The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-27


tbrge great iE&uscoEsiZsnt24 lines and IL
GLIDING n rs personnel tbs foremost snan-
Gers ana railroad operators Of the day. 3
Just now occupying the minds OF railroad
wen from the ATLANTIC seapoaT1 70 the
Pacific coast. OF such absorbing interest
is the new factor u railroad affairs that
the Developments "a the A0Ts4n-E4u cGn-
tToEsrsy In the Northern Pacific sean TO
have been swept into the background COM
pistely. Z. indeed. they have not disappear
Cd altogether.
The combsaatian - rxputed to have as
its chief promoters both Hill and Morgan.
Authentic statements have been made that
these two gentlemen. the one. perhaps. the
greatest railroad operator OF the century.
TIE ofher surely the foxsnos. Inancier Of
his day. have entered into a combination
from whlch has developed mutually q
interests, q which every section OF the
West trsveTsed BY the Northern Pacidc
and the Great Northern railroads Is deep
- and vitality concerned.
II j. now said that the Northern Pacific,
;ha Great Northern and the Canadian Pa
cific figure In the railroad pool II Is pos
sibie that the election Of Lard Mount
Stephen, Canadian Pacific director. as a
director CT the Northern Pacific. meant
that the Canadian Pacific was 10 be here
after influenced by the alliance. The
Deutsche bank, which has been back OF
James j. Hi In many Of his opera tons. IS
q heavy holder CT Northern Pacific paper.
as well as Of Great Northern securities.
Into tins alliance OF roads comes now the
Chicago Great Western. which is TO form
the gateway fer the Northern Pacific and
Great Northern into Chicago. the CONNER
c!al and business hub Of the great Aissis-
sippi valley. Concerning the approaching
entrance Of the Chicago Great Western in-
20 the combination. an Associated Press
dispatch frcm Chicago says:
The Inter Ocean. in commenting upon
the Chicago Great Western road gives
currency 10 q report that the J. =. Nor
gan interest which now controls the
Northern Pacific. and the J. J. Hi party
which owns the Great Northern system,
are ia possession Of options representing
the controlling interest tn the Great
Western. This, Il Is said. viii perfect a
formidable combination which will min
inRizs competition In the carrying trade
OF the Northwest. The Chicago Great
Western viii give the Northern Pacific
Great Sorthern interest It's own line from
-. Faul 10 Chicago. II IS proposed by
the new combination 10 make an attempt
20 control the TRANSATLANTIC carrying trade
by means CT an alliance already perfect
cd and IN operation. with the Nippon
Yusen Ksisha. or japan Mall Steamship
Company. which has the largest feet and
the second largest tonnage rating Of any
steamship company IN tie world. In
kaisha Steamship Company brings 10 It's
partners monopoly OF the Interior and
coast trade Of Japan and China, and also
steamships to compete for the Indian.
Australian. Hawaiian and Northern
Astatic trade, with the object OF divert
Ing 70 the United States route the En-
EilSh and continental European traffic for
India Or Asa. which has heretofore
gone via Cape Town or the Suez routes"
During the past six months the affairs
OF the Northern Pacific have been brought
into unusual prominence because Of the
reported effort OF James J. Hill 10 OBJ
tain q controlling interest In the corpor-
etion. II has been said that Morgan
blocked It'll = game, ard that Edward
Adams. chairman OF the board Of directors
aided in the efforts made by the interests
cppc sed 70 Hlli 20 obstruct his plans. On
the strength Of information 20 the effect
THAI Mn had been successful. President
Edward Winter. Of the Northern
Pacific, who rad been selected
for that important position by the Nor
gan voting trust, resigned his Office last
June, publicly stating IS his reason for
50 doing that interests other than those
IN control % the Northern Pacific al the
time Of his election had since gained the
sseendaacy. Later. az q meeting Of tha
board % directors OF the company, Daniel
lamont. who vas said 60 be Hllfs man.
was Proposed TOY VIC fttF@fttHiaE1s NuA -
ttoa on the matter was deferred al the
eictation q Chairman Adams.
That 6 cessation % the controversy be-
tween Hnl and Morgan for the control %
the NcrfheFa Pacific vas brought about
by an arsicabis adjustment q their dit
ferences canno; 81 this cay Be DENIED
Iuaeed, every development 81 the afTsirs
OF ne company durlng the last few weeks
points 20 the truth q this statement II
is generally concealed tha1 q :. Mellea was
chosen a. a compromise man for president.
ard represents Morgan as well as The Hill
Interests IA the Northern Pacific. The
election e Lord 3IoUat Stephen IS one II
me dlresto-s brings the CaEadian Pacific
into the combination. II indeed. the men
vho control the stock Of this read were
rat a$~eadv represented on ERE Northern
Eacfde beard.
on tsa ~ all this comes the statement.
made yesterday by a Well-informed rali-
rred man. that Daniel Lamont IS % be
elected president % the Erie. which Is
eorrre9lasf - J. 2 Morgan, meanwhile
retaining Als position As wee president q
tra N0rthrrn PaclHc p g. stated that
Lamont ulil - Er tfsrEsu's active rep
rese~tatlve in th@ Erie
wa, VIII 5e the general manager urder
che new reELzae Is the QUESTION 90 greatest
sees~ns4 east now. Wen posted railroad
s-s saw that re- ussg be esther &C tnes9
gh~se rren-T - Tierua FORD. a relative
ana ~sese friaaH q President Meliens f.
n Underwood of gbe 500. ard George ".
Ts.ekfrs 3r formerly assist. 81 general sur-
.-f-tanaer& 81 the %aE-aegn Pacific ~ Ia
cora