Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-23
THE TRUE INwARDHEss.
Especial Telegram to tie Glebe.

Especial Telegram to the Glebe.l
CHICAGO, Nov. "a Considerable excite
ment was caused in railroad circles BY the
sudden departure of Albert Keep, presi-
dent, Marvin Hughitt, vice president and
general manager, and J. b. Howe, attor.
ney of the Chicago & Northwestern, for
New York. All sorts of theories were adj
vanced as to the meaning Of their sudden
and mysterious trip to New York. Tho
general idea was that they had gone
thither to consult with Vanderbilt and the
other directors of their road regarding the
Northwestern trouble, but what they in.
tended to do or accomplish no one was
able to guess.
It is now claimed that the war between
tho Rock Island and the Milwaukee 4 st.
Paul was intentionally precipitated by
parties interested in the Chicago, st. Paul,
Minneapolis & Omaha line in order to be
able to manipulate the stock of that road.
'H it had not : been for
this fact it is claimed
the war regarding the division Of east
bound traffic from St. Paul and Minneapo-
lis would long since have been adjusted.
The Milwaukee & st. Paul it Is claimed.
as been drawn into the fight BY the shrewd
manipulation of the st. Paul & Omaha
people. The real contest is between the
Rock Island people and the Chicago Il
Northwestern for the possession of the
Chicago, st. Paul, Minneapolis & Omaha.
This line, the extension of the Chicago &
Northwestern from Elroy to st. Paul, is
one Of the branches which Vanderbilt, who
is one of the principal stockhold-
ers Of the Chicago & Northwestern,
has long been anxious to get
control of, and has boon purchasing all
the stock he could lay his hands upon. A
majority Of the stock of the st. Paul l.
Omaha road has long been held by stock
holders of the Chicago, Rock Island l.
Pacific, and they are now in control Of the
road. This accounts for the fact that this
company has thus far sided in the present
issue with the Rock Island, contrary to
the wishes of the Northwestern, which has
been siding with the st. Paul 1t appears
that some of the Rock Island stockholders
interested in the st. Paul d Omaha dis
posed of some of their stock of the Omaha
line long time ago, and found that Van
derbilt had gobbled it up. They
also found that Vanderbilt re-
ally held more of the stock of tho
Omaha line than they liked. Conse-
quently they inaugurated policy which
was to depreciate the stocks Of the North
western roads, aud thus enable them to
get back some of the st. Paul & Omaha
stock, which thsy had previously sold, and
thus prevent the Chicago d Northeastern
from gaining control Of the St. Paul &
Omaha line, and keep this line allied with
the Rock Island. It Seems that the Rock
Islandstock holders interested in the st.
Paul d Omaha have succeeded beyond
their most sanguine expectations, and
that they are now in a position to keep
the road from falling into Van
derbilt's control. The Northwestern
people, it is claimed, only found this out a
day or two ago, and, of course, it caused
excitement among them. They are now
VA SACAA Woy w XN0W XOKA W COuSulG v 6u-
derbilt and the stockholders of their road,
to soc what steps had best be taken to re-
gain their last ground and prevent the St.
Paul J. Omaha from discriminating
against the Northwestern interests.
1t is rumored that ii is proposed by the
Vanderbilt stockholders in the 81. Paul i
Omaha to make an application 10 the al
torney general of Wisconsin for tho re-
moval of tho present directors Of the St.
Paul d Omaha, majority Of whom are
Rock Island stockholders, for alleged
breach Of trust; on The ground that they
are sacrificing tho earnings Of The sem-
pany to influence their stock spscalatisns.
This is assigned as the reason Why Hssszs:
Keep and Hughitt took along With then
TO New York Mr.. J. Il. Howe, whe 10 their
Wisconsin attorney.