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

Especial Telegram to the GLOBE
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 ]. 81. 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 AMI 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 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 &
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, aud has been purchasing all
the stock he could lay his hands upaA L
majority of the stock of tho St.. PsGl 4
Omaha road has long been hsIx by staSE.
holders of the Chicago. Roek IsiepI =
Pacific, and they are now in S6Ida u Eae
road. This accounts for the fast thIb This
company has thus far sided in thes w Aesfx
issue with this Rock Island, sonffsEa to
the wishes of the Northwestern, which haa
been siding with tho st. Paul. It appears
that some of the Rock Island stockholders
interested in the st. Paul & Omaha dis
posed of some of their stock of the 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. 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 they had previously sold, and
thus prevent the Chicsgo j. Northwestern
from gaining control of the st. Paul s.
Omaha line. aud keep this lire allied with
the i.n:& Island. It seems that the Rock
ls:ai.ostcck holders Interested in the St.
P4ul Il Omaha have succeeded beyond
their most sanguine expectations, and
that they are now i'll position to keep
the road from falling into Van
derbilt's control. The Northwestern
people, it is claimed, only found this out q
day or two ago, and, of course, it caused
excitement among them. They are now
on their way to New York to consult Van
der5ilt 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 Il 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 70 the at
torney general of Wisconsin for the re-
moval of the present directors of the st.
Paul d Omaha, a majority of whom are
Rock Island stockholders, for alleged
breach of trust. on the ground that they
are sacrificing the sarnings Of the sem-
pany to influence their stock spssslatisns.
Phis is assigned as the rsassa Why Nsssxs.
Keep and Hughitt took along With then
to New York Mr.. J. a. Howe, whs il their
Wisconsin attorney.