New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-12-24
PRESIDENT MAYERS POLICY
TO FIGHT FOR THE WEST VIRGINIA COAL
TRADE.
NO CHANGES EXPECTED AT PRESENT IN THE
OFFICIALS OF THE BALTIMORE AND OHIO
Mr.. SPENCER TALKED OF FOR PREsI-
DENT OF THE WEST VIRGINIA
Try TELEGRAPH TO THE TRrsuxMJ T.

Baltimore Dec 23.-President Mayer Will not make
any changes at present in the Baltimore ana omo
Railroad official service. He says that he Will MAKE
no changes except those absolutely necessary While
the action OF Judge FTick and the Garrett party In
ousting Mr.. Spencer and the majority OF the members
Of the Investigation Committee is censurcd by many
prominent persons in financial and railroad circles,
credit given the president Of the company for
his high reputation as a business man and hnancier
II seems likely that George Dob. keim, the prcs-
dent Of the Reading Coal and Iron Company, brother
in-law Of Mr. Mayer and one of the new directors in
the Baltimore and Ohio, Will be made vicepres-
dent Mr.. Keim now has a salary OF $4,000
year, and some of his friends say that he would not
give up his present lucrative position to come with
the Baltimore and Ohio But this would not be
necessary The Baltimore and Ohio, by reason Of
It's present relations with the Reading, and its desire
to form closer ties with that company, VIII
seek in Mr. Keim the influence to accomplish these
results. The increasing business and improvements
and connections of the Baltimore and Ohio at Phila-
delpha render II necessary for chief officer to be
thoro The third vice president Mr.. Lord nov makes
Philadelphia his headquarters. Mr.. keim has his
office in that city The second presidency under
the regime Will be filled either by Mr.. Deb Kem
or Thomas King Vice President Orland Smith and
c. X. Lord will be retained
There is no truth in the story that Miss Mary
Garrett has placed SO Ooo 900 Of her private fortune
at the disposal Of the company, as a loan to save
borrowing again from the Drexel, Morgan syndicate.
1t is now learned that. aside from family reasons.
the Garrett party selected Mr. Mayer for the Baltmor"
and Ohio presidency because of his vast influence in
the coal trade president Of the Consolidated Coal
Company, and extensive mining operator. The
Consolidated COmpany's mines are In the great
buminous coal basin of Maryland. lying between
Davis and Savage Mountains The company has
capital of over l0.000000, and 1000 acros In
the big coal field and 1900 the smaller fields.
Connecting these fields with the Baltimore and Ohio
is the Cumberland and Pennsylvania Railroad. owned
h. fko fAafa Nfgrir rfa
Railroad Company, with its large mining interests.
the rival of the Consolidated. This road taps the
Baltimore and Ohio at Cumberland. Md, and their
coal is transported from there, is the Consolidated
COmpany's coal senator German. who Is largely
interested ir the Ves, Virginia Company, tried hard
10 secure possession Of the Chesapeake and Ohio
Canal owned by the State for use az road he'd 10
afford the West Virginia Company an independent
line to Washington and Alexandria. The Consolidated
Company the canal and Germans scheme failed.
The Gafretts and the Consolidated Company bitterly
opposed the efforts OF the West Virginia Company to
eet the canal President Spencer, however. would not
make strong fight against the West Virginia Central
and Il was in this that he incurred the dtspleasure Of
the CARROTS Mr.. Mayors policy viii be directed
against the West Virginia company and lively fight
promised between the two great coal producing and
carrying corporations; There is a report current
that Mr. Spencer will be elected TO the presidency
of the West Virginia Central Company.