Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-10-29
Will Cover Offices Of
morse's Steamer Lines.
Building Is Leased for Their
Headquarters In Boston.
Nj. Morse Now Seeks 10 Acquire Several
More Lines Of Steamships.

Boston. Oct. 2S.-Boston soon is 10
the Office of the greatest single-headed
transportation system in the world
the Morse holdings, consisting at pres
ent OF the Eastern, Clyde, Metropolitan
Hudson River and Mallory Lines. Call
win Austin Of this city, president of the
first four systems. yesterday leased the
great building on Washington street.
near Milk, just vacated by the Ward
well Co., and it will be put in condition
at once. 1t will be the general Eastern
ticket and information office for all
five companies, and as rumor has it
that other lines Grc apt to be acquired
by Mr.. Morse, it is likely that all
Atlantic coastwise steam transporta-
ton lines will he in the Office.
Mr.. Austin will retain his own private
office at the Eastern Steamship Co.'S.
headquarters however
The detail of personnel at the new
office has not been determined.
This formal bringing together Of the
Morse interests marks an epoch in
American transportation circles. Mr..
Morse. who has just turned 50. and who
already is the controlling force of a
string of New York National banks AMI
Il uot companies, Will TcSOuTCeS Oh
$500 900 900. aspires to absolutely direct
all the steam navigation on the United
States Atlantic seaboard He has an
almost unbrOken line from New Bruns-
wick. Canada, to the Mexican line.
clinched by the purpose Of the NAL
DRY Line.
In the acquisition of this company
Charles w Morse has obtained control
of probably the greatest raw cotton car
rier in the world. The principal vessels
of the fleet are the Denver, the Alama.
the Colorado the Comal. the Concho, the
Tampa sas. the Nueccs. the Sabine, the
the San Marco, ranging between 1000
and 5000 tons. while it is assorted on
good authority that several other and
even larger vessels will be added to the
fleet as soon as it is possible.
This makes it probable that spirited
rate war will be inaugurated between
the Morse companies and the Southern
Pacific Steamship 90, known otherwise
as the Morgan Line, ocean transpor-
tation between New York, New Orleans
and Galveston is controlled by these
lines. The New York & Texas Steam
ship Co. which is the official title of
the Mallory Line, will be operated I'M
der its old name, and it is further stat
ed that MesSrs Robert and Henry NAL
lory, at present directors in the com
pany. will be retained as directors in
the new board.
The Old Dominion Steamship Co. is
now the only line of Importance on the
coast not controlled by Mr.. Morse
The vice-president. Mr.. Walker. said to-
day that it was extremely doubtful if
the purchase of his company would be
for a moment considered. He had heard
nothing about it. and had nothing to say
further than such a proposition was
wholly improbable.
He is also said to be after the Panama
Steamship Co, owned by the United
States government. and bought from the
up to date, represent in stock and bond
issues something over s35.0oO0OO. and he
has behind him over 100000 of cap
ital to assist him in his enterprises OF OBJ
tanning control Of other lines.
1t is current report in New York fin9n-
cial circles that he is also after the
Unitde Fruit Co, the New York and
Cuba Steamship Mail Co. the Old Do
min.on Steamship Co and the Porto Rico |
Navigation Co. |
With the purchase of the Mallory Line !
Of steamships, Morse now controls u /,
steamship lines. and has practically u !
monopolistic control of the Atlantic |
coast steamship trade. freight and pas
senger, of North and South America
The Clyde Steamship Co. the Metropol- !
itan Steamship Co. the Eastern Steam |
ship Co., the Hudson Navigation Co., and
the Mallory Line are some of his proper
ties and in the Eastern Steamship Co. he /
has consolidated the Portland Steamship |
Co, the Boston & Bangor Steamship Co.
the Kennebec Steamship Co. and the In
ternational Steamship Co.