Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1890-11-27
GOULD HOLDS UNION PACIFIC.
And Probably Controls All Trans
continental Traffic.

continental Traffic.
Charles Francis Adams to Retire from the
Presidency of the Union Pacific, and TO
he Succeeded by sydney Dillon--Gould
in Command.
New York, Nov. 21.-Yestercay' prog
nOstication that Jay Gould was to control
the Union Pacific Railway and Charles
Francis Adams was to retire from its pres
idency is authoritativey verified to-day.
The meeting of principal stockholders If
the Union Pacific in pursuance Of that
plan will he held next week probably not
later than Thursday. II is understood that
at this meeting Charles Francis Adams
will retire and be succeeded by Sidney
Dillon The new board of directors will
include Russell Sage, Jay Gould, Alex
ander u. Orr and Henry b, Hyde. This
board intends to appoint some young and
active railroad man as vice president and
general manager, whose headquarters will
be at omaha, The person to be selected
for this place has moi yet been determined
upon, but the cndeayor will be made to
secure young man of abundant railway
experience and Of tile highest capability.
The Vanderbilt people now admit that
Gould has got control of Union Pacific
One OF the parties named as a director said;
THE board will soon be reorganiaed. John
D. Rockefeller, working with MIR. Could
mas 'fought me ehanse ahol't, ne same
alltherlty states that ffea L. ames mas
agreed e inc Steps suggested ny Messrs'
htcheleller anu ipulus ne relilset 10
speak about the future policy Of the road
in regard to the Northwest traffic ugrec-
ment. Word comes from Boston that
! u, !eslteiit .iuanlS anu llIGclpr 4Alles ut-
cii t,' 70 pe lilleINleWe'l on 3ouid coup,
= NJ feiHafkapie acquisition 10 NJ
uolllii f.mi,liMilN riches ana power above
il2tel WI ne me petter eolnprehendcd
WITH u Is nl,l'feelstea tlal ne co.l!d vs.
com push sum illaH'erlN stroke 81 ran
WY illi''iltieIlhs AZ So small com afut. Ye
saeflltct; jay tt9ilu Is ana mas Deen az
veal ,.i n ~ me fate OF slHo
y liioil!!h, or Si-f."'Wm year. AZ llit Rhf
vai!htloh OF Union Faclhc railway sl99ck,
M w = = stetteI Vninatloli Dy iar tlah
Mr,,,'tIil -. ms n3ldlliEs o. u ior 20 10,
cent " telllu WIN 2l9,WHltVo3l-lust ~
ne SAYINGS rom hlS pfoilts-secllre
w iiialorltN % conItaroiilhS interest IN
. ~ shares q slpck. lnat colitrolllhE IN
.ertsl, ac,luireu on one ana one-thlrd
yynI T. Ptoi.ts, hltails tie colltrol, the
apsnlllte ule,atqfshlP, 81 z system OF
rialif9aus winch, Win their stocks
i, ana dlregtiN supserNlent conhec-
s sHi Nh ~ s'liiHaieht N Us Valuation 70
s-a2,NN'o,lAh y, =, ne " l%ard OF wall street
Iiilsht Wen aHord 70 ne awake nights
u .i.lr portion q me sixteen months ne
wts iaylile ,isioe ms savings ioeaptitfes uch
ptI1e' hence ne IS qSSaih the master
spirit on wal street When MI. Gould
s,' Prior 5e 70 ms retlfemeht on December
PSI, lSSa, the leading, operator IN stocks
.lit lil',5e aetiVe period 81 speeuiittlnn pre-
Nallgl tilat was ever known III the STOCK
iil.'l NJ " ll.tlier MS feappelraiee N me
slre. ~ means Hlg announcer Ereal speculative
el.ril y ~ ~ hail'i events alone Gan deter
nine. MS recent srliing ol STOCKS seems
70 nave neen only q trick OF SPECULATION N
oruer tliilt; as q seller VINO could hetP the
iiiafhep do"nWara, ne might Duy at
wholesale at almost his own favorite low
prizes;
" ~ tgteleHeu 70 fitteS on me trailscoll-
elmelllal ines Vt, ''onlu hihseiI Today
ttAuressea commence tlat me agreement
petWeeI the Presldents would pc renewed
anu strietly maintained WITHIN short
! ll..I ! h1er me new situation of things,
Win WI. .'Gnia eohlr9iling , mon and North
~ ttltitlE aiid admiittellS holalng large
letuer ~ NoHlhern racine nearly an the
roads Interested taNor restoration Of
rates; y only remains for the bankers to
eail inc presidents together.
VI. ',olliu Iaia that the missouri Paclfic
allu me Atcn'Soh had entered mo an
iagfc.encnt win reference TO The future
business polleN OF me Two roads, They
nave agreed that neither one shall build
my c9nlpctihS fo"as INTO the territory OF
INC .l, DINER Wlthet, the illl understanding
ana sanction ~ the other.
y u believed thnl with ttouldls direct
new relations and his practical control of
\ 9 ,I t'aclir through John ID, R9Gke,-
lelier me racine and Lfelr feeders viii all
pun logethef ia me formation OF trans
cOhtilienlal c9mpnati9h winch VIII prac-
tlcally control the transportation of the
entire country. George e. Magoun,