Bisbee daily review., 1907-10-26
WALL STREET HAS AN ORGAN VS
 HARTMAN
Banks at the Big Railroad Financier mad Gives Him Some Doleful Advice About Wanting Too Much.

E. Ii. Hartman no sooner gets one fight off his hands than another crops ap. says the all Street Journal The federal investigation ceases, but the F'ish-IIlnois Central ngnI Tases with renewed fury Coincidentally with this comes a series of savage at tacks upon him by one of the ablest newspapers of the United States All the while his financial enemies. seen and unseen. keep up their assaults, and all the time he faces them with that defiance and determination which have characterized his whole career.
 In constructive achievement and ability to hold his own in the titanic struggle that is ceaseless in the fi- nancial world, E. H. Hartman is equipped as few, if any, financial leaders have been equipped; yet in that tact which is often more vital than power, and that finesse which wins public favor when everything Nelse fails. Mir. Hartman is poverty stricken in comparison with the yer iesst financial tryo.
 When Mir. Harrison bought $60, ,000,- 900 Of Baltimore & Ohio and New York Central stocks in 1906, he was undoI btedly laying his plans for a HarriIRan transcontinental from coast to coa st-1erhaps two of them. IL never advanced beyond a tentative stage. Yet had there been no finan- cial uphtsaval. and less. anti-railroad legislation, today all the Hartman resources and energy would be brought to bear upon the consum- nation of this colossal idea But it is now indefinitely postponed-prob- ably abandoned.
 What, then, is Mir. Hartman to do I? He wifi have to clip some of those colossal wings which have inspired such fear, net only among his rail road rivals, blt the public as well If he does not clip them himself. 1t is inevitable thlt somebody will clip them for him.
 The Union Pat fife must dispose of all those securities in the treas. ury oT the Union Pacific not essential to the Union Pacific railroad, viz: New York Central, Baltimore & Ohio, Atchison, St. Paul Chicago & North western, Great Northern. Pacific and Chicago & Alton. Its disposition of these stocks should be done in a way to do the least harns It is pos sible that this could be done by means of an dependent holding com. pany. absolutely divorced from Mir Hartman, and avoiding as far as pos sible the public objections to holding companiec.
 In the eyes of the large portion of the public, Mir. Hartman has horns. a eleven foot and a tail Eyi. dence, however, is yet to be deyeI oped proving him guilty of dishon- esty or crime. while this great con. structive work in the Western rail road field is something for which the American people are his debtor. Crit icism of Hartman will not suffer by reason of iast appreciation of these facts.
 But MT. Hartman must confine his energies tributary to his Pacific sys tems. Had he done this fifteen months ago, there would probably have been no Hartman investigation and no shattering of Pacific values If MT. Hartman will take this steI involuntarily before it is forced upon him, be will make a concession tC public opinion that will be we'll re ceived, and which incidentally should force recognition on the part of tho > public of the intrinsic value of his lwork in building up the West The / nooale- -aro- -4aEinnatnd- in- TX mn mile railroad system, but not vet ore pared to accept a 50,0O0 or 100. GOO mile system
 The Wall Street Journal would re mind Mr. Hartman again, as it re minded him year ago, before tht Hartman investigation took place: If Mir. Hartman aspires to become the railroad colossus, let him remem Der one supreme, impressive fact which is that the American people much as they admire superior lead ership, are not overfond Of a Col ossus- It will be well to remind Mir Hartman that the Colossus oi Rhodes was destroyed by an earth quake"
 The American Fleet ought to be ir