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...smaller, older White Star ships in case the Australian labor leaders are very, very good. Should "trouble" actually arise, His Lordship has but to transfer his seven bought-at-a-bargain ships to service with one of the chief companies which he directs, namely the Royal Mail Steam Packet Co., the White Star Line, the Union Castle Line, the Oceania Steam Navigation Co. and Harland & Wolff...

Author: /time Magazine | Title: AUSTRALIA: Seven Ships | 5/7/1928 | See Source »

When there were packets on the Atlantic the sailors in them were called rats. Packet rats talked in a peculiar idiom. To them the ocean was a slope, as it was to Virgil's sailors. From west to east they called "downhill," from east to west "uphill." Last week a 20-foot whaleback lifeboat with four Dutchmen in it sailed out of the Thames into the Channel. One of the Dutchmen is 70 years old. He, Jacob Schuttvaer, designer of the lifeboat, wants to prove it is unsinkable. His boat has neither wireless nor auxiliary motor. With...

Author: /time Magazine | Title: The Press: Ocean Uphill | 4/2/1928 | See Source »

Prior to this so Jewish deathbed scene the five sons were already dispersed about Europe, leading the various branches of the House. "My father," wrote Nathan Rothschild, "once sent to me in England £600,000 in a single packet by post ($2,916,000)." So long as their mother Frau Gudula Rothschild lived, the five sons came from the ends of Europe to discuss with her and with one another every large transaction. They met in the very house with the rothes schild?but, shrewd, they had it painted green to stop the puns of passersby...

Author: /time Magazine | Title: Jews | 2/28/1927 | See Source »

...International Mercantile Marine Co. (J. P. Morgan & Co.) sold the White Star Line, the only profitable part of its fleets, last week to the Royal Mail Steam Packet Co. for $34,000,000. The late J. P. Morgan could find no Judge Gary for the shipping trust he planned in 1902, although he did get the ablest shipping executive on the Atlantic seaboard, Philip Albright Small Franklin, for president. Mr. Franklin has had many things to fight-foreign competition, inertia of U. S. shippers, a heavy $36,000,000 bonded indebtedness, most of all legislative handicaps. No other government regulates...

Author: /time Magazine | Title: Business: White Star | 12/6/1926 | See Source »

...bigheaded, slim girl of 20, Queen Victoria of England, signed a charter authorizing the Royal Mail Steam Packet Co. to operate its 14 paddle-wheel steamers between England and the West Indies. That shipping business prospered although sometimes the new-fangled engines broke down and the captains had to hoist sails. When modern screw propellers were invented, the Royal Mail was the first to adopt the device. When there happened to be bargains in ships. Royal Mail bought them. Now its fleets, including the 500,000 tons of the White Star Line, count 2,500,000 gross tonnage, the largest...

Author: /time Magazine | Title: Business: White Star | 12/6/1926 | See Source »

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