New-York tribune., 1881-03-27
LEAVING WESTERN UNION.

RESIGNATION OF w. II. VANDERBILT,
HIS REASONS FOR GIVING UP HIS POSITION As
DIRECroR-s. F. BARdER ALSO LEAVES TIE
BOARD.
William II. Vanderbilt yesterday resigned his
position rs director OF the Western Union Tele.
graph Company. At special meeting of the board
the resignation was accepted together with that OF
Samuel F. Barger which was offered several days
ago. Frederick L. Ames, of Boston. was elected In
the place of Mr.. Vanderbilt but the other vacancy
was not filled. The news of the resignation caused
some surprise in Wall-st.; 1t was not generally
known. however, until after the close Of business
Mr.. Vanderbilt stated last evening to TRBuNs
reporter that there was no special significance in the
fact of his resignation.
"The action he said, was not unexpected, for
have contemplated resigning the Office for some
time l sold nearly oil my interest in the company
several months ago. and shortly afterward gave up
my place on the Executive Committee. My present
interest in Western Union is so small, and my time
is SO fully occupied with other business cares that
felt could not perform properly the duties of tbs
office In fact. 1 have not been able 10 attend Q
meeting of the board. except once since las. Octo-
Der. Aside from these reasons there Is no meaning
in the resignation and my relations with the com.
pany and its officers Of the friendiest Character
Ny son will remain member Of the board for the
present; certainly he has not yet resigned bis seat
Referring to his proposed voyage to Earepe. which
was assigned by some persons as the reason Of his
resignation, Mr. Vanderbilt said "The time Of
my sailing has not been fixed. have engaged
passage by several steamships, but on which viii
SAIL or whether indeed i ahal 90 at all this season.
l cannot now say. Tie whole matter is an-
decided"
President Green, of the Western Union Telegraph
Company, said yesterday that the resignation Of Nh
Vanderbilt at this time was somewhat of surprises
mir. Vanderbilt told me several months ago. d.
Green remarked, that he IDtended to give ap his
drectorshp IN the company but hardly sxpscsssa ssa
said TO me recently that he would have taken this
action before II he had not feared that his motives
would have been misconstrued. He favored tnc
agreement for the consolidation of the Telegraph
companies, and he did not wish TO DO tnas
might be considered indicative OF dissatisfaction
with that bargain.D
Speaking of the election of Mr. Ames as the sucs
cessor Of Mr.. Vanderbilt President Green added =
The election Of Mr.. Anes completes that part o.
the agreement by which the American Union Cem-
Gould and General Eckeft were admitted nrss aa ann
afterward places were made SUCCESSFULLY Tor husse,h
Sage and Sidney Dillon. MIR. Ames was the nisa
person named. and place has now been maoe Vii sJl
stop and think while whom we shall select " WV
place left vacant by Mr.. BargerD ~ - 80
Mr. Vanderbilt has been director OF the ss.cax sSx
Union Company about eight years, lie " mo.
in the board by his father and attf ~ ccrncIiu,
Vanderbilt member Of tho board nn tAssok 80 We.
not the direct successor Of fls grapafAthe pSs We
elected TO FIJI a vacancy thai had oceui5e1. 'a,us'
Il, Barger has been director for Ao0As lVur
ssS ssewsan Da sS saS Mi s
ssa direct representative o. 1ns = a''estols' -
Il est f4s 40 t3tt ~ .tsf fS2 ~ X Z