The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-11
HARTMAN BARRED
FROM HILL FIELD
Bankers Order Him to Keep Out
of Great Northern Ter
i. ..- ritory.
Special to The Journs

Special to The journal.
New York, May 11.-There are
strong, if not unmistakable, signs that
E. H. Hartman has given in to pres
sure and has agreed to the terms die
tated by the firm Of Kuhn, Loeb & Co.,
the Hartman plans. These terms may
be roughly outlined as follows:
There shall be no attempt to invade the
territory now held by J. J. Hill, in return
for which the influence Of Jacob Schiff
will be used to prevent any invasion of
| Hartman territory by the Great North
| ern. .-.a..
| That the plan to bring the Union Pa
cifc over it's own controlled lines into
Chicago shall be abandoned, the Union
Pacific retaining it's present relationship
toward the North Western and the St.
Paul This concession is intended to head
! off the plan Of the St. Paul to build to
| the coast. ... .s-
| That E. H. Hartman shall not attempt
to kill the Gould central lines by carrying
out his threat to compel them to unload
their freight at Ogden and Ell Paso.
/ That the Chicago & North Western
the San Pedro, Los Angeles & Pacific
railroad, the new line from Salt Lake to
the Pacific. ..r, -..s. .. -.- - u.s..
That the opposition of E. H. Hartman
to the Hill plans for the Northern Securi-
ties company shall cease forthwith and
shall not be resumed.
The net result is the most severe set
back that any magnate has ever re-
ceived at the hands of the banking fra
ternity Mr.. Hartman has always been
a dictator. Now the domineering mag
nate is brought up with a round jerk.
In the railroad field the result will
be far reaching. It will keep the Har-
riman surveying corps out of the Clear
water country unless J. J: Hill LIS, GO,
center the attention Of the Hartman
offices on the Portland right of-way
which needs attention badly. AS a re.
suit Of it the Shasta route is to be
brought up to the standard of the main
line of the Southern Pacific. The ship
ping facilities Of the Portland route
are to be improved to compete directly
with the main lines OF Northern Pacific
and Great Northern. In other words
the cash Of the Union and Southern Pa
: ciic treasures is to be used in the de
e velopment of present lines rather thar
3 in the building of new lines.
The San Pedro route is going to b.
!. one Of the centers Of railroad interest
in the west: Under the new agreement
+ will either have a direct traffic agree
/ ment for a right Of way over this line
e or will be allowed to buy half Of tn,
]; stock. Within twelve months or SO
unless present plans are again upset
) North Western will operate it's owl
T trains over Union Pacific to a connec
t tion with the San Pedro at Salt Lake.
/ Yet the whole transcontinental situa
d tion has been SO mixed, so confused an.
&c so changing that no one. even the direc
~ tors of the various roads, knew at an,
I time just where the roads stood wit
t respect to one another. twas this I'M
is certainty that tested the principle 0
- community Of interests to the breakinl
II point Not one of the whole crow
trusted another. It is safe to say tina
Or there has never been in the history 0
ID the ranscontinentals period Of S
g. much uncertainty. TulSLIuSG dHQ 1RHOl
ance as there has been for the past ST
Sc months.