Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-12-01
s H. Il. CLARK DECLINES.
be Named. but Marvin Hughitt is
the Real Power.

st. Louis, Dec. Mr.. s. II. II. Clark,
one of the receivers OF the Union Pa
cific, today announced that he had been
offered the presidency of that COM
pany by the reorganization committee.
hut that owing to III health. he had re-
fused the position.
Chicago, Dec. 1.-The Tribune says
today.
Well defined rumors are in circula-
ton here that S. IL. II, Clark has posi-
lively declined to accept the presidency
of the Union Pacific on account of III
health, and that it has been practically
decided to put u. w. Winter lately
president of the Northern Pacific, in
the place he has heretofore held by
MIR. Clark.
The actual head of the corporation,
1t said, is to be Mnroni Hughitt,
president of the Chicago & North
western, who is TO become chairman o!
the board of directors Of the Union
Pacific
Omaha, Dec. 1.-President S. II. II.
Clark of the Union Pacific railroad
system did not come to Omaha yes
terday as had been expected. II is now
quite certain when he will be here but
certainly not until next week. Since
the foreclosure sale became an assured
fact up until Mr.. Clark's return from
the New York meeting with the re-
ceivers and the reorganization COM
mittee the only talk about presidency
of the company heard in Union Pacific
circles was that the incumbent's name
would be Clark Several events that
happened In New York and several
things said by men prominent in re-
organization matters during the last
week have tended to change this wide
spread opinion. 1t is now generally adj
mitted that Clark will not again be
president. A man usually keen gifted
~ n
tiers. says:
MUST REORGANIZE THE ROAD.
Il think that the change of the Union
Pacific to its new owners viii be fol-
lowed by a complete reorganization
The purchasers of the Union Pacific
were forced to pay $4,000, 900 more for
the property than they had counted on
The only way they can get that back
is to work II out OF the property. To
successfully accomplish this tremend-
Gus task. a reorganization of the rail-
road Will be absolutely necessary. This
reorganization may be gradual but It is
bound to come. | do not say that any
of the officials here will go-I hope
not-hut they are very apt to have
authority curtailed by the placing OF
new men over them. There is n good
deal of talk about Northwestern
man to take charge of the property.
presume this IS based on the fact that
Northwestern is the only active rail-
road man on the committee having tenn
norary charge of the road. But Wins
low & Pierce. attorney for the Gould
interests Is also a member of that
committee. To NV mind Jacob s. SchIff.
the eminent financier of Wall street
is the most powerful member of the
committee. What he SAYS is likely to
have the greatest weight"
There has been n great deal of talk
Of Horace G. Burt the vice president
Of the Northwestern. to the Union
Pacific presidency, Those who predict
Burt's election argue that President
Hughitt wants to take care of H. C.
Mccullough. general traffic manager
Of the Northwestern by making him
third vice president TO succeed Mr..
Burt
Edwin w Winter. formerly president
of the Northwestern Pacific. is still
named by those familiar with railroad
matters Of an executive nature. They
predict the election OF Mr.. Winter
either rs president Of the reorraniza-
tion Union Pacific. or ma chairman
of the board Of directors. Tho lists are
filled with half dozen candidates and
in order Of reasonable probability they
seem to run like this: Edwin w. Win
ter. Horace G. Burt. S. II. II. Clnrk
Edward Dickinson, VIM. II. Truesdale
ard Oliver w. Mink.
IT has Just developed that Horace
Burt has onened IN onlcc here In tho
same building with the Ellthorn ON
GERS, hut on another floor. and is there
with private secretary and
clerks.
CLARK LEAVES THE u. p.
st. Louis. Dec. i.-Rumors which
have been received over since tho I'm
ion Pacific was bought by the reorgan-
igntion committee were set at rest to-
day by the announcement that s. II. II |
Clark had declined the presidency Of
the road For some time Mr.. Clark
refused to DENY or confirm the rumOrs,
and every effort was made by tho
to induce him to accept
the position,
To-day he announced that his de-
cislun was final III health, due to the
heavy work imposed on him for many |
years. is the reason given for his re- |
fusal 10 accept the presidency
Mr.. Clark sewers all connection with |
the Union Pocihc and will remain In |
st. Louis II is not known whether !
or not he viii return to the Missouri
Pacific, Of which he was vice president |
and general manager for many years. /
MAY NOT BE WINTER.
st, Paul. Mimi, Dec. 1.-The impress |
against the truth of the report thar
ex-Presldent p. II. Winter Of the I
Northern Pacific, is to be president OF /
the reorganized Union Pacific sygtom. |
A similar report was affirmed and de-
-.