The Montgomery advertiser., 1905-02-12

tion as Means to End Competition.
 l
 Railway Systems Dominated by Rocke- feIIer Interests.
 Mileage Stocks and Bonds. Vanderbilt Hartman
 group. :. .. ...40,S40 $2,2S6,210, 900 Gould Pacific group.13,7ss 597,s5o, 900 Rockefeller Group
 proper. .. .. ..lO,2ss 7o,ooo. 900 Santa Fe System... 7,s09 441,00O,000
 Totals. .. ....72,740 Ss,ss5, ,22o, ,0O0 New York Special to Chicago Record Herald.
 Standard oil interests to dominate and control the transportation facilities of the whole country?
 That was the question discussed in high financial circles today when it be- came known that Standard oil, togeth- err with the Hartman syndicate, had succeeded in securing practical control of the Atchison, Topeka and Santa Fe Railroad.
 In the pursuit of their purpose to ob- tain a grip on the countrys transporta- tion facilities the Standard oil mag mates have decided to make Edward H. Harriman, himself the head of a railway system of over 1S,000 miles, the sole managing head of all Standard Oil railway properties. It dawned up- on the financial world today that Har- riman backed by Standard oil, is al- ready the greatest railway king of hiss tory.
 Control Made Certain. | All doubt of Rockefeller Hartman control of Santa Fe was removed when 1t became known today that a special meeting of the Santa Fe board will be held here tomorrow with view to giv- ing two Standard oil representatives places on the board. It can be stated with almost official certainty that the Rockefeller representatives will be William Rockefeller and Henry C.. Prick. MT. Tricks selection, however. has not been determined beyond recall. It is understood that Rockefeller and Prick will displace Edward D. Kenna, who resigned some time ago from the board and who yesterday resigned as First Vice-President of the company. and also John c. Mccullough. formerly Governor of Vermont.
 The announcement of the Atchison program, following, as 1t does, as soon after the news that the Standard has se- cured a substantial interest in the Van derbilt properties, leaves no doubt as to the purpose of the Rockefeller Har- riman combination. Today Standard loil Is by far the greatest single power in American railroading. and 1t is a power that is being extended with startling rapidity.
 Have Power IR West.
 The Rockefellers, together with the men they have taken into their fold, now control the transportation industry west of the Missouri River to the Pa- cific Coast, and from the Mexican bor- der on the South to the domain of James J. Hill near the Canadian border on the north. Should the Northern Se- Icurities case be settled in favor of Ed ward H. Hartman the Standard oil lcontrol of the transportation facilities Iof the Western world would be com lplete.
 About two years ago the Rockefel- lers formed an alliance with the GouIds and gradually became interested in all the Gould properties, their represent atives being elected to the boards of the leading Gould roads. Then came the alliance with Edward H. Hartman and Standard oil acquisition of sub stantial interests in the properties making up the Hartman system, es- pecially the Southern Pacific and the Union Pacific. Three Union Pacific di- rectors-5tillman, Hyde and Rogers now represent the Rockefellers fin Union Pacific control.
 Dominate Vast Systems. | These two alliances gave the Stand ard oil control of the Southern Pacific Union Pacific, Missouri Pacific, Wabash Oregon Railroad and Navigation Com pany, oregon Short Line, International and Great Northern and other import ant Western systems. It only needed Santa Fe control to permit of the Standard oil interests dominating the railroad situation in the vast territory west of the Missouri River.
 Between Chicago and the Missouri River the Standard oil interests are now sufficiently strong to exercise a supervision if not An actual domina- Ition. They control the Northwestern and the St. Paul roads, and are said to be reaching out after other proper. ties. East of Chicago their first at- tacks was upon the stronghold of the Vanderbilt family, hitherto sacred for generations. So surprising was the announcement that Standard oil had loosened the Vanderbilt grip upon the northern half of he eastern territory that the financial and railroad worlds at first refused to credit it. It was only lafter known Standard oil representa- lives had been elected to the New York Central board that the Rockefeller in- fluence was no longer denied.
 Dodge Combine Problem. ! The acquisition of the Santa Fe by the Standard oil also demonstrates that the financial kings have decided to ef- feet by other means what they have failed to effect by the Hill method of consolidation represented by the North ern Securities Company. While the law may prevent Sonsolidations it can not prevent private ownership of stock Therefore practical. though not actual, consolidation Is being effected by pur- chase of stock interests in the several properties. This will be as effectual in throttllng competition as actual con Isolidation.
 Second only in interest to the cam Ipaign which Standard oil interests are lcarrying on is the fact that they have chosen Edward H. Hartman to direct the management of all the properties which they control. When the Stand @ ard oil people first began their cam paign of railroad aggrandizement 1t looked as though James J. Hill would be their chosen leader. The Hill star. however, soon began to wane, and sud denly the Hartman star came into the ascendency. This fact Is said to &C., count largely for the i'll feeling which has existed between Hartman and Hill and their bitter fight in the courts over the final disposition of Northern Sc. cUrities stock.