The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-20
Inference WITH
/ PRESIDENT BRIEF
/, Hour Spent by Railroad
Waguate MelIen Discuss
ing Situation.
|rHIyG GIVEN OUT AS
TO RESULTS ATTAINED
a. Potent Finaneiers Have
RecentIy Held Consultations
With Chief Executive.

r,sEINGTON, March 1e.-The in
.r betwcen President Roosevelt
CHARLES s. Mellcn, president of the
yo,k New Haven & Hartford
,,.d recently arranged for the pur-
of discussing the railroad situation,
clsce at the White House today.
..tsd not more than thirty-ive min
No statement of the questions
,s.s5 WAS made at the White House,
~ Mellen declined 70 talk.
IL. Mellen said he did not expect
lain visit the White House for a
.fsrsncc with tho President unless
! VAS sent for.
M. Mellen's visit was the outcome
call made at the White House last
4 by ]. Pierpont Morgan, the New
Ii 6nancier. who came TO Washing
\ Al the request of many business
70 discuss the present business sit
j|jop, particularly as affecting rail
The visit of Mr.. Mellen followed the
nference he had several days ago with
Esideuts McCrea, Newman and Hugh
a Of the Pennsylvania, New York
ntral and Chicago & Northwestern
i|ways, respectively. These four were
names suggested to Mr.. Roosevelt
Mr. Morgan. II is not known at
\ White House whether Messrs. Nc
Ia, Newman and Hughitt Will visit
\ Roosevelt. The President will see
I'M ii they come.
Held Numerous Conferences.
During the past three weeks Presi-
kf Roosevelt has had visits from half
0ozen we'll financiers and rail
"a men, with whom he has discussed
nous phases of The railroad situation.
rs include j, Pierpont Morgan,
|nB s. Speyer of New York, Presi-
Do stickney of tho Chicago Great
tern railroad; B, r. Yoakum, chair
ID Of the board Of directors of the
I<ago, Rock Island & Pacific; e. II.
@Hinau of the Union Pacific ". and
|a7les s. Mellen of the New York.
ID Haven G. Hartford railroad. All
ihese persons have made specific
lamentations, Incorporating their
f " oh the question whether the Prcsi-
q should recommend additional rail
Elegislation, and most of them have
Led him TO make a statement defining
attitude in explicit terms, with a view
allayiug public apprehension. Gen
&lly there has been but little approach
unanimity in these recommendations.
B has referred his callers, who want
formation as to his attitude to his
|Dir declarations On this general sub
a and has told them that he means
Fpe consistent with what he has al.
Nj said
~ Learning What He Can,
le President says frankly that he
tzrning all he can regarding the
I|fpad situation. and that he intends
eontInue to consult with railroad peo
and others on the subject. 1t is
'aerstood be is making inquiries on
Pc points pertaining TO federal super
|'on and control of the railroads; TO
n question of an appraiscment of the
'{pcal valuation Of such properties,
n 20 the matter Of the issue OF varl-
\ forms Of Indebtedness. AS he sees
objection to a proper issue of obi.
'nons for equipment, terminals and
tsrmeuts, but thinks there should be
Hreful scrutiny to see that stocks or
'lds are issued for such purposes.
'ae President has not reached any
determination as 10 whether he
y make any recommendations to
'ngress for legislation on any of
|Es matters. The President has made
pain to his callers that he cannot be
feied to outline his policy in in
MAJ talks with them, and that infer
~ as to his attitude must not be
'xn from what he says in these cas-
talks.
den he has made up his mind and
:aay to tell the public lust what his
inae Is on particular questions and
f1iciauy on the railroad issue. he
40 SO IN a speech or in a message
congress. Some expressions from
are expected on the railroad ques-
anflng the next few months. The
.sacnt is scheduled TO make four
5cnes between now and the middle
sune' and IT is expected that he Will
something 10 say on the railroad
ieh IN one of these speeches.
IN Melleu left for New Eng
at 800 o'clock this evening.