Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-11-08
Hartman BY Defeating Fish
May Realize Ambition to Con-
troll Such a System
HAS GREAT PROJECT IN MIND
Will Practically Control Transcon-
tinentaI Railroad Having Tracks
From the Atlantic to the Pacific
Coast - How Fish Was Deposed-
Details of the Meeting.

New York, Nov. S.-By the election
of j. T. Harahan as president of the
Illinois Central Railroad Company, TO
succeed Stuyvesant Fish, it is believed
that E. H. Hartman has at last real
lied the fuliillment of his ambition to
control a railroad line from the Attain
tic 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. Ore. from the great lakes to
the gulf of Mexico, and from the gulf
to the Pacific again. Until within
few months eastern terminals Of the
Hartman system were at Kansas City.
Omaha and New Orleans.
The first important step in the direc-
ton Of securing the desired outlet on
the Atlantic seaboard for the Union
Pacific and the Southern Pacific is be-
lieved to have been taken by MIR Har-
riman several weeks ago when 1t was
reported that one of the roads under
his control had taken over control of
the Baltimore e. Ohio by purchase of
a block of 10000 shares of the Balti-
more & Ohio Company, which was sold
by the Pennsylvania Railroad Com
route from Chicago and st. Louis to
Baltimore and New York. To complete
the ambitious proposition for a con-
tinuous line from ocean to ocean it was
necessary only 10 connect the western
terminals of the Baltimore & 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 Chica-
go ties together the Union Pacific and
Baltimore & Ohio, while the Illinois
Central branch from Chicago to New
orleans gives the Southern Pacific en-
trance into Chicago and the seaboard.
System of $4,000 Miles.
Taken together this system. if uni
fed, puts under one control more than
$4,000 miles of track, capitalized at
more than s1,70G,O00,O00.
James Harahan, vice president of the
Illinois Central, was elected president
of the Illinois Central by the directors
by a vote of 8 to o. the adherents of
Stuyvesant Fish not voting The meet
ing is reported to have been. stormy
one. The directors who voted for Mr..
Harahan were John Jacob Astor, John
w. Auchincloss, Robert w. Goelet,
James T. Harahan, e. H. Hartman,
Walter Lluttgen, Charles A. Peabody,
and Cornelius Vanderbilt The follow
ing directors did not vote: Stuyve-
SAINT Fish, Charles NJ Beach, J. De-
Witt Cutting and Charles S. Deneen,
governor of Illinois, who is ex-officio
a member of the board. John c. Well
ing another director. was not present,
owing to illness No successor to Mr..
Harahan was chosen, but the other of
ficers Of the company, whose terms ex-
pired, We're reelected by vote of 10
to 0, Messrs. Fish and Beach not vot-
ing.
Shortly before the meeting the eight
directors who voted for Mr. Harahan
sent letter to President Fish giving
their reasons for refusing to vote for
his reelection. This letter. after re-
citing incidents leading up to the re-
cent election in Chicago of Mr.. Fish
as president of the Illinois Central,
says:
Fish's veracity Questioned.
I'VE are quite aware that you gave
reasons at the meeting for your refus-
al to fill the vacancy as agreed, and
you are reported as going SO far as to
claim that you had some understanding
to the effect that the person to be
elected should be satisfactory to you,
thus substituting yourself as the sole
judge, whereas the entire intention of
the agreement, in respect of the va
cancy, was to eliminate you as the
person to select and substitute the
Judgment and action Of majority of
the directors.
''The simple fact appears to be that,
regardless of your written promise on
the faith Of which you were entrust-
ed with the proxies, you found no diff
ficulty in satisfying yourself that your
personal interest and the interests of
the company are identical and any
action was justifiable to assist to Sc
cure your own control.
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