Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-05-04
And His Rapidly Growing
Steamship Lines.
Already Has Il and Is After
Panama R, r. Steamship Co.
Short Sketch Of Wonderful! Career Of
The Former Ice King.

!
| tim" ice King" has almost secured
a mnnopoIistic control Of the Atlantic
,,..,.. ..,,...,.,..,,;, ,.,,o
| i-'''-
! 9'hf'l' "i -N"I'h ana 7"uih America.
according TO New York adyi'"$ 10 the
following effect:
NJ ,,,...,. ta,,
| 80 ~ '''i' p'"Thl ~"
controlling interest in IL coastwis''
! Hi"S' Nllrh ne mas consolidated into
| TOUR mani systems liz is n"N i'G"ti-
atin& Ter several Other lines. iIrluiiu&
| .iir Panama Railroad Steamship Line.
| ms actual pur'ii;t." 81 steamship
ana Ii :" "'''', i'rr'''n' IN STOCK
hehr,d Ill, n,.... ea"nnnnnnn ..;,'.i
| 49, .,,...i.., It... 80
| 49, ~ '''''i''i'@ '"''''"i vi Wy
'',''' i'''' - "h"l r. IS i'@"ii'tlilS-
| >, ~" ~ 80" S'i'''
| MAN,. IRWIN, ,''i
| H"'' I'M "'''
'''"'' w ''''' ~ ''i 80
| .l'i'H i'I '''l"H p'tNt'h itt' PORTS 81
North ANA south America on the At
| lanti" coast. and that ilr viii then
realize his ambition to consolidate. al
| Tie AtlnnIic coast lines into on. great
ID
The companies which Mr.. Morse Al
ready controls through his recent ne
! E"tatlpli% ar" the tINl" Steamship
zoo. th'' Metropolitan Steamship 60.
\ AMI tn Eastern Steamship So. II"
i'':% ais" been IN control for som" time
I 81 inc tNlS"n Navigation go, which
F! IS 4 EtrS" feeder ii Atlantic coast
mos
~ We Eastern steamship ~ Mr.
'',''''i'.,'' '' ''''' VI i''il''
.,t.,,',i';i '''''' '''i i''''s''i
!,
.t';,
-" i'Ii' "ot" lI1tll'aHE an ""
freight, passenger ana maritime bust
MESS between st. Johns and Boston
At Kost"n The coa@t"i3r business is
taken over by the metropolitan Steam
ship co. to Richmond.
ErHinuing 1T New York ana oprrat-
ing uInilj; tin. whole Atlantic coast be
tween BOSTON ana Wilmington y a.
Norfolk. va, 'i""rs"tr~m, n 81.
tiafl"3to'b = - l'r"Aa"rk 60
~, '', a. tiPi 'N''l'" ~"
ii''' 800 = ''',, nti''iil','" y lit
- ''"C' N''i"'N '' 49, .o''''' I'm"
hll' ~ Wv" edtli"i "f,-~n'''7-
heSii"S u" fahama railroad steam
Hhip '"'T' MI -foiA' II "iP''I7t""l III
wan street I" ht' negotiating for IN"
pur'hd@'- OF '"i'f"l o! iiI''&t CON-
panIr%: IN" nlttd frlt 60. the
New PIX ana cuba Steamship Man
co, the cid h"hiion "nd III" Fort"
Rlco Navigation 90. lnH"'i, th"r" IS
authority for tn" settlement that Mr..
Mur$. IS already financially interest
ed in four Of these concerns, ami that
he is NOW practically nssur,.d Of gam
iug control Of All ~ them. If ~ does
h.. will b.cutn. tl. iudiSput,4i mon
arch of the Atlantic coast trade
A. soon as Mr. Morse. realizes: his;
ambition, ii is his pllu. ;irCurtil!. to
excellent authority. Ia consolidate. an
the lines into oi,. great sv,triu
Secretary Of State I|lihu Root i; a
atucklnld.r in Nj. Mur-"'a National
Bank Of North America, ara /, wa,1n
personal friend Of the new Steamship
; King" II is whispered IN financial cir
'It@ lh''' 'i'"uAH 'n' s""' "'''' ~ vi
Nj. Root ana 81 Nilllam nelson 'r"ih-
well, Whn translates 4 great d"hl "l Mr.
Mnr;c's business for hiin, Mr.. Morse
expects !" b'c"ilt " i'uI' h's'r - 'h'
Panama Steamship CO.. Which is now
controlled by the United States govern
mt.
In the Office of III" Panama Inc, the
report that the concern h I" b" dis
posed "f does not receive any great
cred"nrc. but in inside canal ahlllhiS-
tratinn circles il is known that hlSt
tinted States officials are not only
weary of running tn" steamship Line
but are not anxious to ""ntinu" gov
eminent ownership.
Tie Panama Steamship and Railway
Co. vas acquired as one III ,''r 'SS'''',
4 Of The Panama concession, bought 81
the French CO. for so "o"o"'- Although
III" steamship ana railway "hlit '"S
1 sl5.OGo.o0O to build, il WAS scheduled t
l the government at $'."o'.ooo. The an
| gument which is being used by thoS'
/ roprcsentng Mr., Morse in his n"s"t ia
i tiations is that if the ice KING b"\S th'
| line. lis efficiency would Ice lnrr"ase'
l bv reason Of the greater ia'lIltl'S l"
shipment which he controls.