The sun., 1900-12-26
CHANGES In OFFICIALS.
President Cassatt, of Pennsyl'
vania Railroad Co. May
Retire.
A Meeting of the Board of Directors
of the Company to
be Held To-
day,

Reports have been circulated that there
will be grand change all the way
around among the officials of the Penn
sylvania Railroad Company east and
west of Pittsburg January l. Monday
it was stated that these changes will be-
gin with President A. j. Cassatt and
go down the line to below division super
intendents. These reports emanate from
Pittsburg.
A meeting of the Board of Directors
Of the Pennsylvania Railroad Company
will be held in Philadelphia today and
according to,rumor, it will be followed by
the announcement of the changes. Mr..
Cassatt will retire as president, it is
said, and S. NJ. Provost, now third vice
president, will be elected to the presiden-
| cy. John L. ureen, first vice president,
will retain his present position, but with
this exception there will be promotions
all along the line.
The object of the retirement of Mr..
Cassatt, it is said, is to enable him to
accept new office which will be created.
This will be the craftsmanship of an
executive committee which will direct
the management of the properties that
have recently come under the control
of the Pennsylvania Railroad through
the purchase of stock or lease, and which
will be operated in harmony with the
combined Pennsylvania system east and
west.
The Pennsylvania Railroad has recent
lly purchased a sufficient amount of stock
of the Baltimore and Ohio and other
roads to obtain a representative on the
boards of the former rival companies.
1.-THE Vanderbilts are said to have become
lsimilarly interested in the same roads,
and it is inferred that the new commit
tee or board, of which Mr.. Cassatt will
lbe the chairman, will have control Of the
properties which have bee me allied
through the Pennsylvania and Wander
bilt purchases.
At the same time Mr.. Cassatt will re-
lsign the presidency of the Pennsylvania
!, Company, the lessee of the lines west
} and the vacancy will probably be filled
. by the election of James McCrea, who
lis now first vice-president. This will per-
} nit of the advancement. of the second
and third yice-presidents of the lines
west.
The vacancy in the third vice-presi
ldency will be filled, it is said, by the
Ipromotion of L. L. Loree, now general
! manager. On the west lines there will
also be promotions all aleng the line
lNfr. Loree's successor will probably be
either A. NJ. Schoyer, superintendent Of
the western division of the Fort Wayne
, or G. l.. Potter, general superintendent
, of motive power.
! The changes, which, it is said, will b,
! announced Wednesday evening" will con
+ stitute the climax of the plans which
have been under consideration ever since
the decision of the Supreme Court de
claring the famous joint traffic associa
D tion an illegal combination. After tha
y decision the great railroad fnanciers o
!. the country were forced to devise plal
= which would be legal and yet accom-
s plish the object of the various associa
6 tions. They decided upon the purchas
G of an influential, if not controlling, intel
It est in Ne various systems r---a havin
y completely the acquisition IL . are clio
d ing up tR details, which, it is said, wi
place NJ Cassatt at the head Of Il
most formidable combination Of railro,
interests In the country.