The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-11-23
WHAT Will GOULD Do?
The Country Anxiously Awaits
the Masters Bidding.
UNION PACIFIC CHANGES FIRST.
Company Incorporated to Build From
Manitoba t. Alaska.
UNION PACIFIC CHANGES FIRST.
The Great Northern Has the PaciAe Short
Line-The Union Pacific Tunnel as
Olympia--summins mp at the situa-
tion in the Northwest.

Olympia--summins mp at the Situa-
tion in the Northwest.
OMAHA, Nov. 22.-lSpecial. u.s. 81. H..
Clark, vice-presidSnt OF the Missouri Pa
clfc, yesterday received q telegram 10 re-
PAR at once 20 New York to hold consuI-
tation with Jay Gould. Upon the heels Of
this telegram came another to J. n. Mil
lard, one of the board of directors of the
Union Pacific railway. and evidently from
President Adams. asking him to meet the
directors at Boston on tuesday next. Mr..
Millard will leave for New York this even.
ing.
Mr.. Clark left for New York Yesterday
afternoon. In conversation with an ex-
official of the Union Pacific railway. he
stated that while he had no definite infor-
nation upon the subject he had no doubt
that Jay Gould was in control OF the Union
Pacific railway, and that Sidney Dillon was
to be made president as matter OF vindi-
cation. and . vice-presidency would be
created. He thought that Mr.. Dodge, the
general manager of one OF Gould's Texas
lines, would come to Omaha as general
manager Of the Union Pacific.
BcsToH. Nov. 22.-Hon. Frederick L.
Ames was seen this morning upon the re-
ported reorganization of the Union Pacific
system, and admitted that it was true that
Adams was to resign. perhaps ct . meet
ing to be held Wednesday in Boston. His
successor has not been definitely named.
Adams will also resign from the directory,
leaving two vacancies. which will be filed
by the election of Gould and Russell Sage.
The Gould interest was not strong enough
to force reorganization. and has not done
so. The balance OF power rested with Ames.
and the change came as the result OF an
amicable agreement between Ames and
Gould.
CHICAGO. Nov. 22-fspecial. l-President
BreyfagIe, of the Monon, returned today
from New York. where he has been since
the beginning Of the financial furry. He
said:
The opinion Of those who know most about
the recent railroad deals, 10 that M Gould and
his friends have control Of al the trunk lines
west OF Chicago except the Canadiau Pacific
Of course. rumors are legion. but insiders con-
,ede what have just said. They axreo that
MI. Gould. Mr.. Ames and Mr. Sage absoiutely
control the Union Pacific; also that the Rookie
fellers Who own the Missouri. Kansas . 1exsa,
are helping The N rthern Pacd6c and the North
American IN such way - 70 aive then ON
troll. aud incidentally to put D ckers Howslls &
Co again on their feet That firm had over
$S000vc0 Of securities In excess OF their liabili-
ties, aud with he Rockeieileu controlling the
Northern Pacific aud the North American propl
critics these securiu = WIN rise TO the old pricea
Gould and huntington now eoltrol the Pa
cine Nail, and pertsce understandine sxisu
nsswesn ne swo - II = ~ eoaaheRn Racfds
The result Of these deals cannot help bainr
good one to the Western roads. Stable and 70.
munerafive rates will be established. The re.
cent financial troubles will have NO eject on
our extensions into the Indiana coal nelda We
are hard at work on them, aud viii complete
them as soon - possible.
President T. b Blackstone, Of the Alton.
said:
The present railroad situation msy b r.
earded - hopeful. BECAUSE it does not seem
poss ole for II to become worse Public eeuti.
mentis In favor of unresricted competition.
com binaiions which sre liable 10
fall to pieces Of their own weight It 10 more
shan probable that these two causes may ops
rate to overturn any consolidation Of the "
eral systems with . view to placing ab olute
control of the trsfic of the country in one man
or syndicate In my mind there 10 no question
tha the Interests OF the public would be better
subserved II ali the railroads were united under
Que control. either in -ividuai or governmental.
There would then be one responsible head, and
everybody won d know where to look to secure
by legislation, or popular sentiment . remedy
for any evil
Said Chairman Walker, of the interstate
commerce railway association, and an
ex-member of the interstate commerce
commission:
The vast changes of late in railroad control
section of the interstate commerce nw Mr..
Gould. If he has effected the reperted deals of
the past few days, Is simply taxing the best
course open under the law by which he can
protect his own interests and those OF the stock
hslders whom he represents. II the public,
which controls legislation. would realize that
there is no harm in pools under the supervision
and control OF State and Federal authority. the
rates consequently being just ard
reasonable, the present tendency toward
the consolidation OF vast railroad interests
would be checked. While pooling IA not the
panacea forsdisturbances among the railroads
which s sometimes claimed, IL tends to pre-
serve the Independent existence of all the diff
ferent lines. and to prevent discrimination
among shippers. The anti-pooling section of
the law has proven q failure. Agreements of
that character should at once be legaiized, bat
under Federal control, aud commission should
be formed to cancel them ii they are used in any
way 10 the oppression OF the public 1t is not
possible in any other way to prevent speedy
concentration Of tn entire railway control OF
the country in the hauds OF few individuals