Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-09-27
ALL IN ONE SYSTEM
VaaderbiIts to Consolidate all Rail-
way Lines They Have Con-
troll of.
WILL INCLUDE $4,000 MILES
w. C. Brown to Become Active Head
Executive Board in Gen.
eral Charge.

New York. Sept. 27.-Within the
next 80 days a general reorganization
of the entire Vanderbilt railway sys-
tenn will have been effected. Official
announcement of radical changes in
the management of the different lines
of the company will be forthcoming by
Oct. l.
All lines of the Vanderbilt company
New York Central. Lake Shore
Michigan Central. Big Four. West
Shore. Nickel Plate, Lake Erie &
Western, and Illinois, Indiana & Iowa
are to be brought under one manage
ment. The reorganization will be the
most radical ever effected in railroad
annals of the country. and will make
the Vanderbilt one OF the biggest, if
not the biggest. transportation system
in the world, as the combination of
lines now planned will mean a round
ing up of something like 25,000 miles
of railroad. 4 system far in excess of
its principal competitor, the Pennsyl-
vania.
Newman Mt the Head.
The new Vanderbilt system is to be
managed by an executive board that
will meet daily. This board will be
composed of the present highest Off
GERS of each of the different Vanderbilt
roads as now managed. with William
C. Newman, the present president of
the New York Central system, as
chairman. Mr.. Newman will resign
the presidency of the New York Cen
tral to assume the executive manage
ment of the entire Vanderbilt slstem.
William c. Brown. vice president of
the New York Central and Lake Shore
roads, with office in Chicago. will be-
come the active head of the entire Van
derbilt system. and his office will be
moved from Chicago to New York.
The reorganization of the Vanderbilt
lines will unity the great system and
will place it on a par with the Penn
sylvania in the way of concentration
of management. The Vanderbilt
scheme, however, is much broader
than the PENNSYLVANIA, in that it en-
bodies more mileage and the bringing
together of more important railroads.
Many Officers to BE Dropped.
In the Encouragement of the Wander
bilt lines a number of old executive
Officers will be dropped, but just which
ones has not been determined. 1t is
likely that many of the veterans of
the service will be retained in minor
offices.
The underground entrance of the
Pennsylvania into New York and the
Long Island terminals is the cause of
the change in the organization and
management of the Vanderbilt lines.
as the latter figured that a radical re-
arrangement was necessary to main
tain its prestige over the Pennsyl-
vania.
Rock Island Not InsOIVent.
Topeka, Kans.. Sept. 27.-Chairman
l.. A. LOree, of the Rock Island system
was in Topeka yesterday with a party
of officials. Loree accounts for the
drastic retrenchment of the Rock ISL
and by the light wheat shipments and
the fact that the corn shipments have
not yet begun. LOree SCOTS at the re
ported idea of the receivership for his
road. He said: This talk of the fl
nancial stringency of the Rock Island
is all rot. We hold today more than
eight millions to our credit in the
banks"
Road IL Prosperous.
Chicago. Sept. 27.-The annual re
port of the Atchison. Topeka & Santa
Fe was that the gross earnings of 1904
were SGS,17f 200. as compared with
sG2, $50 .397 in 1908. The net earnings
in 1904 were $25.929. 167. as compared
with S23S13.2S6 in 1909