The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-11-09
IT STIRS CURIOSITY.
Why Was There Such a Big Sale
Recently
OF SANTA FL BOEDS IN REV YORK

gpscuIatfons a. to What 1t Means
Col. Q. Il. Holiday Warmly AdvO-
Gates A. A. Robinson for President
OF the Read.
An unusually large amount of Santa
Fe bonds have been sold on the New
York market during the past ten days,
the heaviest sales occurring last Monday,
when out of the total sales of all kinds
of bonds amounting to 1881, 900 the
Santa Fe bonds represented $1.167,000
or nearly one-h half of the whole amount
The sales of these bonds are remark
able from the fact that they were made
OIL a falling market, and clearly point to
particular reason for their disposal.
What this reason may be issapparently
not generally known, especially in west
ern railroad circles, but the impression
seems to prevail that the sale of the
bonds is due to some scheme in connec-
tiOn with the reorganization of the road
The most plausible theory so far ad-
vanced comes from New York, and is to
the effect that the bonds sold are all of
foreign holding, aud are placed on the
market for the purpose of forwarding
q well laid plan Instituted by the foreign
bondholders to aid Messrs. Fleming and
Luden, who are now in this country, in
securing the control of the presidency.
The manner in which the bond sale
could affect the presidency is probably
not understood outside of high CONNER
cial circles, but it is known that in this
instance the bondholdera are "the power
behind the throne"
Edward Wilder, treasurer of the Santa
Fe stated that he had received no advices
whatever from New York concerning
the bond deal and that he therefore
could not express an opinion .on the
cause of the sale.
Colonel c. L. Holiday, who is heavy
stakeholder of the road, in speaking of
the matter said that he did not think that
the sale of the bonds was a scheme on
the part of the foreign bondholders. for
in his opinion they were not foolish
enough to throw away such a large
amount of money for the purpose of
accomplishing their object in seeuriE 2
the presidency of the road for Mr. JEFF
ferry Mr.. Holiday, like Mr.. Wilder,
was unable to offer a solution of the
reason of the sale.
In reference to the presidency, Col.
Holiday brought up a point which has
apparently been lost sight of to a certain
extent of late, and that is the possibility
of BIr. a. A. Robinson being rendered the
executive position of the Santa Fo.
He said: "a. a. Robinson is undoubt-
eddy the first choice of the people of
Kansas, Colorado, Texas, Arizona and
New Mexico for the presidency of the
Santa Fe. Whether MIR. Robinson would
accept the position or not is a question,
although he at one time stated to me
that he would not care for the position,
the statement was made in a manner that
admitted the possibility that, if it was
rendered in certain way, he might &C
cept. MI Robinson was practically
elbowed out of the Santa Fe when John
W. Reinhart assumed the presidency.
His return to the road would be a vindi-
cation, and vindicatio1 means a great
deal to such men. He is now making q
reputation for himself in Mexico, and if
he docs not re-enter the Santa Fe, it will
be only a question of time until he is
called to the presidency of one of the
eastern roads"
Col. Holiday believes that D. B. Rob-
inson is the second choice of the western
people for president