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FreightWaves Classics: JP Morgan sought a trans-Atlantic monopoly

The SS United States, flagship of the United States Line. (Photo: united-states-line.org)

A recent FreightWaves Classics article provided an overview of J.P. Morgan’s activities in the U.S. railroad industry. This article will provide an overview of Morgan’s attempts to create an ocean shipping trust.

J.P. Morgan. (Photo: biography.com)J.P. Morgan. (Photo: biography.com)

Founding the IMM 

The shipping industry was prosperous in the late 19th century; this led some to attempt to create a trust or monopoly that would control major U.S. shipping companies. None of the efforts during the 1890s were successful, however....

https://www.freightwaves.com/news/freightwaves-classics-jp-morgan-sought-a-trans-atlantic-monopoly

Titanic Didn’t Sink Because of an Iceberg – ‘Rogue’ Wave Threat Revealed!

According to an interesting article published by the Express United Kingdom, cruise ships are guided by experienced captains, with the majority of journeys proving successful.

Yet they sometimes encounter natural dangers at sea which cannot be forecast. An ex ship officer has revealed the most dangerous, and what he thinks is the real reason Titanic did not survive its collision with the infamous iceberg.

Threat of rogue waves

In his new book, The Truth About Cruise Ships, Jay reports that in...

http://mfame.guru/titanic-didnt-sink-because-of-an-iceberg-rogue-wave-threat-revealed/