Of the great Atlantic companies, only the Cunard line remained
independent. Parliamentary and ministerial assurances of governmental
attention only emphasized the strength of the association.
Copyright, 1901. by Pach Bros., N. Y:
J. Pierpont Morgan.
One effect of this organization at home was to place the Ship Subsidy
Bill, which passed the Senate in 1901, for the time, at least, on the
table. The sentiment of the country, especially of the Middle West,
would not permit the payment of public money to a concern commercially