The times. [volume] (Richmond, Va.) 1890-1903, 1902-08-31
There is Much Speculation on
- Morgan's Plans.
ENGLAND GREATLY AROUSED
The Formation aft Fast Canadian Line
Almost Certainty Retaliatory
Duties by No Means
improbable.
Thy Associated Press.l

LONDON. Aug. 3o.-Thc approaching
expiration of the time limit for the COM
pietion of the American shipping COM
biRe. is arousing tho British press to all
sorts OF speculation regarding j. z. Nor
gan's ultimate plans as Well as the gov
ernnent's scheme fer dealing with the
combination. The promised statement OF /.
the Premier. A. j. Balfour. on the rsas-
seInbling of Parliament. IS awaited with
intense interest. The statement has all
ready been printed that the governments.
plans are complete and the authorities ara
already to make an effective countert
movement against the American syndi<d
cate.
DISTRIBUTE SUPPORT.
Inquiries made by the Associated Press
in the best informed quarters indicata
that this informationsfis not true. The
government, however. has to deal with
so many conflicting interests that it has
not yet been able to definitely decids
on d plan of action. In spite of the
opposition 20 general subsidy scheme.
Weii-nformed persons consider this the
most likely solution on the lines of most
generous distribution of government. sup
pert. not on behalf of one but of several
companies The form which such assist
ssice shall take is still being under dis
cussion. there be..s considerable opposi.
ton TO straight subsidies.
CANADIAN SERVICE.
There is no doubt tina. Mr. Raifoura
announcement will include scnee,e for
direct fast Canadian service. IN whien
the Canadian Pacific Railway will prob
anly participate, but not, as originally
planned, as sole promoter and beueti-
ciary. The indications point more ard
more to the drawing together of tha
Atlantic lines. outside of the Morgan
combine One OF the alliances wn'ch
may be earliest effected. is a comhi-s
nation of the Allan Line and Elder.
Dempster and Company. The heads OF
the English lines are cnary in express.
ing themselves on the Atlantic outlook.
Time Is rather intensirying than allayIns
their jealousy OF the Americans bid for
the Atlantic trade. and the government
has been so thoroughly stirred up that
1t will not leave a stone unturneG to al.
lay the existing commercial and colonial
discomfort. In this regard it may be re-
membered that the tariff discussions at
the recently Coleman Conference were
very intimately connected with the ship-
ping situation.
Discomfort ACUTE.
A leading ship owner and active friend
of the Colonial Secretary Joseph Chanl-
berIain. said to Il representative of tina
Associated Press: America must not
think that Imperial Government is going
to leave the colonies at the mercy OF the
shipping or any other trust. The diseon-
tent is acute enough now II. many quar-
ters of the Empire. While Great Britain
does not want commercial war with
the United States. she will not stand in~
definitely being shut out by the American
tariff while keeping open house for
American traders in the United King
dom. The question OF retiliatory duties
is not SO improbable as many people
imagine There is no reason why this
British colonial market should not be-
opened to British goods on a preferential
basis We have been asleep for a long
time, but when we wake up America had
better look out
Sir Christopher F'urness, who has been
referred TO as the possible head of the
English syndicate. which is likely to
purchase the Cunard fleet as the neucleus
for British shipping combine. limited at
similar possibilities yesterday IN his
speech before the steamship meeting at
Manchester. hut as he was addressing
a public meeting he was not so out.
spoken as the leading ship owner quote6
above.