Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-23
THE TRUE INWARDNESS.
Especial Telegram to the Globe. !

lopcVA 4cltSr6lu W tAe OlOOo.l
CHICAGO, Nov. 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 ]. H. Howe, attor-
ney of the Chicago & Northwestern, for
New York. All sorts of theories were ad-
vanced as to the meaning of their sudden
and mysterious trip to New York The
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.
1t is now claimed that the war between
the Rock Island and the Milwaukee & 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.
If it had no. 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 &
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 tie Chicago & Northwestern,
has long been anxious to get
control of, aad has been purchasing all
the stock he could lay mis- hands upe1a 4
majority of the stock of tho St., PsGl l.
Omaha road has long been hsix by stesE.
holders of the Chicago. Rost tslesA- =
Pacific, snd they are now in co1da u 2as
road. This accounts for the fass thlS This
company has thus far sided in the WA Aesht
issue with this Rock Island, sonffsEa to
the wishes of the Northwestern, which has
been siding with the st. Paul. It appears
that some of the Rock Island stockholders
interested in the st. Paul s Omaha dis
posed of some of their stock of tho Omaka
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 the
Omaha line than they liked. Couse-
qnently they inaugurated a 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 they had previously sold, and
thus prevent the Chicsgo & Northwestern
from gaining control of the st. Paul s.
Omaha line. aud keep this line allied with
The i'':& 4-ial'd. Il seems tba. The Rock
is:ai.0atcck holders Interested in the ST.
z III Il Omaha have succeeded beyond
ti;eir most sanguine expectations, and
'ha. they are now in 4 position to keep
tie road from falling into Van
derbilt's control. The Northwestern
people, it is claimed, only found this out
day or two ago, and, Of course, it caused
excitement among them. They are now
on their way to New York to consult Van
aer5ilt and the stockholders OF their road,
to see what steps had best be taken to re-
gain their last ground and prevent the St.
Paul u Omaha from discriminating
against the Northwestern interests.
1t Is rumored that it is proposed by the
Vanderbilt stockholders in the St. Paul d
Omaha to make an application 10 tho at
torney general of Wisconsin for the re-
moval of the present directors of the St.
Paul d Omaha, majority of whom are
Rock Island stockholders, for alleged
breach of trust. on che ground that they
ars sacrificing the sarnings Of the com
pany to influence their stock spsealatisns.
Phis is assigned as the rsassa why ksssxs.
Keep and Hughitt took along with then
to New York Mr.. J. 81. Hews, whs 10 their
Wisconsin attorney.