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1. en.wikipedia.org › wiki › International_MercantileInternational Mercantile Marine Company - Wikipedia

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   The International Mercantile Marine Company, originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade.

2. titanichistoricalsociety.org › internationalThe White Star Line & The Internat'l Mercantile Marine Company

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   Learn about the history and formation of the IMMC, a shipping combine that controlled several transatlantic lines, including the White Star Line. Find out how the IMMC influenced the development of the American Merchant Marine and the Titanic disaster.

3. www.ggarchives.com › SteamshipLines › IMMInternational Mercantile Marine Company History and Ephemera

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   The International Mercantile Marine Company was incorporated in October, 1902 by Messrs. J. P. Morgan & Company to consolidate the various steamship lines running between the United States and Europe.

4. People also ask

   What is the International Mercantile Marine Company?

   • The International Mercantile Marine Company, originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade.

   International Mercantile Marine Company - Wikipedia

   en.wikipedia.org/wiki/International_Mercantile_Marine_Company

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   Why did JP Morgan create International Mercantile Marine?

   • On 1 October 1902, financier J.P. Morgan announced the creation of International Mercantile Marine, a trust that sought to control global maritime shipping.

   J.P. Morgan Forms a Maritime Trust - Ocean Liners Magazine

   oceanlinersmagazine.com/2020/10/01/j-p-morgan-trust/

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   Was the International Mercantile Marine company merger a promotion of Wall Street?

   • This has been particularly true of those combinations in which the firm of J. P. Morgan & Company was involved. The International Mercantile Marine Company merger of 1902 has hitherto been misrepresented as a promotion of Wall Street.

   A Study in Merger: Formation of the International Mercantile Marine Co…

   www.cambridge.org/core/journals/business-history-review/article/abs/study-in-merger-formation-of-the-international-mercantile-marine-company/BD7C64308DBB4041B4041A8C3DF5A4BE

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   How much was the International Mercantile Marine company worth?

   • Over $10,000,000 of the common stock also was not issued, and the remainder had an estimated market value, at $35 a share, of about $17,500,000. First Annual Report of the International Mercantile Marine Company, for the Fiscal Year Ended December 31, 1903, p. 5.

   A Study in Merger: Formation of the International Mercantile Marine Co…

   www.cambridge.org/core/journals/business-history-review/article/abs/study-in-merger-formation-of-the-international-mercantile-marine-company/BD7C64308DBB4041B4041A8C3DF5A4BE

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5. www.scientificamerican.com › article › theThe Extraordinary Story of the White Star Liner Titanic ...

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   Apr 1, 2012 · THE MOST IMPORTANT SHIPPING EVENT in North Atlantic history was the creation of the International Mercantile Marine company (IMM) in 1902. This giant shipping trust was the brainchild of...

6. www.cambridge.org › core › journalsA Study in Merger: Formation of the International Mercantile ...

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   Oct 9, 2021 · The International Mercantile Marine Company merger of 1902 has hitherto been misrepresented as a promotion of Wall Street. The subsequent course of this venture shows how even a combination of the world's most astute bankers and shipping men could be misled in analysis and held powerless to affect their own destiny by the march of economic and ...

7. www.everythingoceanliners.com › post › from-glory-toFrom Glory to Infamy, the Rise and Fall of White Star Line

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   Jun 15, 2023 · The International Mercantile Marine Company was founded by the investment banker, J.P Morgan. By 1900, the steamship industry was booming due to large levels of migration and rapidly improving shipping technology, making this a lucrative trade.

8. oceanlinersmagazine.com › 2020/10/01 › j-p-morgan-trustJ.P. Morgan Forms a Maritime Trust - Ocean Liners Magazine

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   Oct 1, 2020 · By John Edwards People. On 1 October 1902, financier J.P. Morgan announced the formation of the International Mercantile Marine Company, a trust that sought to control global maritime shipping. White Star Line was the trust’s crown jewel. As a US citizen, Morgan could not directly own British ships, but he could own the company that owned the ...