The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1909-09-15
YOUNG MORGAN IN
HARTMAN OFFICE

New York. Sept. III. p. Morgan.
jr. was elected today to the late 4.
H. Harrimans place on the board OF
directors of the National City bank.
BY Wall street the election Is regard
ed as one of the most significant of
the weeks financial development
presumably indicating that harmon
ious relations exist between the Nor
gan and the Kuhn. Loeb.Standard OIL
groups of fi1ancier5. Added weight
was given the event because IL fol-
lowed closely upon reports that the
Morgan interests were about to take
an active interest In governing the
Hartman roads and that the younger
Morgan was slated as the ultimate
successor of Mr.. Hartman in COM
mand of the Union Pacific and South
ern Pacific systems.
The National City bank is controlled
by the Kuhn, ebStandard oil inter
ests, which yesterday assumed a conf
manding position-for the time being,
at least-in the Union Pacific exec
utivc committee.
George W. Perkins. of the firm OF
]. p Morgan e Co, is already a d.
rector OF the bank and the addition
al recognition given the firm today
was taken to mean not merely the eX-
istence of an entente cordiale" but
the consumation of an active working
alliance between the two great groups
OF American financiers.
In Commanding Position.
The commanding position which the
National City bank interests now hold
in the Hartman railroads Is indicated
by the fact that four of the six mem
bers OF the reconstructed executive
committee on the Union Pacific are d.
rectors in the bank, Jacob Schiff. VII
Ham Rockefeller Frank A. Vanderlip
and Henry C. FTick.
The changes in the Southern Pacific
directorate today as a result OF Mr..
Harriman's death was precisely the
same as those made IN the Union Pa
cific directorate yesterday. Judge
Lovett succeeded Mr.. Hartman as
chairman of the executive committee
while Jacob IL Scblff and William
Rockefeller. were elected directors and
made members Of the enlarged OK
ectutive committee, No action was
takop in the matter of electiug a sue
cessor 10 Mr.. Hartman as president
There were meetings today of the
directors OF the Illinois Central and
the Wells. Fargo company. IN both OF
which MI Hartman had member
ship. No board took action TO fiji the
vacancy. The directors of the Union
Pacific, which Mt Hartman organ
lied out OF comparative chaos, paid
him their formal tribute today In res
nv Marvin
Henry c. FrIck and Charles A. Pea
body.
OF Kind Heart.
"It Is impossible" say tho resolu-
tons" here to record any adequate
expression of appreciation of Mr. Har-
rlman's work for the American rail-
road system, for IT must form q large
and important chapter in the history
of our times But we who were intim-
ntely associated with Mr Hartman.
appreciate even more the qualities
less conspicuous to the public. Tho
kindness of his heart, the strength OF
his friendship. the qulckness OF his
sympathy and his loyalty TO all his
associates were traits OF his charac-
ter so marked as TO inspire the devo-
ton of all who knew him we'll, and his
happiness in his home circle was an
Inspiration and delight We deeply
mourn his loss as a personal friend
and as the head OF these companies.
and tender to his family our profound
sympathy"
Judge Robert S. Lovett, chairman OF
the executive committees of both the
Union Pacific and Southern Pacific
companies. paid tribute TO Mr.. Har-
riman at yesterdays meeting which
was given out today He said:
Judge Lovetts Tribute,
Gentlemen, we meet today on what,
TO each of us personally and TO all
these corporations, is the shadow OF a
great bereavement. One OF the most
remarkable men this country has ever
produced and certainly the greatest
man of his generation, passed beyond
when last Thursday afternoon at AT
den. Mr.. Hartman died. Today the
whole world recognizes his greatness
and acclaims his achievements
There never was a kinder heart. more
sympathetic nature. truer friend, or
a man moro loyal to ihs business as
sociates and fellow workers. | am
sure YOU wish TO make some record
OF your appreciation of this extra
ordinary man"