, 1890-11-22
RAILWAY RUMBLES.
Gould Undoubtedly Has Con-
troll of the Union Pacific.
President Adams Refuses to be
Interviewed.
Another Large Railway Pool
to be Formed.
Gould Has Control.

New YORK, Nov. 2I.-Gould was
asked this morning 10 reference to the re-
port that be had got control OF the Atchi-
son, Topeka K Sante Fe railroad. He
said that the report was erroneous, al
though he admitted that he owned a con-
siderable portion of the AtchisOn stock.
He said the Missouri Pacific and Atehi
son had entered into an agreement with
reference to the future business policy of
the two roads. They agreed that neither
shall build any competing roads into the
territory of the other without the full un-
derstanding and sanction of the other.
With reference to rates on transconti-
mental lines, Gould expressed confidence
that the agreement between the presi-
dents would be renewed and strictly main
tanned within a short time. Under tAe
new situation nearly all of the roads in
terested favor the restoration of rates. 1t
only remains for the bankers to call the
presidents together.
1t ia authoritatively learned today that
a meeting of the principal stockholders of
the Union Pacific for the reorganization
OF the board of directors will be held next
week. 1t Is understood that Charles
Francis Adams will retire and be sue
ceeded BY Sidney Dillon. The new board
of directors will include Russell sage, Jay
Gould, Alexander Il. Orr and Henry II.
Hyde. The new board intends TO APP
point some active young railroad man as
vice president and general nag
whose headquarters will be at Omaha.
The person to be selected has not yet
been determined upon, but an endeavor
will be made to secure a young man of
abundant railway experience and highest
capability. The Vanderbilt people ad-
NIT that Gould has got control OF the I'm
ion Pacific.
One of the parties named as a director
said: THE board will soon be organized.
John D. Rockefeller, working with Gould,
brought the change about" He refused
to speak about the future policy Of the
road in regard to the Northwestern traffic
agreement.
BosToN. Nov. 2l.-President Adams,
Director Ames and others all decline to
say anything about the report of the pro
posed transfer of the Union Pacific TO the
Jay Gould interest. President Adams
says: You may say [ decline to be in
terviewed."
4 DIRK NOV. Zl--lo a reporter
Gould this afternoon said: Il know
nothing as to whether Adams has placed
his resignation in the hands OF Ames.
Adams and Ames visited me yesterday.
The former expressed a strong desire to
be relieved from the office of president.
He suggested that he resign aud a meet
ing OF the stockholders for action up
on the resignation be called for mex week.
Dresuma If ii IA trne thar he has intruS.-
ed his resignation tie Ames a meeting will
be held. 1t is likely also that the vacancies
in the management will be filled. Dillon
has been mentioned as the successor of
Adams, 1t is probable that should Dill
Ion be chosen there would be elected
along with him a vice president who
should also act as general manager, with
headquarters at Omaha" Gould added
that such a move would make the relation
of his interests and the Union Pacific
closer.