Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-02-02
MERCHANT MARINE
or WORLD BEING
CORNERED
Shipper Not Yet Fifty Years
Old Controls 800 Vessels
and Now is After Orient
Line.

London. Feb 2.-All the British
business world IS talking of the amaz-
ing enterprise of Sir owen Philips.
famillarly styled the colossus OF ship.
ping. SIN on the right side OF so,
his exploits as business builder have
placed him in the very front line Of
the magnates OF commerce.
An this has been achieved IN seven
strenuous years SIR owen Philips
first opgan to make good when he took
charge Of the affairs OF the Royal
Mail steam Packet company. which
ne rcorgnnlzod ana raised 90 q post
ton of financial security. This done,
he cooperated with Lord pirrie IN the
formation of the large Shipping trade
managed hy the late Sir Alfred Jones,
and amaleamatcd tine two interests
into one concern with a capital OF
gI0,000,0O0.
Realizing the importance az the fu-
ture opportunities ln the FAR east that
will follow the opening OF tho Pan
anna canal. he secured control Of the
Pacific steam Navigation company,
and M one bound became maEnate
~ ANlt fNNNhM ahNAfA fAfANh fftAtNiAfNH
trade. Ry the subsequent purchase
OF the Forwood line he secured
considerable share of the Medtorran-
can and North African trade. and he
has now entered the South African
Hold by the absorption ~ the Union
Castle line Is this iual deal Sir
owen Phillips Spcouns bosa ~ tho
greatest mercantile fleet any one man
ships, with tonnage 81 1.27G,000.
Merchants are now asking one an-
other II the Philips combine Ia out
after corner In shipping, ana per-
| Eistent rumor has already marked
out the Orient line as the next prize.
Before Sir owen Philips hustled
| 20 such startling effect m British
skipping circles he sampled lie az
a politician. and entered parliament
In 1906 as Il liberal member for a
/ welsh constituency. He ava not oner
| himself for reelection al the last gem
oral election and thus cut short "A
promising political career.
ia spite. however, OF his ABSORPTION
I IN his shlppinR combine, Sir owen Is
not man 81 one idea Hc is one or
/ the active presidents OF the London
] ana r0uiNfthttlh iAillNAu uNA va vs."
! ST. Thomas Dock Engineering COM
pany, yice-chRlrman Of the port or
London, Authority and chairman OF
! the West African section Of the Lon
| aon chamoor OF commerce. And as
| he n also actively Interested in ware
! foua phianthropic institutions. one
/ wonders what leisure h. has ri hiS
disposal 20 use any Of his four Lon
/ don clubs or 10 visit Awroth castle,
Hs nuc.u rr a.rt BOO t"nt-
7 brokeshire.
lie is ono OF three brothers. all
| wea over six feet IN height and all
aeif-mndc miIiionalres. These sons OF
q welsh parson lost their father early,
and their mother. sister ~ the hfth
Baron wynford. devoted herself TO
securing the bost education for her
boys. for she had no fortune 90 give
them she has succeeded beyond her
hopes. Besides the colossus OF ships
ping. there ls Lord "a. Daylds. name
Ia eoniure with IN big financial UNDER
onel Ivor Philips, NJ. r., for south"
/ ampton. whose political and military
record has been Ia keeping with tho
| family prowess ln other fields