The Dickinson press., 1883-11-10
GEN. HAuPT RESIGNS.
H,s Retirement From the Manage.
ment of the Northern Pacific Raj l.
rOa0 and the Causes.

HIS RetiremenG From the Manage.
ment of the Northern Pacific Raj 1.
ROAD and the Causes.
From the Pioneer prees, ID.
For some months past rumors have been
current that there were to be radical changes
In the operative department Of the Northern
Pacific. Yesterday tho first and most import
ant of the changes were made. It was the
retirement of Herman Haupt general man
sger, who on Oct 20 rendered to Vice Presi-
resignation Mr.. Haupt assigns as his cause for
retirement an inability to conduct the road in q
name creditable to himself and satisfactory
TO the company under the restrictions placed
upon him by the vice president by order of the
board of directors. The change went into
effect yesterday, and will be promulgated to-
day by the issuance of the following circular,
dated Nov. l, and signed by Vice President
Oakes:
Herman Haupt. general manager. having severed
his connection with the Northern Pacific Railroad
company, the undersigned. in addition to his duties
as vice. president. will for the present also assume
the duties of general manager. The correspondence
hereto annexed will explain the situation:
The correspondence referred to includes Mr..
Haupt's letter Of resignation and Mr.. Cakes
letter Of acceptance in reply thereto. Mr..
Haupt's letter, dated Dot 20, is addressed to
Vice-President Cakes, and is as follows:
have received from you instructions to curtail
expenses in every department.. to discontinue work
In progress and discharge employees who have
served the company. efficiently. The restrictions
are of such o nature that I cannot see how it is pos
sible to continue in the management and secure
results that will be at the same time creditable to
myself and satisfactory to the stockholders. As
VOn DfOnOH0 to 0aV0t0 a cnnsiderahlo nortinn of
your time. personally, to the direction Of opera
lions, 1t is clearly unnecessary to retain the SER
fore prefer to sever my connection with the COM
pany, subject to the conditions Of the five year con.
tract under which I assumed charge in 1881.
Mr.. Cakes replyis dated Oct 80. It is IS
follows:
l have received your communication Of Oct. 20.
The retrenchments ordered by the board Of di.
rectors are no doubt extremely radical. but they
are necessary. and II your plans for the improve
ment and protection of the property of the COM
pany, and the betterment Of the condition of its
feet, no one can regret the fact more than myself.
You have certainly labored zealously and intelli-
gently to advance the interests you represent. 1t
is true that I expect, as vice president, to devote
much time to the supervision of operations per-
sonally: and it is also true that, in view of this fact.
the necessity for your continuance as general man
therefore accepted, to take effect Nov. ] proximo,
and the conditions of the contract made with you
In 1881 will be complied with.
Mr.. Haupt was appointed general manager in
April, 1881, succeeding H.. E. Sargent, who
then retired. Mr.. Haupt at the time Of his ap-
pointment made q fve-years' contract with the
company. The contract was a binding one, as
by it storms Mr. Haupt's services could not be
dispensed with, without his receiving payment
for the full term of Office his contract called
fer. The sum fixed as salary was $15,OOOper
annum, aud it is to this stipulation in the con-
tract that Mr.. Haupt makes reference in his
Letter of resignation.