The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-07-29
GOULD'S SURRENDER
STARTLES FINANCIERS
Means Elimination Of One Of
Most Potent Factors in
Railroad World

Chicago, H.. july 25 THE Recosl
Herald says
Is the elimination of George J
Gould from the galaxy of railway
magnates and tae substitution. OF Ed
ward H. Hartman to be the next
great msge ip the transportation
This question has been pounding at
the door Of Wall stree. fer some tiMc
and became acute yesterday when il
vas stated that Mr. Could would ar
rive from Europe and would seek the
aid OF Kuhn Loeb & Co. in the reinan-
cling and reorganization Of his vast
railway properties Wall street, is.
therefore, ON tiptoes and burning up
with anxiety for it is true that the
ambitious son OF jay Gould nas run
up the white flag OF surrender, IL
means the elimination OF one of the
most potent factors in the railroad
world and at the same time one OF
the most mysterious and picturesque.
~Wall street also stands agape at
he rnmor because Of the realization
that il wculd mean the passing Of
me mans dream 10 bec5m the mas
en- mind and master hand Of tpe
transportation of an entire countrS
md the realization of a similar dream
jy his most implacable fee Edward
a. Hartman for the asceldency Of
hartman is q provision understood BY
he banking firm. Il would also mean
hat the Standard Oh Interests, which
It one time took George Gould into
heip confidence and aided his schemes
1y pouring millions into ,nem, had
armed to another pilot in the sea Of
inancial distress which has come up
N the railroads during the last six
months
No wonder Wall street is quivering
yith eXpec;ant excitement for, with
ldward II Hartman as the guiding
land OF the Gould system, his power
n the railroad field would be so great
IS TO be almost uncanny In the entire
Vest there would me none to longer
I dispute his autoeratic sway. except
where his lines thread the Pacific
/ Northwest and encrOach upon the do
main of James 8 Hill, ard he would
practically be the master Of two great
ailway systems stretching from the
'acific 10 the Atlantic and from the
/ iulf to the Great Lakes ard almost
/ the Canadian border His power
n the traffic world would be well nigh
mpreme. for his would be the ability
diatate as to rates and conditi Ms
urrolmdiug traffic 20 the four corners
II the United States.
Gould coups in the Pact
That Gould is in tight quarters with
aspect to his railway properties IL
confidently declared by Wal. street
and rs emphatieGly denied by his
friends The latter declare that hi-
srong boxes from which The n5lliNus
ave poured as II by magic IN the pasi
I shen nccdfd to iesca the powerful
! oennsylvaaia system that here was
/ no tonnage storehouse, not even in
Pittsburg, which Is sacred % any sin
/ Gle railroad interest, When needed Ia
each the great Baltimore and Ohio
hat hiehways of The cast are not ise
divine heritage OF any sinele tfanspol
iation interest, apl that ihefe are sila
open roads 10 tie ea Tern seaboma'
gben needed TO prove 10 Hartman
1 himself that ihe b0updle5s West wa
TO great for one man TO cover IL by
The single hand Of his authority. and 10
ay that no other should invade this
rich treasure house aud ada 20 its
transportation facilities, and when
needed time and again in the past TO
show the eastern financiers that the
Goulds were still Independent of then
! dietation
And now, SO the rumor has It, I'D.
ward n Hartman has at las succeed
ed in getting beneath the Gouht -fmor
plate aud has dealt a fatal blow %
the dictatorship of George j Gould
II this be true, q viii be The close OF
one of the mcst Spectacular fights that
has been waged IN railroad history
The fight of one man sometimes aided
but most often single-handed and alone
against the most powerful combina.
tion of capital aud railroads that has
ever been formed