The morning news., 1892-03-15
TERMINAL NOT soooPEp.
It is Claimed it Would Be OF No Use to
the B. and o. y


the B. and o.
BALTIMORE, March 14.--In regard TO the
story, from Atlanta, Ga, that the Balti-
more and Ohio Railroad Company has got
control OF the Richmond Terminal, the best
information here is that there is nothing in
it. 1t is pointed out that there is no physi-
cal connection of the Baltimore and Ohio
with the Richmond and West Point Termi-
nal system, and it is asked, because Of this
existing condition, of what use could the
Richmond Terminal be to the
Baltimore aud Ohio railroad
even IL the latter owned every
share Of the former, when one could not re-
ceive from nor give to the other q single
pound of freight Saturday, 1t was claimed,
it was the Norfolk and Western that the
Baltimore and Ohio was after. Sunday it
it was the Richmond and West Point Ter
minal II is said here that 10 would be as
rational to talk Of the Baltimore aud Ohio
striving for the Texas Pacific. What could
be done with it without physical connec-
ton?
PRESIDENT MAYER's DENIAL
Charles f. Mayer, president Of the Bnlti-
more and Ohio Railroad Company, made to
the Associated Press representative here an
unqualified aud comprehensive denial that
there is any truth Of any kind. quality or
degree in the Atlanta story that "a deal has
been perfected by which the Richmond
Terminal property passes under the control
Of the Baltimore aud Ohio railroad. There
is not shadow of foundation in truth for
the report, or rumor, or story. or statement.
or whatever other characterization one may
choose to give the dispatch. 10 Is not true
directly or indirectly, remotely nor con-
junctively. And If you can command
stronger speech or more explicit language,
please use it to make plain thss fact. There
is not grain of truth in the Atlanta story
to which you call my attention.
Other executive officers OF the Baltimore
and Ohio Railroad Company are equally
unreserved in ying there's nothing In it
oAKMAN FOR PRESIDENT.
NEW YORK, March 14-Vice President
Oakman, of the Central railroad of New
Jersey, is himself authority for saying that
he has been offered the presidency Of the
Richmond and West Point Terminal Com.
pany. He said to-day that he had not yet
accepted the presidency, but 1t Is thought
likely that he will do so, as the changes re-
Gently made in the Richmond Terminal are
in accordance with his views. F. w. Olcott,
chairman OF the committee which formu-
lated plans of reorganization, would say
nothing to-day in regard to the proposed
new plan.
All the principal interests In the Rich
mond Terminal Company will meet to-
morrow in this city and the affairs Of the
company will then be adjusted. What is
known here as the First National Bank
party, consisting of Georges. Scott, George
r. Baker, II. G. Fahnestock and other bank
ers will come to the front ia Richmond Ter
Ininal affairs and will be given representa-
ton on the directory. There ia no frlc-
tion between any Of the large
interests and everything is expected to
more and Ohio-Richmond Terminal story
is ridiculed by every one bere 1t is stated
on all sides that there is not q shred Of fact
on which che story could hang.
INMAN TO RETIRE.
NEW YoRK, March IA, IL p. M.--John H.
Inman, who has for four years been presi-
dent Of the Richmond Terminal system, to.
day announced that he would retire from
that place. just when his resignation
would take effect was not stated, but the
Tribune will say It Was understood
that the change would be speedy.
There seemed to be little doubt that Walter
q. Oakmau, who was vice president Of the
Richmond and Danville before be accepted
a similar place with the Central Of New
Jersey, would succeed Mr.. Inman 10 the
responsible and difficult post which he gives
up. There will be a conference Of the
Richmond Terminal interests ia this city
tomorrow and the Issuance Of the
plan OF the Olcott reorRanIz ition commit
tee will not be much longer delayed. Mr..
Inman, in confirming the report Of his pro-
posed resignation, stated that he had tried
70 induce dr. Oakman 20 accept the presl-
de1cy ~ tho company last Noyembsr, but
he bad declined it AZ the time.