St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-02-14
LAST WONDERFULLY GoTTEy-R
STORY ABOUT THE NORTHERN
PACIFIC RAILWAY.
VANDERBILTS WOULD BUY IT.
ST. PAUL OFFICIALS PRoyorJNcE,
THE STORY ROT FROM TOP TO
BOTTOM.
CASE COMES UP AGAIN TODAY
In Judge Lacombe,s Courf in Now
York-Receiver Burleigh,s
Term of Office.

While 1t Is true that several fear
fully and wonderfully gotten-up tales
nave been printed anent the Northern
racine road since the resignation. some
Tune ago. Of Messrs. Payne, Cakes and
Rouse, it is very doubtful If any of
them, in the opinion of railway men,
more nearly approached the ridiculous
than what purported to be a local story
in morning paper yesterday touching
the actions Of several of the Northern
Pacific officials now in New York. Rail-
road men in st. Paul thought they
could easily recognize the story as q
telegram from New York with the date
line chopped off.
When it was seriously stated a week
or more ago that half dozen North
ern Pacific officials had sneaked down
BACK streets to the union depot train
yards, entered private car, and were
whisked through the depot Special
at tremendous rate of speed. and
with curtains drawn to defy detection,
smile went around among those who
knew. When later the news was given
OUT with the same seriousness that
receiver Burleigh would probably not
nght the decision Of the justices Of the
United States supreme court but would
abide by their action and retire grace
fully, the smile broadened into laugh
When, therefore, yesterday nearly
half-column of space was given to ex-
planning how the presence of Receivers
McHenry and Bigelow and General
Manager Kendrick in New York meant
that the receivers and bondholders
were to confer with a view to reorgan-
lzation, it was too much.
And that is not ALL After it is sagely
stated that the action of the court has
removed any obstacle which before ap-
peared to the receivers and bondholders
who desired reorganization, it is pointed
out that 1t has long been the dream
Of the Vanderbilts to add the North
ern Pacific system to their possessions,
thus stabltsh1ng a connection from
ocean to ocean. This seems" ex-
planned the fairy tales, ito be their
chance to realize their dreams"
With the Northern Pacific added to
their system, 1t quite properly resumes
the Vanderbilts would have a railroad
property far beyond anything that was
ever dreamed Of by any one else A
New York gentleman is made to stand
sponsor FOR the startling information
the Vanderbilts would be glad to OBJ
tain possession of the Northern Pa
cific, and that he is sure they would do
so II they could secure the property at
anything like its real value In his
opinion. the great bonded debt was the
sole objection. Naturally the story ex-
cited some comment Most of 1t was
hardly Of a complimentary nature.
Its the veriest rot from top to bot
tom," was the remark made by one
Northern Pacific man. There is no
need Of reorganization, and there has
not been the slightest talk of 1t as far
as l am advised. Why, even the boys
on the street know this. Messrs NC
Henry, Bigelow and Kendrick are in
New York, to be sure, but on regular
railroad business. The story about the
Vanderbilts attempting to secure pos
session Of the Northern Pacific is abso-
lutely absurd on its face"
President Marvin Hughitt. of the
Chicago & Northwestern, who was in
the city yesterday was asked If there
was any truth in the runnor that the
Vanderbilts were looking to acquire
the Northern Pacific, and he secuted
the idea as being too ridiculous for
serious consideration.
The postponed Northern Pacific case
comes up today in Judge Lacombes
court in New York. Word has been
received that there are great num-
Der Of cases on his calendar, and it
Is thought that he will hardly take
any action in the case at this time.
1t is probable that when the matter
is again taken UP he will extend to
his jurisdiction the authority of
Messrs. McHenry and Bigelow Some
comment has been made upon the fact
that Mr.. Burleigh seems loath to re-
sign his receivership.
The fact is that his term of office
ends with the making Of the supreme
justices order in the Western court.
Word has been sent here that Judge
Gilbert is at present holding court In
San Francisco, and that the order will
be entered upon mis- return to Port
land.
In the event Of any unusual delay
in making the order it is not impossi-
BILE that one of the supreme justices
may go to the West and make the
order himself, although this will prob
ably be unnecessary.
Until the order is made Burleigh
will continue as receiver, and no
longer.