Business: Deals & Developments

Conference in San Francisco. Heads of shipping companies controlling twelve fleets, 181 vessels with 1.500.000 gross tons, last week were holding secret meetings in San Francisco. Present were Capt. Robert Dollar and his son President R. Stanley Dollar of Dollar Lines whose entrance into intercoastal shipping caused friction which reached its height when the Dollars began to bid for U. S. Lines (TIME, Aug. 24). Present too were Kermit Roosevelt and John M. Franklin, representing Roosevelt-International Mercantile Marine Lines. Apparently with much to say to the shipping men, but with nothing to say...

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