, 1881-03-13
Vaughan Wins the So-Called
Wa1king-Match, Beating
O'Leary II Miles.
Gen. Grant Favors a Postpone
ment Of the Worlds Fair =.
Until 1854.
Proceedings Of One Of Beeohers Revival
Meetings-Romance of Poor =.
Young Man.
NORTHERN PACIFIC.

Special Dtspateh to The Chicago 1Tioane.
NEW YORK, March FL met one OF tne
old-tinle Officials OF the Northern Pacific
Railroad.at the Fifth Avenue Hotel TINS e'eh-
lng, and, casually lnQulrlng after Inc news
Of the day, was myself 1nterrogated rs to the
condition OF the road and its outlook. Not
being Inclined to be interviewed when had
set out for the purpose OF being tho lnterlew-
er, the question was disposed OF BY simple
negative, and a like question propounded In
return. This Yankee characteristic l1ao us
effect for. my friend, who was full. OF
information, quietly proceeded to unbosom
himself, but not until he had strictly
enjoined caution as to how and where his
statements should be repeated, for he didn't
propose, he said, t. get himself IN box
through telling what would be
OF INTEREST 70 TIE PUBLIC
II retalled in proper doses. 1t has been
limited about for some time past that there
were very qu1et anu Important negotiations
pending, or it might more properly oe stated
secret maneuVres Ill progress OF deVelopment.
relative to the transfer OF Tue controlling in-
terest IN lne Nortnerh racine hali"aS eoh1-
pany.. hepore mas Aialeu lue nau1e
OIL MI. denry sl4lalu' fFesluent
OF the oregon. RAILWAY 70 navigation
company Win Tile new SCHEME, put uesplte
Tile eHorts 70 uneartn TIE ACTUAL con"!tloh ot
al1alls' tney nave ooe'l pailleo a1 e'e!S tuln.
Some thirty uays ago thefe was a Slight ad-
vance mace IN lhe common sIoch. tl'en ri1hG-
ing at ABOUT ss' ana ,"lthlh n'e days IL LOOK
-.e AN :rf"AHD BOUND
OF nVe points, ltom which IL nus Rone on
unul now II IS ten points peSonu where IL
STOOD on the lot1 OF hep1uary' those VINO
sa" Ill 1nls 4 scnenae o1 solae KIM po1teho-
ing pig results, 1ouha' "nen lney came
to look': anto the analr' tnag' lt
was apparentlyah clean on Is race TOT tnefe
was no uhusua4 -e&citet1aen' III stoeh c4rcaes'
and tnele was apparently 1lo oespelate enoft
III proSless ~ eo!stln co"ei olucA u
nooga fight of year ago. But there has
been something back OF all ru1nors, beyond
question, in the connection of name Of Vii
lard with the new Northern Pacific deal, for
deal it you'd now appear to have been,
and one Of the largest, most quiet, and sue
cessful ones on record. Willard is President
Of the Oregon Railway d Navigation Com
pany, and
4 RAILWAY MANAGER OF EXCELLENT
ABILITY,
and financier Of recognized standing. The
syndicate he represents is composed Of the
Western or Pacific element in the Northern
Pacific Directory, and has for some time
past antagonized the New England portion
Of the Directory, who, under George Smith
of the Vermont Central, Hugh Allan of
Montreal, ,and others, identified with the New
England, and particularly Boston, railway
Interests, have souglltt to make complete and
unbroken system from Boston and Portland
to the Pacific Coast. So Willard, for the
Oregon Company, which saw here possible
chance to push itself in importance and ill
ffuence and secure power that would be of
great advantage, set about to get hold of the
common stock of the Company with view to
DEFEATING THE EASTERN REPRESENTA-
T1vEs,
and wrestling from their hands such power as
they mad in: the management OF the Com
panys aHalrs' Nhether ills has been act
ually done IS what cannot be stated with
the positfveness that would he necessary to
establish fact in court OF law, but all the
indications and general gossip point that way.
Mr.. Willard was asked yesterday it he was
buying Northern Pacific common, and he re-
piled that he was not. But this was beyond
question guarded reply to leading ques-
tion and calculated to deceive, as the SUBJ
Joined statement will show: \ letter from
Philadelphia to-day, written privately to a
prominent gentleman in New York by a
gentleman well Versed in financial matters
and with tile most reliable channels OF lnt0r-
nation, says that Willard himself stated
within the past two days that
he had secured enough to give
him majority of the common
stock of the Northern Pacific Company. lie
says the amount is over S27, 900, 900, and that
he is i'll position to make
A SUCCESSFUL. OPERATION
On the market, aud distribute the new stock
on 4 basis of 500 IS. Now, this comes from,
what the writer Of tue letter says is straight
channel, and the only inference that can be
cleaned from it is that, if, as Mr.. Willard
says, he is "not buying" he had