The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-10-17

| L
meeting of the Illinois Central stock
holders re-convened today it was evi-
| dent that the chances for a vote on
directors today was small. The proxy
committee, which had worked the
| greater part of the night, had gone
| through the letters and had gotten in
to a discussion in which it was pro-
posed tnat all conflicting proxies be
thrown out. This was objected to by
Fish and adjournment was taken un-
til three o'clock.
Chicago, H., Oct 1.-THE meeting
of the Illinois Central stockholders,
in which a warm contest is expected
for control between Stuyvesant Fish
former president, and E. H. Hartman
opened at noon today. The contest
over proxies continued up to the hour
of meeting. The 1S-hour trains which
arrived this morning brought patches
Of delayed proxies from eastern stock
holders. The followers of Hartman
declare there is no probability of his
losing control, many claiming he will
have a majority outside of the 1885,,
731 shares which will not be effective
in the election more than sufficient
to carry through anything he wishes.
Four directors are to be elected, to
succeed Fish, Hartman and John ia
cob Astor, whose terms expire and
who are candidates for reelection,
and to fill the vacancy caused by the
death of c. B. yelling. The outstand-
ing stock of the Illinois Central is
$50 400 shares. OF this it is estimated
that 100000 shares are not represent
ed, and deducting the shares which
will not count in view of the order
issued by Judge Hall, there is left
563, 500 snares, which will not be far
from the maximum number of shares
voted.
At yesterday mornings meeting OF
the Illinois Central directors, Charles
A. Peabody, president of the Mutual
Life Insurance Co., disputed with
Stuyvesalt Fish on certain matters.
Fish, said Mr.. Peabody, you cannot
talk to me like that, nor is there
man living with inches enough to
tell me 1 do not tell the truth" As
Fish, with cheeks af1ame was striding
from the room, Peabody began to
apologize, and a member of the board
called after Fish that Peabody was
apologizing and was sorry for what
he had said. Il have not the slightest
interest in what Peabody is or is not
sorry for,'' shouted Fish, and "he can
go to blazes.'' Peabody collapsed in a
chair. and Edward H. Hartman, VINO
had been watching proceeding with
amusement. said, Never mind MIN,
Mr.. Peabody. let him go and We can
get down to business.
A New Financial Aphorisnr.
Chicago, Oct. 17-.-You place an
obstruction in front of it aid it causes
a business overflow This is one of
the new financial aphorisms to which
Edward H. Hartman, who came to
Chicago to battle with Stuyvesant
Fish, gave utterance when asked to
express his ideas upon the future of
the country This obstruction" con-
tinued the Napoleon of the railway
world, ''has been placed in front of
the liquid stream of money and has
already caused serious check in its
flow This obstruction is an apprehen-
sion which runs like a prairie fire and
has permeated the minds of the peo-
pie 1t has been caused partially, if
not entirely by agitation again. the
corporations in general and the rail-
roads in particular. and it will last
until the people awaken to the fact
that we must have sane, comprehen-
sive legislation upon these subjects. !"
Mr. Hartman said the country was
too great and prosperous sto have a
money panic, and was entering on a
natural and healthier period of reac-
ton. after which we shall live slower
and surer. and saner.