The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-02-25
tsThen get out Of my directoratesl

Then get out Of my hrectoratesl''
he said. 8
And Gould got out, without vast
ing any time worth while. He pro-
ceeded to sell $4,000, 900 of bonds
and the rest Of this particular tale Is
told in the construction Of the Western
Pacific.
It was thus that the record stood
insurance scandal fell upon Hartman
and his associates.
It remained, however, for the closing
months Of 1905 to bring the last real
serious break to light. Then came the
break with Thomas F. Ryan over the
Equitable Life. .ll$
With a few minor exceptions, like
Horace Burt, whom Hartman fired
from the presidency Of the Union Pa
cifc, O. NJ. Hays for whom he per-
formed the same gentle office on the
Southern Pacific, and some other rail
road officials and government men, this
completes the roster Of the Hartman
enemies. It is list rather well worth
studying, If a man wants to know just
what E. II. Hartman is cup against. =
Here is the list: J. j. Hill, II. E.
Huntington, J. P. Morgan & Co., the
First National Bank of New York, the
Crock Island crowd Edwin Haw-
ley, James R. Keene, George j. Gould,
Thomas F. Ryan, the Bank Of Com
MERGE, the Morton Trust company.
| It is futile to attempt a detailed out
line of the resources behind these men.
"James j. HILL" used in this list,
| means more than one can guess. 1t
means the whole ''Hill ring" includ.
ing the Earrings Of London, John s.
Kennedy, Lord Strathcona and all the
powerful capitalists included in what
J the United States government called
"J. J. Hill and Associates It Is
enough to say that the recent rise OF
Great Northern preferred stock added
to the wealth Of this coterie over $50,
100000. b.. .-.
In all probability, the aggregate
wealth of the men who would, if they
could, break E. H. Hartman in pocket
body and mind, and cast him from the
street, would run far over 100000,
| 900. This, Of course, would include the
treasury resources of the great rail
ways in the control of these men, name
| ly the Great Northern, Northern Pa
cifc, Burlington, Missouri Pacific, Rocl
Island and Frisco, Colorado & South
ern and the Denver lines. "
With Hartman, to this writing
stand the National City bank and
Kuhn, Loeb g Co. The moment eithe
one Of these two draws away from him
Hartman is lost. So long as they stay
with him, no one of all his enemies, OK
cept J. J. Hill, who Is not afraid 0:
anything On earth, will dare to seri
ously attempt the task Of breaking
Hartman. 4. ~ a .z.s ~.
The signs that are omnibus are two
First, the two great firms Of Kuhn
Loeb & Co. and J. P. Morgan & Co.
are drawing closer together. MI
Schiff and Mr.. Morgan are workin,
together better than they ever hav
before. They appear to have burie,
their differences. If E. H. Hartman
does not recognize this fact, he is yer,
likely to break with Kuhn, Loci
& Co.. L.. !.
Second, and more important, J. j
Hill, George J. Gould, the Rock Islam
and the First National bank are draw
| ing very close together in their COOP
GRAFTON to break the Hartman mon
1 opoly of traffic out Of San Francisco
If, when the Western Pacific is com
pleted, in 1908, the Burlington is i
Salt Lake City and in alliance wit
the Western Pacific, Hill, Morgan, tn
First National, Gould and the "Roc.
Island crowd'' will be together as on
man to meet Hartman on the shore
Of San Francisco bay. Together, the
can accomplish what, divided, the
dare not attempt.