Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-12-05


Ship Trust
Sir Phillips starts modesty with $1135OOOOO capital for
feet of 416 ships
Mr. Morgan boss of the Ship Trust America knows
more than poor Sir Owen about finance.
Mr. Morgan has $1200000O0 capital and only 1876 ships
100000 capital and about three hundred ships
than the Engishman.
Now shall have for little while competition between
the
Cunard other great will in the new English
trust and Mr. Morgn trust will continue the fight with the
panes that he
Perhaps you prices reduced almost the
prices that prevailed before any trusts existed
Each of the big combinations will try the business
will prices freight express both perhaps
passengers.
The public will happy and say "what fine thing big
organizations WITH COMPETITION are" Then will the
usual end.
Mr. Morgan will say Sir latter begins to get
tired of competition What is the throwing your money
away You simply making things cheap for the public and
s a bad thing the owners
Sir Owen will hem say much his lines are
worth and how much they will earn, how
ought get for them
Mr. Morgan with generous of hand will say Your
price too reasonable, and your estimate is take all
you've got take particular you your friends and
will give you 500 100000 more than you ask
Sir Owen, simple Englshman will say: "Dear me- dear me-
how you do that How you expect proft2"
Mr. Morgan will explain very simply by saying: eff one
hundred passengers at let 500 each pay profit then
hundred at $40 each will pay So profit
And when the Trusts become Trust we make
will be sold for $0and the profit which is
$1,000 will suddenly become $4,000"
And Sir Owen will understand be accom-
pshed and the big Ship Trusts will one you
sionay clouds melt together Skies making one big
cloud.
After that the people will pay more.
Nothing will be DONE about this when happens because it
is not the custom DO anything about combinations sort
There will be TALK about of after the organi
cation has been completed properties are firmly in the
of one there be dissolution which the
prices will probably be higher to make for
ing be gained
if the government of the United States which
spends hundreds millions each for navy should
MAKE THE NAVY PROFTTABLE2
Rockefeller and Morgan both of making
money by this time Taking tens of millions from
people must be rather SLOW dull game-abou exciting as TAX
ing stick of candy from sick baby.
Those two able with power ginaton would prob
five navies in the world AND THE SAME TINE PITT 1T ON
PAYING BASIS They would do it.
running Europe manned by American sailors thoroughly
well paid working eight hours day for fair wages sea-
and getting extra for few hours drill weeks all that
any fighting sailor needs, and more.
Suppose great governmenowned ships left their guns
uf aror on shore In time of peacewhch they might
easily do
suppose at high speed crossing from America to Froo
they carried freight and passengers reasonable rates. paying the
government two or three the nvesmenh price
which the government borrow moneyand saving govern
ment the present terrific loss on the navy.
Instead OF the government having twenty fifty big
ships could have thousand practically good their guns
and their movable armor taken aboard
These great ships could carry all the passengers all the
ieght reduce the of tonnage help and
merce, AND MAKE THIS NATION ABSOLUTELY SAFE
AGAINST WAR
Such navy with great fleets Pacific and on the Allan
TIC covering the waters Of the earth all directions ready
moments notice to be changed fighting vessels owned by the
government manned by and sailors honestly
and efficiently the work Panama would make this
country absolutely free from the warand
the same time enable to have five fifty great
est in the wordwhou spending dollar in the wav of
dead loss but on the contrary making money. -
What pity such Mr. Rockefeller or Mr. Morgan
could not this picture distinctly Having the money they
need and having all the political influence necessary thew might
make am experiment that would show advantage
TO tins nation place of repeating the wenown games
Tor adding few millions the millions already too many
Our army and would PAY The army building roads and
canals draining rgatng dry land navy carving
passengers and freight