The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1899-11-17
TAKEN OVER" BY
NORTHERN PACIFIC
SeatIle'S Great Newspaper Now a
Piece Of Railroad Property.
THE OBSERVATION-DISCLOSURES SOLD
aaaaaasaaaaaa
Will Be Used to Fight "Jlm" Hill,
for All Of Which Oregon viii
Ije Thankful.
THE OBSERVATION-DISCLOSURES SOLD
Tacoma Ledger.

'hN"HlA istpkrE
The Seattle Poat-intelligcnccr ha
been sold TO the Northern Pacific rail
road company. H. e. Hughes. OF IN
law nrm Of struye. Allen. Hughes an,
McMlckcn, who are the attorneys o! IN
Northern Pacific az Seattle, onglnecre,
the deal and left Tor New York or
Tuesday night to arrange details. Tn,
price agreed upon for the paper II
iS2S.OOo. OF this amount. $4,000 wal
paid In cash for an option cKtcnding
to December ib. when the balance Of
the money Il TO be paid. This money
win come on, Of the treasury u ihs
Northern Pacific. and that corpora.
uon will control the dcstinies OF the
Post ln,elllgcnccr. II Ia expected the
transfer OF the property will be made
about December !. Edgar n, Pipcr
Will remain as managing editor OF the
paper temporarily, and II u probable
that he will be retained permanently
h. that position. This Is upon the au-
thori,y OF SIR. Hughes himself.
The changes IN the business depart =
men, will b. complete. Who the new
business manager will be IL not known,
but Il Is understood that he will come
from the East The policy OF the paper
under the new management viii be
sound money. rcpublIcanlsm ana the
Northern Pacific always.
The details OF the purchase are inter-
cating, 1, Ia a well known fact that u.
Z. Lamont. vice-pN~lent Of the North.
crn Pacific, has for some time desired
90 buy a newspaper in the state OF
Washington FOR his company. About
q year ago he authorized certain par
ties out here 10 open negotiations with
the Spokesman Review. He named a
ngure which hc would bc willing 70
pay and Il was liberal one. How
ever when Mr.. Cowics. the owner OF
the Review was approached and asked
To make a price for his paper. he de-
cllned 10 DO 80, Lamont was prepared
10 pay as high a. $4,000 Tor the bare
paper. without the building. but Mr..
Cowics would not listen 90 any propo.
sition and no offcr was made.
Lamont then turned his attention TO
the PoSt-Intcllignocr. and Il is known
that for the past six months he has
been investigating the property and
making his plans 10 buy e. Mr. La
mont Is a careful man. and Is not In
the habit Of putting money into enter
priscs bliudly. 30 when Il came to the
poin, Of closing the deal he suggested
20 his attorneys in Seattle that II some
Of the citizens OF THAI town. who had
expressed great faith In the Pos, Intel
ligencer and who had evinced an en-
thuslasiic ambition TO control It's des-
,lnies. would guarantee the interest on
the Investment for n term Of six years.
he would be inclined to put up the
rqpney.
The result was that some six or eight
ambitious politicians Of Seattle have
furnished this guarantee. and, in fact.
they have put up one half OF the t25..
0oO which was paid for the option. In
return for this investment ard guar
aniee they are TO have political con-
troi Of the paper, always with a view.
however, to the interests Of the North
err Pacific. II is also part OF the COM
pact that ths paper Is to be used to
further the interests Of the Northern
Pacific In Seattle and crowd jim Hin
into the back NJ all times. +. c.
Hughes the attorney FOR the Northern
Pacific, viii the be the active man in
charge.