The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-08-18
c. M. HAYS HAS RESIGNED
PRESIDENT or THE SOUTHERN PA
CIFIC MAY RETIRE SOON.
VI. G.. burt. of the Union Pacific, Also
May BE Forced Outs. VI. FELTON,
Probably May BE successor.

SAN FRANCISCO, Cal, Aug. 1.-THE
Call, this morning, says that a local rail-
road man has received a dispatch from
New York containing absolute confirma-
ton Of the report that c. NJ. Hays has re-
signed the presidency of the Southern Pa
cific Railroad. The telegram. Ii is said.
comes from a source whose reliability
cannot be doubted, and it states positively
and unequivocally that the resignation or
Mr.. Hays is now in the hands of his SUI
periors. Moreover, there seems TO be every
likelihood that the man who will succeed
Mr.. Hays vii be president of both the
Union and Southern Pacific systems, and
that the two roads will be CONSOLE
dated under one management that will
eventually give the travelling public a two-
and-a-half-day trip between this city and
Chicago, and will place ore executive OFF,
Ger at the head of the syndicate line.
CHICAGO, Aug. 1.-THE Inter Ocean
says: 1T is no longer a secret that Charles
NJ. Hays, president of the Southern Pacific
Railroad, has found his position anything
but pleasant since Z. II. Hartman became
chairman of the board of directors. Mr..
Hartman has assumed charge Of the
financial management and has made j. c.
Stubs supreme in traffic affairs, thus d.
vesting the president of the usual honors
and authority of his position and practi-
cally making him only the head of the OPP
Grating department of the railroad. While
Mr.. Hays so far has refused to state
whether he has rendered his resignation as
president of the Southern Pacific, 1t will
cause little surprise when such an an
nouncement is made. When he left the
Grand Trunk it was reported that those
then I'm control of tho Southern PqCi6C
had guaranteed him an annual salary Of
$50 900 for a term of five years at least. 1t
is not thought Mr.. Hartman would re-
pudiate that contract, but it is plain that
his treatment of Mr.. Hays has brought
matters to a crisis, the result being the re-
tirement of Mr.. Hays from the Southern
Pacific.
There is much speculation in local rail-
way circles as TO who will succeed Mr..
Hays on the Southern Pacific. Some be-
lieve II. G. Burt, president of the Union Pa
cific, will also be president of the Southern
the New York Central and Lake Shore
roads of the Vanderbilt system. Others
contend that many important changes are
to occur I'm the Hartman system. The pres
ident of the Union Pacific has always been
regarded as a Vanderbilt man. having re-
signed the vice presidency of the North
the Union Pacific.
u predict that Mr.. Burt will be forced
out OF the Union Pacific, just as Mr.. Hays
has been out of the Southern Pacific said
a prominent Western railway official yes
terday. Il think it is Mr.. Harriman's inten-
ton to place at the head of his system, in
charge OF the operation of all lines, some
body who has been closely associated with
him and thoroughly understands his gen.
eral policy. For this reason / believe that
,. Nj. FELTON,, president of the Alton Rail-
road, will succeed Mr.. Hays on the South
ern Pacific and in due time will be the op-
Grating head of all the Hartman lines. 1t is
we'll known that Mr.. Hartman has the
greatest confidence in Mr.. FELTON, as an ex-
pert railway manager. With Mr.. FELTON, at
the head of the operating department.. Mr..
Stubbs as traffic director and Mr.. Hartman
himself directing the financial policy. re-
suits of the Hartman system should be
satisfactory
"I do not believe Mr.. Hartman intends
to depose II. G. Burt said another " est
ern official. Such an act by Mr.. Hartman
might be regarded as a slap at the North
western Railroad, which has always been
closely allied with the Union Pacific, and
probably always will be. if the Northwest
ern is not Incorporated in the
Hartman system. Such a result is not i'm
proDaDle, In view of the consultations
which have occurred in the past few wears.
The wisdom of having a traffic director for
the various lines of the Hartman system is
apparent. and it will not be long until such
a position is created on the Pennsylvania
and Vanderbilt lines, and for the Gould sys-
tern. There are many reasons, however
why one man cannot be placed in charge
or the operating department of a number
OF lines. The problems arising every day
would prove too great for any one man 10
grapple with successfully. L do not believe
MIR. FELTON, will leave the Alton Railroad
lie has undertaken a big task there and
think he will stay till it is inished-pro-
vided anybody can accomplish it. Stni. II
Mr.. Hartman finds it necessary TO fiji the
place of Mr.. Hays on the Southern Pacific
| know of nobody more likely to be selected