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International Mercantile Marine Company

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The International Navigation Company (INC) was a Philadelphia-based holding company owning 26 ships totaling 181,000 tons and carried more passengers than either Cunard or White Star , when the company was reorganized as International Mercantile Marine in 1902. The General Assembly of the Commonwealth of Pennsylvania approved a charter for the INC on May 5, 1871. The company was commonly known as the Red Star Line due to the red star on its white house flag. The principal American organizer and general agent of INC was the shipbroking firm of Peter Wright & Sons, one of the oldest, most respected, and most financially prosperous of the Philadelphia import-export houses. Principal financial backing was provided by the Pennsylvania Railroad Company. Although the financial interests were headquartered in the United States, the backers did not believe that a transatlantic steamship line could be run successfully under an American flag. Ships were to be built in foreign yards, operated under foreign flags, and manned with foreign crews.

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126-724: The International Mercantile Marine Company , originally the International Navigation Company , was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade. IMM was founded by shipping magnates Clement Griscom of the American Line and Red Star Line , Bernard N. Baker of the Atlantic Transport Line , J. Bruce Ismay of the White Star Line , and John Ellerman of

252-590: A US yard so that Inman would have the four ships required for a weekly service. In May 1892, Congress enacted the necessary legislation. Five months later, the post office department agreed to contract with INC for a weekly New York–Southampton mail service. On February 22, 1893, President Benjamin Harrison personally raised the American flag on the newly renamed New York , and the Inman and International Line

378-414: A bill interpreting the constitution to mean universal white male suffrage , excluding paupers; the constitution was itself an act of the legislature and not enshrined as the modern constitution. On February 15, 1804, New Jersey became the last northern state to abolish new slavery and enacted legislation that slowly phased out existing slavery. This led to a gradual decrease of the slave population. By

504-502: A combined passenger ship/tanker, but she probably only carried oil on one voyage after it was realized that the fire hazard with tankers was too great to also carry passengers on the same ship. In 1872, Griscom and Thompson concluded that International Navigation should seek a terminus on the continent. According to his son, Griscom marked all of the principal manufacturing towns in England, Belgium, France and Germany and determined that

630-517: A higher proportion of immigrants. New Jersey is home to roughly half a million unauthorized immigrants , comprising an estimated 6.2% of the population, which in 2018 was the fifth-highest percentage of any U.S. state. The municipalities of Camden, Jersey City, and Newark are considered sanctuary cities for illegal immigrants. For further information on various ethnoracial groups and neighborhoods prominently featured within New Jersey, see

756-583: A large fleet of ships, with many transporting petroleum from the recently discovered fields of western Pennsylvania, carried in barrels and cases, to European markets. Peter Wright & Sons also had established friendships and business ties with two prominent Belgian shipowners, Jules-Bernard von Der Becke and William Edouard Marsily. During the 1860s, the von Der Becke firm became an important importer of petroleum products from Pennsylvania to Antwerp in American and Belgian ships. Clement Action Griscom, who rose rapidly from clerk to partner at Peter Wright & Sons,

882-511: A major creditor of Inman when that company suffered financial difficulties in the early 1880s. In 1886, with the backing of the Pennsylvania Railroad, Griscom offered £205,000 for Inman's five liners and name. Under the deal, Griscom was able to deduct the debt owed INC from the purchase price. With no real alternative, Inman's directors accepted the offer. Griscom realized that the renamed Inman and International Line required

1008-417: A major destination for immigrants and is home to one of the world's most multicultural populations . Echoing historical trends, the state has increasingly re-urbanized, with growth in cities outpacing suburbs since 2008. New Jersey is one of the most educated, affluent, healthy, diverse and highly developed states in the U.S., ranking it high in several quality of life metrics. As of 2022, New Jersey had

1134-799: A major industry, especially the Sterling Hill Mine . New Jersey prospered through the Roaring Twenties . The first Miss America Pageant was held in 1921 in Atlantic City ; the Holland Tunnel connecting Jersey City to Manhattan opened in 1927; and the first drive-in movie was shown in 1933 in Camden . During the Great Depression of the 1930s, the state offered begging licenses to unemployed residents,

1260-576: A merger with Roosevelt Steamship Company, as the United States Lines , which itself went bankrupt in 1986. A proposed subsidy bill in the United States Congress failed, which became widely apparent by April 1902 and the company thus was never truly successful. Beginning in the 1920s, the company underwent a series of corporate acquisitions and mergers, which resulted in its becoming the United States Lines in 1943. As

1386-518: A million residents commute daily into the city for work, many via public transportation. The Jersey Shore , along the Atlantic Coast in Central and South Jersey, has its own unique natural, residential, and cultural characteristics owing to its location by the ocean. South Jersey represents the southernmost geographical region of the northeastern United States . The Delaware Valley includes

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1512-772: A motor torpedo boat commanded by Lt. (j.g.) John F. Kennedy in World War II, was built at the Elco Boatworks in Bayonne . The aircraft carrier USS Enterprise (CV-6) was briefly docked at the Military Ocean Terminal in Bayonne in the 1950s before she was sent to Kearney to be scrapped. In 1962, the world's first nuclear-powered cargo ship, the NS Savannah , was launched at Camden. In 1951,

1638-567: A native Philadelphian, had New Jersey ties and formally resided in New Jersey at the time; he later became Governor of New Jersey (1878–81). (In New Jersey, the factions of the Democratic party managed an effective coalition in 1860.) During the American Civil War , the state was led first by Republican governor Charles Smith Olden , then by Democrat Joel Parker . During the course of the war, between 65,000 and 80,000 soldiers from

1764-485: A new express steamer to compete against its rivals, the Cunard Line and White Star. He sailed for Europe with a commitment of $ 2 million from the Pennsylvania Railroad to finance the new ship. Scottish shipbuilders were suffering a depression at the time and offered to build two liners at the bargain price of $ 1,850,000 apiece. The PRR agreed and Griscom ordered what were to become the two largest and fastest ships on

1890-465: A single brand. Some businesses of the modern shipping industry still regard IMM as an early attempt at the corporate ownership of several companies under a single trust; the kind of large overseeing companies that dominate much of the maritime shipping world today. Company became United States Lines Inc, 1943 International Navigation Company Peter Wright & Sons provided invaluable commercial expertise and foreign contacts. The firm operated

2016-600: A total buoyed by high immigration to the United States. The IMM had signed a partnership with the two most important German shipping companies, Norddeutscher Lloyd and HAPAG, which carried a total of 66,838 passengers. The German-Morgan agreement, signed in New York on 20 February 1902, was a key step in the formation of what was to become the IMM, but did not fully address long-standing competitive friction between and amongst

2142-409: A trust to control capacity and pricing. As a result of the 1899 refinancing, he became acquainted with J. P. Morgan , the investment banker who was successful in putting together large trusts. Morgan was then in the process of building U.S. Steel, the first billion-dollar corporation. Morgan profited from the investment fees associated with creating or refinancing companies, but not actually operating

2268-720: Is Kitty Ann Mountain in Morris County , rising 892 feet (272 m). The Palisades are a line of steep cliffs on the west side of the Hudson River in Bergen and Hudson Counties . Major New Jersey rivers include the Hudson , Delaware , Raritan , Passaic , Hackensack , Rahway , Musconetcong , Mullica , Rancocas , Manasquan , Maurice , and Toms rivers. Due to New Jersey's peninsular geography, both sunrise and sunset are visible over water from different points on

2394-592: Is deemed urban by the U.S. Census Bureau . New Jersey was first inhabited by Paleo-Indians as early as 13,000 B.C.E. The Lenape were the dominant Indigenous group when Europeans arrived in the early 17th century, and they were subdivived into dialectal groups such as the Munsee, in the north, and the Unami and the Unalachtigo, elsewhere. Dutch and Swedish colonists founded the first European settlements in

2520-803: Is now New York Harbor and took control of Fort Amsterdam , annexing the entire province. During the English Civil War , the Channel Island of Jersey remained loyal to the British Crown and gave sanctuary to the King . In the Royal Square in St Helier , Charles II of England was proclaimed King in 1649, following the execution of his father, Charles I . North American lands were divided by Charles II , who gave his brother,

2646-600: Is part of the Pennsylvania-based Lehigh Valley metro area. The 21 counties in New Jersey, listed in order by population (as of the 2020 census) are: For its overall population and nation-leading population density, New Jersey has a relative paucity of classic large cities. This paradox is most pronounced in Bergen County , the state's most populous county, whose 955,732 residents at the 2020 census inhabited 70 municipalities, of which

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2772-454: The 2010 U.S. census , which counted 8,791,894 residents. The state ranked eleventh in the country by total population and first in population density, with 1,185 residents per square mile (458 per km ). Historically, New Jersey has experienced one of the fastest growth rates in the country, with its population increasing by double digits almost every decade until 1980; growth has since slowed but remained relatively robust until recently. In 2022,

2898-406: The 2010 United States census , only four municipalities had over 100,000 residents (although Edison and Woodbridge Township came very close); this number increased to seven by the 2020 census. Residents of New Jersey are most commonly referred to as New Jerseyans or, less commonly, as New Jerseyites. According to the 2020 U.S. census , the state had a population of 9,288,994, a 5.7% increase since

3024-699: The American Civil War 's end, about a dozen African Americans in New Jersey were still held in bondage. New Jersey voters eventually ratified the constitutional amendments banning slavery and granting rights to the United States' black population. Industrialization accelerated in the present-day North Jersey region of the state following completion of the Morris Canal in 1831. The canal allowed for anthracite coal to be transported from eastern Pennsylvania 's Lehigh Valley to North Jersey's growing industries in Paterson , Newark , and Jersey City . In 1844,

3150-709: The American Revolutionary War , British and American armies crossed New Jersey numerous times, and several pivotal battles took place in the state. Because of this, New Jersey today is sometimes referred to as "The Crossroads of the American Revolution". The winter quarters of the Continental Army were established in New Jersey twice by General George Washington in Morristown , which has been called "The Military Capital of

3276-548: The Atlantic Transport Line , the Leyland Line, the White Star Line , the Dominion Line and half of Holland America . International Navigation was renamed International Mercantile Marine (IMM). However, Griscom and Morgan paid too high a price for the companies they acquired and IMM struggled under the debt payments. Management was reorganized to focus on White Star, the most profitable subsidiary. In 1915, IMM

3402-622: The Cape May County peninsula at the southeastern tip of New Jersey; in doing so, the Jersey Shore became readily accessible to millions of residents in the New York metropolitan area. In 1959, Air Defense Command deployed the CIM-10 Bomarc surface-to-air missile to McGuire Air Force Base . On June 7, 1960, an explosion in a CIM-10 Bomarc missile fuel tank caused an accident and subsequent plutonium contamination. In

3528-501: The Delaware River and Pennsylvania ; and on its southwest by Delaware Bay and Delaware . At 7,354 square miles (19,050 km ), New Jersey is the fifth-smallest state in land area , but with close to 9.3 million residents as of the 2020 United States census , it ranks 11th in population . The state capital is Trenton , and the state's most populous city is Newark . New Jersey is the only U.S. state in which every county

3654-456: The Dominion of New England from 1686 to 1689. In 1702, the two provinces were reunited under a royal governor rather than a proprietary one . Edward Hyde , titled Lord Cornbury, became the first governor of the royal colony. Britain believed that he was an ineffective and corrupt ruler, taking bribes and speculating on land. In 1708, he was recalled to England. New Jersey was then ruled by

3780-719: The Dutch in the early 17th century, and their primary relationship with the Dutch and later European settlers was through fur trade . The Dutch were the first Europeans to lay claim to lands in New Jersey. The Dutch colony of New Netherland consisted of parts of the modern Mid-Atlantic states. Although the European principle of land ownership was not recognized by the Lenape , Dutch West India Company policy required its colonists to purchase land that they settled. The first to do so

3906-705: The Guion Line collapsed. By 1896, economic conditions improved, and the major lines reached a new agreement, negotiated at International Navigation's headquarters in London. The Spanish–American War (1898) and the Boer War (1899-1902) created a shortage of shipping on the Atlantic, and the major lines launched building programs to increase their fleets. Most of the American Line's ships were requisitioned by

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4032-585: The Lenape tribe . Scheyichbi is the Lenape name for the land that represents present-day New Jersey. The Lenape were several autonomous groups that practiced maize agriculture in order to supplement their hunting and gathering in the region surrounding the Delaware River , the lower Hudson River , and western Long Island Sound . The Lenape were divided into matrilineal clans that were based upon common female ancestors. Clans were organized into three distinct phratries identified by their animal sign: Turtle , Turkey , and Wolf . They first encountered

4158-816: The Leyland Line . The Dominion Line was also amalgamated. The project was bankrolled by J.P. Morgan & Co. , led by financier J. P. Morgan . The company also had working profit-sharing relationships with the German Hamburg-Amerika and the North German Lloyd lines. The trust caused great concern in the British shipping industry and led directly to the British government's subsidy of the Cunard Line 's new ships RMS Lusitania and RMS Mauretania in an effort to compete. IMM

4284-805: The New Jersey Supreme Court to fund schools equitably, the New Jersey legislature passed an income tax bill in 1976. Prior to this bill, the state had no income tax. In the early part of the 2000s, two light rail systems were opened: the Hudson–Bergen Light Rail in Hudson County and the River Line between Camden and Trenton . The intent of these projects was to encourage transit-oriented development in North Jersey and South Jersey , respectively. The HBLR

4410-606: The New Jersey Turnpike opened, facilitating efficient travel by car and truck between North Jersey and metropolitan New York , and South Jersey and metropolitan Philadelphia . Subsequently, in 1957, the Garden State Parkway was completed, serving as a diagonal counterpart to the Turnpike, and opening up highway travel along New Jersey's coastal flank between Bergen County in the northeast and

4536-627: The North Atlantic Ocean . The pressure of collision between North America and Africa gave rise to the Appalachian Mountains . Around 18,000 years ago, the Ice Age resulted in glaciers that reached New Jersey. As glaciers retreated, they left behind Lake Passaic along with rivers, meadows , swamps, and gorges . Since the 6th millennium BC , Native American people have inhabited New Jersey, beginning with

4662-557: The Panama Pacific Line was dissolved in 1938 and its ships divested, and American Merchant Line was merged into United States Lines in 1938. Finally, the Roosevelt Line was merged into United States Lines in 1940, leaving that company as RIMM's only remaining business. RIMM changed its name to United States Lines Inc. in 1943, recasting itself as a smaller company focused exclusively on transatlantic routes under

4788-595: The Philippines . New Jersey is one of the most ethnically diverse states in the United States: as of 2022, over one-fifth (21.5%) of its residents are Hispanic or Latino, 15.3% are Black, and one-tenth are Asian. One in four New Jerseyans were born abroad and more than one million (12.1%) are not fully fluent in English. Compared to the U.S. as a whole, the state is more racially and ethnically diverse and has

4914-816: The Second Continental Congress declared American Independence from Great Britain . It was an act of the Provincial Congress , which made itself into the State Legislature . To reassure neutrals, it provided that it would become the legislature would disband if New Jersey reached reconciliation with Great Britain. Among the 56 Founding Fathers who signed the Declaration of Independence , five were New Jersey representatives: Richard Stockton , John Witherspoon , Francis Hopkinson , John Hart , and Abraham Clark . During

5040-605: The Skylands Region , is more wooded, rural, and mountainous. The chief tree of the northern forests is the oak . The New Jersey Pine Barrens is situated in the southern interior of New Jersey and covered extensively by mixed pine and oak forest; its population density is lower than most of the state. High Point in Montague Township , Sussex County is the state's highest elevation at 1,803 feet (550 m) above sea level. The state's highest prominence

5166-823: The Union during the American Civil War and provided troops, resources, and military leaders in support of the Union Army . After the war, the state emerged as a major manufacturing center and a leading destination for immigrants, helping drive the Industrial Revolution in the U.S. New Jersey was the site of many industrial, technological, and commercial innovations . Many prominent Americans associated with New Jersey have proven influential nationally and globally, including in academia, advocacy, business, entertainment, government, military, non-profit leadership, and other fields. New Jersey's central location in

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5292-460: The 1915–16 receivership, Sanderson was succeeded as president by Franklin, who had been the receiver. However, the sinking of the Titanic did not bring about the end of the IMM. Although theoretically powerful due to its continued influence with some of the top American, British, and German shipping companies, the overseeing company never managed to overcome its own financial problems, nor dominate

5418-453: The 1950s, and by 2020 had rebounded to 311,549. New Jersey is located at the center of the Northeast megalopolis , the most populated American urban agglomeration . It is bordered on the north and northeast by New York (parts of which are across the Hudson River , Upper New York Bay , the Kill Van Kull , Newark Bay , and the Arthur Kill ); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay ; and on

5544-410: The 1960s, race riots erupted in many of the industrial cities of North Jersey . The first race riots in New Jersey occurred in Jersey City on August 2, 1964. Several others ensued in 1967, in Newark and Plainfield . Other riots followed the assassination of Martin Luther King Jr. in April 1968, just as in the rest of the country. A riot occurred in Camden in 1971. As a result of an order from

5670-412: The 48 states. In addition, Fort Dix (1917) (originally called "Camp Dix"), Camp Merritt (1917), and Camp Kilmer (1941) were all constructed to house and train American soldiers through both World Wars. New Jersey also became a principal location for defense in the Cold War . Fourteen Nike missile stations were constructed for the defense of the New York City and Philadelphia areas. PT-109 ,

5796-401: The American Line only paid its first dividend in 1900. The mail contract of $ 750,000 per year was not sufficient to offset the higher costs of operating US-flagged vessels. Griscom was a close associate of Ohio Senator Marcus Hanna , who stayed at Griscom's house outside Philadelphia during the 1900 Republican convention. Hanna was the power broker behind President William McKinley , and when

5922-452: The American Revolution." On the night of December 25–26, 1776, the Continental Army under George Washington crossed the Delaware River . After the crossing, they surprised and defeated the Hessian troops in the Battle of Trenton . Slightly more than a week after victory at Trenton , Continental Army forces gained an important victory by stopping General Cornwallis's charges at the Second Battle of Trenton . By evading Cornwallis's army,

6048-498: The Atlantic Transport Line joined INC. Subsequently, Baker, J. P. Morgan, and Simon Bettle Jr. (representative of the INC) negotiated with Ellerman, this time with a view to redeem his property. There would be two companies that would join the trust. The name of one of them was revealed in April 1901: the Leyland Line. The second turned out to be the prestigious White Star Line, bought by Morgan's team, after long negotiations, in April 1902. On 1 October 1902, JP Morgan & Co. announced

6174-529: The Atlantic, the 20 knot City of New York and City of Paris . He also ordered a large new liner for Red Star, the Friesland . The intent was to continue Inman as a British-flagged company. However, considerable opposition developed over Inman's change in ownership, and the British Government transferred Inman's mail contract to the Guion Line . Under the Postal Aid Act of 1891, the US Government offered to pay $ 12,500 per round-trip voyage to any American-flagged carrier offering 20-knot steamship service to

6300-409: The British column by surprise. When the British army attempted to flank the Americans, the Continental Army retreated in disorder. Their ranks were later reorganized and withstood British charges. In the summer of 1783, the Continental Congress met in Nassau Hall at Princeton University , making Princeton the nation's capital for four months. It was there that the Continental Congress learned of

6426-422: The Census Bureau estimated there were 6,262 fewer residents than in 2020, a decline of 0.3% from 2020, related to the COVID-19 pandemic . New Jersey is the only state where every county is deemed urban as defined by the Census Bureau . Most residents live in the counties surrounding New York City , the nation's largest city, Philadelphia , the nation's sixth-largest city, or along the eastern Jersey Shore ;

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6552-453: The Continental Army was able to make a surprise attack on Princeton and successfully defeated the British forces there on January 3, 1777. Emanuel Leutze 's painting of Washington Crossing the Delaware became an icon of the Revolution. Continental Army forces under Washington's command met British forces under General Henry Clinton at the Battle of Monmouth in an indecisive engagement in June 1778. Washington's forces attempted to take

6678-401: The Duke of York (later King James II ), the region between New England and Maryland as a proprietary colony (as opposed to a royal colony ). James then granted land between the Hudson River and the Delaware River (the land that would become New Jersey) to two friends who had remained loyal through the English Civil War : Sir George Carteret and Lord Berkeley of Stratton . The area

6804-430: The IMM group came in 1908 when Harland & Wolff was authorized to build the White Star Line's Olympic class ocean liner trio: RMS  Olympic , RMS  Titanic , and HMHS  Britannic . Since 1902, IMM had an agreement with James Pirrie, chairman of Harland & Wolff and member of the management of the White Star Line, stating that the vessels of the company will be built by Harland & Wolff for all

6930-491: The Industrial Revolution, having been granted 1,093 patents , many of which for inventions he developed while working in New Jersey. Edison's facilities, first at Menlo Park and then in West Orange , are considered perhaps the first research centers in the United States. Christie Street in Menlo Park was the first thoroughfare in the world to have electric lighting. Transportation was greatly improved as locomotion and steamboats were introduced to New Jersey. Iron mining

7056-462: The Inman Line abandoned Philadelphia as its American terminus and switched its operations to New York. Various interests in Philadelphia, including the Pennsylvania Railroad, recognized the need to reestablish steamship service directly to Europe. In 1870, PRR backed the creation of two shipping companies, the US-flagged American Steamship Company and the foreign flagged International Navigation Company. Chartered on May 5, 1871, International Navigation

7182-695: The Jersey Shore. The state consists of two climate zones; most of the state has a humid subtropical climate (Cfa), while the northwest has a humid continental climate (Dfa). New Jersey receives between 2,400 and 2,800 hours of sunshine annually. Summers are typically hot and humid, with statewide average high temperatures of 82–87 °F (28–31 °C) and lows of 60–69 °F (16–21 °C); however, temperatures exceed 90 °F (32 °C) on average 25 days each summer, exceeding 100 °F (38 °C) in some years. Winters are usually cold, with average high temperatures of 34–43 °F (1–6 °C) and lows of 16 to 28 °F (−9 to −2 °C) for most of

7308-431: The Northeast megalopolis helped fuel its rapid growth and suburbanization in the second half of the 20th century. Since the beginning of the 21st century, the state's economy has become highly diversified, with major sectors including biotechnology , pharmaceuticals , information technology , finance , and tourism , and it has become an Atlantic seaboard epicenter for logistics and distribution . New Jersey remains

7434-417: The Republicans were reelected, Hanna pushed a new mail subsidy bill. The legislation cleared the Senate in 1902, but stalled in the House of Representatives. Congress was opposed to subsidizing rich financiers even though this meant that relatively fewer Americans were employed as merchant ship builders and sailors. As early as the 1880s, Griscom believed that the major shipping lines should be combined into

7560-431: The U.S. National Oceanic and Atmospheric Administration have concluded that New Jersey has been the fastest-warming state by average air temperature over a 100-year period beginning in the early 20th century. The U.S. Census Bureau divides New Jersey's 21 counties into seven metropolitan statistical areas , with 20 counties included in either the New York City or Philadelphia Combined Statistical Area . Warren County

7686-404: The UK. However, this amount was not sufficient to attract firms to acquire the liners required under the act, and Griscom's two new 20-knot Atlantic speedsters could not qualify, because they were built in the UK. Therefore, Griscom and the Pennsylvania Railroad lobbied Congress to allow the reflagging of Inman's two record-breakers. Griscom also offered to build a second pair of 20-knot liners in

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7812-436: The White Star Line, which owned the RMS Titanic . Analysis of financial records shows that IMM was overleveraged and suffered from inadequate cash flow that caused it to default on bond interest payments in late 1914. As a result, a "friendly" receivership was put in effect in 1915, which allowed IMM to reorganize its finances; it emerged from the receivership in 1916. Saved by World War I , IMM eventually re-emerged, after

7938-440: The assets of the financially troubled Inman Line , operator of a British flagged Liverpool-New York mail service. With PRR's backing, Griscom ordered two record breakers to restore Inman's fortunes. However, the British Government objected to Inman's ownership change and revoked Imman's mail contract. Griscom successfully lobbied Congress to reflag the two new express liners and qualify for an American mail subsidy. In 1893, Inman

8064-447: The bulk of the North Atlantic shipping trade, and was therefore not as successful as expected. The company went into receivership in 1915 and was placed in the hands of Franklin, who managed to save it. In the late 1920s, he received grants from the government to American ships (built in the United States or flying the flag) and in 1926 it sold the White Star Line to the Royal Mail Steam Packet Company for £7 million, of which £2.35 million

8190-473: The cargo-carrying Leyland Line, who had tried unsuccessfully to take possession of the Cunard Line and HAPAG, two powerful European companies. Negotiations between Baker and Ellerman, advanced but ultimately fell through. Meanwhile, J. P. Morgan had already concluded agreements with Clement Griscom , president of the International Navigation Company, which operated the Red Star Line and the American Line. Finally, in December 1900, after six months of negotiations,

8316-416: The center was Antwerp Belgium. Griscom immediately left for Europe and met with Antwerp officials about the necessary improvements to modernize the old port into the terminus for a steamship line. When he was told that Leopold II must also approve, Griscom left for Brussels where he received the King's strong support including a postal subsidy and port improvements. On September 27, 1872, the Red Star Line

8442-548: The combined operation used the US Line name. The US Line emerged from the war as one of the largest international shippers and in the 1950s was the second largest transatlantic passenger carrier after Cunard. Passenger sailings were terminated in 1969 when the US government withdrew the operating subsidy for the United States . The US Lines failed in 1986 when it over expanded in the container cargo business and its operations were liquidated. The shell of United States Lines emerged from bankruptcy in 1990 and eventually entered into

8568-427: The company's expansion could not have been worse. The major shipping companies including the American Line entered into an agreement to control sailing frequency and prices. However, the agreement broke down in the fall of 1893 over a dispute between the German and British lines over Scandinavian business, resulting in a fare war. This situation was compounded by the depression of 1894 and several weaker firms including

8694-447: The company's profits for the next 30 years. The shipping line's home port was Antwerp and it sailed under the Belgian flag, thereby avoiding the obligation of employing far more expensive American personnel. In January, 1874, the board of directors of the American Line, a Philadelphia-based passenger and cargo service to Liverpool that was also backed by the Pennsylvania Railroad and was facing possible bankruptcy, passed management of

8820-476: The company. Baker retired from the direction of the Atlantic Transport Line shortly after its integration with the IMM, and was replaced by Philip Franklin . He later became vice president of IMM, while Griscom was replaced as president by Joseph Bruce Ismay in 1904 (who was also president of the White Star Line). The early 1910s marked a turning point for the IMM. Indeed, on 15 April 1912, the Titanic , flagship of its fleet, sank during her maiden voyage . Besides

8946-503: The demand for shipping during W.W.I. During the 1920s and 30s, IMM sold its foreign flagged subsidiaries to focus on US operations. In 1930, the Roosevelt Steamship Company purchased 51% of IMM. The next year, Roosevelt IMM became the manager of the government owned United States Lines when the line's purchaser defaulted on the payments. In 1934, Roosevelt IMM acquired a majority of the US Line stock for $ 1.1 million. All US Line, Roosevelt Line and IMM operations were merged in 1943 and

9072-672: The extreme southern and northwestern counties are relatively less dense overall. Since the 2000 census, the United States Census Bureau calculated that New Jersey's center of population was located in East Brunswick . The state is located in the middle of the Northeast megalopolis , which has more than 50 million residents. As of 2019, New Jersey was the third highest U.S. state measured by median household income , behind Maryland and Massachusetts ;

9198-480: The financial and human losses, the sinking had repercussions on the organization of the trust. Through the American commission of inquiry devoted to the sinking, Senator William Alden Smith openly attacked the very principle of the company and Morgan. As had been arranged before Titanic sank, J. Bruce Ismay retired as president of IMM in 1913 and was succeeded by Harold Sanderson Morgan died on 31 March 1913. After

9324-481: The financially troubled United States Lines and began consolidating its operations under that brand. The Atlantic Transport Line was dissolved in late 1931 and its ships were distributed throughout RIMM's remaining divisions. The American Line was merged into United States Lines in 1932, the Red Star Line was sold to Arnold Bernstein in 1934, Baltimore Mail Line merged into United States Lines in 1937,

9450-416: The firm had an initial capitalization of $ 120 million plus the proceeds of a $ 50 million bond offering. The old International Navigation was valued at $ 14.2 million including $ 2.5 million in cash and stock paid as commissions to Griscom and his close associates. By the end of 1903, the value of the IMM preferred stock dropped from $ 85 to $ 18 and the bonds were not selling. Morgan was unable to sell much of

9576-619: The first ten years of English rule took place along the Hackensack River and Arthur Kill . Settlers came primarily from New York and New England. On March 18, 1673, Berkeley sold his half of the colony to Quakers in England, who settled the Delaware Valley region as a Quaker colony, with William Penn acting as trustee for the lands for a time. New Jersey was governed as two distinct provinces, East and West Jersey , for 28 years between 1674 and 1702, which were part of

9702-458: The following articles: New Jersey is one of the most ethnically and religiously diverse states in the United States. Nearly one-fourth of New Jerseyans (22.7%) were foreign born , compared to the national average of 13.5%. As of 2011, 56.4% of New Jersey's children under the age of one belonged to racial or ethnic minority groups, meaning that they had at least one parent who was not non-Hispanic white. The 2019 Vintage Year Census estimated that

9828-588: The founding of the International Mercantile Marine Company, more commonly called IMM. (Constituent elements of IMM, including INC (chartered in 1871), had however been operating for many years already.) IMM was incorporated in New Jersey . Morgan's role evolved over the years. Being American, he could not directly own British ships, but he could own the company that owned the ships. In 1902, the IMM carried 64,738 passengers,

9954-508: The government for war service. Griscom also ordered new vessels and after the war refinanced the company. In 1899, J.P. Morgan underwrote $ 20 million in 5% bonds. $ 12 million was used to retire existing 6% bonds and $ 6 million was earmarked for expansion. By 1902, International Navigation's fleet consisted of 26 ships totaling 181,000 tons and carried more passengers than either Cunard or White Star. While International Navigation's Belgian and British subsidiaries were consistently profitable,

10080-579: The governors of New York, but this infuriated the settlers of New Jersey, who accused these governors of favoritism to New York. Judge Lewis Morris led the case for a separate governor, and was appointed governor by King George II in 1738. New Jersey was one of the Thirteen Colonies that revolted against British rule in the American Revolution . The New Jersey Constitution of 1776 was passed July 2, 1776, just two days before

10206-418: The highest annual median household income , at $ 96,346, of all 50 states. Almost one-tenth of all households in the state, or over 323,000, are millionaires , the highest representation of millionaires among all states. New Jersey's public school system consistently ranks at or among the top of all U.S. states. In 2024, New Jersey was ranked as having the second-healthiest population overall. New Jersey

10332-436: The highest number of millionaires both per capita and per square mile in the U.S., and the fact that it has the most scientists and engineers per square mile in the world. According to HUD 's 2022 Annual Homeless Assessment Report , there were an estimated 8,752 homeless people in New Jersey. The top countries of origin for New Jersey's immigrants in 2018 were India , Dominican Republic , Mexico , Ecuador , and

10458-542: The hotel business and is now known as Janus Hotels & Resorts. New Jersey New Jersey is a state in both the Mid-Atlantic and Northeastern regions of the United States. It is the most densely populated state and at the center of the Northeast megalopolis . New Jersey is bordered to the northeast by New York state ; on its east, southeast, and south by the Atlantic Ocean ; on its west by

10584-595: The major German and British transatlantic shipping companies. Responses in the United Kingdom helped intensify these rivalries. Cunard Line, one of the British shipping companies with independent significance, received grants from the British government for the construction of two great ocean liners, the Lusitania and the Mauretania , which were placed into service in late 1907. The competitive response from

10710-426: The middle of the decade. Further, the anticipated economies of scale from the merger did not materialize. In 1904, management was reorganized and IMM focused on White Star, the most profitable subsidiary. However, by 1915 the company was forced into bankruptcy court when IMM was unable to make debt service payments because the war disrupted cash flow from foreign subsidiaries. IMM survived and by 1917 profited from

10836-419: The most populous is Hackensack , with 46,030 residents. Many urban areas extend far beyond the limits of a single large city, as New Jersey municipalities tend to be geographically small; three of the four largest cities in New Jersey by population have under 20 square miles (52 km ) of land area, and eight of the top ten, including all the top five, have a land area under 30 square miles (78 km ). As of

10962-535: The new company owned 118 ships totaling 810,000 tons. This represented 20% of the total shipping on the Atlantic and a third of the passenger business. They also entered into revenue sharing arrangements with Hamburg America and North German Lloyd . On October 1, 1902, Morgan and Griscom announced that International Navigation was to be reorganized as the International Mercantile Marine Corporation of New Jersey and that

11088-415: The new enterprises. The timing appeared right for a large shipping merger. In 1902, another price war broke out when the Boer War ended and new vessels entered service. Backed by financing from Morgan's syndicate, Morgan and Griscom acquired the Atlantic Transport Line , the Leyland Line, the White Star Line , the Dominion Line, and half of Holland America . When combined with International Navigation,

11214-417: The northeastern United States. Hurricanes and tropical storms , tornadoes , and earthquakes are rare; the state was impacted by a hurricane in 1903 , Tropical Storm Floyd in 1999 , and Hurricane Sandy in 2012 , which made landfall in the state with top winds of 90 mph (145 km/h). Climate change is affecting New Jersey faster than much of the rest of the United States. Climatologists at

11340-578: The northwest of the state, to 7B near Cape May. All-time temperature extremes recorded in New Jersey include 110 °F (43 °C) on July 10, 1936, in Runyon , Middlesex County and −34 °F (−37 °C) on January 5, 1904, in River Vale , Bergen County. Average annual precipitation ranges from 43 to 51 inches (1,100 to 1,300 mm), spread uniformly throughout the year. Average snowfall per winter season ranges from 10–15 inches (25–38 cm) in

11466-597: The same time, the American Keystone Line was not profitable because of its higher cost structure. When the hoped for subsidy never came from Congress, PRR decided to reorganize American Steamship. In 1884, PRR offered to purchase 14,500 new shares in International Navigation for $ 725,000 to finance INC's purchase of American Steamship's four vessels as well as its name and good will. The money never actually left PRR's account because it

11592-533: The second state constitution was ratified and brought into effect. Counties thereby became districts for the state senate, and some realignment of boundaries (including the creation of Mercer County ) immediately followed. This provision was retained in the 1947 Constitution, but was overturned by the Supreme Court of the United States in 1962, by the decision Baker v. Carr . While the Governorship

11718-522: The shipping industry prospered in the late 19th century, some sought to create a trust that would monopolize U.S. shipping companies. However, all negotiations in this regard in the 1890s fell short. The intervention of John Pierpont Morgan, one of the richest men in the world, would change that. The Atlantic Transport Line, owned by Bernard N. Baker and having both passenger and cargo ships, competed intensely with British and other shipping companies. Baker tried to sell his company to John Ellerman, chairman of

11844-645: The signing of the Treaty of Paris , which ended the war. On December 18, 1787, New Jersey became the third state to ratify the United States Constitution , which was overwhelmingly popular in New Jersey since it prevented New York and Pennsylvania from charging tariffs on goods imported from Europe. On November 20, 1789, New Jersey became the first in the newly formed Union to ratify the Bill of Rights . The 1776 New Jersey State Constitution gave

11970-494: The south and near the seacoast, 15–30 inches (38–76 cm) in the northeast and central part of the state, to about 40–50 inches (1.0–1.3 m) in the northwestern highlands, but this often varies considerably from year to year. Precipitation falls on an average of 120 days a year, with 25 to 30 thunderstorms, most of which occur during the summer. During winter and early spring, New Jersey can experience nor'easters , which are capable of causing blizzards or flooding throughout

12096-414: The southwestern counties of the state, which reside within the Delaware Valley surrounding Philadelphia . Despite its heavily urban character and a long history of industrialization , forests cover roughly 45 percent of New Jersey's land area, or approximately 2.1 million acres (8,500 km ), ranking 31st among the 50 U.S. states and six territories. Northwestern New Jersey, often referred to as

12222-545: The state enlisted in the Union army; unlike many states, including some Northern ones, no battle was fought there. In the Industrial Revolution , cities like Paterson grew and prospered. Previously, the economy had been largely agrarian, which was problematically subject to crop failures and poor soil. This caused a shift to a more industrialized economy, one based on manufactured commodities such as textiles and silk. Inventor Thomas Edison also became an important figure of

12348-429: The state's ethnic makeup was as follows: 71.9% White alone, 15.1% Black or African American alone, 10.0% Asian alone, 0.6% American Indian and Alaska Native alone, 0.1% Native Hawaiian and Other Pacific Islander alone, and 2.3% Two or more races. Hispanic or Latino accounted for 20.9%, while White alone (non-Hispanic or Latino) accounted for 54.6% of the population. Many of the municipalities in Bergen County, New Jersey ,

12474-437: The state's median household income was over $ 85,000 compared to the national average of roughly $ 65,000. Conversely, New Jersey's poverty rate of 9.4% was slightly lower than the national average of 11.4%, and the sixth lowest of the fifty states, Washington, D.C., and Puerto Rico . This is attributed to several factors, including the state's proximity to the major economic centers of New York City and Philadelphia , its hosting

12600-548: The state, with the British later seizing control of the region and establishing the Province of New Jersey , named after Jersey . The colony's fertile lands and relative religious tolerance drew a large and diverse population. New Jersey was among the Thirteen Colonies that supported the American Revolution , hosting several pivotal battles and military commands in the American Revolutionary War . New Jersey remained in

12726-434: The state, but temperatures can, for brief periods, fall below 10 °F (−12 °C) and sometimes rise above 50 °F (10 °C). Northwestern parts of the state have significantly colder winters with sub-0 °F (−18 °C) being an almost annual occurrence. Spring and autumn may feature wide temperature variations, with lower humidity than summer. The USDA Plant Hardiness Zone classification ranges from   6 in

12852-433: The steamship line to Peter Wright & Sons. Clement Griscom was charged by the firm to manage the American Line as well as the Red Star Line. The former company, known as the American “Keystone” Line was unprofitable because of the substantially higher costs associated with operating American-flagged vessels. In 1884, the assets of the American Line were acquired by International Navigation. Two years later, INC also acquired

12978-418: The stock and bonds issued to finance IMM and was forced to remain active in IMM's management. Instead of the $ 10 million profit he expected, he lost money on the transaction. The problem was that IMM paid too much for the companies it acquired and struggled under the debt payments. The hoped for subsidy from Congress did not materialize and the company was impacted by the economic depression that lasted through

13104-666: The time. Ships of the company were also shifting from one company to another, like the Belgic , built for the White Star Line, which was transferred to the service of the Red Star Line under the name SS  Belgenland  (1914) , or the Regina became the Westernland . This allowed the IMM to schedule a ship each day from the United Kingdom, and passengers to change their tickets to a position equivalent to another vessel of

13230-470: The vote to all inhabitants who had a certain level of wealth. This included women and Black people, but not married women because they were not legally permitted to own property separately from their husbands. Both sides, in several elections, claimed that the other side had had unqualified women vote and mocked them for use of petticoat electors, whether entitled to vote or not; on the other hand, both parties passed Voting Rights Acts. In 1807, legislature passed

13356-640: The west by Pennsylvania across the Delaware River . New Jersey is broadly divided into the North , Central , and South Jersey geographic regions, although some residents do not consider Central Jersey a region in its own right. Across the regions are five distinct areas divided by natural geography and population concentration. Northeastern New Jersey, often referred to as the Gateway Region , lies closest to Manhattan in New York City, and up to

13482-865: The zeppelin airship Hindenburg crashed in flames over Lakehurst , and the SS Morro Castle beached itself near Asbury Park after going up in flames while at sea. Through both World Wars , New Jersey was a center for war production, especially naval construction. The Federal Shipbuilding and Drydock Company yards in Kearny and Newark and the New York Shipbuilding Corporation yard in Camden produced aircraft carriers , battleships, cruisers, and destroyers. New Jersey manufactured 6.8 percent of total United States military armaments produced during World War II , ranking fifth among

13608-436: Was Michiel Pauw , who established a patron ship called Pavonia in 1630 along North River , that eventually became Bergen . Peter Minuit 's purchase of lands along the Delaware River established the colony of New Sweden , that lasted until the Dutch conquered it in 1655. Then the entire region became a territory of England on June 24, 1664, after an English fleet under command of Colonel Richard Nicolls sailed into what

13734-402: Was a holding company that controlled subsidiary corporations that had their own subsidiaries. Morgan hoped to dominate transatlantic shipping through interlocking directorates and contractual arrangements with the railroads, but that proved impossible because of the nature of sea transport, American antitrust legislation, and an agreement with the British government. One of IMM's subsidiaries was

13860-561: Was a leader in the firm's shipping affairs and the chief force behind the creation of both INN and the chief negotiator with Belgian's King Leopold, von Der Becke, and Marsily to establish a subsidiary company in Antwerp beginning on September 19, 1872, under the title "Societe Anonyme de Navigation Belge-Americaine" (Red Star Line). The agreement established the Red Star Line as the exclusive carrier of mail service out of Antwerp to Philadelphia and New York. This subsidiary would provide most of

13986-556: Was also a leading industry during the middle to late 19th century. Bog iron pits in the New Jersey Pine Barrens were among the first sources of iron for the new nation. Mines such as Mt. Hope, Mine Hill, and the Rockaway Valley Mines created a thriving industry. Mining generated the impetus for new towns and was one of the driving forces behind the need for the Morris Canal . Zinc mines were also

14112-454: Was also refinanced with a $ 6 million bond issue to enable Griscom to order the two new 20 knot express liners required under the US mail contract and additional new vessels for Red Star. About half of these bonds were purchased by representatives of Standard Oil. When St Louis and St Paul were delivered, the American Line had the only weekly 20 knot service on the Atlantic. The timing for

14238-519: Was chartered in Belgium as the “Societe Anonyme de Navigation Belge-Americaine”. In addition to Griscom, the board included Thomas Scott, who in two years would become President of the Pennsylvania Railroad. Red Star's Antwerp–Philadelphia Service started in January 1873. Red Star took delivery of three new steamers built in England and supplemented its fleet with chartered tonnage. Red Star

14364-523: Was created by the Philadelphia ship brokerage of Peter Wright & Sons. A $ 1 million bond issue was guaranteed by PRR and the initial $ 1.5 million stock offering was largely purchased by a small group of Peter Wright partners and PRR executives. The new firm's affairs were turned over to a 30-year-old Peter Wright partner, Clement A. Griscom, who was also a close associate of Edgar Thompson, President of PRR. International Navigation's original plan

14490-557: Was credited with a revitalization of Hudson County and Jersey City . Urban revitalization has continued in North Jersey in the 21st century. In 2014, Jersey City's Census-estimated population was 262,146, with the largest population increase of any municipality in New Jersey since 2010, representing an increase of 5.9% from the 2010 U.S. census , when the city's population was enumerated at 247,597. Between 2000 and 2010 Newark experienced its first population increase since

14616-420: Was forced into bankruptcy when the war disrupted cash flow, but later was able to profit from the wartime demand for shipping. In the 1920s and 1930s, IMM gradually sold off its foreign subsidiaries. In 1931, it acquired the United States Lines , and merged all operations under that name in 1943. The company failed in 1986 and was liquidated when it over expanded in the cargo container business. In 1858,

14742-570: Was in better position to survive the depression of 1873 than the US-flagged American “Keystone” Line because operating as a US carrier resulted in about 30% higher costs. At the end of 1873, Griscom took over management of the American Keystone Line. In 1874, Red Star also started an Antwerp-New York service under a mail contract from the Belgian Government. Red Star thrived and by 1881 carried over 40,000 passengers. At

14868-509: Was merged the American Line and the company built two additional express liners in the US to create a premium weekly service, now routed to Southampton. Griscom believed that the major lines should be merged to control capacity and avoid rate wars. In 1899, he became acquainted with J. P. Morgan , an investment banker who was responsible for many of the large mergers during the period. With financing from Morgan's syndicate, in 1902 Griscom and Morgan expanded International Navigation by acquiring

14994-514: Was named the Province of New Jersey . Since its inception, New Jersey has been characterized by ethnic and religious diversity . New England Congregationalists settled alongside Scots Presbyterians and Dutch Reformed migrants. While the majority of residents lived in towns with individual landholdings of 100 acres (40 ha), a few rich proprietors owned vast estates. English Quakers and Anglicans owned large landholdings. Unlike Plymouth Colony , Jamestown and other colonies, New Jersey

15120-641: Was officially merged into the American Line. To strengthen the company's finances, International Navigation was reorganized in June 1893. The original Pennsylvania chartered company was replaced by a new corporate entity, the International Navigation Corporation of New Jersey with capitalization of $ 15 million. In July, International Navigation Limited was formed in the UK to hold title to the remaining British flagged vessels. The company

15246-620: Was populated by a secondary wave of immigrants who came from other colonies instead of those who migrated directly from Europe. New Jersey remained agrarian and rural throughout the colonial era, and commercial farming developed sporadically. Some townships, such as Burlington on the Delaware River and Perth Amboy , emerged as important ports for shipping to New York City and Philadelphia. The colony's fertile lands and tolerant religious policy drew more settlers, and New Jersey's population had increased to 120,000 by 1775. Settlement for

15372-535: Was ranked as the fourth most diverse state in 2024. New Jersey ranks near the top on both the American Human Development Index and the standard Human Development Index . According to climatology research by the U.S. National Oceanic and Atmospheric Administration , New Jersey has been the fastest-warming state by average air temperature over a 100-year period beginning in the early 20th century, which has been attributed to warming of

15498-620: Was still unpaid when the Royal Mail Group, which was overleveraged and undercapitalized, collapsed in the early 1930s. In 1930, IMM possessed 30 vessels. There were 19 in 1933 and only 11 by 1935. The ailing company merged with the Roosevelt Steamship Company , parent company of the Roosevelt Line , in 1931 to form Roosevelt International Mercantile Marine Company (RIMM). Later in 1931, RIMM acquired

15624-494: Was stronger than under the 1776 constitution, the constitution of 1844 created many offices that were not responsible to him, or to the people, and it gave him a three-year term, but he could not succeed himself. New Jersey was one of the few Union states (the others being Delaware and Kentucky ) to select a candidate other than Abraham Lincoln twice in national elections, and sided with Stephen A. Douglas (1860) and George B. McClellan (1864) during their campaigns. McClellan,

15750-695: Was to operate UK flagged steamers on the Liverpool–;Philadelphia route and to coordinate sailings with the American Steamship Company, operating as the American “Keystone” Line. Since Peter Wright & Sons was also involved in the early transport of oil from the Pennsylvania petroleum fields, Griscom had the support of the Standard Oil Company for his new steamship line. INC ordered its first steamer as

15876-527: Was used to repay the railroad for the American Steamship bonds it guaranteed. When the transaction was completed, the American Keystone Line became INC's second operating subsidiary. International Navigation's Liverpool agent was Richardson and Spence, who was also the agent for the Inman Line, one of the big three British flagged companies on the Liverpool–New York route. INC became

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