The Dawson news. (Dawson, Ga.) 1889-current, 1908-09-23

know Hartman until J. Pierpont
Morgan marked him out for slaught-
er. Morgan is almost as brutal and
intolerant as Hartman, but he has
some tact. 1t used to be a favOrite
diversion of MOrgan's to rip the liver
and lights out of impertinent per-
sons who crossed his path in Wall
street. Hartman crossed Morgan 5
path several times before Morgan
decided to rend him in the Northern
Pacific affair Morgan went into
that fight as blithely as ever he went
into a contest in his life. Before
halt was called his eyes were pop
ping out and he was in terrible dis
tress. He no longer was lord of
| Wall street. Hartman had given
him the fight of his existence, and
much as the wounds hurt his pride
was hurt more Since the day of
the Northern Pacific corner Harri-
man has been playing a larger and
larger part in the affairs of the ma
ton, and Morgan has been plying
smaller and a smaller. When the
president declared war on Hartman
it is an open secret that Morgan,
with savage delight, did what he
could to embarrass Hartman, but
Hartman was too securely in
trenched to be hurt. In the panic
days last October Hartman and Nor
gan met several times without the
police being called in, and now there
is peace between them, but it is the
sort of peace that Hartman always
dictates, the peace wherein his SOW
ereignty is accepted and where his
will prevails. Morgan now is classed
as his ally and supporter.
Hartman has surprised no one
more than Wall street. 1t was felt
when the national government ar
raigned him that he must fall, but
instead of falling he has been climb
ing higher. Wall street idolizes
strength and success. 1t never has
had so much success as is persOni-
fed in Edward H. Hartman. Wall
street looks upon him today as the
only man who can take hold Of a
bankrupt trunk line and put it on
its feet. But then he seems to in
still life and energy into everything
he takes hold of. Wall street meas
ures morals by success, and Hartman
has done in a few years what the
great captains of a former generation
striVed for and failed to do in a life
time. He has made himself master
of a real transCOntinental system.
An Absolute Dictator
One-haIf of the railroad mileage
of the United States has been Harri !
manized and it is as certain as any
thing of this sort can be called GER
tain that the next ten years will see
the bulk of the remaining half Har-
rimanized also. He personifes the J
great force that is Transforming the
railroad situation in America. What
is startling in this connection is that
there is no other man in the cOUn-
try who measures up with Hartman
or can be considered as his successor
or his rival
When Hartman and Morgan made
their peace the former controlled the
Union and Southern Pacific, the two
greatest roads in the west; the Bal
timore & Ohio, the Reading, Jersey
Central, Lehigh Valley, Delaware &
Hudson, the Illinois Central, the
AtchisOn and the Central of Georgia
He rescued the Wheeling & Lake
Erie and the Wabash railroad from
bankruptcy 1t is expected that be-
fore many weeks he will take over
the Rock Island, the largest railroad
system in the world, and it is con-
sidered that it is only a question of
time before he will take charge of
the New York Central and the New
York, New Haven & Hartford.