Savannah morning news. [volume] (Savannah) 1868-1887, 1882-07-17
LOUISVILLE AND NASHVILLE.
DIR. StandIford, of Kentucky, Deny
ing that He IL o be PresIdent of the
Road,
Ne1p York World

d.. E. D. StaudifOrd, OF Kentucky, Vice
President of the Louisville, New Albany
aud CHICAGO Railway, arrived in this city
Yesterday on business connected with his
road 10 conversation with a World re-
uorter last evening he said that Mr.. r s.
Veech, President Of the Louisville, New
Albany and Chicago Road, is deslrous Of
retiring from the active management of the
road TO his kentucky farm Of 1000 acres,
and Dr. Standiford, though adverse to
accepting the position, will, in the course
Of few weeks. become President, unless
AIr Veech can be persuaded to retain the
place.
Notwithstanding DR.. Standiford's asser-
rion that his visit to New York was con-
pecfed entirely with his own road, in finan-
cfaI circles It has been reported that his trip
hears a direct relation to the prospective
change OF management In the Louisville
and Nashville Railroad. It has been re-
ported that Dr.. StandifOrd himself was
sbout to be msde President by strong
syndicate of stockholders, another rumor
being to the effect thai Mr.. H. Green,
the purchaser, at a price above the
present rates of the stock sold by
che city Of Louisville, is to take charge
OF the company. Still another report con-
pected Mr.. John E Green, President OF the
Louisville Board OF Trade, and son Of DR..
Norvln Green, President Of the Western
Union Telegraph Company, with the place.
Dr. StandifOrd, when questioned as 70 these
rumors, said that he had no knowledge of
Mr. Baldwin's intentions, and therefore
could not say whether he would withdraw
from the management or not. He denied,
however, most positively that he was him
self a candidate for the place, and said
that there was not word OF truth in the
stories associating him with the Presidency
of the road. As a matter of fact be did not
- ~ / on vii and N,@H hill.
stock, and had no connection with the road
since his withdrawal yesr aud half ago.
With regard TO Mr. T. II Green's position
DIR. Staudiford didlnot know whether he still
retained the 10000 shares purchased from
the CITY OF Louisville or not, nor had he any
kuowledge of any movement In behalf of
him or his namesake, Mr. John E. Green.
he was, however, inclined to believe that
there was 10 foundation for the rumors.
DIR. standiford Is the proprietor Of the
LARGEST farm in Kentucky, aud has made a
great deal of money out Of the farm. He
saws the crops IN b Ksntucky are In excellent
condition. that the same may be said OF the
Tennessee erops, and that his travels
through Ohio, Indiana and Illinois con-
vIneed him that there is no foundation Tor
any stories concerning short corn crop.
10 the lOWlsnds the corn has been injured,
bat in the highlands the yield Is
sufficient to eounterbaIance the loss
elsewherei the total will be tne
average. There is no question as to the
yield Of wheat, and the other crops, pota-
toes included, of which he has 100 acres
planted, are doing finely. He is therefore
OF the opinion that the railroads VIII,
II D-opeTiy conducted, do an extremely
profitable business in the transportation OF
the Western crops.
in closing the interview Dr. Stsndiford
no hot 70 ErnpW
nothing now, and wished to know nothing,
of the sffairs Of the Louisville and Nashville
Road, and could throw no light On the fu-
tuTe management Of the company.