New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-06
BY CANAL TO FRISCO
WITH Is STEAMERS
Veteran Deep Sea Men Organize
to Compete with Railroads
by Way of Panama.
CLAIM TAFT'S APPROVAL
Newly Formed Company Will Bid
for Mail Contracts-Promot-
ers Say They Will Save 40
Per Cent for Shippers.


Veteran deep sea transportation OIL
Gals Incorporated AT Trenton. y. j.. yes
terday the Atlantic and Pacific Trans
port Company 60 operate line Of
steamers through the Panama Canal
when completed. with capital authorized
Al Si5.O0O.Gp0. The company will hid
on the ocean mail services now being
advertised for by the Postmaster Gen
eral Bids will be closed on Novem-
her -.
The governments specification calls
FOR weekly service between New York
and Colon. New orleans and Colon. san
Francisco and Panama and fortnightly
between Seattle and Panama. 1t is
Planned 10 establish and maintain these
ocean routes and 10 extend the services
through the Panama Canal from coast
% coast
The incOrporators are 3. y. Baker. OF
Baltimore. formerly president of the At
lsntic Transport Company; James :.
whitley. Of Baltimore. formerly vice
president; G. g. Helm. Of Baltimore. for
merly treasurer: r. 3. Harrison OF Bal
timore. formerly secretary. all OF that
company. and Adrian h. Boole, IF
Washington. formerly Boston partner in
the American agency of the Wilson
steamship lines Of Hull. England
Alr. Baker was az the Waldorf for two
hours sterday afternoon. he went TO
Boston last night and will be in Seattle
ON the 10Th Mr. Baker said he was
under obligations through a letter he
had sent To President Taft 10 do all in
his power % establish an American
merchant marine that would be beyond
the control of the transcontinentaI rail-
road lines.
To Insure Competition.
Three years ago" said Nj Baker
the government saw that unless new
ships We're built America would open the
,ostncst canal in the world with practi-
caily mo- American ships 10 use IT, In
lguS Secretary of War Wright asked me
10 ascertain why the Panama route was
not being utilized. ! made personal
Pacific Coast. and the results were con
tanned in a statement which was trans
mitted on February 10. 1910 10 the Sen
ate Committee on InterOceanIc Canals.
at was shown that the transconti-
mental railroad pool had been paying
over S1.OO.OrV a year 20 the Panama
Railroad COMPANY 20 suppress water
competition by way of Panama. One Of
the WAYS the Panama Railway COMPANY
did this was not 10 build its line to deep
water"
An inklirg ~ the competition that will
exist between the steamship company
and the transrortinentaI railroad lines
is found in the sornpanv's charter. NO
person. says the charter. shall be elig-
inIe as director who shan be director
-' OF an oi'''e' OF agent 'i any So' po'''-
"'n '' 'Sso''''''I' e''-dSeu III any 'o'ii-
p'''''e "a'l9'''' -''''''' '''S' ness 10y a'''
'i an importer 'l I'o"s UT ''I'i-iIlo's.
on MS own account
Dei're 'aAlhS once ea'" director nlu
subscribe 70 an oath mat ne is So quail
'heu anu WI" continue 10 ''' o.'''ll5 'he
term TOT winch Ie - ''-'u'
'''e'e'' ''''''' W '.'e 'o' ration
~. ~" tai - sun Ni'o'ue'S u - pro-
'iH-o lhal one '''' sid" oe alIo"eo tor
's'n snare ot STOCK up TO I'VE thouSana
Si8''S' one '"l' TOT ear" d'uillondl TWO
Shaf's up 10 zen 'no"sanu Shares ana
one vote for ea'h Ten aooliiohai snares
''''' Ten '"''ss"".
Inc power ol any S'osN'olue' or a.
rector 10 vote Oh any question SnSi'
cease say ; '''e 'n'''e'' upon n'''7
'''" ''7 VI '''e
n''e' states ''''' '''''' 81 S''' "''o''''' .'
UT ran
Plenty Of Room for Al.
But there is ample business for all"
said Mr.. Baker. YESTERDAY. when asked
how the railroads would view the situa-
tioD 1.-The animal traffic from coast 10
coast was estimated bv the carriers 10
be 5000 ONO tons two years ago and. in
,roasing 20 the rate OF 10 per cent each
year viii mean 100 600 tons when the
Panama Canal Is opened IN 1913 II is
in order that the trade advantages Of the
canal may be developed 10 the greatest
bereft and profit of the people Of the
United States" continued Nj Baker.
the Pnstrnastc~ Generals instructions
At95-re ,1,,1.,o .b.+ tbe CONTRACT ,,-irf