The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-08-10
DEBS PUTS IN HIS OAR.
Says the Santa Fe Has Violated
the Same Law
It Put in Operation Against
Ar. Z. Strikers.

NEW YORK, Aug. 10.-People interest
ed in Aichison gave greater credence To-
day to tie report that President Reinhart
contemplated resigning- As was stated
previous to the recent exposures he
would not resign under fire, but would
wait until he fully explained his position.
Ills health has not been ood Of late. and
his friends acknowledge that he is worn
out.
1t was said today that Mr.. Reinhart
had even gone so far as to consider the
terms III which lie would express his
resignation.
Among bankers and brokers the main
question was whether 4 change in the
reor rganization plan would be found nee
essary III view VI recent disclosures
The greatest sensation in the whole
affair was the letter written and sent by
Theodore w. Meyers. chairman Of
the Atchison Protective Reor-
kanization committee, to Presi-
dent King of the Union Trust com pany,
trustees Of the first mortgage Of the
AtchisCn, Topeka & Santa Fe railroad
company proper, requesting the reno
val of 1lessrs. ReInhart and McCOOk, re-
ccIvers, on the alleged ground that they
are irresp sponsible and unfit to hold the
position or to manage the business Of the
great road.
President King made brief reply to
Chairman Meyers, acknowledging the
receipt Of the letter. Both letters were
typewriter and given out for pubiica-
tion- AS soon as this came to the knOwl-
edge Of Col. McCook he informed all
newspapers and news agencies that the
letter was libelOus and that if published
the publishers or parties causing its
he hal -11 Ia
court A member Of the Meyers com
mittee stated that that committee in
tended 10 force Reinhart out of the
presidency and the receivership 1t was
also reported This afternoon that Presi
dent Male Of the Atlantic Trust cOmpa-
ny, who is a member of the Protective or
Meyers cOmmIttee, has stated that he
did not approve of the letter sent to
President King IN reference to the re-
moval Of the receivers. MIR. Male said:
Il was not present at the meeting and
knew nothing of the letter. l had not
seen il, but have not expressed any in
tentlon Of Withdrawing from the Meyers
committee, as has been reported. Had
known of the meeting and the letter
do not think would have approved of it
at this time"
1t is clearly understood that even
should President Reinhart resign the
presidency Of the Atchison system it
would not in the least affect his future
- 80 80 - ~ go IAotC Ill POI tzAs =
position now t'Hshan tn presidency. the
action Of t<sha - (, lzation committee
could affect ~ s5osItlon as the chief Of
1cer Of the -ompany, but it could not
touch him as receiver. 1t will necessi
tate legal procedure TO dIvest him of his
powers as receiver, and this must come
through the bondholders' protest and the
establishment Of allegations against his
fitness for 50 sponsible a position
Mr.. Thomas Barring Of the London
house Of Barring Bros. has said nothing
since lie has been here. This is perhaps
easily understood. as he and his Interests
have been friendly 10 Mr.. Reinhart, and
are largely ponsible for his incum bencv
Of the presidential chair Mr.. Barring. It
is said feels keenlv the reflection made
by the investigation Of the reorCaniza-
tinn committee. that the directors are in
a measure responsible for any misnan-
agement and the misleading accounts of
the road.
In spite of the warning issued bv Col.
NcCOok. the Herald publishes the letter
written by Theodore Myers. chairman of
the reorganization commitgee 1t is as
follows with one animadversion ex.
purged:
In the light of recent DEVELOPMENTS
we are impeled out Of a sense Of dutv
to ourselves and others whom we rem
resent as the Atchison Protective Re
organization committee, elected by the
stockholders OF the Atchison Topeka &
Santa Fe Railroad company. to REQUEST
you 70 petition the court for the removal