The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-08-02
nunry Huntington's Work In
Developing Electric Roads.
CONTROLS IN CALIFORNIA
Beginning With the Los Angeles Sire e
Railway He Has Acquired o'her
Large Properties and Made
Successes Of Them,

Few men leave q iastlHs mp S
IN wall street. It is place OF meet
inr memories. II cherishes no sehti-
ments. Thoughts are wholly engrossed
nv The exigcncies of the present and the
possibilities OF the future Among the
few Titans of finance. the immensely OF
whose acts In the past construed by THESE
rcsults has made visible impression on
the present, and will be incffaceable IN
the future. Is the late Coils p. Hunting
ton. His knitting OF continent together
with rails OF steel was q performance
that will live In the chronicles Of ma
tion,s progress side by side with the join.
ing OF continents by means OF the Az
lantic cable, and In financial history IN
the records Of those great railroad corpo-
rations which sprang into being at ms
instigation. Stepping in his footsteps
continuing the life work of his dlstin-
guished uncle, attracting attention ny
the brillinncy Of his own work, comes
Henry Z. Huntington. Although MI
Huntington has long been well-KnoWn
figure in railroad circles, a financial
power with the Huntington millions pc
hind him, 1t Is In me field OF electrlc
railways that he stands as a commanding
figure in the first rank.
MADE SUCCESS OF III.
While no has been for many years
building up In his quiet way a name anu
reputation. the events which have estap.
lished him In very lew years as o..s
of the strongest financial men, ana one
or the most successful railway ouila-
ere and operators In the country, nave
been happening on the Pacific side or the
continent. Less than half dozen years
ago he saw great opportunity IN the
purchase Of the controlling power IN the
Los Angeles (Cal.) Street Halfway me
which was then trying hard out una'aii-
!ngly to be g success. he promptly COZ
raled the stock and became the president
of the company. From that moment tho
change occurred. His vigorous and pow
erful personality was Immediately felt
in the commencement of now construc-
ton and extensions and in the reNlVlll-
cation Of the old spirit which had been
satisfied to take care of what there was.
The Huntington trait. manifested IN path
uncle and nephew, has always peeh oe-
sire to create things. to make better
market to increase the growth OF IN
dustries This means generally the sac
r,flce of present dividends in the interest
of yaster ones later on and enormously
Increased values of property: but 1t takes
money and patience and faith to do this.
and all three Fl. E, Huntington has In a
large measure. With chosen few among
his strong financial friends-the BANKER.
l. w. Holman. of San Francisco; Anton
Borel and CHI de Guigen of the same
city-he established the Pacific Electric
Railway Company with ca pital Of ten
millions which began building new lines
with a rapdity unparalleled. From
towns near by to towns far away from
Los Angeles. as center. railroad corr
nections We're made. cables were torn out
and trolley wires substituted, new cars
and equipment of the highest class We're
purchased No expense was spared, for
Mr. Huntington Is q believer in the econ
ornics of wealth and never ternportzes.
To-day the great system OF electric
railways under the control Of Mr.. Hnnt-
ington and his associates, which serve
Los Angeles and the country tributary
thereto. comprises S3S miles OF track. The
Pacific Light and Power Company OF
Los Angeles: the Los Angeles Land Com
pany, the Pacific Electric Land Company
and the Huntington Land and Improve
ment Company, are outgrowths of this
railway combination, and are institutions
brought into being to cooperate in adj
Yantaseous ways with the railways
A .EIlW ORGANIZATION.
Within a,.few weeks still another new
oryanization-the Los Angeles lnter-ur-
ban Railway Company-has come Into ex-
istence to supply still further the grow
Ing traffic requirements of Southern CAL
ifornia. tbs Is another outcome ne OF Mr:
of vast and rapid construction OF rail-
way facilities. Los Angeles Is leaping for
ward, commercially speaking, and In
creasing her population and prestige great
~. Still more marked Is the Increase of
her property values 1t is sufficiently In
dicative of this to note that the city In
e last ba af 9n pans has dr @ bu "a ns
Involving gross expenditure of $4,000.
a record probably uncqualed for cities of
her size.
Within the past few months the news
papers Of Southern California have kept
the East informed Of labor agtations
there, which at first sight seemed to
promise a great deal of trouble for the
Huntington lines. Huntington happened
to be right on the spot, and he dlsposedot
the strike at one blow. The fight was a
tors from San Francisco had been try ng
to steal a march on him. He has long
been familiarly known to the walking
delegates as an uncompromlsing enemy
TO union d!ctauon IN his own affairs and
as tough proposition to run up against.
AS president of the Market-Street Rail-
way In San Francisco, the LABOR leader!
let him severely alone. for they knew
his metal. and that possible loss OF reye-
nue. old not count WIN him nm q aS against
panp1 hoash hhss sa Mere rpe 6 6ee
strike on the. Huntington lines IN Lol
Angeles and vicinity Il was ordered, an'
II 4aHlcd less imam All mum az tItt Ell
of which time everything was RUNNING
smoothly. and just as before, With on
Important difference-the union men wer
out of Mr., Huntlngtgns sery,,ee, ana .!ii 4, re
Will remain out. Wh.le this strike
lasted the office telephone was kept bus
answering the calls OF many OF the da
men off duty who offered their service
In the emergency.
KIND TO HIS employees.
Mr.. Huntington long time befo
this voluntarily raised the wages of
employees because he said they deserv
1t. and established civil service sy
ten of Increased pay per hour, accordil
TO length of service This voluntary fat
ness was SO much appreciated by I
men themselves that they made 1t I
subject OF testimonial TO Mr.. Hur
!ngton, in which they expressed thC
appreciation. Since the abortve STIR
he has received similar letter from
trainmen. nearly. the whole number
whom remained at their posts and true
him, Upon these men Mr. Hnntngt
relies with the greatest confidence a
10 M "a lOiS M %