The San Francisco call., 1899-04-14
PURSUANT to that compact struck in
- New York City in February last be-
l tWenn C.anrPa @ CrOcker. reDreSent-

- New York City in February last pc
tween George c. Crocker, represent
ing the warning Crocker and Stan
ford interests, and c. P. Huntington, pres
ident of the Southern Pacific of Kentucky
and California and several other States,
Mr.. Huntington yesterday smilingly prof
fered to Mr.. Crocker another eXquisitely
gilded brick in the resignation of Nephew
H. E. Huntington from the first vice pres
idency of the Southern Pacific Railroad
Company of California. Mr.. Crocker ac-
cepted with thanks and submitted to his
election to succeed his rival.
Just what has been given Mr.. Crocker
in return for the absolute power he has
gladly laid at the feet of the crafty presi-
dent of the corporation most of the courts
of the country have so far been unable to
discover. The Southern Pacific of Cali
forna consists principally of its title and
Incorporation papers. It's capital stock
to the last share is owned by the Southern
Pacific of Kentucky distinctly different
and Independent organization. Every one
of it's lines in this and other States is tied
up in the bourbon corporation save the
eighty-mile narrow gauge road to Santa
Cruz and two or three other lines of even
lesser magnitude, which only operate
when the snow is light and little wind
blowing.
OF the dual corporation the Kentucky
company is the soul, if the Southern Pa
cific can be alleged to possess a soul, and
although it does not own mile of track
or a stick of bridge timber, it owns the
stock and has absolute administration
over every dollars worth of property the
Southern Pacific of California was lncor-
porated to protect
In the Kentucky concern, Mr.. Crocker,
by the deal of Thursday last, gained moth
ing but H. Z. Huntington's resignation
as assistant to the president and the
abolition of that position. He himself ad-
vanced not a peg, but remained as he has
been, second vice president. He gained
TO himself no power nor the hope OF any,
but merely ridded himself and the Stan
ford interests of a position and an Of
fetal that were personally obnoxious.
BY the resignation of H. E. Huntington
yesterday from the first vice presidency of
the California corporation Mr. Crocker
gained that office and the active manage
ment when the elder Mr.. Huntington is
in the East of about eighty miles of mar
row gauge track and it's rolling stock.
In return for these two questionable
concessions Mr.. Crocker has handed over
to Mr. Huntington absolute supremacy
of the entire Southern Pacific system TO
be swung for a year at least to which
ever end the crafty head of that institu-
tion may VIII it.
For a sop thrown TO his vanity and per-
sonal dislike he has given over to a man
who has time and again demonstrated
that he can use it to his own best ad-
vantage the votes and influence that Mrs
Stanford and his brother fought for years
to prevent c. P. Huntington from ac-
curing, and those faithful henchmen who
sit each year with bated breath waiting
their chiefs annual arrival are rubbing
their hands out of pure joy for their
oI,an nTNINr hn1r 1rcrlf
The compact made by Crocker in New
York carries with it the weight of Mrs.
Stanford's two directors votes, and she,
more experienced in the wiles and ways
of the man who robbed her husband of
his presidency and then tried to steal his
good name has sought to turn him from
a contract that would prove ruin before
aught else should come of it. To those
who are informed of the inner workings
of the big building on Market street the
conditions of the pact have been known
for weeks, and although Mrs. Stanford
and her advisers have argued with
Crocker and laid before him the fact that
c. P Huntington only quits a fight when
he is not beaten, he has persisted in his
course and the magnate's antagonists
have now lined up in a solid phalanX,
resolved to make the best of a bad bar
gain and. if possible, force him to extend
to Crocker his rights and privileges and
the same mede of power that he allowed
his ambitious nephew.
That Mr.. Crocker has been willing
victim to as clever a confidence game as
Huntington ever perpetrated is a fact too
patent for them to overlook, but it is too
late to get out of it, save by fighting it
through and if possible winning for their
inexperienced leader the presidents man
tie when he shall give up his faculties
to increasing age or be blotted entirely
from any but past considerations.
Nephew Huntington was designed by his
uncle as his successor and was consid-
cred by him an apt and satisfactory pu-
pill At this late day in his expensive
training it is not likely that the astute
old man will give up his fight to that end,
particularly when he has discovered how
much can be bought at so small price.
AS to his intentions with regard to the
administration of the Santa Cruz road
Mr.. Crocker has as yet made nothing
public, but a statement is expected within
the next few days.
AS a result of the meeting of the South
ern Pacific directors yesterday the list of.
officers of the California corporation is as
follows: c. P. Huntington, president;
George c. Crocker, first vice president;
Thomas II. Hubbard, second vice presi-
dent; N. T. Smith, treasurer, and J. L.
Willcutt, secretary.