The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-05-03
Is A BATTLE OF GIANTS
FIERCE CONTEST FOR CONTROL OF
RAILWAY LINES TO PACIFIC
COAST
VANDERBILT AGAINST GOULD
FIGHT FOR POSSESSION OF THE
UNION PACIFIC AND ATCHLsON
ROADS
BOTH SIDES PLAY FREEzE-oUT
With GouId-Harriman Syndicate
Holding Union Pacific, the Atch-
fsOn BecOHxes a Vital FactOr
to Vanderbilt Interests.

NEW YORK, May 2-Discussing the
Union Pacific situation the Mail and
Express has the following:
From the current tremendous mar
ket movements in Union Pacifcs and
Atchisons, big advances occurring in
each, it became clear that a fight is GO
ing on between great money interests
over the establishment of transcontinen-
tai systems
With the Gould and Hartman people,
on the one hand, are said to be Kuhn,
Loeb & Co., who are identified with the
Union Pacific management, while Mr..
Morgan is believed to have lent his In
fluence to the Vanderbilt and PennsyI-
Vania forces.
Following the discovery that Messrs.
Gould and Hartman wanted to control
the Union Pacific, carrying with 1t the
Southern Pacific, 1t became plain that the
Missouri Pacific and Illinois Central
might be substituted for the Chicago &
North Western as the Eastern connec-
tion of the Union Pacific, thereby great
ly injuring the Vanderbilt position in the
West.
In order to protect the Northwest
ern and New York Central William X
Vanderbilt started to accumulate a large
amount of Union Pacinc and Messrs.
Gould and Hartman learning this also
bought enormous quantities of this
stock.
PENNSYLVANIA IN 1T.
Meanwhile the Pennsylvania, having
lost the Burlington to the Northern Pa
cific and Great Northern, also had to fix
up it's Western fences. 1t bought up
large quantities of Atchison. This road
gives a through line to San Francisco
out of Chicago. Good authorities assert
that the Pennsylvania began buying At
oh hut
not think it was necessary to get enough
stock to exercise control, if need be, un-
til the Gould and Burlington deals de-
velop.
Now It is asserted both the New York
Central and Pennsylvania. which enter
ed into close alliance two years ago,
never had such. need to stand shoulder
to shoulder as they have today. 1t is
believed they are acting in close har-
mony in the matter Of the control of
Union Pacific and Atchison. II the enor-
nous buying of Union Pacific has Sc
cured control Of that property in the In
terest Of New York Central, North
Western, and perhaps st. Paul, there is
no necessity for controlling the Atchi-
son, but if the Union Pacific has been
lost to Gould and Hartman the heavy
accumulation of Atchison today would
indicate that that company is needed as
an outlet to the Pacific for both the
Pennsylvania and Vanderbilt lines.
FIGHT OVER PITTSBURG.
There is another serious side to the
fight. The Pennsylvania has been try
ing to prevent the entrance Of the Gould
lines into Pittsburg. A recent dispatch
from that city stated that the Wheeling
65 Lake Erie would not be so extended,
but that the Pennsylvania would allow
Mr.. Gould favorable trackage rights over
the Baltimore & Ohio.
1t is officially stated today that this Of
fer will not be accepted, but the Wheel
ipg road will be extended into Pittsburg
as rapidly as possible. This will directly
benefit both the Wabash and Missouri
Pacific, giving them large steel and iron
tonnage Mr.. Carnegie, before selling out
to the steel trust, made a contract to de-
liver a vast amount Of his tonnage COW
ering 100000 tons a year to the Wheel
ing road Mr. Carnegie was himself to
build an Independent line to tidewater,
presumably at Baltimore. He Is under
stood to have made an offer for the
Western Maryland railroad Now, it is
asserted Mr.. Gould intends to carry out
some such scheme in order to prepare for
any fight that he may have with the
Pennsylvania and Vanderbilt people
GOULDs HANDS STRENGTHENED
Mr.. Gould has further irritated VIII am
IS. Vanderbilt by planning an extension
Of the Wheeling road to the vicinity Of
| Cleveland When the new link of the
! Wabash in Northern Indiana and Ohio
is built the Gould system will have a
direct line from Cleveland to Chicago,
! paralleling the Lake Shore all the way.
! Mr. Gould's plans are furthered by the
! backing of Mr.. Hartman and Stuyvesant
| Fish, who are the leading factors in the
| Illinois Central. The Illinois Central has
a direct line from Chicago to Sioux
City and Omaha, furnishing a connection
with the Union Pacific at the latter point.
Several persons recalled today the sur
misses that were expressed two years ago
when the Illinois Central announced its
intention to build into Omaha 1t was
| thought at that time that the I.lino 8
| Central Hartman road, would sooner
or later supplant the North Western as
the outlet of the Union Pacific northern
division, while the Missouri Pacific was
the outlet for the Kansas division. If
the Gould-Harriman faction win in the
fight for the control of the Union Pacific
nj ~ fxuO Il