Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-11-09
NIXON AND TR|GG,
THE HEAD or THE TRUST TALKS
OF THE PROPOSES
DEAL
HE ADMITS NEGOTIATIONS.
says Gentlemen Talked with Actins
without Dlrectorate,. Sanction.
GONE AROUND NEXT wEEK.,
He said These word. to the Dispatch
Correspondent Would Lend to Be-
lief That Purchase May BE E1-
pected soon-Nixon Admits That
the Ground Had Been Gone Owe.
by TrIsss and Himself.
Says Gentlemen Talked with Acting
without Dlrectorate's sanetion.
"coME AROUND NEXT WEEK,
he said These Word. to the Dispatch

NEW YORK. November s.-tspeciall-
specula ton In ship building and allied
business circles hereabouts. regarding tha
presumed sale of the Trigg ship yards to
Lewis Nixon's United State Ship Building
Company. has been greatly stimulated In
the past few days by the almost stimuli.
taneous arrival in town of l.. r Myers,
vice-president, and Jordan Leake. and 7.
C. Atkinscon, all prominent in the affairs
OF the Richmond corporation.
Two of the morning dailies published q
rather ambiguous Statement. on the sub.
1ect from MIR. Nixon. which could easily
be construed as qualified denial OF any
intention to purchase the Trigg plant. In
response to a question put TO him at
his place OF business to-day by a repro.
sentative OF the Dispatch. he said:
II have nothing to add to my staternens
in the morning papers. Our company h4s
taken no steps whatever toward purchas-
ing the Trigg property.
A Gentle Suggestion.
'But, Mr. Nixon. said the correspond.
ent .twe know absolutely that the leading
people connected with the rrigg esta b.
!lshment are now in New York. and that
they have had several conferences with
you. We also know that they did pot
their health, or to see the horse show,
which does not begin until Gext week.
Now, wasn't the sale of the Trigg ship
yard talked over?''
at this query Mr.. Nixon laughed, his
broad. good-natured face was wreathed In
smiles, as he repied:
"Oh, yes, we. have had some Informal
talks about the matter. They nave been
purely personal.
doeS r,arSonaI neeanC''
Well, they were rather feeling over this
ground. They are not acting. as l under.
stand ii. with the sanctions OF the COM
panies directorate"
Have the negotiations reached a point
where price was named? Have you any
ffoer from the Trigg SIDE. or nave you
received an offer from the other side?'
Not as yet. We have just been talk.
ing things over.
Has any other ship building properly
been offered to you. or have you matie
any offer for any other plant, to enable
your company to still further pursue itf
policy of specializing It's business.
mo, we have no other property in view
at present. Well l can say that duzen
plants have been offered to US nrst and
last"
"WiIl any conclusion as to price ba
reached ty the early part OF next week.
or will you be able then to give out any
statement regarding the present negotia-
tions?'
No Definite Conclusion.
mo, I think not. No definite conclu.
sion has yet been reached as to what We
will do on the deal. OF course. In talis-
ing matters over. we have received In an
off-hand way tentative proposition. bpe
nothing official. However, an Official
proposition will De made next week. and
1t will receive the consideration OF our
directors. But nothing that can be con-
strued as definite has yet taken place
The gentlemen here from Richmond VIII
make their proposition in writing. back
ed up by good many papers. and 1t will
take some days TO so through these papers
properly Then We viii probably have
some suggestions to make which In turn
may have to be considered by the Trigs
directorate. So you see quite few days
may elapse before any announcement iS
possible It would hardly be polite for
me to discuss the matter until official
saction is taken is some way or other.
With the glad hand that Mr.. Dixon al
ways tenders newspaper men. ne endes
the interview.
..Corle around next week" was his parA
statement.