The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-09-18
JAMES J. HILL AND THE b. AND O
His Connection with the Road Only for tho
Purpose of Putting It on It's Feet.

His Connection with the Road Only for the
Purpose Of Putting It on Its Feet.
ST. PAUL.. Mimi. Sept. 17.-President James
]. Hill Of the Great Northern road got back
from Chicago to-day and made this statement
regarding his relations to the Baltimore and
Ohio Railroad:
ANY connection which I may have with the
Baltimore and Ohio lie simply for the purpose
of putting that road on its feet and making it
what it was at one time. one Of the most i'm
portant roads In the country. Recently 1t has
failed to such an extent that 1t was
an incubus. Any dealings I may have
with the Baltimore and Ohio has no
connection with the Great Northern. Neither
the Great Northern nor myself has any connec-
tion with any railroad between st. Paul and
Chicago. and. furthermore. l do not expect 70
have any such connection. Some one who Is
responsible for statements to the contrary has
an imagination that is altogether too vivid"
when questioned about the story to the effect
that he and other Chicago capitalists. together
road. had bought the Baltimore and Ohio
Railroad:
line is not to be q transcontinental line. but
simply the Baltimore and Ohio Railroad. There
p nc, deal CONCERNED with It relating, to the
and S9p oh 10 oscar 8. e Murray, o. receiver e0e sr't Of the
TOHU, anu uGutEdlu udLdBC William M. oEcSu
were in Chicago yesterday and held a confer;
ence with Norman b. Ream and James j. Hill
OF st. Paul at the Auditorium Annex. Messrs.
CoWen, Murray and Green left Immediately af-
terward for the Easta nd Mr.. Hill started for st.
CINc1NNAr1. O., Sept. 17.-President Bacon of
the Baltimore and Ohio Southwestern. Re-
celver Murray, General Manager Green. and
c Sazf; aeS Ps at RRs 81 9Rt ssffssRelSssl Rg !; f t6is = at tSne
noon. Al its conclusion. the following state
ment was made by President Bacon:
for some time with the New York committee.
Speyer d Co. and Kuhn, Loeb d Co.. bank
ers. and the receivers. In assisting in the
adjustment Of the affairs Of the Baltimore and
Ohio. came to this city partly in that connec-
ton; A. number Of representative men who
are identified with large railroad, manuiactur-
ing. and commercial interests IN the, North
the line Of the road had been for some time
negotiating for the purchase Of 2 very
s155sta6Pttiia a interest Ts e no in the Bf bsd
%ciusion.. Under the reorganization ample
means had been provided for cutting down
grades. increasing the capacity and facilities OF
the road and putting dUdnGm IL IN a. z condition ar q TO nsndlS
business. The reorganization managers had
also decided that. subsidiary lines, including
the Baltimore and Ohio northwestern. would
raneements to adjust affairs accordingly e Sc
cure capital TO put them In the same condition
as the main line were under way"
President Bacon declined to state the exact
the interest In the Baltimore and Ohio. but
said 1t was a much larger sum than S10,OO0,-
600. President Bacon declined to say posi-:
lively whether tHa 5rs the present pr EN- a reGs1SsTs N you'd tha
future. but admitted that they were In close
alliance with the new owners.