The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-01
HILL And The C.P.R. !.
HAVE FIXED IT UP
EACH WAS OTHERS
DREADED RIVAL.
MOST
,Amicable Relations Said to Be Due to
Lord Strathcona, Heavy Stakeholder
in Both systems-New Understand
ing Will Not Affect Extensions Pro-
jected or Now Under Way. s
Special to The Journal.

Special to The Journal.
New York, May 1.-"J. J. Hill has
made peace with the Canadian Pacific,
and there is not now the slightest
chance of serious split between those
two railroad powers of the great north,
west. You may take it for granted
that the Montreal contingent of the
Northern Securities company is com
pletely at peace with Mr.. Hill and. has
heartily, approved every act OF that IN
This statement from near headquar-
where the Canadian Pacific would stand
in any trouble chat might arise over
Northern Securities. There was be-
lieved to be a certain amount OF anti
Hill feeling on the part Of several big
stockholders of Northern Securities who
are also stockholders Of Canadian Pa
cifc. It was known that some friction
had arisen between the two interests on
account of the aggressive policy OF the
500 Line, which is controlled by Cana
dian Pacific.
Lord Strathcona is the owner of near
" $50 100000 of Northern Securities
stock He obtained it largely in ex-
change for big block Of Great North
ern, which he bought when the road was
built, and for another block of about
10000 shares of Northern Pacific. He
broke badly on the first decision. He
has always owned the stock outright.
He is also one of the largest if not the
largest individual stockholder in Cana
dian Pacific, Of which he was formerly
chairman. It is believed to be due to
his efforts more than anything else that
Mr. Hill and the Canadian Pacific rail
way have arrived at an amicable under
standing.
When Lord Strathcona came to Can
ada few weeks ago there was friction
under way, Mr.: Lowry of the 500
same time, and J. J. Hill met him in
New York. The two men are not par
ticularly friendly, tho always courteous
when they meet. This time they met
in amity, but scarcely in close commun-
ion. They talked over the matters
Northern differ, and reached the conclu-
sion that the causes of difference were
not sufficiently grievous to amount to
much. The one point upon which Mr..
Lowry insisted was that Mr.. Hill must
get over the idea that he owns the
whole northwest.
There are, apparently, not going to be
any radical changes in the program as a
result of this settlement The Canadian
Pacific and Mr.. Hill will never agree on
some points. For instance, it is stated
fatty that the Canadian Pacific railway
kane and will not give up this plan I'M
der any circumstances whatever. They
intend to establish what will be prac-
tically a new route from Spokane to the
Twin Cities. about ten miles longer than
the Great Northern, and twenty miles
will run thru the Crows Nest pass
which is higher grade than the Great
Northern route. It will not be SC
good route as the Great Northern tc
the twin cities, but will shorten the dis
t snOsr to Nv Wnnp 16o dTGm Seattle
Both the Hill and the Canadian Paci
fc projects in British Columbia will re
main. intact. Hill now has surveys
running over the mountains via tn
Semilkamsen valley, but has not SO ia
discovered route he can use for Goa
and other low grade freight. He re
fuses to build an expensive railroad t.
carry these products. He claims tina
the lumber and coal can only be CARRIE
over per cent grade. and he has no
found the grade. When he does h
will build.
The agreement, outlined in the frs
paragraph, does not therefore cut Of
any building on either side. It appear
to amount only to the fact that tn
Canadian Pacific railway will STAN
with Hill and not against him in tn
set effort 3va to fd KEEP tn Paf 1taS
Inc only rival 1edIeu by Cue I'LL rOuC
is the Canadian Pacific railway. Tn
only rival feared by the Canada
Pacific is the Great Northern. Th
Canadian route has the Northern Pac
fc, the Union Pacific and the souther
roads beaten on trans-Pacific freigh
It has only Jim Hill to fear. Their
fore the alliance is very important
means that there is not going to be an
war in the northwest Mr.. Harrima
might be unwise enough to engage Hi
alone in some kind Of a war, but Hi
and the Canadian Pacific railway t
gether with their great fleets on tt
Pacific, and their Comparatively 10
grade line across the mountains are tt
much for Mr. Hartman.