The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-07-27
RAILROAD NEWS.
Rockefeller Hand i'm the Gould
Lines.
Says Missouri Pacific Doesn't
Need the "katy."
HARDING'S SUCCESSOR.
Must Be a Man Who Can Show
Big Earnings.
Closer Relations Between Mo.
Pac., ID. g. II. G. and ST. Paul.

New York, July IA double signif-
canoe attaches to the retirement OF
John d. and William Rockefeller from
the directorate of the Missouri, Kansas
& Texas railroad. which they have con-
trolled absolutely for the past ten
years. This step marks the complete
transfer of the Rockefeller interests in
the southwestern railroad field to the
Missouri Pacific, and it corroborates the
statement made several weeks ago, that
it was the purpose of John d. Rookie
Teller to withdraw from all boards of
directors except that of the Standard
OIL company. and, perhaps, one or two
financial Institutions
1t is a fact that the Rockefellers are
not the largest individual holders of
Missouri Pacific stock. A very friend
ly feeling is believed to exist between
the Rockefellers and George ]. Gould,
Just as a friendly feeling exists be-
tween the Rockefellers and w. K. Van
derbilt. Should there be friction or dis
sension in those cases, however, the
Rockefellers would be found welding
a powerful influence over the destinies
of the Missouri Pacific, as well as the
New York Central
1t is current talk in railroad circles
that the Rockefellers will name the sue
cessor of Vice President and General
Manager Russell Harding of the Mis-
souri, Pacific, who is soon to retire to
take the presidency of the enlarged
Pere Marquette system. Mr.. Harding
successor on the executive staff of the
Missouri Pacific, in order to fill the bill.
must be a frst-class operating man and
q money-getter- 1t is to the earning
power of a railroad that the Rockefel-
1ers give their first attention Some i'm
portant changes in the directorate, as
we'll as in the executive staff of the
Missouri Pacific, are looked for soon
after George j. Gould, its president,
w~.afu IRON pnrGnnS
ant with the facts expect to see more
representatives of the Rockefeller in
terest in the directorate. These three
will probably be William Rockefeller,
Stillman- The last named fnancier
now sits with George Gould on the ex-
ecutive committee of the Union Pacific
directorate.
When Jay Gould voluntarily relin-
pushed control of the Missouri, Kansas
and Texas railroad he said: THE Mis-
souri, Pacific system does not need the
Katy and the complete development
of the Missouri Pacific system will
leave me no time to devote to any out
side southwestern line" The transfer
by the Rockefellers of an investm of
not less than $25. 600, 900 from the Mis-
souri,. Kansas & Texas to the Missouri
Pacific is certainly something of jus
tif1cation of Jay Goulds judment. The
Rockefellers are now largely concerned
In the development of the Missouri Pa
cific and they have quietly Withdrawn
from the Katy" There is assurance,
however. that the relations between this
road and the Gould Southwestern sys-
tenn will continue to be harmonious and
mutually advantageous.
While the BOOKSELLERS have been in
creasing their buildings of Missouri Pa
Cific stock they have also been buying
more and more of the Chicago, Milwau-
Eee and St Paul shares. St. Paul is
now commonly spoken of as a Rookie
Teller road. Doubtless the time is not
far distant when more intimate re-
lationship will be entered into between
the Missouri Pacific, the Denver & Rio
Grande and the st. Paul. Certain rail-
road men declare that the plans to Sc
cure two or more outlets to the Pacific
coast for the Missouri Pacific will ulti-
mately inure in the benefit of the Chi
cagO, Milwaukee & St Paul road