Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-01-12
CHESAPEAKE AND OHIO.
IT'S FUTURE HEAD-MR. INGALLS,
SPEAKS.
Especial to virginian- Pilot.)


Especial to Virginian- Pilot)
Richmond, Va, Jan. 11-Among the
many rumors that are rife regarding
the Chesapeake and Ohio situation,
there is one that has originated from
an apparently authentic source, and Is
considered rs one of the most likely
steps in the proposed plan of rerorgani-
cation. y prominent railroader said,
when asked to express an opinion re-
gardng the situation: "Of course there
| are many plans that might be adopted
but from what can learn, and taking
into account what I Know,I have ar
| rived at this conclusion. If the Ches-
apcake and Ohio is to have it's policy
dictated by the Pennsylvania System
and is to be operated as division of
the Pennsylvania System, then the two
eligible men for the presidency of the
| Chesapeake and Ohio are Vice-Presi-
| dents G. E. Pugh and S. NJ. Provost, Of
the Pennsylvania lines, east. The
! chances are that either Of these two
men will be chosen if the Pennsylvania
Is to make the Chesapeake and Ohio a
division of their system"
II that would be done. what dispo-
sition would be made OF the officials of
the Chesapeake and Ohlo?" was asked
II think that the reorganization. as
proposed, would affect all more or less
II am, however, of the opinion thar
If the Chesapeake and Ohio is to be
operated as n division. then Mr. Stevens
VIII be made one of the vice presidents
| ana still remain as general manager"
IL the Chesapeake and Ohio is to be
operated distinctly, and as a separate
line. then what?"
IF that is to be. then T think Mr..
Stevens has the best chance to be
made president of the Chesapeake and
Ohio. OF course you understand that
TINS is conjecture, but 1t looks most
| feasible"
Another official said: 1--WE arc all on
the anxious bench. We do not know
what is To be done. and cannot plan
for the future. My opinion. however,
Is mat the present situation is due to
| INC failure of all other methods that
| had been adopted to maintain rates
and tariffs and this the present re-
ported consolidation OF interests Is n
linal resort to maintain the rates. Here
tofore ii has always been a case of the
fellow getting the goose. doing the
carving and this plan is proposed to
90 away With the state OF affairs that
has existed"
MIR. INGALLS, TALKS.
Cincinnati. Jan. I'm. T. ingalls,,
president of the Chesapeake and Ohio
and of the Big Four companies. ia y
reporter of the Associated Press TODAY
made the following statement concern
ing his past and future relations with
these railroads:
Ten years ago 4 combination. com
poseu oil the Vandcrbilts. Mr.. Morgan
ana others. including myself. bought
me controi oil the Chesapeake and Ohio
ranroad. We have held it for ten years,
ana have devoted largely of my Tim,
and work to it. 1t has grown from y
poor and WORKOUT corporation TO :,
strong and wonderful Railroads.&c. good
mat II has attracted the notice of
others, and we have Just sold our in
tercsts. While in the future expcct 10
be largely interested in the Chesapeake
and Ohio railroad. through certain in
terests that l represent. | do not nro-
pose TO nny longer be a. slave to its
service. or be responsible for its active
management
THE CHANGE.
This change may come in a month
or IN six months. Just when tho new
owners conclude they are ready to as
sumo the responsibility At the same
Tune, had thought when going out of
me Chesapeake and Ohio. [ would 20
out OF The Big Four and join the great
army of the unemployed But after
talking with Mr.. Vanderbilt and MIR.
Morgan, who have been my friends for
many years, and who advised and re-
quested me to stay with the Big Four
and with them, have decided 10 do so.
and shall remain as president Of the
l5is -Four which is to-day n Vanderbilt
institution and will remain So"