Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-10-24
Biz Transportation Deal Of Inter
national Significance
HARRIMAYS VAST PROJECT
Control Of Pacific Wan N'''u
Company Passes Inio hauo'
riman.yanderbllt Combination

New lNthf w" 81" .t|,.
control of the Pacific Mail steamship
.ompapy changes. g. Il. Hartman
succeeds Coils p. Huntington N'
Hartman and his colleagues have ''hsn
over a majority Of Pacific Ma'l 'lp''a'
soek Identified with b. Hartman ~
thg new big deal-one Of intarnaHoD''
.lrnlecapee-s william ~ vanderbilt
se9ues soon to follow will have TAR
reaching consequences
Under Mr.. Hunungion's direction 'n'
Pacific Mail steamship company was a
fender TO hts southern Pacific interest Is.
its opsratons subordinate to Nr hunt i.-
lnpt6ps great railway system. 40 W.
new control the company WIZ n Th =
scope never hitherto Contemp ate9, } y. ''e
ACQUISITION of the Pacific Mali s'e"l' l
ehip company makes possible me lm.l.'
date accomplishment OF hr Nahu'el-
blfs cherished plan OF a conunuius
transportation system-Vlflualy lnlt'
one management-fr0m the Alianug
through 10 the Pacific coast ana thehce
direct 10 the Far East y-,.s
The New York Central system, lluAy
10 he Union Pacific by the Chleaso
and Northwestern with natural auNii'
FAIRIES already possessed. viii now con-
meet with Pacific Mail steamships Ior
continuous transportation service 70
China and Japan. Philippine trade, Is
also. Of course, 10 be incidentally eV'"-
peted for.
Under Mr.. Hauiman's c0ntrol-con-
troll In which w. H. Vanderbilt Directly
particlpates-the Pacific Mail steamship
company's anairs viii be revoluilonlLeu.
More steamships-no one or two ou'
many-will be forthwith added 70 the
company's service. Most OF them
will be for Aslatlo trade.
II may be disclosed that James D.
hin. OF the Great Northern Railway, Is
also interested IN Mr.. iaTiman's pro-
ject. Mr. HIN and Mr. Hartman have
come into close aflHstl0n IN Chicago
and Alton. and IN Baltimore and ONO
reorganization undertakings and MT.
Hartman ie credited with giving more
heed 10 Mr.. Hills railway counsel, than
20 that Of any other transportation au-
thority Of the country
New York Oct gi-Now freight can
be taken from the port Of New YORK
across the continent by rail- without
bulk aud sent forward by
steamship 10 China and Japan-all UNI
der bin OF lading representing one
transportation interest The
Pacific Mail Steamship line becomes
thus practically a mere division" IN a
system from New York 20
Asia. Il Is therefore not improbable
that before long there will be q revival
Of the former reports Of consolidation
OF what in substance may be the same
between railway system from New
York 10 California. Several shares have
been notable on the New York stock
exchange and they have advanced sub
stantlally. Generally this Improvement
has been attributed to the fact that as
surances have come from Senator Han
ma and others Quotable as authorities
that as soon as Congress meets the
Hanna Payne shipping subsidy bill win
be passed No possible change In the
political complexion Of the Congress
elected next month viii have bearing
upon this program, the present Con-
gfess, In Us winter session, having the
power 10 enact the subsidy legislation.
though there are Independent observers
who doubt the ability Of Mr.. Hanna 10
hurry through his bin under any cir
cumstances.
however this may BE- the disclosure
OF Mr. harrlmans control OF the COM
pany makes clear the fact that dis
counting congressional action has not
Teen responsible for the advance In
racine Nails quotations Mr.. Harrl-
man and Nj Vanderbilt are credited
win having bought Pacific Mail stock
!aItely IN The open market after hay-
lns obtained at private sale block
VI we stock nom a representative OF
lhe huntington estate subsequent
purchases on the stock exchange have
s s' Lesponslole ior the activity and
srsagta The stock bought from the
t,aShuns.on estate Is said to have been
20 s1sh UT al an average Of close 10
sells important changes In the Der.
soAnsl OF the Pacific Mall steam'bip
soiapany are likely 10 be soon an
nOuleed The beard OF directors as NON,
S9lsy1gled Includes Henry Hart Isaao
1a'es Edwin Hawley. Samuel Tbc,rss
t, sSsss ssse George ]. Gould. G. n,
IN sel Neg York, and II. p. Schwer-
~ ny, " pan Francisco-the latter being
~ PRESIDENT and general manager
Ut hartman and ". X. Van5srbf,
q mY enter the directory
un w1sln ha~'ey, for years one Of T. p
S,'',i,sphs chief lleutenants can
, n1se lhe Pacific Mail Precedence 10 b.
VIZ s,eept Nr. Hawley is rreJn@5
e'm having recently deeiirs3 -
tbs ' rsai.l racine railway presidency for
Give IN ' n. NAT he was not WILLING IA
~, jug residence in New York
rr9,,. iis. l,lhaA went west immediafalv
cigo Ni Nae following his return pa.
In rSt Ne changes may be announcs5
,e ~ en'Vaso Mr. Hartman Mn ~,
tIoS,su'alites Of the Union parle6 m
r., 'S"so alq Northwestern s01 ~ WV W.,
, ..,s nh personally an" - KY
'' 1ss Great Northern assoe's,.s ~ '"'
pscisc MI NL Auntdstobs control IN,
fns5 ~ ''all company praetieauv con,
pereeW isiauons with the S6utb.r,
ve, 'le railway Under a usrr I'M, y
Ass'eee,Dul control. Il viii hav" ,''', IN.
'' Of various syHems '' 'n'
hAlLEYs BOOMERANG.