The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-05-19

They're Worried Down There Over
Reorganization Affairs.
CARR TELLS THEM NOTHING
Jim Hin Smashes a Large Railroad
Rumor Between the Eyes In the
Presence of "Fioneer
Press" Reporter.

The story from Butte that Manager
w. II. Burns of the Montana Union
may receive the appointment of gen.
eral manager of the reorganized Ore
gon Short Line & Utah Northern and
establish headquarters in Butte, is wor-
rying the people of Salt Lake and the
friends of Mr.. Bancroft who thought
that gentleman had a dead cinch" on
the appointment. When the reorgan-
ization committee reached Salt Lake
the newspapers interviewed several
members OF the committee, and al
though they talked to the extent of sew
eral columns they said nothing to JUS
ufy the claim made by the Salt Lake
papers that the city could be head
quarters and Bancroft the man.
Have you decided to establish head
quartefs in this city?" asked one Salt
Lake reporter of Mr.. Carr, a member
of the reorganization committee.
II really cannot say whether head
quarters of the Short Line will be To-
Gated In Salt Lake city or not" was
the reply. But this is a great city,
and have no doubt 1t would be pleas
ed TO have us do So"
Have you decided as to who will be
the general manager of the SYSTEM"
mo, sir. As / remarked, we have de-
cided upon nothing. Mr.. Bancroft's
name has been mentioned to US for the
first place you mention, and others,
too, have been proposed. But at this
time l cannot say as to who will get
the place"
To another reporter Mr.. Carr stated
that the plan of reorganization was in
excellent shape and looked most en-
couraging for a quick and successful
completion. Speaking approximately,
he said that out of about $25, 900, 900 of
the company's bonds all save about
\, e, ~, q.
outlook was very bright.
When asked by the second reporter
IL Salt Lake would be made the head
quarters Of the company in case OF its
being a separate system, Mr.. Carr re-
piled that the question was an Import
ant one and would, of course, be con-
sidered most carefully, but that 1t was
matter that would have to walt UNI
I'll after the sale had been made.
When asked II Mr. Bencroft would
be the manager of the company. Mr..
Carr said his name had been frequent
ly and favorably mentioned for the
place but this appointment would not be
made for while. This question and
also the matter OF general offices would
be settled as soon as the sale took
place, or possibly before. He said that
the greater part of the work having
been accomplished, the completion of
the transaction would probably take
place In June. and that the change
would be likely to occur July /.
President j. j. Hill of the Great
Northern returned from the East yes
terday and substantiated the state
ment made by the Pioneer Press about
10 days ago, that w. w. Finley is to
become one of the prominent officers
or the Great Northern, and said in that
connections:
Eyes, Mr.. Finley is coming to 81.
Paul where he will be connected with
the Great Northern in the capacity of
second vice president. We expect that
he will arrive tomorrow morning. and
as soon as he arrives the details of his
work as TO what departments he will
have immediate charge of will be deter
mined and announced in a circulars
In regard to the published statement
that Mr.. Hill was TO become the
American representative of the
Deutsche bank and in that way secure
control of the Northern Pacific. and
that Samuel Hill is to be made presi-
dent of the Great Northern. as Mr.. Hill
Is to resign that position to accent the
agency of the Deutsche bank, and that,
through Samuel Hill and w. w. Fin /
ley, Mr.. Hill will still retain indirect
control over the Great Northern. the !
gentleman said to a Pioneer Press re-
porter: 1T is needless to dignity such
a statement with the word lie Any
one with brains can see the utter rldic-
ulousness OF such a statement, and IL is
wonder that, i'm case there are men
who will spend their time writing such
stun, that there are newspapers that
will print it,
The Illinois supreme court has inst
upheld the constitutionality of an anti
scalping law similar TO the Montana
law. A general passenger agent at
Chicago is quoted as saying that IL an
the railroads would join i'm a deter
mined effort to drive the brokers out
OF business the act could be easily ac-
complished but the trouble Is THAI
seven railroads out of every ten are
constantly dealing with scalpers and
consequently do not want them driven
TO the wall, and the majority of pas
senger officials will not say a word for
publication against the brokers lest
they incur the wrath OF these manipu-
lators.