The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1909-09-12
FUNERAL TO COST
LESS THAN FIVE
HUNDRED DOLLARS
Hartman to Be Laid to His
Last Rest at Arden Today
without Display and in Sim
pie Cemetery.
MORGAN, JR., SUCCESSOR
so THINKS WALL ST.
Great J. Pierpont and the
..Vizard" Arranged Their
Differences at Recent Con-
ference at Arden.
american News service)

(American News Service)
Arden, ". Y, Sept. 1.-THE vast for
tune OF p. II. Hartman, which the
great financier preserved so zealousiy
during his life, the untold millions In
accumulation of which he lost his
health and to defend which he braved
IN exhausting voyage across the ocean,
even when the hand of death was upon
him, is still guarded by his foresight,
and the immense body Of his estate is
to be preserved intact many years by
his command.
IT want the Arden estate completed
according to the plans. have arrang-
ed that all my interests be conserved as
a unit SO long as will be advantageous
to my heirs,' said Hartman to one Of
his managers shortly after his arrival
home from Europe.
Estate for the Son.
TIarriman's eldest son is still q mere
boy, and It is presumed that the dying
father aimed to preserve the estate
without depletion until the young
man was old enough to assume capa-
BILE command Of the tremendous inter-
ests which he will inherit.
It is known that Hartman makes
bountiful provision for all his blood
kin and also bestows large sums on
charitable institutions.
Hartman will be buried tomorrow
IN the simple little church yard at Ar.
den. There will be no display. Aside
from the steel lined mahogany coffin
the funeral will cost less than five hun
dred dollars.
Rival Interests Merged.
wall street has settled down to the
conviction that J. p. Morgan. Jr., is to
succeed Hartman as chairman OF the
executive committee OF the Union Pa
cific and that Robert s. Lovett will
succeed to the presidency OF the COM
pany.
This report is strengthened today by
the development that q week before
Harriman's death, J. Pierpont Morgan
visited him, and the two great masters
of finance and transportation calmly
composed their differences with an un-
derstanding that the Morgan interests
were to enter the Union Pacific should
death overtalCe Hartman. The re-
port was further strengthened by the
renewed evidences that the elder Nor.
ran was continuing to buy heavily OF
Union Pacific securities. just what
his accumulations amount to thus far
IS q matter OF conjecture.
Il is believed they are already heavy
enough to enable him to control the
election of two directors to be chosen
at the annual meeting October II, tc
succeed Hartman and Rogers.
combination, 1t is said. will then be
formed by the loyal Hartman men or
the board and the two new Morgan al
rectors. At meeting OF the bOarc
Monday It Is expected that no busines:
VIII be transacted. It's only object
Judge Lovett declared today. is t.
adopt appropriate resolutions on the
death Of Hartman.
Attitude Of Kuhn Loeb.
The attitude Of Kuhn, Loeb ant
company is matter Of peculiar inter
est to both factions. That concern Il
custodian Of the proxies Of stockhold
ers. In q statement issued Friday
that firm is making second appeal tt
stockholders to forward promptly
their proxies for the October meetin.
or the board. It is said that 1T is an
nounced that Kuhn, Loeb 4 Co.. tn
National City bank interests and othe
leading interests are acting In unisoI
In the Union Pacific affairs"
Fear was expressed on Wall stree
today that this may indicate the for
nation Of . pact between the Nationa
city and Kuhn. Loeb banks to mi
thinRs'' with Morgan In the latter's at
tempt to get control Of the Union Pa
cific with q view to CARRYING out HArri
mans policy to the letter. Such
battle would be fierce. It's conse
ouences would be so terrific that con
seryative financiers are inclined to be
iieve It will not occur. Besides. It /
generally thought that Morgan has al
ready acquired enough stock of hi
own. which pooled with the holding
OF Hartman and the Hartman party
viii easily give him control.
Not one word could be obtained t.
day from the Morgan bank concernin
this plan.
At the Union Pacific headquarters n
one would talk.
THE WEATHER PROPHET