The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-10-14

crowd now has a strong representation
on the board, which, however, they as
sert is in conjunction with the Kuhn
Loeb interests.
The Gould and Rockefeller interests
have eight of the fifteen directors,
their representatives being Thomas T.
Eckert, Henry c. Frick, George J.
Gould, Charles A. Peabody, Winslow
S. Pierce, William G. Rockefeller, Hen
~ H. Rogers and James Stillman.
The Hartman representatives are
Oliver Ames, E. H. Hartman, Marvin
Hughitt. James H. Hyde, Otto S.Kuhn,
Jacob H. Schiff and Joseph F. Smith.
The Standard Oil and Gould inter
ests are so closely identified that it is
not doubted they will work harmoni-
ously on all matters affecting the road,
and that the control will thus be kept
out of the hands of Hartman men. It
is even limited here that a Standard
Oil man will be made president of the
Union Pacific when the directors meet
next week in New York.
Governor Odell of New York had
been mentioned as a probable director
and as a. Hartman candidate for the
presidency Of the road, but the Rookie
feller-Gould interests proved too strong
and placed their own men on the
board.
During the past few months the
Hartman lines have kept the Rio
Grande road out of the entire north
west by refusing to haul a pound of
freight beyond Ogden for the Gould
lines and shutting the Rio Grande out
Of consignments from Idaho and the
northwest. This action of the Harrf-
man road, not generally understood at
the time, is now believed to have been
done with the knowledge that the
Gould-Rockefeller crowd had secured
control OF the system and in line with
determination of the Hartman Off
Gals to make the most of the brief
period of control left for them.
Following the announcement that the
Ogden gateway had been closed to the
Gould lines came a general belief that
Gould would at once push to completion
the Western Pacific from Salt Lake
City to San Francisco to secure an out
let to the coast. The developments at
the Union Pacific meeting, however,
have given rise to a belief not less gem
eral that the Western Pacific project
will now be hung up indefinitely as a
result of amicable traffic relations be-
tween the Rio Grande and Union Pa
cific.
The Union Pacific annual meeting
yesterday was perfunctory. It was at
tended by only three men-JOSeph Hell
lines; Judge w. r. Kelly of Omaha,
general attorney of the Union Pacific,
and LIE Grand Young, general counsel.
With 1,41O,866 of the total of 2,083 AGO
hours for instructions from New York
without taking any action whatever.
After the New York Stock Exchange
had closed the men in Salt Lake City
were notified to give out the list of new
directors, the changes being the substi-
tuition of Henry G. Prick and William
G. Rockefeller for Horace G. Burt and
Louis Fitzgerald.
The Union Pacific is practically the
key to the western railroad situation
and has been a powerful and menacing
rival to the Missouri Pacific and Rio
Grande lines, controlling the great out
let from Missouri river points to the
northwest.
The Oregon Short line, controlled by
the Union Pacific. held its annual meet
ing today, but postponed the election of
directors until November IL This post
ponement is undoubtedly for the pur-
pose of awaiting further developments
in the Union Pacific situation.
The Oregon Short line meeting was
by Vice President w. H Ban
croft, Joseph HELEN, Judge Kelly and
Harley L. Williams, general counsel for
the Oregon Short line.
OF the new Union Pacific directorate |
Rockefeller, Rogers, F'rick and Stillnan
axe well known Standard Oil magnates |
George J. Gould is also identified with
the Standard Oil interests in railroad
operations. The Gould family has
owned stock in the Union Pacific for
many years. On the directorate the
Gould and Rockefeller interests are
evenly divided.