The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-08-27
CHICAGO NEWSPAPERS AGAIN
PRINT RUMORS ABOUT THE
GREAT WESTERN
THAT NEGOTIATIONS ARE ON
TO MAKE ITtAND THE WISCONSIN
CENTRAL PART OF GREAT
NORTHERN SYSTEM.
PREsrDENTlHILL HAS DENIED 1T.
President Stickney Declines to Say
AnythingsAbOutI t-COl. ClOugh
Doesn't Believe 1t.

The Chicago papers yesterday re-
ViVed the report of the alleged transfer
of the control of the Chicago Great
Western railroad to Great Northern in
terests. This same tale was sent here
some week or ten days ago, and was
shown to President Hill, of the Great
Northern, who said to a reporter for
the q b e that there was no truth in
the story, that the Great Northern was
not seeking to gain control of this Chi
cago line, and further that his road did
not need any further outlet to Eastern
territory than the five or six lines now
running between the Twin Cities and
Chicago. Mr.. Hill stated at that time
that the yarn was without the slight
est foundation in fact.
President A B. Stickney, of the Great
western, was asked regarding the
news yesterday, but, after reading the
dispatch through carefully, declined to
give any statement bearing on the sub
Ject. The matter which has just been
taken up again by the Chicago papers
is to the effect that the Great North
ern has secured control of the Great
Western, and that the Northern Pacific
has secured the Wisconsin Central, and
working hand in hand. The story
which was printed in the Chicago pa
pers yesterday is as follows:
"A gigantic railway consolidation
deal is being talked of in railroad and
financial circles. Negotiations are said
to be in progress whereby the Chicago
Great Western is to become to ali in
tents and purposes a part of Hills
Great Northern railway system, and
the Wisconsin Central is to be made
practically a part of the Northern Pa
clfic system. Thus both of the great
transcontinental lines west of ST. Paul
would secure direct outlets to Chicago,
and via the Chicago Great Western also
tC the Missouri river.
The Vanderbilts and the j. Pierpont
Morgan syndicate are said to be inter
ested in these schemes, and it is part
OF the plan whereby a consolidation OF
all the leading railway systems in the
country is to be effected under the di-
rection of j. Pierpont Morgan.
1T has long been the desire of Presi-
dent HILL of the Great Northern rail-
way, to secure a direct outlet for his
system of roads to Chicago. The Chi
cago Great Western would answer his
purposes better than any other road
now in existence. 1t would not only
give President Hills road a direct out
a good line from St Paul and Mime
apolis to st. Joseph and Kansas City,
Mo.
THE great boom Chicago Great
Western stock has lately had is said TO
be due to these reports.
THE English capitalists who hold all
the preferred stock of the Chicago
Great Western are said to be anxious
to have the road placed under the con-
troll of Jim Hill on the ground that
they would stand better chance to
get interest on their stock, not having
received a cent thus far.
THE consolidation of the Wisconsin
Central with the Northern Pacific
would only be renewal of the former
condition Of the two roads. The Wis
consin Central previous to it's being
placed in the hands of a receiver was
a part of the Northern Pacific It IS
the natural outlet for that road to
Chicago and also connects with it at
Ashland, Wis, giving it a direct and
independent line from Duluth to Chi
cago.
president Hill is known to have con-
siderable influence with the new man.
agement of the Northern Pacific and.
by securing different outlet to Chi
cago for that road from the one used
by the Great Northern, the proposed
traffic alliance between the Great
NOrtnefn ana the Northern Pacific
would be greatly facilitated. Both the
Wisconsin Central and the Chicago
Great Western now use the Grand Cen
trail station as their Chicago terminal
1.-The Great Western crowd which is
composed of A. B. Stickney, Ansel OPP
renheim, Arnold Kalman, of ST. Paul:
the Wormsers, Of New York, and a
syndicate of London capitalists headed
by William Lidderdale, governor of
the Bank Of England, are credited
with clearing more money out of this
deal than all the profits and loss or
the Chicago board of trade since wheat
went on the rampage
Col w. P. Clough, when seen con-
corning the story, said:
LAS far as the Great Northern is con-
cerned, 1 know there is no truth i'll
the report. sAs to the Northern Pa
cific, 1 believe there is nothing in it.
The transcontfnental roads have more
interest in there being six competing
lines between st. Paul and Chicago
than to own a single line, which must
compete with others. The Vanderbilt
interests already control the North
western line between here and Chicago
Mr.. Morgan has practical control of
the Milwaukee, and I do not believe
he wants another. The story is i'm
probable from any standpoint