Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1904-04-27


mcnt was" satisfied with the relief it
obtained and expressed itself as fully
satisfied at present time
The court found that the duty of dis
posing of the assets of the Securities
company could be safely left to the
stockholders of the Securities COMPANY.
The decree did not command that
the Securities company should return
stock OF the railway companies, or re-
call it's stock issued therefor to the ex-
clusion of other methods, which, in
view OF all circumstances, might ap-
pear to be more equitable.
The fact that the directors of the Sc
curltles Co., have proposed to it's stock
holders a plan of ributing the
stock of the two railway companies
in a manner somewhat different from
that which was tentatively suggested
by the decree but not commanded can
not be regarded as failure to obey the
decree.
The court did not accept Guthrie's
argument that stock Of the railway
companies owned by the Securities
company was in the custody of the
court.
The petitioners claim that they
should be allowed to intervene to pre-
vent the continuance of the control
created by the Northern Securities
Co., the court did not agree to- The
government of the United States is the
guardian of the public interests and il
further proceedings are necessary to
protect the public the government
should take the proceedings
The government is satisfied with the
decree and stands squarely upon it.
,irr1f 70 into
depend upon their personal rights
The immense through business
which now goes over the Northern
Pacific would be diverted to the Tn
ion Pacific and the Northern Pacific
become little more than a carrier of
local freight. AS the total amount
OF tonnage over road affects direct
~ the local freight rates the loss of
this through tonnage would force the
Northern Pacific to keep its local
rates at the highest possible figure.
| When railroad is making money on
through freight it can afford to re-
duce local rates and thereby greatly
facilitate the development of the
country.
If this argument can be substan-
tiated, northwestern manufacturers,
!
great deal at stake in the effort of
the ckefeller-Harriman combina-
ton to obtain control Of this great
system.
All favorable tariffs from the Twin
Cities to the northwest affecting the
business of merchants. jobbers and
manufacturers, have been strongly
opposed and fought against by the
| T-So q
interests for many years past and
posing favorable distributing tariffs
to the northwest. Their policy is to
work everything to the southwest
and San Francisco; this, naturally, is
of no benefit to the northwestern
| northwest.
| shippers have been greatly interested
in the investigation showing COM
parison of the rates in vogue on the
Northern transcontinental lines and
the roads controlled by the Hartman
interests.
The comparison in nearly every
case shows that the Union and South
ern Pacific rates are so adjusted as
to give the Eastern jobber and man.
ufacturer a great advantage over the
middle west producer in disposing of
his goods on the Pacific coast While
the Great Northern and Northern
Pacific rates are arranged to favor
the northwestern jobber and shipper,
so that he can have an equal chance
with his eastern competitor.
If the Hartman interests could ex-
o~% ~ in 1,1>
of the rates to the North Pacific coast
cities, as they do to California, the
St. Paul and middle west manufacture
that market, as it would be impossi-
BILE for him to sell goods as cheaply
as his eastern competitor.
one of the most enterprising and
country, in some respects more SO
than any of his contemporaries. At
time when it was thought that
and the Pacific could only be onccess-
fully built by public aid, Mr.. Hill
started upon the work of demonstrate
inc that It was possible to build and
make profitable a great railroad line
in that part of our country by means
of corporate enterprise.
The hardware interests of Duluth
have had q taste of Hartman meth
DDS as compared with the methods
employed by the Northern Pacific
and Great Northern, and the dealers
are conversant with the attitude of
the Union and Southern Pacific COM
panies in their effort to force an adj
justment of the freight rates on
hardware to the Pacific coast states
which would prevent the hardware
jobbers of Duluth, st. Paul, Minneap-
oils, Chicago and St. Louis, from com
peting with the Pacific coast iobber
in the sale of hardware goods to the
retailers of California. Utah and other
woSfern states