Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-08-30
BIG RAILWAY DEAL FORMED.
hartman and Gould Will Contro
Many Miles Of Western Road.

A dispatch from New York last night
says: =. II. Hartman and George ]. Gould
nave formed a friendly alliance. which will
nave practically The same effect on Tho
| rahroad situation west of the Mississinni
RIVER that the Vanderbilt PennsyIva MIA
laiiroad alliance has exercised for the last
1--WE years In the eastern trunk line terri
tory. e
aHiahce is believed to be in the form
~ a uehnite personal agreement to preserve
,i''i ilohy between the Hartman and Gould
.hni.' ~, 70 maintain stable rates so far as
tbeir lnnuence extends and tn conanct no
atsI essVe operations in each others terri
.ory. Inc aforementioned understanding is
rs. iueu as peing particularly significant
.. ~ hiipo, tant. 1t means the closer affiIia-
tion or the Gould system with the ITnion
racine lines and the suspension-if NOT
apandonment-of certain Gould plans for
extending the Missouri Pacific to the Pa
Cific coast w e "
MI; Hartman and Mr.. Gould are under
STOOD to have settled the important points
OF TINS alliance while abroad. and there is
also authority for the statement that the
alliance has the cordial approval of w X
vanderbilt, who is in a measure interested
because of his dominant influence in the
Cmcao and Northwestern, which is the
chief eastern outlet from Omaha of the
Union Pacific system The VanderbiIts were
quite large stockholders in the Union Pa
cine prior to its acquisition by Mr.. Harri-
man and his friends
lhauncey NJ. Depew was Union Pacific
director for several years, but he retired
from the board about the time that a
controlling interest in the Southern Pacific
was bought. w. K. Vanderbilt and E Fl
Hartman are personal friends and Wall
street has believed for several months past
That good-sized block of Union Pacific
STOCK mas found its way back into the Van
derbllt strong box
Including Harriman's large interest in
fbap
half of the stock and Gould's interest in
Atchlson and the new Moffat road to the
faclfic coast, these two railway magnates
nave a voice in the management of nearly
tWo-thrdS of the railway mileage west of
the Mississippi river They control abso-
lutely nearly one-falf of that mileage.
Both the Hartman and the Gould sys-
TENS VIII have Independent lines to the
Atlantic coast. Mr. Hartman practically
controls the Erie railroad from Chicago to
New York. and Mr. Gould has the Wabash,
WElch now extends from Kansas City and
81 Louis to PIttsburg, and Is on its way to
Baltimore. The once bitter struggle be-
tween the Gould and the PENNSYLVANIA rail-
road interests has virtually dried out. The
Wabash is already running trains into
Pittsburg. and the Pennsylvania is appar-
entity powerless to keep this Gould line out
of Buffalo. President Cassatt of the Penn
sylvania system is Il hard fighter, but he
does not spend his energies in fruitless con-
tests. He is reported to have said of the
Per nsylvania Gould feud not long ago: Il
guess that it i:i about time to call quits"'
With Hartman and Gould working for
railroad harmony in the far west, and Van
derblt and Cassatt still maintaining rail-
road harmony in the east it would seem to
be a plain business proposition that these
two powerful elements of harmony should
gradually meet in the Mississippi valley and
agree to cooperate. Friends of w. X. Van
derbilt say that he has taken an interest in
the Harriman-Gould alliance mainly for the
purpose of securing amicable relations be-
tl,n int orc.
which he helped to establish and the newly
formed western community of interest.