Apple QuickTime movie | 1998-11-02 | 5.3 MB | 720x480 | 29.97fps | 47 seconds | [MooV/TTNC]
Transcription: One American with no fear of progress is financier J.P. Morgan. The booming Atlantic passenger trade has caught his eye. He starts a price war with the lines he already owns and then makes attractive offers to those British, European and American lines who are losing money. His international navigation company grows to become International Mercantile Marine. Morgan's desire to own a major British shipping enterprise focuses on the White Star Line. In December 1902, he buys Whitestar for ten million pounds, ten times its earnings in 1900. The liners continued to sail proudly under the Union Jac ...
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