Daily globe., 1883-11-03
Gen. Ha,spgs Statement.

Gen. Haupt's resignation, noted in the
GLOBE of yesterday, naturally created
good deal of talk around the Northern Pa
cific Offices yesterday, and there was much
gossip and conjecture as to the cause,
though the general opinion was that it was
due to the new economic measures intro
duced by the management during the re-
cent raid upon the stock of the company
on Wall street. A reporter of the GLOBE
called upon General Haupt yesterday and
was furnished by him with the following
statement:
The whole difficulty arose from the cap
italists and the syndicate expecting imme-
diate returns on the completion Of the
road, whereas as it was necessary that the
country should be settled and properly de-
veloped before the returns could be very
large. The road was really constructed in
very superior manner for new road but
but much remains to be done before it
could be considered completed. By sus-
pending this work at this time the operating
departments necessarily rilyembarrassedwhile
the necessity for the construction is only
postponed. There is no real economy in
so doing,but on the contrary true economy
would dictate that the work should be
done at the proper time as we'll as in a
proper manner. The conditions on this
line are peculiar in this respect, that the
only period in the year whenthe work can
be done on the track is the few weeks in
| tervenlng between the drying up of the
| water in the spring aad the commence
ment of harvest, at which time all section
hands leave for the harvest fields. If the
work is not done during July, in putting
ths track IN order it must be postponed
for another season, but unfortunately this
period is that of the minimum business
and receipts, and the reduction of receipts
and increase of expenses. At the same
time probably created the impression that
the management was not sufficiently eco
nomical, and led to an order to cut down
the forces in every department Feeling
that l could not comply with
the expectations of the new
York capital sts, of making brick without
straw and could not do credit to the man
agement without sufficient means to work
with l preferred to retire altogether.
In reference to the future of the North
ern Pacific road after it's business is de-
veloped and the country settled up 1 think
there cannot be the shadow of question.
In Dakota alone the area naturally tribu-
tery to the Northern Pacific, with only one
fifth of the area under cultivation, should
produce from 25,000,0oO to 10000, 900
bushels of wheat for every 100 miles of
road and the length of the country capable
Of such production is 800 miles. The
amount of wheat up to the present time
has not exceeded four and one-half mil
lions bushels per annum east of the Mis-
souri,. The country is settling up very
rapidly but not fast enough to meet the
expectations and wishes of those who wish
realize large and immediate returns up-
on their investments. Their returns will
surely come, but time for the development
of the county through which the road runs.
is required.
feel much grstiisd with the results
that have been accomplished during my
administration. The order and discipline
that has been introduced, sthe regularity of
operations, the comparative freedom from
accident and the efficiency of administra.
tion in all departments have been notice
able. l am also satisfied that all the meas
ures that were adopted were in the direc-
ton of economy, and that nothing was un-
dertaken that must not be done, some
time, and probably under much less fa-
vorable conditions.