New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-09-28
AJAX NTH PRESIDENT vILLARD.
10 FEARS OF THE NORTHERN PACIFIC ALLOWED

no FEARS OF THE NORTHERN PACIFIC ALLOWED
TO DISTURB HIS GOOD SPIRITS
Henry Willard, president of the Northern
Pacific Raj road was at his office on Wednesday, but
having just returned after an absence OF several
weeks, he had leisure for anything except
the most urgent business TRIBUNE reporter
called on him a second time yesterday. "oh cannot
be interviewed" Mr. Willard said. cheerfnlly; there
have been lots of reporters here but have denied them
all"
"But while you we're opening the road the prices OF
your stocks have declined heavily" the reporter re-
marked
ado you know" Mr. Willard replied. :" I heard moth
Ing about 1t until l nearly homef dd not
receive letter dispatch from New York all the time
was away and days Twas completely out ofreacn
of the telegraph But Wall Street doesn't trouble me any
am not affected by II least but pursue calmly the
even tenor OF my way. You may say that am IN the
best OF spirits, and have fears for the Northern
Pacific"
IL has been r,mored IN the street that tho Oregon
and Transcontinental Company had been selling lts
Northern Pacific stOcFs."
Don't reoeat those foolish Wall Street stories The
company has not cold single share of stock but on the
contrary holds more to-day than ever
before. There Is reason why II
should sell them. for 1t bought them to keep
control OF the property. Yea know other stories about
share certificates III my name IL were selling the
namcl Why that Is the commonest operation by which
To conceal speculation. have something more TO do
than TO sign certificates Of stock do not think there
out that have been signed by me Withn the last
was said yesterday that you and Mr.. Gould had
II have not seen Mr. Gould for years saw some
where a statement made by him that he
had never bought or sold a share Of our
stocks; / believe 1t, too. really DO not
think that he has speculaed in the Northern Paclhc
stocks AZ all There have been n great many runors
about IT, but then there has been no foundation or tnem
SO far know" 49,
How do Won purpose TO fund the Northern Pactc's
floating debt ~ the reporter asked
THE Northern Pacific has no hoa'lng debt Mr.
Willard answered with much earnestnes lt has been
paid by the Oregon AID Transcontmental Company.
ting the consent OF stockholders When you see
special meeting called Tor that purpose purpose
No we do not contemplate anything or that
kind we not even discussed it. There il no need
of any new Of bonds because there is no noang
debt The Oregon and T'ranscontnental holds salts
factory Obligation Of the Northern Pacific Railroad as
in business merchant may borrow money
on his note consider every oDnsa.
god The road will at least fifteen millions next
year. ] have the utmost confidence in It."
In regard 10 the agreement about through rStes
which was made az the railroad conference at San
FrancIsco yesterday, Mr. Willard said 1t was our
and of course I pleased that 1t shonld DO
adODed there will be- nothing except peace ana mar
mony between the Pacific railroads RlteS from IN
E;st will be alike Portland and san FRANCISCO, pat
the transportation from Portland u san IRAN
cisco will cost almost nothing. We own our own YES
s,s and 50 cents doesn't cut much OF figure on
freight tina pays $40 ton. Tue agreement Is per-
fectIy satisfactory the Northern Pacific line'