Munsey's Magazine, March 1903

Munsey's Magazine, March 1903 This issue contains two substantial articles. "The Fight for Atlantic Commerce" by Winthrop T. Marvin examines the newly formed International Mercantile Marine Company, the "Morgan Combine"—a consolidation of major transatlantic shipping lines backed by J. Pierpont Morgan. Marvin describes the company's 140-odd vessels flying British, Belgian, and American flags, allied with German steamships, and discusses formidable competitors including the British Cunard Line, French Compagnie Générale Transatlantique, and independent "tramp" steamers. The article explains Morgan's commitment to keep British ships under the British flag and details how the combination aims to increase commerce volume through operational efficiency rather than rate manipulation. Abundant photographs showcase contemporary ocean liners including the Celtic and Lucania. "The Next Head of the Army" by Brigadier-General William H. Carter profiles Major-General Samuel B. M. Young, appointed to succeed General Miles as chief of the U.S. Army, highlighting Young's Civil War service beginning in 1861 and subsequent military career spanning nearly forty-two years.