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


Europe and America and compete with p Morgan American
Ship Trust
Sir Phillips starts modcsty $1l35OOoOo of capital for
feet o 4l6 ships.
Mr. Morgan Ship America
more than poor Sir Owen about finance.
Morgan $2OOOO0OO capital and only 1875 ships
$7OO0OOO capital about three hundred fewer ships
than the Engishman
Now shall little while competition between
the two trusts
The and great lines will be in English
trust Morgan will the fight with the
panies that he controls
Perhaps for while you will prices reduced almost the
prices that prevailed before any existed.
Each of the big combinations will try get the business
will prices freight express matter and both perhaps
passengers.
The public will be happy, and say fine thing big
organizations WITH COMPETITION are Then will the
usual end
Mr. Morgan will say Sir when the latter begins get
of competition throwing your money
away? You simply making things cheap for the public and
is a bad thing for the owners"
Sir Owen will hem and haw and say how his lines are
worth and how much they will and how
ought to get for them.
Mr. Morgan with generous hand will say Your
price reasonable and your estimate low I'll
you've got take particular you your friends and
win give you 500 900 900 more than you ask"
Sir Owen, simple Engishman, will say Dear me- me-
how you do that? How you expect prof?
Mr. Morgan will explain very simply by saying: If
hundred passengers say 500 pay profit then
hundred passengers $40 each will pay So profit
the become
this very wise and beautiful deal that which sold for 800
will be sold for $110-and profit which
$1,000 will suddenly become $4,000"
And Sir Owen will understand, and the accom-
pshed and the two big Ship Trusts will melt you
sonay two clouds melt together the skies making big
cloud
After that the people will pay more
Nothing will be DONE about this happens because it
not the custom to DO anything about combinations
There will be TALK about it. of And organ
cation has been completed and the properties firmly the
OF one management there be dissolution after which
prices will probably be higher to make for the
management and the property will be just valuable moth
ing be gained.
How would be if the government United States which
spends hundreds OF millions each for should decide
under the direction Of wise like Morgan Rockefeller
MAKE THE NAVY PROFITABLE2
Rockefeller and Morgan both be rather making
people be rather game-about as exciting as TAX
ing stick of candy from sick baby
Those two able with power and ginaon prob
ably gladly undertake make the American bigger than
five naves in the world AND AT THE SAME TINE PUT IT ON
PA1ING BASIS, They would do it
Suppose had our lines, by United States navy
running Europe manned by American sailors thoroughly trained
well paid working eight hours day for fair
and getting extra for few hours drill each WEEKS all
any fighting sailor needs, and
Suppose these great ships left guns
easily do.
And suppose at high speed crossing from America to Europe
they carried freight and passengers at reasonable rates paying the
government two three the nvesmenhe price
which the saving the govern
ment the present terrific loss the navy
Instead of the government having twenty fifty big battle
ships could have thousand practically good their guns
and their movable taken aboard.
These great ships could all the passengers all
eht reduce the cost of help industry
nerce AND MAKE THIS NATION ABSOLUTELY SAFE
AGAINST WAR
Such with great fleets the Pacific and Allan
TIC covering the waters of the earth in all directions ready
moment notice to be changed fighting vessels by
government manned by officers sailors honestly
and efficiently the work Panama this
country absolutely free from the suggestion warand
the same time enable to have five, fifty great
navy in the word-whou spending dollar in the wav of
dead loss, but on the contrary, making money.
What pity such Mr.. Rockefeller or Mr. Morgan
could not tins picture distinctly Having all money they
need and having all the political influence necessary might
make experiment that would show profit advantage
to tins nation in place of repeating the wenown games
Tor adding few millions to the millions that already many
of army and navy would PAY. The building
canals draining SWamp rgaung dry land The carving