The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-04-21
HILL IS SUPREME
IN NORTHERN ROADS
Hartman Is Put Out of the Dh
TeCtorate Of the North
ern Securities.
GREAT BUSINESS AHEAD
End of the War Is Expected to See a
Wonderful Expansion of Traffic
with the Orient-M ereer
Will Continue.

New York. April 15-E H. Hartman,
president of the Union Pacific and South
crn Pacific railroads. was displaced from
the directorate of the Northern Securities
company at a stockholders meeting yes
terday, this action marking what Wall
street looked on as a elimination in the
long standing enmity between the Hill and
Hartman parties in the Northern Secur
ties company. BY a vote of strictly the
Hill shares and proxies, representing in
combination 2G4S,000 shares. Mr.. Hill elect
ed Amos T. French. son-n-law OF John 5.
Kennedy talso of the Northern Securities
company and one of Mr. Hills stanchest
supporters TO Mr.. IIarriman's place on
the board
There was no contest over Mr.. Harri-
mans displacement. The stock held by the
Hartman interests. including the $4,000
900 of Northern Securities shares in the
oregon Short Line treasury, was not
voted at the meeting at ali. nor has it
been voted at any Northern Securities
meeting since Mr.. Schff made his propo
SitOn to the board for a settlement of
the whole disturbance year ago. and its
absolute rejection by the Hill interests.
Rearrangemen Next Monday.
Monday the final act of the long draw
out Northern Securities affair will be en-
acted. The Encouragement of the north
ern lines will probably date from April is,
unless the. private affairs of j. j. Hill
should cause some slight delay
The next two months are going TO be
rather critical times for the shipping in
tcrests of the northwest. 1t will be settled
in what relationship the Northern Pacific.
Burlington and Great Northern will stand
toward one another.
Continuance of the ,Iil policy is predict
ed by one of the Northern Securities di-
rectorS. who said today:
THE Burlington. Northern Pacific and
Great Northern are worked together to-
day, Just exactly as they were before Mr..
Knox had the pleasure of defeating this
alleged combination. They will continue
to be worked together until someone
brings up case where this cooperation is
restraining trade. Then the roads that are
thus breaking the law VIII pay 500 day
i think that is the figure--so long as they
keep up the wrongdoing: and after that
they will so on working together some
morc-bu; not in the same speclnc way.
Hill in the Saddle.
Back of it all. the very spirit of the
northern combination--sits old man Hill.
So long as he stays in harness-and he
looks good for years yct-he Will be the
policy of the northern lines. He has
trained up one of his sons to take the
burden from his shoulders when the time
comes He says his chosen successor viii
worthly carry on the work. He is as good
a judge of that point as is any man on the
continent
1T looks as though the northwest is to
have the famous Hill policy in perpetuity.
That policy IS well known. 1t means the
making Of traffic centeTs where no traffic
was before. The northwest can explain
the methods whereby Great Falls became
A market Seattle grew from the art of
catching fish into the art of running of
commercial clearing house for the Pacific
ocean. Spokane became worth taxing.
There is going to be hot competition
for the oriental trade. Every muscle is
being strained by the two great Pacific
maSnateS to get ready for a rush of bus
ness about the winter of 1905 such has
never been seen before. They are looking
forward to peace. They are getting ready
for it, They believe that the result Of the
war is going to be that Japan will be-
comc a mighty commercial nation on the
sea. just as the wars of the fifteenth CEN
Jury made Holland and England traders to
the ports of all the world"