Trade and Trusts.
THE GREAT SHIPPING COM* BINE. A British syndicate is being formed to organise a co-oparation of companies outside the Navigation Trust or to build steamers to replace those which have been sold. The “ Standard’s ” New York correspondent denies that Mr Morgan has purchased the White Star’s Australian steamers. It is reported that the trust will compete in the Pacific. OBJECTS OP THE 3EEF TRUST. Mr Shaffer, president of the Retail Butchers’ Association, declares that the American Beef Trust is manoeuvring for the control of the Smithfield market. RESISTING THE YANKEES. German cast-iron works are arranging a gigantic combination to resist American invasion. OPERATIONS OF TOBACCO COMPANIES, The British Imperial Tobacco Company threatens to open factories in America in opposition to the American Tobacco Trusty which, through Ogden & Co., Ltd., is endeavouring to capture the British tobacco trade.
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Manawatu Herald, 8 May 1902, Page 2
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140Trade and Trusts. Manawatu Herald, 8 May 1902, Page 2
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