Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-11-13
GcULD's IMPORTANCE.
rhe Rally I'm the stock Values was
En-eEed Through Him

ne AAIttN IN Aut NAoNa NHAaN@ WV
EneeEed Through Him
New YORK, nov. 12.-One Of
the most imp ortan. Instruments used
for effecting a rally in the stock
values was the theory that Jay
Goull had acquired control OF the
Union Pacific Railway, based on
rumors printed in the morning
tap.rs. a Tribune reporter saw
Mr.. Gould this afternoon, and he
.t.ui.-.i the report printed in the
morning papers.
Have you or your associates
maize purchases which give you
control Of the URion Paeifie?" was
asked
81 have nothing to say about my
uTfrgts business Transactions,
Gould replied. CAN that / have
ever said to anybody rss that what
stocks purchased | paid for:"
"wIH you exert an influence
upon tue Union Pacific manage
ment or In any way directly or in
directly effect n change at the next
electiOn?"
Mr.. Gould smiled and hesitated
before his reply. 81 am acquainted
with some Of the largest stOcknoli-
ers In the company" he said. Il
might have sOme influence II L
chose % exert 1t. There Is great
dissatisfaction over the conduct OF
many Of the railroads. There Is an
uprising which ought to effect great
REFORMS in the management Of roads
that have enough business TO give
them the largest profits IL they Sc
cure proper rates. In tie southwest
we have mide progress toward Sc
curing an agreement which will e.
tablish stsble rates. There has been
no reference today that l know oil
on this subject. The progress re-
ported rs made today is probably
the result Of previous conferences.
The stockholders are aroused and
indignant over the result Of warning
rates. The best way TO express the
situation might be to say that u
railroad elections were 10 take place
now the result might be as surpris-
ing as were the recent political cleo
tons"
William Rockefeller, whose name
WIS connected with the fictitious
interview, said: $50 far as am
concerned, there is nothing in the
story. have not seen Gould, and
have no interest in the Union Pa
citlc."
Much was made in Wall Street on
what was said to be an evasion Of
the direct issue as to the Union
Pacific's control when questions
were asked Of Gould. The Union
Pacific has long been the subject OF
speculative rumors. The Wander
bits have been said to be seeking
its control, in spite Of official ueni-
ais given by them. Tine suppositi-
Gus contest for control between the
Vanderbilts and Gould legions has
failed to save the Union Pacific
stock from sharing literally in the
late slaughtered values.
Its common talk on the street
that there will be n change in the
Union Pacific management at the
next election in March. Dissatis-
faction Is frequently expressed with
the present managers, aud many
stockholders accept implicitly the
allegations Of railroad rivals that by
its surrender 10 the Chicago &
Northwestern the Union Pacific
has contributed the principal de-
moralizing element to the Western
railroad situation.
Some Wall Street persons 20 so
far as 10 say the dissatisfied stock
holders Of the Union Pacific are
sufficiently powerful TO force the
resignation Of Adams ~ president.
AS yet there Is no open evidence
OF organization for this purpose.
The Erenfng Post says: "The
story about the Union Pacific pass
ing into control Of Gould not only
lacks confirmation but We have the
most positive unquestionabie proof
that the whole story was merely an
invention. Nevertheless, we have
also good reason for believing that a
majority Of the stockholders are
dissatisfied with the present man.
agement and that a move will soon
be made to break up the contract
with the Northwestern"
George Gould refused to talk In
regard TO th.. report that his father
had secured control OF the ULion
Pacific. Russell Sage expressed a
belief that Gould had obtained con-
troll of the road and said that was
what was needed TO straighten out
the railroad situation.
The Tines this morning, In an
article on the financial situation,
says In substance that Mr.. Gould's
;nIal Of the story printed in the
Tines yesterday morning does not