Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1901-11-30
UNIQUE RAIL WAY KING.
Traits of E. II. Hartman, Who
Led Fight Against Morgan.
QUICK. BUT ALSO DELIBERATE.
Now In the Van a Railroad Power r.
He Is Credited With PrL .ticaIiy
Having Dictated Terms In the
Northern Pacific Controver.y-Fn.t
Horses His Fad

/ horses His Fad
( Edward III. Hartman, who led TIE
railroad fight against J. Pierpont Nor
| gan and James ]. Hill. energies from
the conflict with the reputation of hav-
ing practically dictated the terms OF
the peace settlement and will now be
come. it is believed, the dominant fig
ure in the American railroad world.
says the New York World. Mr. Nor
ton. Individually he controlled a great
er total of railroad mileage than any
other man. Harriman's power in the
railroad world is now believed to ex-
coed Morgan's.
Mr.. Morgan's position as king of
finance is still secure. The man who
comes next to him is James Stillman
The ambition of Stillman is to outrank
Morgan as a money power, just as it
was Harriman's ambition to outrank
Morgan as a railroad power.
Stillman and Hartman are the clos
est friends. Each is secretive with ev-
erybody except the other They are
chums. Stiilman practically handed
over the Rockefeller millions to Harri-
man when the latter engaged in the
mighty contest to wrest the Northern
Pacific road from the control of Nor
gan and HILL
That was purely battle where the
side with the most money won. Harri-
man, to all accounts, won. Men close
to him said that If it had been neces-
sary Hartman could have covered ev-
cry dollar that Morgan and all his pow
erful friends could have raised with S.
Hartman is peculiar man. He has
genuine dislike of being made promi-
nent. He has been nearly thirty years
in Wall street, ever since he was nine
teen, but comparatively few know
him, even by sight. His personality has
been kept so inconspicuous that it
would seem that he has made a scien-
titic study of how to keep in the back
ground.
Nature has aided him in this He is
feet 4 inches tall, and he dresses with
a plainness bordering upon shabbiness.
He walks with head downward. his
face half toward the ground. In many
respects he is the physical counterpart
of Jay Gould, but is not quite as
swarthy. Neither is he as nervous or |
rs high strung. Hartman is quick. but |
also deliberate. He knows just what |
he is going to do at all times, how to
do it, and everything he does is COM
pleted with expedition, without any
show of haste or furry. He is calm at
all times.
Mr.. Morgan is a hard man to inter
view, but once in awhile he talks to the
public through the newspapers. Mr..
Hartman is a harder man to inter
view. No newspaper man has yet been
able to induce him to utter word for
on railroad or financial
matters Mr.. Morgan can be seen at
all times In his office. Mr.. Hartman
buries himself behind innumerable
doors, partitions and private offices in
the Equitable building. where the head
quarters of the Oregon Short Line are
located. He must know all about the
visitor and the latters business before
he can be seen.
He is the close personal friend of
William X Vanderbilt and practically
the Rockefellers in the rail-
road world. His financial associates are
the strongest. His business and per-
sonal relations With George Gould are
very close. and number of the large
banking interests with the most pow
erful connections abroad are allied
with him. notably Kuhn, Loeb Co..
the American representatives of the
Deutsch bank of Berlin
In other words the Nanderbilts, the
Goulds, the Rockefellers and foreign in
terests have used Hartman and his
mastery qualities as strategist
against the stupendous ambition OF Mr.
Morgan. 1t was with the backing of
these interests that Hartman was able
to check the Morgan Hill plan to ride
western roads
Hartman was a poor man when ne
entered Wall street about thirty years
ago. He was the son of New Jersey
minister who left little in the way of
wealth. The family, however. had rich
in New York. These rela-
tives made il possible for Edward H
and his brother William TO enter the
banking firm Of Loew. Hartman & Co
This subsequently became Hartman &
Co
Ten years ago f. III. Hartman re-
tired from the firm TO devote all his
time to railroading. for which he has
natural gift. 1t has been said of him
that he knows every inch of territory
in the United States and its value from
a railroad standpoint
Mr.. Harriman's New York home IS at
No ! East Fifty fifth street. but be
spends lost of the year on a ten thou
sand acre estate at Arden in Orange
county. about ten miles from Tuxedo
There he breeds bloeded cattle and
horses. Fast trotting horses are about
bis only fad aside FROM scientific expio-
ration. but be has little time to devote
TO the latter. He is married and has
several children.