The Cairo bulletin., 1909-09-24
arI quick ralfying power He al. once
q - 70 Secure tte Colorado and

ai.u Idith ThIyiuS power. nc al ohe
u 70 SECURE the Colorado an'
Southern. running from Denver in
sa.LAeaaleE.I,p direction Though III
Texas Gotten fields 60 Galveston. Tn /:
road was connected with the NORTH
fern Pacific at Billings. and it gave
Hill a much more direct route for his
cotton. Thus at Harriman's death
there was a traffic peace between the
two great riva's In the long fight
Morgan stood behind Hill, while the
Standard Oil group stood behind Har-
rman. Had Hill died the other ia r.
there can he little doubt that Harr.-
man world have negotiated" the Hill
roads, and the railroad empire would
have teen established.
But the potentioal emperor is dead,
land his successor Is a syndicate. Very
able men have succeeded Hartman.
but the combination does not make
even a part of a Hartman. What
will Re the result?
there is peace. Harri-
man lieWenants are in charge aud
the rlmor that Morgan's son was 10
be elected to fill Harriman's place in
Various directorates has not been
verified. II has been explained, how
ever, that if this plan had been car
lied ont, the financial situation might
have been panic-smitten. There is
some reason to suspect. nevertheless,
that the original plan has not been
abandoned, Although minority
in various railroads, Har
Giman had associated with him enough
to give him absolute CON
troll and a free hand.
The other day ]. Pferpont Morgan,
IT., was elected director Of the No
Lional City Bank. the largest institu-
ton Of ita kind in America. a Stand
ard Oil bank. in short The elder
Morgan is associated with some of
he Standard Oil group in the control
Of the steel trust. DO these asSo.3a-
ions, old and new. inlicate that Hit
Is to regain his influence with the
Illinois Central and that the Union
Pacific is to pass into his control? Is
aiH to become the emperor that Har- ,
imam dreamed of being2
The most plausible explanation is |
hat there is to be peace, that the !
MO groups are to quit cutting one an
lther's Threats ana that the dominaf-
ng influence Is to be Morgan, ThereI
yili probably be no more radical COM
etition II Morgan is to he a con
Rolling interest in the Hartman /
aoperties, he viii certainly be averse
any warfare between the Hill and /
he Hartman interests, AS the finan-
ial power behind Hill he will not
aant to see that great railroad man
Eippled, nor will he want to see Hill !
fipple any of the rival properties.
morgan in the present situation Le
&mes the tie that binds. Hill now
bows that he need} give himself no
Aore concern, The STANDARD Oil
soup will probably be satisfied with
eace.
aHut one thing is evident, ii these
Armises Of ours are correct and /
Hat is that virtually the entire rail-
oad system OF the country will be
pntroled by harmonious group, /
Norge Gould wants to negotiate a
90 OF s150.0G9e05 to put on his /
Aids, and the three great financial /
Foups in New YORK will probably |
eln in securing the toney for him. /
9th the Hill and Hartman proper
u will probably he controlled by a
Rup composed Of NpFgan, fiH tine
Ncketellers, the Vanderbits and the
hiking firm of Kuhn, Loeb & CO.
Nn this combination the big figure
NIL be ]. Pierpont Morgan. He bids
#fr to regain the place from when
lArriman displaced him several years
gb, and this time he will retain his
1r0ne. Experience has taught him
le disaster Of war, and being on
ood terms with both the rival inter
SITS, his word will be law and peace
i'll reign in Warsaw. Commercial
sAeal