Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-12-03
.|NO VAST SYSTEMS
RESULT Of SPLIT
HAwLEY AND MooREs AT HEAD
OF RIVAL GROUPS FIGHTING
FOR RAIL CONTROL.
GIGANTIC STRUGGLE SEEN;
HAWLEY LOOMS LARGE
Numerous Railways Being Aligned to
Complete Rival Transcontinental
systems-Hawey, Backed BY Yoak-
UNI. Leaps Into Prominence as Har-
riman Successor.

riman Successor.
New York, Dec. 3.-Two great conti-
mental railroads are to spring out of
the separation of the Rock Island
Frisco system. One is to be controlled
by Edwin Hawley and B. f. Yoakum
and the other by the Moores and d. G.
Reid. This conviction settled upon Wall
street today when it was officially an
nounced that w. H. Moore, his son, E.
president of the Rock Island, and D.
q. Reid are to be given places on the
Lehigh Valley board of directors.
The conviction that stupendous deals
are pending in the railroad world was
further enhanced by the Statement that
an announcement would be made in a
few days to the effect that the Moores
would be given representation on the
| board of the Wabash road. These two
events would mean material chang
ing of the railway map of the country
and the creation of two rival trans
continental systems from the Atlantic
seaboard to the gulf.
Astounds Railroad World.
| The series of events which has led
up to the Lehigh Valley announcement
has happened so rapidly as to leave
all authorities in the railroad and fin
ancial worlds agape with arnazement
and it is now certain that there is to
be a struggle for supremacy in ter
! ritory west of Chicago covering more
than fifteen states.
\ The move which has grown out OF
the parting of the Moores and B. F
Yoakum is along the line Of effort pur-
suek in recent years by other western
railway owners, notably the late Ed
ward H. Hartman and James j. Hill
who sought eastern outlets for theil
| western roads.
Huge Battle is Near.
Back of the Lehigh Valley announce
ment, also. lies the story of the am
| billions of big men in the railroad
world, ambitions which ran counter t.
one another and caused the divorce o
two great railroad systems, ambition
that separated men who had carried
thru deals calling for millions an,
II brought together $4,000 miles of rail
road under one management, ambition
that almost forced the organization o
two hostile railroad camps from whicI
). many more millions are to be brough
forth to wage battle in the transpor
tation world.
Such is the meaning which Wa
street reads in the stirring events {
MI
! for it now seems certain that one f
I nancial faction backed possibly b
Speyer & Co., and header by w.
Moore, is to enter upon a determine
struggle with another faction, baclle
by the ST Louis Union Trust Compan
of st. Louis and headed by B. F. Yoai
um and Edwin Hawley, for the S,
premacy in certain rich tonnage field
of the middle west and the southwest
: What Big Deals Mean.
As Wall street sees the situation tn
2 changes which have recently take
place in the railroad map of the cour
try mean this;
First-That Edwin Hawley, aide
by B. F. Yoakum, or YoalSum aided
Hawley, is to be in the railroad wor
what Hartman was, maker of gre;
railway systems
T second-That the Moores and d.
Reid are to be rivals of Yoakum an
Hawley in buying UP railroads al
\ welding them into harmonious system
1'hird-That there is to be war, gril
Hrelentless war, in which millions
i money will be spent, between these tv
e factions in the railroad world.
IIourth-That the Moores are stri'
: ing to get a transcontinental route fro
Il the seaboard to the gulf and possib
across two continents by the way
81 Mexico City.
:. Fifth-That the Yoakum- Hawl
: combination has the same ambitio
: and that there is to be a race betwee
Q the two financial interests for the go
:. sought, "a CO. -ordinated system of tran
continental lines.
Hawiey New Huge Figure.
: The recent coups in which Edw
: Hawley has been the main factor ha'
II startled the raiiivotli "ferld, and RI,
make him, for the time being, at lea
the foremost figure on the railro;
horizon. The railroads which he nc
: controls if linked into one systel
3 would make over 10000 miles
: road. The system would tou
the .seaboard at Baltimore and e
tend from there thru Cincinnati
Chicago, from Chicago to st. Lo
:. is, from Toledo 10 st. Louis, frc
e St Louis to Kansas City,( frc
c Chicago to the Twin Cities and Sio
City, from Kansas City to the me
important centers in Oklahoma a
Texas and from Kansas City and
It Louis to Galveston, New Orleans a
10 Brownsville.
=, Alone and Of itself the Frisco Systs
- is apparently made up of scattered b
~ Of railroad With the Eastern Hin
re and the Evansville and Terre Haute
10 has a line from Chicago to st. Lo,
20 and lines from Chicago, ST. Lol
: and Kansas City to Oklahoma a
y Texas points, to Birmingham a
ie fIouston, Texas, to Baton Rouge.
II The Frisco served as connection
ut tween two or more widely separa-
re portions of the Rock Island syste
be With the Frisco out. the ROCK lsia
Twill haye lines from Chicago to 4