The daily morning journal and courier., 1907-10-05
FISH ON THE ! HARTFORD ACTION Former President of Illinois Central Wishes All the Stockholders Would
 Do Likewise. TALKS AGAIN OF
 PADDING RECEIPTS Says Study of Harriman's Methods Should Prove
 Interesting to All
 Concerned.

New York, Oct. 4.-Stuyvesant Fish,
 ormer president of the Illinois Central
 ailroad, to-day gave statement re- ,arding the Hartford conference of stockholders in that company. He laid, in part:
 q shall be more than glad to see
 he stockholders in every city in the
 ountry thus get together of their own notion and send representatives of heir own choosing to the meeting in Chicago on Wednesday, October l6. st is in this way that stockholders can best come to know what is being done svith their property.
 "T'he Illinois Central Railroad com Aany's statement of revenue and eX- benses for the two months ended Au- gust 31, 1907, shows that in August
 With an increase of $300,250 in reve- hue, there was an increase of $247,- D17 in net receipts, thus confirming #vhat I said about the net receipts for Bune having been padded in order to 8nake a good showing
 Except in MT. Harriman's case, the
 Changes ar unimportant The com sbany's books show that on September #S, 1907, fourteen thousand shares of #llinois Central stocks were transferred From the name of the Railroad Secur- Mites company to that of .E. H. Har- 4iman,' and that on September 20, & BOT, one thousand more shares were
 Transferred from the Railroad Secur- #ties company to list of directors bfficers and clerks of the Union Pa 4cific and allied companies, for the ob- %yious purpose of qualifying them tc Attend the Illinois Central meeting And work therein for the interest oi %heir employer
 Those books also show that from Ahe Union Pacific company's holdings Ebf Illinois Central shares, transfers
 were at that time made to the names gamong others, of two of MT. Harri
 mans attorneys in the Chicago & Al yton, several men who sell supplies t
 the Illinois Central, and number O &ts attorneys, officers and agents, in, fcluding that of Mir A. G. Hackstaff
 It's vice-president
 "In the investigation before the in AEerestate3 commerce. commission last winter, it was proved that the Unior s#Pacific had, in July and October 1906 Bought from Mir. Hartman practically aall the shares of the Railroad Securi. #ties Co., which in turn owned 95,OOt Isshares of Illinois Central.
 ' Tt is not for me to say whether MT fHarrlman has now in fact bought Fthose fourteen thousand shares of Ill. fnois Central from the Railroad Securi- eties Co., of which he is the president Nor not. Nor if so, whether he has pait Efor them at the price at which he solt lslhis Railroad Securities Go. s shares tc $the Union Pacific last year, which was IAon the basis of Illinois Central share. lbeing worth $175 each, or has paid foi Rthem on the basis of the present valu, Sfof Illinois Central, which is about $1S lsper share. Indeed, have no reason sfto believe that Mir Hartman has paiC l#for them at all, That, however. is A'matter which does not concern us, bu lfshould interest the stockholders of tn, @Union Pacific who will meet in Sal #gLake on Tuesday next, Oct. s."