Show HENAN SHIPS ARE NOT AFFECTED BY OPER agreements BETWEEN AMERICAN CO AND BRITAIN international marine president tell tells united states shipping board british agreement not unfavorable to U S new now york operating agreements betiN between cen tho tile international mercantile marino corapina co com piny an all american corpor atlon and the british government did lot affect tile comp company Anys a american even cien before the drafting of 0 h u supplementary it t requested by the t shipping hipping board 11 A S 8 frank tin president of tho tile international mer cantile marini told members of the b ard rd at a special hearing hero here tues day tho hearing was ivas called to obtain from mr franklin a recital of detail details of the tile illch wa was tt tacked by senator jones of washing ton be before boro its as being in to the foreign comm erect of the united states senator tone tones charged it bound the company ito to pursue no policy injurious to the interests of the british mer chiAnt marine or ot of arit ish trado 11 tho the agreement originally drafted in liau was bought sought by company co nipan mr air franklin told tho the board to effect offset nd ad by tho the canard line when the tile govern mort inert began to build up that lino line by lonin loani and fa mull contracts following ae acquisition of tonnage by the international mercantile marine the agreement gave WANG the intel national mer cantila marine the benefit of british mall mail and other valuable contracts he ile denied that it had been kept sw soctt as charged by senator jonea jones 11 during nineteen year years of operating ing under threso agreements lie con I 1 we ire lime 0 never been interfered Inter feied with mith by tho government in ili tho the ina nago ment of our ships and no re of nay nily kind klad has over ever been placed upon us u during thie this entire period ve xe lieve had american flagships in competition mith ith ships and flag ships ve 9 omi on u in ill strong ana continuous competition eulth the cu dam and oilier other british companies mr ri emphasized that tho the was on an american corpora ton tion 03 per cent of its stock being owned by Atno american rican elti cithens zens only one halt half of I 1 per cent of the stock Is held by english investor investors re ie aid said and a similar by canadians ho ito assorted that recognizing the of national aspirations for nn an amerlean Amerl tan in erchant marine the company began negotiations in 1018 to dispose of its british it to a syndicate but that the ale sale was stopped nt at the request of president wilson |