Titanic
Tidbits
News and info
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Cunard-White Star merger reported imminent.
May revive work on Cunard's "biggest." Italian Line
captures
transatlantic blue ribbon with speedy voyage of Rex.
German shipping had it's fling at the headlines 3
years ago when the
Bremen and Europa rushed into transatlantic fame by
capturing the blur
ribbon of the Atlantic for speed - held for more than
20 years by the
Mauretania of the Cunard Line.
Scarcely had these North German Lloyd liners won this
victory when
Lloyd, with Hamburg American, set the pace in
shipping competition by
pooling services and schedules (BW - Apr 2 '30). The
project never
developed into a genuine merger until Chancellor
Hitler stepped into
power in Berlin. Reorganization now is much more
complete. Rival pride
is going by the boards and is replaced by genuine
economics.
Italy pushed into the limelight a year ago when all
Italian shipping
was rationalized by Mussolini. Competing lines in the
North America
service were put under central control and schedules
of the 3 old
lines were reorganized under the single direction of
the Italian Line.
Then came the Rex and the Conti di Savoia seeking the
cream of the
luxury traffic to Europe for the southern route. Only
last week the
Rex raced across the Atlantic from Gibraltar in
slightly more than 4
days, captured for the Mussolini fleet the blue
ribbon which North
German Lloyd has held. In "Steamship Row" in New York
there is talk of
friendly competition for the record from the Savoia.
The British lines pushed into the limelight this week
with the rumor
that the Chancellor of the Exchequer is about to
announce the merging
of the 2 great British shipping lines in the North
Atlantic Trade,
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Cunard and White Star. Almost simultaneous with the
announcement, the
British government is expected to back a public bond
issue of £2 1/2
millions to finance the completion of Cunard's
mystery ship - No. 534
- still standing in the building stocks along the
Clyde with only the
hull completed.
Depression Pinched Both
The news is no surprise. Like all other shipping
lines, Cunard and
White Star have both felt the pinch of the
depression. Both have asked
for aid in meeting the competition of government
subsidizes vessels in
the highly competitive North Atlantic service. White
Star has just
gone through a purging in the general "wash-up" of
the Royal Mail
Steam Packet Co. (a Lord Kylsant holding until he was
found guilty of
fraud), of which it is a part.
When the 2 companies first asked for government aid,
they were warned
that it would be given only after they had worked out
a merger plan
which would bring about healthy cooperation in place
of the keen
competition which they now offer each other. Both
lines operate
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between channel ports and New York. They have,
together, some of the
fastest vessels on the run. Cunard schedules the
Berengaria, the
Aquitania, and - when not in the special cruise
service - the
Mauretania. White Star features the Majestic and the
Olympic, fills
the new cabin class motor vessels - Britannic and
Georgic - on every
crossing.
Another "Greatest"
Cunard's new super-liner was planned before the
depression. It was to
cost more than $30 millions, was to gross 73,000
tons, and probably
compete with the fastest liners in the service. Every
modern marine
luxury was to be included from air-conditioned public
rooms to special
arrangements for carrying automobiles. Only a few
weeks ago King
George dedicated the new drydock in Southampton built
especially to
accommodate the new giant, and a sister ship which
was planned to
maintain a weekly service between New York and
Channel ports. There is
no prospect that the second vessel will be built now,
even under the
merged management.
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France is having financial difficulties with her
great contender in
the North Atlantic trade - the French Line - but with
government aid
is continuing construction of the Normandie, to be
the largest vessel
afloat, to compete in speed and luxury "with the
best." The Normandie
is progressing slowly, will probably schedule its
maiden voyage as
soon as there is signs of a genuine pickup in
transatlantic passenger
travel
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