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Atlantic Steamship Trust Monopoly

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Pacific Press Publishing Company · Oakland, California · May 14, 1902

FromSigns of the Times, Vol. 28, No. 20.

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Atlantic Steamship Trust Monopoly

THE Atlantic steamship trust has effected an understanding with the big German steamship companies for the purpose of eliminating competition in the Atlantic passenger and freight business, and also for the purpose of driving out of the business smaller and less influential companies. The German companies and the steamship trust will then eventually unite under one management, in effect if not in outward form, and monopolize the carrying business of the Atlantic.