The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-08-18
Mr.. HAYS RESIGNATION.
GENERALLY Believed that II Is in the
Hands Of Mr.. Hartman.
POLICY OF THE PROBABLE SUCCESSOR
reton's Record Indicates that II Presi-
dent OF Southern Pacific, He wonl5
Pursue Plans of Retrenchment.

me reported resignation of Mr. n n
nays president Of the Southern pacIsc
system, was a live topic OF diseusdon 4,
iocai railroad circles yesterday. II IL now
generally accepted as very probahIn ~.
such course has been taken nv NJ
mays, and 1t is universally deplorea uo,.
ever, II the resignation Is fact 49,.
pody interested will be disposed RI aocayt
tne sitdation philosop1ically apd wasta ~
energy in useless lamentatiou.
me fact that Mr.. Hays successor W.T.,
&c man In thorough accord with Tho
hartman views of rallroad manavo,,art
is calculated to produce nightmares in tha
operating department Of the son,hern %
cthc, for the policy will then be ia CHOKE
ou every employe whose service does NOT
ppring SUFFICIENT revenue in the mind ~
thurman or whose dismissal would con
,nrioute IN the least to the plan of grind
LUZ economy that has been determined M IN
" tDat gentleman and his associates
Inc Southern Pacific will have man
LOT LOT president who win not hesltqte 10
s sf,c M Ine AK VITA precision and persist
icsslSse, and Mr. Hartman has fonnd
S,tci man IN the person OF Mr. NJ
rcncn, present president OF tho Chiear,,
y weI, Alton Alton road: Mr.. Felton's career Is
trey an credit him with n closcness and
eefqnomy of administration that could hriu,
III s JOY 10 me heart Of one as HarrImai,
n ~, IN the business fer revenue nn'v--nnd
H,Iike terror to those less securely I'M,
o p.Muel N the esteem OF the geeut Railroad
"fgahZer and consolidator
Mr. FELTON, was formerly connected wiz
ny Vgeen and Crescent route aud Il was
Lnere that his subordnates learned 10 fe1r
~ ~, ietrenching methods. Mr. Hartman
t .nob MN up and put him at The head of
me Alton road which place II may tve1
pe sald was won through his pcrss emf
d anaratiIl and constant curtaiiing Of
NJ, MT, FELTON, Is pre-emlnently man 70
preside oyer the operating department Of
a roaa where the reduction Of expenses ia
commended him to Mr. liarrmSSn for lb,s
southern Pacific presidency.
Inc hartman interests, as regards traf
nc nave been placed in the hands Of Nj
j. I. Stubs as traffic director OF an tba
nnesl and, that being the case, all inc
southern Paci6c now requires Is prsc,fcai
I NAN at the head Of Its operating depart
Mr.. Hays ave-year contract with the
[oau cails Tor a salary OF $4,000 year,
Dus 10 Is assured, since the complete al.
Spreement of the traffic and OPERATING
ueparIments, that Mr.. Hays successor viii
receive II much smaller salary and 4 4
a DeI,eyed by some that 1t will be reduced
at least 90 per cent.
MI Hays, the present president, went
tc San Francisco to take charge OF the
Southern Pacific property as president at
the beginning Of the present year. lie
was elected to that Office by the Speyer
interests in the latter part of 1900, AMI he
resigned his position as general manager
OF the Grand Trunk railway in Montreal
in order to succeed the late Coils r. Hunt-
ington and make the record OF his railroad
career. Soon after arriving on the coast
and getting matters in shape to accord
with his managerial policy, the change In
ownership of the Southern PaaHc took
place and the board was recognized in
New York. Mr. Hays made three or four
trips to New York to confer with e, II.
Hartman and others in control, and upon
his return to San Francisco there were re-
peated rumors that the president had good
reason to be dissatisfied with the changed
conditions.