The Cairo bulletin., 1905-10-09
SAYS RAMSEY IS
BADLY WHIPPED
Gould Makes the Declaration in
the Wabash Fight
BOTH SIDES ANXIOUS
AS RESULT OF BITTER battle
TO BE RACED AT TUESDAY
MEETING TO BE HELD
AT TOLEDO.


New York, Oct SIT was with a
gh Of relief tonight t4at George J.
Gould, casting a glance over the map
Of The Gould System of railways
and sending a good night over bis
private telegraph wire TO st. Louis,
turned to Edward r. Jeffery. President
Of the Denver RIO Grande railway,
and Wfnslow s. Pierce, his legal adj
wiser, and said:
q have him lickedfv
The person to whom Mr.. Gould re,
ierred is Joseph Ramsey, Jr., for many
yeats hig man in the Gould affairs
and President Of the Wabash railway
one of the connecting links Of the
Gould system Mr. Gould betrays no
bitterness toward the man who by his
instruct ons last Thursday afternoon
was depused fri3m thu position of
President Of the Wabash, and real
izes that to maintain his prestige in
the financial world he must win the
fight which will eliminate In Toledo,
o., next Tuesday.
Neither Mr., Gould nor his legal adj
ysefs attach any great Importance to
the Injunction proceedings brought in
he courts of st. Ions Mr. Could IL
q the opinion that he forestalled any
acticn that might be taken by the
courts when at the maeting held at
| NO. 1875 Broadway, on Wednesday, +.
Al nelano, President of the Wabash.
Pistsburg Terminal Company. was
elected President of the Wabash rail-
road n place OF Mr.. Ramsey. the only
opposl ng vote being that " Mr.. Ram
lssey himself.
/ Mr Dclano went west Yesterday u
assume the duties of his new office.
and Mr. Gould's friends and advisers
remarked that Mr.. Delano could NOT
| be deposea save by action OF the
courts, and that, In any event, this
would occupy period OF two or more
years, and in the meantime Mr. Ram!
scy would be lost sight "a. The Gould
faction, therefore, looks with cquani
| nifty on the meet ing, to be held lii
Toledo, although admitting that there
IN likely to be bitter fight which
may lead to revelations as to the
methods indulged in by railroad cor
ocrations in financing new Issues 81
bonds.
The fight for proxies has closed
The Goulds have claimed that they
controlled 40 per cent Of the stock of
the Wabash road, and therefore il was
nceeseaTy for them 70 obtain only
IN additional Il per cent This state
5y Ramsey and his adherents who
claim chat the GenIda control nor
more than 10 per cent. Of the stock.
Nelther side has disguised its anxiety
obtain proxies,
If Mr., Gould has anything 10 say
said one Of lis closest personal friends
in response to the charges made by
| Mr. Ramsey he will do it h an orderly
manner at the Toledo meeting. Ii is
| not to be expected that this gathering
Will be as peaceful as a Quaker meet
ng. Il is Mr. Gould's intention 10 20
70 Toledo and conduct this fight in
person. He will answer Mr.. Ramsey
face TO face. He II assurrd that lie
ias a sufficient number Of proxies To
make certain The ratificas on of the
appointment Of Delano ar president
Mr.. Gould regrets that people
| friendly to his interests should say
anything derogatory Of Joe Ramsey.
| He appreciates Mr. Ramseys ability
~ a railroad man, but cane 10 the
ccnclugion that In many essenti al
points Mr.. Ramsey's views and hss
elashed Mr. Gould as the head OF
The Gould system wanted things done
his way. and Mr. Ramsey was of the
opinion that he had a better concep.
ion of the needs OF the business than
| Ais bogs. The result was inevitable. !
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