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Word: shippingmen (lookup in dictionary) (lookup stats)
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...contemplated joining all foreign lines into one. great service. Although he failed to do this, he purchased the famed British White Star Line for his new International Mercantile Marine Co. In Britain, public opinion flared up against this attempt to wrest away supremacy of the seas. But big shippingmen took the deal calmly. "The vendors," wrote a London authority, "made an exceptionally good bargain, which it is probable the purchasers will soon find...

Author: /time Magazine | Title: Business: Roosevelt Flag Forward | 1/19/1931 | See Source »

...Kermit Roosevelt had formed the Roosevelt Lines to operate a service to India for the U. S. Shipping Board. Jute was its principal baggage. In 1926 he took into the company two widely-known young shippingmen: John M. Franklin whose father, Philip Albright Small Franklin, heads I. M. M., and Basil Harris. He promised vigorous expansion of the U. S.-owned Roosevelt Lines. Last year this expansion became marked. Shippingman Roosevelt was able to announce that William Vincent Astor had acquired a substantial interest in the company, that an affiliate, Baltimore Mail Steamship Co.. was being formed to operate...

Author: /time Magazine | Title: Business: Roosevelt Flag Forward | 1/19/1931 | See Source »

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