New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-02
Heileken' Visit
REEVES Talk of
New Ship Pool
-Amalsamaiion of Hamburg
American. North German
Lloyd and United Ameri-
can Lines Is Talked OF
Teuton Plans Discussed
Germany Suffers Less Than
Other Nations in Marine
Crisis. Says Herr Philip

TIE renascence o. the German mer-
chant marine IS dealt with by Philip
Eeineken. Chairman OF the board OF
directors Of the North German Lloyd
steamship Company, in an article in
the ye@r book OF the company recently
issued Considerable significance is
attached I the local shipping world
"a the visi. OF Mr.. Heineken, who ar
,ivec here several days ago, in view
Of the relations OF his company with
ne defunc- United States Mail Steam
snip Company, from which the Ship
ping Board took back the big trans
Atlantic liner. alloca.ed TO it and
which are now being operated for the
government by the United States Line,
temporarily formed for the purpose.
One OF the most important reports
arising from Heineken's visit is tina:
an amalgamation may result Of the
North German Lloyd. the United
American Lines (the Hartman organi-
1ation) and the Ham burgAmerican
Line, which already has an agreement
with the Hartman interests. Such 8
combination, II is pointed out, would
be likely TO grow out OF the situation
# the United American Lines should
bid successfully for the ships which
the Shipping Board will place on the
market.
Germany Gaining Ground
IN his article in the North German
Lloyd year book, Mr.. Heineken ex-
presses satisfaction at the fac. that
Germany has resumed at least share
o. the worlds ocean traffic, and that
this share is increasing almost daily
After pointing out the difficulties
which at present stand in the way OF
reconstruction on any vast scale OF
Germany's national maritime industry.
Eeineken continues:
The generally prevailing shipping
crisis naturally affects the newly sris-
ing German maritime industry, though
in minor degree 70 foreign shipping.
Owing 10 the pressing requirements Of
the shipping business. foreign owners
were frequently induced to embark on
purchases and recons-ructions at the
high prices current at the time.
Moreover. they allowed themselves
TO be led, regardless OF the lessons Of
experience. to senseless increase in
working costs, and especially to an
German shipping has been, quite
against its VIII, saved from these
temptations. The sharp decline in
freight rates is less felt by the Gsr-
man shipowaers owing to the state Of
exchange Nevertheless, even in their
case. freight rates have almost reached
the profitable minimum.
Policy of Powers Blamed
an any event, however, for Ger
many. lha freight crisis is but an an
oi'lary result OF the economic terrors
which others mad prepared against her
and which have now 1ecoiled upon the
entire world economy. AS such il is
regarded by the German shipping
world, while for foreign shipowners II
has n most cases meant the entire loss
u theiI profits. Moreover. it tends to
reduce the threatening superiority o.
foreign over German shipping in the
coming competition 20 more modest
position.
1t would be idle 70 prophesy about
the future outlook OF German maritime
trade. One thing may be taken as cer-
rain-Gernan shippers desire the re-
construction CT ocean shipping. and
have already begun that work, conf
cent as they are OF the value OF their
rich experience and their proved
strength