The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-01-05
DONE TO SAVE MONEY.
Hartman May Be U. P. President at
Nominal Salary.

NOnlaHt salary.
In the resignation of Horace G. Burt
as president of the Union Pacific rail-
road many officials are of the opinion
that an incident of a tremendous and
far-reaching plan Of z. II. Hartman
has come to pass.
While there has been nothing Off
cially given out as to the cause of Mr.
BurtS resignation, save that he is in
need of a rest, It is generally under
stood that Southern Pacific interests
represented by Hartman have long
been anxious for him to take the oper-
atfye control of the Union Pacific as
well as the Southern Pacific, and it is
now confidently expected that Mr.. Har-
riman will, in due time, be elected
president of the Union Pacific, to sue
coed Burt.
Aside from his many offices as direc-
tor of numerous railway and steamship
companies, as well as being chairman
of the boards of the Southern Pacific
and the Chicago & Alton, Mr.. Harri-
man is president of the Oregon Short
Line railroad, which has mileage of
1,184
The so-called Hartman group of
railroads and steamship lines, not in
Guiding many minor lines which his
lines control and in which his vote
plays an important part, are as fol-
lows:
Union Pacific-Chairman of board, 8, lis
board INSTRUMENTATION. NEUTRALITY-SUSPICIOUS.. 800
Southern Paciffc-President $3.50 1921
Oregon Short Line-President.. ], 740
Oregon NEUTRALITY-SUSPICIOUS. Co
Chairman of board .............. 1,072
--
It is not only believed that Hartman
will succeed Burt, thereby becoming
chief executive of more than 10, 600
miles of railroad, but that within this
year he will be president of all the
Hartman lines, comprising mileage
of nearly 1900 miles.
The recent action in asking a pool of
the stock of the Chicago & Alton is re-
garded as significant of change in the
ownership of this property.
The Union Pacific is said to be in the
market to purchase it. which well &C
cords with the recent and expected Off
cial move in that system.
AS chairman of the board of direct
ors of the Chicago & Alton. and as
president of the Union Pacific, as web
as of the Southern Pacific controlling
strong financial and railway interests.
it is not thought that Mr.. Hartman
would have much trouble in securing
the Chicago & Alton for the Union Pa
cific's st. Louis. Chicago and Kansas
City connection.
In that case it is deemed highly prob
able that Mr.. Hartman will have him
self elected president of the Chicago
& Alton. which would be the natural
consequence if he is president of the
purchasing line.
It has been stated that Mr.. Hartman
does not want expensive chief execJ-
tives al the head of his systems. and
that he is satisfied with a nominal sal
airy. Another statement is that Mr..
Burt's action in regard to the recent
strikes on the Union Pacific has not
been approved by Mr.. Hartman. and
considerable friction resulted, but what
ever NAV have been the cause of Mr..
Burts resigning, there is but little
doubt in railway circles that Hartman
fully approved the acceptance of Mr..
Burts resignation, and that it was but
move in his plan whereby he will he
the head of the greatest railway system
that the world has ever known and
which will make many changes in the
railway map of the United States this
year.