The Washington herald., 1906-11-06
PEABODY GUSTS FISH
Inside History Of Illinois
Central Presidents Fall.
INSURANCE FIGHT REVEALED
Insisteace ON InxestigatiOn Into Mu-
tuaI Life Affairs Cause of Dethrone-
ment-Harriman Holdings Aug-
mented Greatly of Late--NOw Has
ControI-EIeetiOn Held Tomorrow.

New York Nov. s.-TLe illinois Central
election IS all over but the shouting.
When the directors meet Wednesday they
VIII dep0sa Stuyvesant Fish, president
Of The road Tor the last nineteen years,
and in an probability elect J. T. Hara-
han. who in 1N9 was made second vice
president OF the company through Mr.
Fishs Influence. and has since held that
place.
Neita,r Mr.. Flsa nor Mr. Hartman
would discuss the contest to-day, but Nj
Harahan's supporters claimed-and Air.
Fish's supporters eone4d~d-the election
OF 3ir. Harrimaus candidate bv vote
az TO T.
That tho nla ajosity for Mr.. Harahan
had become so overwhelming that Mr..
Harrjmau's supporters could declare that
there was no contest. was due. friends
oS Mr.. Fish said. 60 the activity Of
Charles a. Peabody. president Of the Mu-
tuaI Life. quite as much as 90 the in
duence Of Mr.. Hartman II is well
known that the breach between Mr. Pea
body and Mr.. Fish grew out OF Mr.
Fisb's insistence on a thorough iuvesti-
cation of the Mutual Life by the inves-
tiyatinz committee Of which both were
members.
Represents w. W. AStor.
John W. Auchlncloss, also q Mutual
trustee. sided with Mr. Peabody. and the
latter was eventually able to secure the
support az both branches OF Tho Astor
family I'm his contest against the rebel
uous trustee. Air Peabody is the busi-
ness representative OF William Waldorf
Astor iu this country, and succeeded him
o. the Illinois Central board when AIr
Asfor changed his residence from New
York 10 London.
The amount Of stock held 10y the Har-
rimau party is greater than when the
agreement was reported last summer,
which. it was agreed at tie time was
p rictoTy for Mr.. Fish. At that sime the
holdings OF the Hartman party were not
estimated higher thau % per cent These
direct Union Pacific holdings were aug
mentcd bv purchase. and when e. them
we're added The Astor. Vanderbilt. and
Belmont holdings. the total is sufficient
in tho opinion of many impartial observ-
ers, to Justify the assertion that the al
lied holdings constitute stock control It
is not believed To be a majority control,
but sufficient for all practical purposes.
To Merge with L. p.
Railroad men generally believe the plans
If the Hartman party contemplate the
merger Of the road with the Union Pa
ciflc system, but do not believe the stock
control will publicly pass until the echoes
Of the contest have died out.
They consider It very likely that in
tho course of time the stock holdings of
the Hartman party Will be transferred
TO Mr. Harrlihan's favorite holding com
pany. the Oregon Short Line. which, itself
controlled by the Union Pacific. controls
the Southern Pacific ana various other
roads, as well as very probably the Bal
timore and Ohio stock recently purchased
by the Hartman party.
With the exception OF the Baltimore
and Ohio. the acquisition of the Illinois
Central is the most important the Harri-
man party has won since it secured con-
troll of the Southern Pacific
Stuyvesant Fish. Il is said viii re-
taHate on Hartman BY giving to Presi-
dent Roosevelt evidence tending 10 show
that the Union Pacific Railroad is guilty
OF huge land frauds in Idaho ard Utah.
L. II. Harriman's represen -ative in
Chicago admit to-day that the plans Of
their chief include the depOsing of Fish.
This. il was learned from reliable sources,
viii result in the fling Of evidence with
President Roosevelt tnat will form the
basis Of an attack on Hartman.