Word: hapag
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Dates: during 1930-1939
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Even with passports in hand both foreigners and U. S. travelers had only Hobson's choice of liners, no certain sailing dates. Stalled were Poland's Gdynia-America Line, Hapag-Lloyd. Britain and France maintained no dependable schedule. Passengers were warmly urged to try neutral lines. If they were insistent on a French or British ship, booking clerks politely jotted down preferential boats and sailings, but few hours before departure many a sailing might be suspended for from two weeks to kingdom-come. Italian liners, after hugging home ports since the outbreak of war, took...
...Manhattan's Chase National. The only way the U. S. banks can move these "blocked marks" is to sell them at a discount in dollars (usually 15%) to tourists or merchants who need marks to spend in Germany, Last spring the North German Lloyd and Hamburg-American ("Hapag") Lines began to accept blocked marks in payment for passage. Passengers who paid in blocked marks were pleased by what was to them a 15% rate cut on their tickets. The U. S. banks took the loss. The German lines received their full passage price in marks. In due course competing...
Before he became "Tsar" Mr. Lederer, now a naturalized U. S. citizen, was the U. S. resident director for Hamburg-American. Months ago he ordered his old business friends of Hapag and former business rivals of North German Lloyd to stop accepting blocked marks. For a while they disobeyed him, later obeyed. Last week Tsar Lederer, after delving through the two lines' books, decided that during their period of disobedience they lured away 4,000 passengers from the other conference lines. He ordered Hapag to pay $69,000 in restitution, North German Lloyd to pay $113,000-this money...
...Hapag" offices at No. 39 Broadway Mr. Lederer has a street-level office, walls hung with pictures of famous liners which have flown the blue, white and yellow "Hapag" flag. He speaks with an accent which becomes marked when he gets excited. This is apt to be frequent and employes dread "E. L.'s" wrath although they know it is always justified. Legend is the story that one day he overheard a prominent Manhattan lady arguing about rates. After listening awhile he rushed up and bellowed: "Veil, do you want to buy the ship?" Startled, she mended her behavior...