This is more distinctly shown in some sections of the land than in others.
For instance, up in New England, where the interests owning the New York,
New Haven & Hartford Railroad have accomplished direct or indirect control
of all but a comparatively few miles of the steam and electric railroads
in five great States, they have also acquired the steamship interests of
that district. The New Haven's original excursion into the steamboat
business was when it absorbed the Old Colony Railroad--almost a score of
years ago--in order to ensure its entrance into Boston. The Old Colony
owned a well-famed and highly prosperous steamboat line from Fall River,
Massachusetts, to New York City, part of its through New York-Boston
route. Eventually the New Haven acquired all the brisk and busy steamboat
lines which ran up the Sound from New York to several Connecticut
ports--Bridgeport, New Haven, Hartford, New London, and Stonington. Any
one of these lines was not, perhaps, so much of an acquisition in itself,
but all of them were potentials in a future rate situation that might
arise. It was good executive management to have these potentials under
firm control, and so the New Haven established water routes as a
recognized factor of its business--under the separate corporation title of
the New England Navigation Company. Once when a new company, under the
mellifluous title of the Joy Line, sought to injure its coastwise business
by establishing cut-rates from Providence to New York, the New Haven
placed two of its older boats in a rival and lower-priced service, and, by
means of its great resources, was able to bring the Joy Line into its
fold. Later, when the Enterprise Line tried a like programme, the New
Haven followed the same aggressive tactics and brought the Enterprise Line
to bankruptcy. These things are mentioned here in no spirit of criticism.
But they are the facts that make it impossible for really independent
lines of steamboats to run between New York and Providence for any great
length of time, despite ample docking facilities and a great free port at
each of these cities.
The Metropolitan Line tried to maintain an independent line between New
York and Boston with the two finest steamers ever placed in coastwise
service--the _Yale_ and the _Harvard_. One of these boats left each city
at five o'clock in the afternoon and performed the ocean voyage of 330
miles over the "outside route" in just fifteen hours--and with amazing
regularity. But the New Haven Railroad found it to its interest to control
the coasting lines around about New England, and so the _Yale_ and
_Harvard_ were last winter banished to the Pacific coast.
Public-domain text, read in full here on John Shaqi.
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