Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-10-02
NO REASON FOR A SHE
So Says President Edwin Hawley
In Discussing Iowa Central
and NJ. { St. L. Affairs.
Both Roads TO Be Made First
Class But No Extensions
Needed at Present.
Says Close Traffic Arrange.
ments With Illinois Central
Have Been Made.

President Edwin Hawley. of the Iowa
has made statement that ought to set
at rest the gossip concerning the ABB
scrptlon OF those properties by the Illf-
nois Central. President Hawley said at
Minneapolis Tuesday that his companies
proposed to make the Central and NJ. &,
st. L. roads first-class lines. but that he
could see no necessity for the building
of additional extensions at the present
time. President Hawley admitted that
close traffic arrangements had been en-
tered into with the Illinois line and Il
consolidation of the three properties
would therefore be of no particular
benefit. or his visit to Minneapolis the
Journal says:
The Minneapolis & ST. Louis and
Iowa Central properties are not to be
absorbed by the Illinois Central, if Ed
win Hawley, president of the two first
mentioned roads, knows how matters
stand. Mr.. Hawley arrived in the city
this morning in company with other
officials of the Minneapolis & st. Louis
to attend the annual meeting of the
road. He did not say in so mnay words
that the Illinois Central yarn was un-
true for the reason that the question has
been put to him in one form or another
thousand times during the past two
years and denied as often. He said
enough, however, to prove that he has
no idea of disposing of his holdings in
the two properties In which he is the
dominant factor.
~ am not aversei to talking to a
newspaper man who has not been writ
Ing yarns about our selling out to the
illinois Central said Mr. Hawley.
Yes, we have.a satisfactory traffic arr
3rangement with that road, such as we
are willing 10 make with any road
which can aid us in handling our busi-
ness. The arrangement Is as efficient
as il We owned their tracks, SO far as
the solution OF the transportation prob
lens in our territory is concerned.
q. AS to the Minneapolis q St Louis
and Iowa Central roads, we propose to
make, them better roads than ever. II
money and experience can do 1t. me
latter road in particular, which came TO
us badly run down, is being put In first.
class shape. and the work viii not stop
until It comes, up to the standard of
railroad excellence.
I've have spent a great deal OIL
money on both roads lately In better
ments. renewals. equipment. etc. and ana
we propose to spend q good deal more
i ..AIr. Hawley said he kept in pretty
close touch with business conditions IN
the west, and that he was glad to note
IA great Improvement in the northwest
ern situation over that OF last year. The
northwest, he thinks. has enough rail-
roads for the present. and he sees nome
cessity for building extensions of the
NJ. & st. L., or Iowa Central systems.
.Mr. Hawley said the annual report
issued yesterday would show. a highly
gratifying state OF affairs in the
finances of both companies. the show
Ing being quite as favorable as the phe-
inomenal figures of last year. Our an
nuai reports are understandable, said
Mr.. HawIey Significantly. We don't
try to confuse anybody with figures.
Our reports are very plain and speak
for themselves at sight"