEAR
British Public Greatly Worried Over His
Control of Ocean Shipping.
FEAR THAT he IS AFTER IT'S RAILROADS
Consoles Itselfwith Thought the Ships Are
Still TO Garry British Flag.
LIVERPOOL SEES LOSS OF ITS PRESTIGE
Belief is Common Combination W Ho,.,
Trade to Southampton.
VISIT TO PARIS STARTS FRENCH GOSSIP
Statement Made that Government
would Not Permit the French
Company 20 Become Part
of Combine.


Copyright, 1892, by Press Publishing Coz
LONDON, April 27.-(New York World
CableSram. Special Telegram.)-The panic
caused by the Morgan ship combine is in
creasing instead Of diminishing
It is again reported that Mr.. Morgan is
aiming to secure control of railroad from
Southampton to London and also Of the
great central line from Liverpool through
the midland manufacturing districts to the
metropolis. 1t Is believed that the ocean
combine is only part OF a scheme involv-
ing British railroads as we'll as shipping
Despite the assurance that the British
ships concerned will not pass under the
American flag, the public, remembering
the equally strenuous assurances recently
from the same quarters that no combine
was contemplated or even possible, natur-
ally is skeptleal. Anyway America has
obtained control Of the trans atlantic ship
ping and that has deeply wounded British
self esteem. The only consolation furn-
ished by the Times, which suggests that
Cautious people are inclined to be uneasy
when they contemplate the huge proper
tioDs OF fabrics created not out Of nothing.
but out OF materials whose collective
financial bulk before they were combined
became appreciably greater by the mere
process OF combination"
In parliamentary circles the government
is severely censured because, unlike the
German government, It permitted combine
involving all OF Its most valuable auxil-
iary cruisers to be organized without in
forming itself as to its bearing on the
national defense.
The ministerial statement that in case
Of war between the United States and
tGreat Britain the combination would col
lapse automatically means nothing, because
in such emergency all ships under the
British flag in American ports would be
seized Immediately. as would all American
ships in British ports.
Liverpool Badly frightened.
Liverpool 10 a prey to terror at tho
threatened possibility that its ocean trade
may be transferred to Southampton. The
Courier of that city conveys the depth Of
feeling by exclaiming:
Never in all its history did this old
country stand more greatly In need OF
seer In, wisdom and Napoleon in action"
j. Pierpont Morgan is said to have been
seen in a Paris depot despite the report
that he had left and is quoted as saying
to the Daily Telegraph correspondent
bluntly:
'I am not going to tell you what have
Times correspondent says the Campagnie
Generate Trsnsatiantique (French line) de-
nies unqualihedly that Mr.. Morgan or any
one in behalf of the combine has ap-
preached IL. Rut deniais are a part Of the
game. The Cunsrd company also denied
that It will Join and reckons that its being
the only frst class British line outside the
combination will secure for It increased
custom from patriotic Britishers.
starts Paris 90 Talking.
PARIS, April 27.--J. Pierpont MorEan's
mysterious fylns trip here remains a mat
ter of eager speculation for the public and
press. He remained only two days. re-
turning to London Wednesday.
None of his usual associates knew he
was coming or were allowed to see him,
except Mr.. Harjes. his partner in Paris.
At FIRST everybody thought Morgan's pur-
pose was to get the French Transatlantic
line into the shipping combine, but as he
we'll knew the government would never
allow such a combination. 1t Is now ex-
planned that he came In order to get
American securities listed on the Paris
bourse. II proper legislation could be OBJ
tanned relieving foreign securities from the
prohibltive taxation now imposed, New
York hnanciers could use the Paris mar
ket to excellent advantage. But Mr.. Nor
gan is not likely to try lobbying OF such
magnitude as would be necessary to over
ride public sentiment in this matter amid
the present electioneering turmoil.
The truth Is that all information about
Morgan's maneuvering while here must
be discredited, for never was q secret SO
closely guarded. Nevertheless, It Is not
unlikely that he met Premier Waldeck-
Rousseau on Tuesday at a strictly private
luncheon, purposely arranged by Ambas-
sador Porter. Everyone IN France, the
premier included. is curiously desirous 20
know everything possible about the famous
Yankee conqueror.