Business: Franklin v. Britain

A bald, moon-faced U. S. executive, who uses his office floor for a filing cabinet, brought debate on Britain's North Atlantic shipping bill in the House of Commons to a sudden halt one day last week. Patriotic members of Parliament wanted to know and know at once whether President Philip Albright Small Franklin of International Mercantile Marine was really going to block the Cunard-White Star merger (TIME, Feb. 19).

"The information comes to me for the first time," declared Chancellor of the Exchequer Neville Chamberlain. "It should not prevent the house from carrying...