The evening times., 1901-05-06

CentraI-the latest being the Boston and
AIhany-haYe been too numerous to men,
ton. Il IS important tpTn0te that each
line added has been taken over. after a
careful study not only Of the broa der as
poets of the purchase. but after a minute
study of It's real value Soon after Mr.
vanderbilt took control at the Grand
central station the company 5 accountants
were sent 10 examine the books of other
railways 10 get details OF their operations
not otherwise ubtIinsble, ara to ana I'VE
them for AIr. NaUdeTbifts zinformatiOn
7 his illustrates how C2refulFy his opera
Uons are studied and that the quick
movements with which his plans seem to
De put through are based On much careful
preliminary study.
In power welded in the railway world
President CaSSatt. with the wealth Of the
Pennsylvania Railroad, has a foremost
position Personally he IS as Interesting
figure as in his official position He is
q man Of the largest sfaTure, possibly six
and oRe-half feet high, and built in pro-
portion, so that nc is a noteworthy tig-
ure on the street. He is always care
fully dressed, and his friends state that
while he was in Paris at the Exposition
last summer, the appreCiatiVe PaTisizns
on the bOuleyards would make many en-
quirIes to the identity of the tall
handsomely dressed gentleman who was
the president of the Pennsylvania Rail-
road
On the death OF Frank Thomson. Mr..
CasSatt, who had continued as 4 Penn
sylvania director. was called to the DreSi-
Ntsii'-S ana the company mas never known
q ulvIG progressive administration than
the present one The splendid organfza-
ton or the Pennsylvania relieves its presf-
dent of ali detailed duty. but four of the
PennsylVanla $ presidents have success
slVeiy been worn out prematurely by the
strain Of the Office Mr. Cassatt has ca
Pacity to work corresponding TO his ply
SlcaI stature and within four months of
his accession to the presidency had
cleared away matters hanging over the
company Tor a year and a half or two
years Then began the development of
ME- CaSsatts own policy He called on
W. X. Vanderbilt heTe-the first time since
the south Pennsylvania quarrel that a
pennsylvania president had ever made
such q step Of conciiiation-and promptly
healed the long New York Central Penn
Syivania breach Then Mr. Cassatt de-
veIoped the cOmmunity-or-Interest idea,
which has worked so well in the East
and for time in the West until 1IDsef
by the audacity Of J. J Hill in the Bur
nIgtou nd the ambition of George Gould
Nothing mas been more interesting than
the energy and daring shown of late in
the development Of the Gould properties.
George Gould has managed the properties
he inherited from his father with coDser-
FatiSn. POSITIVE, not to say aggressive
plans for development of the railroads
were hardly looked fer Yet while Mr.
Gould has kept his own counsel very well
II IS apparent that his ambition is far
reaching. and has. so far, been success
ful- He bought up the strategically 10
Gated Denver and Rio Grande before two
Dtiiti ldl $5t Idl4EDduS WHICH desired It's
acquisition could make up their minds as
10 the price. It has just developed that
for two years he has been planning TO
get into PittsbuTg. the stronghold of the
Pennsylvania Railroad. and will sue
ceed- Mr.. Gould IS very little known per
SordIiy in business life in New York,
though he has always lived here. He is
OF medium size. and always dresses sim
ply. He has the piercing black eyes of
his father, Is quick in his movements,
with a muscular action that may be at
tTIbuted to his active out-of-dOor life
E H. Hartman is in some respects the
most interesting of the controlling figures
in the railway world He has been re
marksbIy successful as a railway finan-
cier, but his activities are by no means
confined TO this field. He is a director IN
more Influential corporations rot direct
" allied with cne another. than almost
any other New Yorker He has come into
these corporations within a few years
He was for years Chairman Of the Illi-
n0is Central Railway Finance Committee.
and is credited with originating that com
pa1y'S s policy Of acquiring 90 much mile
age between 1893 and 1881. The oppCrtuni-
ty to secure the Chicago and Alton Rail
way came to him Unexpectedly His man
agement of that operation yvideued his
field. and with that road and the Union
B2clhc. as well other lines he has
become one Of the four or FIVE leading
railway fnanciers of this country MIR
Hartman IS an autoCraJ on his railroads
and directs them in very small details
he personally controls e-rn the issue of
orders for locomotives and other supplies.
and leaves little initiative to his officers.