New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-20
THE NEWHATEN'S CHANGES.
RUMOR HAS IT THAT THE NETWORK CEN
TRAL Will CONTROL THE
NEXT PRESIDENT


NeN-TIaven. Conn. Sept. ~ CSpeciaD 1T IS ru-
mored in this city among railroad mon and In
financial circles that sweeping changes will be In
order on the New-Haven road when the stock
holders meet I'm October The retirement Of Presi-
dent Charles p clark f. IS claimed by those who
hold this view will set In motion all the machinery
in and ont Of the road against n Clark sue
ceeding TO the place. ard VIII turn the manage
ment Of the road over to the New-York interests,
which have for A long time desired to secure con-
troll II IS said that quiet canvass Of the stock
holders has been going on for some time. with the
view 10 securing proxies for the annual stock
holders meeting. and that an attempt will be made
at that time 10 swing the road over 70 the control
OF Now-York owners. 4 man will be put in the
presidency. IT is said who will he able 70 handle
affairs 70 suit the New-York Central officials. and
who will take charge until some arrangement can
be made whereby lease Of the property can he
obtained
II is asserted that the New-York Central has
for years wanted the New-Haven system, and
that its property is invaluable TO the control OF
the New England traffic. The friction between
President clark ard the Network men has had
for IT'S basis n is said this difference Of opinion
on tho question Of policy IN relation TO other roads.
and particularly the New-York Central This frc-
ton has been pronounced for about three years.
and there was almost continual disposition to
crticise Nj Clark ior his financial management
directors at least two q the Connecticut members
~ the Board sharing in It. Several times attempts
were made 10 work Mr. Clark out ~ his place for
these reasons and II Is we'll known that his man.
agement Of the Boston Terminal matter nearly
resulted I'm serious disruption Of the Board, as
well as I'm his own res ,nation. Mr. Clark was
nearly forced 10 resign az that time. but peace
makers intervened and the trouble was smootned
over
r.- 10Y AT
rendered and he has put Il in tho power Of the
committee Of the road 10 choose his successor, II IS
generally believed here that some change will come
about that will throw the road over TO the control
avoid for the future AN friction on the various
points which the Ne~-York men consider 10 be i'm
N,w-Nork Central Will be formed goes without say
Ing. Whether that relation vii go further tha9
viii bring bout joining of forces Is probematical
IL is said that lease of the NeH-H Haven road IS
be fact in The near future IS readily believed N
this city. Al any rate, it is said some arrangement
road on tho same side of the fence as the Central
The Boston n.eI'S,@ NE ~ ,ht IA, "a 49,,
and Maine will have something TO say before this
Those who believe that Mr. Clark will SIN re-
main in control Of the situation after he resigns
viii be the logical successor 10 Pres.len Clark
be is also looked upon by the other party as n
b r m o ~ bs orf coHrnr dreeo
until some man close TO the New York Central can
be found. He Is considered 10 be stronger can
didate than either President C. 5 Meen Of the
Northern Pacific. who was yice-president here at
the time or President Lucus futile. Of the Boston
and Maine. both NJ whom have been mentioned for
the place icc-President Hall has had no expert
cnce IN railroadlu- outside OF the New Haven road
he graduated from Yale In 1866. and Immediately
wenf into the law IN Windham County. He was a
member 81 The Lower House AT Hartford and later
a state Senator I'm the seventies and early eighties
and was afterward given seat the Superior
Court bench In the State. His knowledge Of rail
road law and hie influence IN the Legislature made
him valuable man President Clark. and he
offered the vice presidency OF the road He has had
little actual brunt Of tho work the road since he
took the position