THE WHITE STAR DEAL.
It was, I believe, either in connexion with rumours.eirentated many years ago that financial ownership. of the White Star portion of the International Mercantile Marine Company was about to revert to English ownership or else in connexion with rumours that the U.S. Steel- Trust was to be resolved into, its old component parts that the late Mr. Pierpont Morgan, in denying the .rumour, is, reported to have said that it was " impossible to unscramble an egg." . Apparently, however, this difficulty of " unscrambling" has not proved insuperable in the case of the I.M.M., the interesting statement having been made this week to the effect that negotiations are -. proceeding for the - purchase . of the . shares of, . the Oceanic Steam Navigation Company (White Star Liner by a British group represented by Messrs. Morgan, Grenfell- and Company. It is further stated that Messrs. Furness, Withy and Company are the principal shipping interest in the purchasing syndicate.
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