The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-05-27
THE CONTROL OF THE B. & O.
Management of the Road to Be As
suInpH liz the pennsNINnniu

summed by the Pennsylvania
PHILADELPHIA. May 27.-The Penn
syIvania Railroad management viii this
week, most probably on Wednesday, as
sumo charge OF the Baltimore and Ohio
Railroad in a most practical manner At
the meeting Of the board of directors, to
be held that day. John X. Cowen. viii
resign the presidency. and L F LoTee,
Fourth Vice President of the PennsyI-
vauia Company. and the general manager
of that lire. VIII be elected in his stead.
There has been a great deal Of talk reIa-
tive to Mr.. Loree transferring his seTv-
ices TO the Baltimore and Ohio. and there
have been fat contradictions that such
would be the case.
One Of the vice presidents Of the Penn
sylvaaia Railroad yesterday confirmed the
story. and said that Mr.. Loree had been
decided upon to succeed MI. Cowen. TIE
latter is anxious TO get out Of the pTeSi-
dency, and he Will perhaps, be made gen
eraI solicitor, or else chairman Of the
board of directors, in place of Mr. SaIo-
mon, who IS DESTROYS of being relieved It
is understood that President CaSsatt
wishes Mr. Cowcn to remain in the Balti-
mere and Ohio service. He is thoroughly
[ acquainted with the road and his ability
in any capacity is unquestioned. The re
Z l.
sylvania officials are very cordial, and to
use the words Of a high officer If Mr.
/ Cewen should not remain with Us it would
be a distinct and marked loss.
| With Ar Loree taking charge Of the
| Baltimore and Ohio begins the policy that
was marked out for the line some six
weeks ago It puts the road urder the
| control OF the Pennsylvania, and shows
that the voting trust is agreeable to what
I ever Mr.. Cassdtt desires The ITO prop
/ critics are to be kept separate, but they
viii work in harmony for the mainte-
nance of rates from and 70 the West
There can be no cutting of soft coal
freight rates. either The selection of MI
LoTee for the presidency is a great tribute
TO rising young man He is regarded as
one Of the brightest of the present genera
ton of young railroad men. He was made
fourth vice president Of the Pennsylvania
Company because Second Vice President
Brooks, who conducted the operative de
| partmeut, was growing old, and needed
| help As President of the Baltimore and
| Ohio. Mr. LOree will look after the ope-
| ratiOnS Of the road, and viii ncL be both
! cred by finances or other troublesome
matters. He viii have 4 board Of di-
/ reCtcrs to take all such affairs of his
/ hands. 1t viii be his aim TO improve the
/ road and increase the efficiency of its
train service in all departments The
! change VIII be i most radical one There
are also to be selected a. first vice DreSi-
dent and an assistant general manager
to succeed Mr.. Willard The latter goes
to the Erie service on July l with his
| friend F D Underwood Who are 10 Ill
| these positions has not TRANSFERRED
! l. T. Loree. Fourth Vice President of
the HennSy IVanla lines west Of PlLtSJuTE,
comes from Illinois. He was born in Full
/ ton City on April 3, ISJS- BE graduated
! from Rutgers College when he was nine
teen years old and Started out with an
engineering corps Of q Western railroad
! The following year he entered the Gov
eminent service in 9 minor capacity with
the Engineering Corps Of the United
{ States Army From 1873 TO 1881 he was
engaged II laying out q route for the
Mexico National Railroad from the Rio
Grande River to Salt!llo, Mexico
In the latter part Of 1883 Mr. LoTee en-
tered the Pennsylvania service as assist
I ant engineer Of the Chicago division of
! the Pittsburg, Cincinnati and St Louis
tPan HandIe) Road Tbs following yea
{ way From 1855 to 1895 ne was StlDerfr-
tendent OF the Cleveland and Pittsburg
division, and was then jumped over the
heads OF q number of officials TO the DO
sition Of general manager OF the com
panE : entire system west Of Pittsburg.
Last December he was elected fourth vice
president, He IS a practical and thorough
! gong railway official He has written q
: number Of technical papers on railway
matters He is the President Of the
American Railway Association