Show A Proposed New htcanuhip Line MONTREAL March 26 Montague Allan and J S Allan of the Allan steamship line have arrived in England on business connected with the new steamship project It is proposed to form a new company of which the Naval Construction and Armament Arma-ment company of BarrowinFurness and the Allan company will bo the chief promoters pro-moters Negotiations between the two companies at present are in progress and it iq expected will bs successful The intention in-tention is to have the new company takeover take-over the existing Allan line steamers and run them principally as freight steamers The new line will be under the control of time Allans and be neutral as between the Grand Trunk and Canada Pacific railways The new cimpanyis wording to secure a permanent government subsidy Three or four fast steamers will bo built similar to those running to Now York and it is expected ex-pected traffic to and from Chicago and the northwest will thus be diverted towards Montreal Montreal will bo tab summer port and cither Halifax or St John the winter port |