New-York tribune., 1900-08-16
TWEED MAY BE SUCCESSOR.
TALKED OF FOR PRESIDENT OF SOUTH
ERN PACIFIC-NIR. HUNTINGTON'S
WILL TO BE READ LATER.

It is believed in Wall Street that the will Of Coils
P. Huntington will be read Immediately after the
arrival of the Princess Hatfield from Liverpool.
She is expected to start for New-York this week
Mr.. Huntingtons widow and adopted and his
sister, Mrs. I. E. Gates, in the city. H b
Huntington, first vice-president Of the Southern
Pacific Railroad Company, MI Huntington 5
nephew will reach here this morning from the
South. The dead mans other sisters, Mrs. Porter
and Mrs. Purdy, of Oneonta, will be here to-day it
IS expected.
When Charles H Tweed, general counsel and
second vice-president of the Southern Pacific Com
pany, was asked yesterday about the will he said;
Nothing will be done about the will until after
the funeral"
Mr.. Tweed was asked about the extent Of Mr.
Huntngton's estate. He was very rich man
was the answer, but It would not be proper for
me to take part in the appraising."
When asked about the truth of the rumor that
he himself would probably be chosen to succeed
Mr- Huntington. Mr.. Tweed said:
It is TOO early to predict what will eventually
be done by the directors and stockholders Of the
nephew. H Huntington. as first vice-presdent
Of the road, will become the active head Of the
the active manager Of the coHpanT. and is thor
oughly capable OF taking greater responsibilities
The prediction was freely made in Wall Street
yesterday that Mr.. Tweed would be the new pres
ident Of the Southern Pacific Railway Company
It was said that nearly all the directors Of the
company i've IN this city. and that H. E. Hunting
ton would probably be more useful the executive
head Of the system in San Francisco. It was sug-
gested that Mr.. Tweed is recognized in railway
circles Of the brainiest lawyers in the couu-
try. and that he is on most friendly footing with
the Speyer interests in the company, and these
interests are conceded to be powerful. Being in
4 sense, the representative Of the Huntington in
terests already II said that he combined more
elements Of strength than perhaps any other off,
cial in the company. Il is said that the speyers
are disposed TO make themselves felt 10 a greater
degree than heretofore As the financial
agents Of the Southern Pacific system. it is as
serted that their position is Of far reaching
potentialiCy. and that II they favor Nj Tweed as
Mr.. Huntingtou's successor he is likely to be
chosen.
Il is believed IN railroad circles that any
important change will be made in the admins
tratve staff of the Southern Pacific. It was said
that every important officer in the company had
been with the company for nearly twenty years
sad that Mr.. Huntington had selected men of
marked capacity. Railroad men said yesterday
that the Southern Pacific system had few difficult
problems Of construction before it, and that it
would not be so hard 70 keep up with the times
when the system was younger and was con-
meet early next week. but Mr.. Tweed said yes
terday that beyond adopting resolutions on the
death OF Mr. Huntington il not likely that
any business would De considered.
General Hubbard, Of the directors Of the
road, IS abroad Mr.. Tweed said yesterday that he
had been notified by cable Of the death Of Mr..
Although denaIs were made Yesterday that q
conference of the representa- Cfves Of the FInrrg-
for the purpose Of rendering any support needed
in the stock market. il IS nevertheless believed 10
that It was decided TO give all necessary aid How
well that arrangement was carried out is shoVa