The Washington herald., 1906-11-11
One of Five Men Who Con-
troll Our Railways.
ROSE FROM A BROKERS' CLERK
His Remarkable Success i'm ReOrgan-
izing and Combining Railroad sys-
tems--A Lover Of Agriculture and
Fond of Literature and Art-How
lie Dominates the Residents.

StuyNeSant Fish III the HBuL lOT tViitiOI
Of the Illinois Central Railroad, is con-
.spicuous figure. and an interesting one
in the world Of finance and. railroad de-
velopment He rose from brokers
clerk to be capitalist Of national fame.
1T took some nerve to throw away 80
000000 or S6o00000 worth OF railroads
and TO put s6.C00000 or 100000 more new
ones in to do the same business. l only
use that as an illustration Of what was
done on the Union Pacific" That. from
some remarks by Hartman to the stock
holders Of the Union Pacific and the
Southern Pacific AT a San Francisco BAN
ouet, is typical Of the man. He has an
iron nerve-and il ought 10 be added that
his nerve is backed up by good Judgment
A dozen years or so ago no one had
heard Of Z. H. Hartman IN the railroad
world To-day he is one Of the FIVE men
who practically control the policy Of the
railroads of the country.
Mr. Hartman was born at Hampstead.
l.. /. His father was an Episcopal cler-
gyman, and beyond being able 10 give
his so1 a common-schOoI education and
the benefits Of his own college acquire
ments he had nothing 10 offer. At the
age of fifteen the son went to work. ano
showed no signs of future prominence
except in the excellent Judgment that be
possessed in agricultural matters and
his knowledge of horses. He was laying
up a stock Of knowledge however. but
even as a boy he was taciturn, and few
people knew much about him.
Began Hs a Broker.
He became "A New York broker in Wall
street. and then a private banker. He
was first heard from through his activity
in opposing. as minority security-h0ld-
er. the reorganization Of the ETie Rail-
road by J. Pierpont Morgan. Later he
appeared as the controlling power in the
Chicago and Alton Railroad. and then
mis- influence as a railway huancier be-
gan 20 attract attention. He directed
the reorganization Of this company. lie
next turned his attention 20 the Kansas
City. Pittsbmg and Gulf Railway. which
he reOrganized into the Kansas City
Southern. recent writer Of railway
notes quotes the late Coils ?. Hunting
ton as saying. Keep your eye on Har-
riman He is going TO be a big man in
The railroad affairs OF this country. lie
has a genius for reorganization and COM
biu1tiou" When the Union Pacific
Southern Pacific combination was ef-
fectcd the prophetic words Of Hunting
ton came true r. H. Hartman sue
ceeded the prophet SO the head OF the
Southern Pacific.
BY this time the Af0rgan-Hiu interests
were watching Hartman ciosely-and a
good many things happened Spectators
iu railroad stocks are not likely 10 for
get that fight Of Hauiman's which kept
Wall street in q ferment FOR many days.
Hartman IS quick. far-sighted. and
hold nn8ncier, ana has the Gould faculty
Of gathering around him executive men
of frst-class ability. In business. TO
those in his employ. he is Imperative
and wants 90 be 0beyed with military
precision. He is q kind employer, how
ever. and IL an employe does his work
right he Is appreciated, and need not
worry about lis relations with the head
of the Hartman house. Although re-
Dutcdly a brusque and uncomfortable
man 10 Interview az his office where bus
mess dominates everything. away from
mis- desk ne discloSes social qualities Of
most charming character. lie is well in
formed on literature, art. the sciences.
and other topics. Several years ago he
fitted out a carefully equipped and
planned scientific expedition TO Alaska.
which ne accompanied in person. He
chartered a vessel and paid all the ex-
penses. the result Of the expedition being
clevcrly and instructively described I'm
volume printed for his own personal use
and distributed among his friends.
Interested in BlOoded stock.
II is AT his stock farm. however. that
Mr.. Hartman is seen at his best On the
I .2,g
stands high. His splendid estate at Ar
den. New York State, is IN high state
/ of cultivation. His pastures are we'll
stocked with blooded animals and his
! stud farm is the best in the country for
| the breeding of tr0tters and PAGERS. Ar
den is near Tuxedo, in orange County
and the Orange County Horse Show AS
/ sOciatiOn owes its existence to Mr.. Harri-
man, who organized it and is its presi-
/ dent He started the goOd-roads move
ment there building at his own expense
/ a splendid road from Southfield to Arden
/ 70 connect with the good roads all over
/ his own estate. following it UP with gen.
/ erous gifts wherever an effort was made
/ 10 build road in the country.
The growth of stock raising by Mr
/ Hartman on his Arden estate is inter-
esting. When he had been on the farm
l only little while he wanted to own at
/ least one horse with a national reputa-
/ ti0n, and so he bought StaIIboul the
most famous stallion in the country in
/ his day. Shortly after the purchase
Stamboul was taken to California. where
/ he was entered for the $4,000 purse for
/ trotters. winning easily in 2;071z. MAX
/ ing the worlds. record. which he held
/ for a considerable period. The horse next
/ in fame owned by Mr. Hartman was
purchased after the death OF Stamboul
and is the famous trOtter John r. Cen
/ try
Was "a SeIf-reIIant Boy
There are a few persons still in Wall
street who remember a self-reliant boy
taciturn. energetic, and independent to
/ the point of surliness. who ran-or, rather.
walked-errands for firm Of small brok-
ers for a year OF two. James Stillman,
/ president of the National City Bank, who
/ is a congeniaI chum of Mr.. Hartman
said some time ago: I do not believe
that Ed Hartman ever hurried except
/ at his own volti0n.' Young Hartman
had rich connections. but he disdained
\ their help. He primarily announced his
intention TO work his own way up the
/ financial ladder As a boy he was a
! speculator, and it is a tradition of Wall
street that he was invariably successful.
/ He had genius for divining the quick
est way to make money. He was scarcely
more than twenty-five years old when he
was able to buy a seat in the New York
Stock Exchange. Il was on August iS,
/ 1870 that he became a member OF the
/ stock exchange He started in the stock
/ brokerage business with a brother, and
/ his immediate success was in dealing in
/ the securities of the illinois Central Rail-
road OF which company he subsequently
became an influential director.