The daily morning journal and courier., 1906-11-08
HAR2IMAN'S MEN FORCE
 OUT STUYVESANT FI.H
LONG CHERISHED PLAN BE- LIEVED TO BE AT LAST
 REALIZED.


 the Coveted Line From the Atlantic
 to the Pacific Oceans--Was the Miss
 ing Link in System Which, if Unf-
 fled, Puts Under One Control More
 Than 2S,OOO Miles of Railroad Capital,
 ized at Mere Than $1,7OO, 1000, ,OOO--
 Fish Accused of Bad Faith.
 New York, Nov. 7.--By the election to-day of J. T. Harahan president of the Illinois Central Railroad company, to succeed Stuyvesant Fish, it is be- lieved that B. H. Hartman has at last realized the fulfllment of his plan to control railroad line from the Atlantic to the Pacific oceans. In this great plan the Illinois Central was the one link missing to complete line of track from New York to San Francisco and Portland, Oregon; from the Great Lakes to the Gulf of Mexico, and from the gulf to the Pacific again. Until within a few months eastern terminals of the Hartman system were at Kansas City. Omaha and New Orleans. The first important step in the direction of se- curing the desired outlet on the Atlan- tic seaboard for the Union Pacific and Southern Pacific railroads is believed to have been taken by MT. Hartman several weeks ago, when 1t was report ed that one of the roads under his con- trol had taken over control of the Ball. timore and Ohio company, which was sold by the Pennsylvania Railroad corn- pany. This would give Mr. Hartman & route from Chicago and St. Louis to Baltimore and New York. To complete the ambitious proposition for contirl- uous line from ocean to ocean it was necessary only to connect the western terminals of the Baltimore and Ohio with the eastern terminals of the Southern Pacific and Union Pacific, and this purpose the Illinois Central serves amply. Its line from Omaha to Chi- cago ties together the Union Pacific and Baltimore and Ohio, while the Illi- nois Central branch from Chicago to New Orleans gives the Southern Pacific entrance into Chicago and the seaboard. Taken together, this system, if unified. puts under one control more than 2S000' miles of track, capitalized at more than l $1, 700 ,0OO 900.
 l James T. Harahan, vice-presidsnt of the Illinois Central, was elected presi- dent of that company at a meeting of the board of directors in this city by a vote of to 0, the adherents of Presi- dent Fish not voting. The meeting is reported to have been a stormy one. The directors who voted for MT. Hara- han were John Jacob Astor, Robert w. Goelet, John W. Auchincloss, James T. Harahan, E. Fl. Hartman, Walter Luttgen, Charles A. Peabody and Cor nelius Vanderbilt. The following direc- tors did not vote: Stuyvesant Fish, Charles M Beach, J. Dewitt Cutting and Charles s. Deneen, governor of ll- linois, who is ex-officio a member of the board. John c, Yelling, another director was not present owing to Ill., ness. No successor to MT. Harahan was chosen, but the other officers of the company whose terms expired were reelected by vote of 10 to 0, Messrs. Fish and Beach not voting.
 Shortly before the meeting the eight directors who voted for MT. Harahan sent a letter to President Fish giving their reasons for refusing to vote for his reelection. The letter declared that in June last, without consulting the other members of the board of di- rectors, MT. Fish issued a circular to the stockholders requesting proxies for . tno 11nvf Y1nn nnt. ing of the board it was declared Mir. Peabody offered a resolution that 8 committee of directors, including Messrs. Astor, Auchincloss, Goelet, Luttgen and Vanderbilt, be appointed to request proxies from stockholders for the annual meeting. It was declared that MT. Fish defeated such action by leaving the room and breaking a. quo- rum. The board then adjourned, and during the following week, 1t was de- clared, Messrs. Fish, Peabody and Har- riman signed an agreement that the successor to w. Morton Grinnell be se- lected by a majority of the directors, that MT. Peabody's resolution be with drawn and not revived, and that MT. Hartman asked that the Hartman Kuhn-Loeb proxies be given to MT. Fish This agreement is said to have been made to secure peace and provid- , ed that MT. Fish was to vote all prox- ies. The letter continued as follows;
 At the meeting held immediately aft CT the signature of the paper MT. Pea f body withdrew his motion, all proxies
 1hicb could he controlled were subse- < quently delivered to you, and you were relied on to carry out the agreement. We feel warranted in saying that but for the agreement, a proxy committee would have been appointed by the board which would have obtained a majority , of proxies and you would have been ir i considerable minority.
 Shortly before the annual meetinb Messrs. Auchincloss, Goelet, Harahan
 Hartman, Luttgen, Peabody and Van
 derbilt, a majority of the directors, no
 tified you in writing of the selection oi 7 Mr. Henry W. DeForest as a successor l to MT. dirinnell, in strict conformity 3 with the agreement and requested thai s the proxies in your hands be cast fol him, as agreed by you, which you ab, e solutely refused to do and instead uset 3 the proxies to elect your personal, in. Q dividual nominee. You were not satis. fled to vote for MT. DeForest on tht
 ground that no selection had actually
 been agreed on, and so leave vacanc! , to be filled by the board, but you pro oeeded to appropriate the proxies ant