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...refer to K. D. Dawson as "Seattle's potent shipmaster." This is incorrect, for from the States Floor of the Porter Building, Portland, he runs the States Steamship Co. (Trans-Pacific), Pacific & Atlantic Steamship Corp. (Intercoastal) and also the Pacific European Line (Pacific...

Author: /time Magazine | Title: Letters, Sep. 14, 1931 | 9/14/1931 | See Source »

...Joseph Edward Sheedy, smart vice president of U. S. Lines, the man who got Banker Chapman of Chicago into the shipping business, who has been running U. S. Lines for him for two years, and who now is on an indefinite leave of absence. But last week Steamship Row was inclined to bet on Shipper Franklin against all comers, especially if a means could be found to reconcile him and Banker Chapman by giving the latter a stock interest in a new company run by experienced...

Author: /time Magazine | Title: Business & Finance: Shipping Chapter | 9/7/1931 | See Source »

Divorced. Lady June Inverclyde, London music hall artist, from John Alan Burns, Lord Inverclyde (Cunard Steamship Co.); in Reno. Lady Inverclyde testified her husband insulted her friends, "was never entirely sober," said she would marry Lothar Mendes, cinema director. Lord Inverclyde remained in Scotland, shooting grouse...

Author: /time Magazine | Title: Milestones, Aug. 31, 1931 | 8/31/1931 | See Source »

Admitted by the Shipping Board is the fact that Banker Chapman paid too much for the Lines in 1929. This will weigh with them during their conferences this week in Washington. The Franklin offer makes no effort to correct this, could not be expected to, but Steamship Row was betting that when the decision came, U. S. Lines, Inc., bulwarked by Pacific Dollars, would continue to operate the ships. In other harbors the U. S. merchant marine progressed with less difficulty last week...

Author: /time Magazine | Title: Business: Sale or Salvage? | 8/24/1931 | See Source »

Meanwhile International Mercantile Marine, rejuvenated, Morgan-sponsored, and strengthened by the alliance with Roosevelt Steamship Co. was reported to have made an unsatisfactory bid last week. This did not mean that Philip Albright Small Franklin's company was out of the running, for the Shipping Board was reconsidering other initial bids at first rejected...

Author: /time Magazine | Title: Business & Finance: Atlantic Auction | 8/17/1931 | See Source »

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