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Titanic was an American-owned ship, not British. Owned by the white Star Line which was owned by the International Mercantile Marine, which was owned by J. Pierpont Morgan of New York.

From "Titanic and Other white Star Line Ships"

The Owner:

John Pierpont (JP) Morgan. American financier and founding owner of the International Mercantile Marine Company. (IMMC) This company was the controlling trust and retaining ownership of the White Star Line, Red Star Line, Dominion Line, American Transport Line, and the Leyland Line. Although Titanic was actually an American owned vessel, Morgan kept the ships of his trust under British registry with British crews. This was in order to escape being accused of violating the American Sherman Anti-Trust Act of 1890. (The act that took down J.D. Rockefeller's Standard Oil Company) Most of the vessels flew both American and British flags with the White Star Line burgee. Morgan also owned US Steel, General Electric and numerous banks and other financial institutions. JP Morgan and company continues to thrive today (JP Morgan Chase) Morgan had intended on accompanying Titanic on her maiden voyage but took ill. He died shortly after the Titanic disaster in 1913.

M.McEneny