The Bridgeport evening farmer., 1910-07-30
YALE MAN HEADS
 FINANCIAL DEAL
Percival Farquahar, Shelf '84, Genius of Railroad
 Syndicate Plan

Back of one of the most wonder full and stupendous financial plan that has been tried in the history Q railroading in this country the effor to gain control of a complete trans continental railroad system stands th' figure of Percival Farouahar. a grad uate of the Sheffield Scientific schoo and a man known in the financial dis trict of New York heretofore mainly as promoter of South American en- terprises. He was graduated ron Shelf. with the class of 1884.
 The operations of. the syndicate were on an even larger scale. it now ap- pears. than was the first belief wher the whole matter came to light.
 Altogether }ong before the resourcei of the syndicate were impaired they had bought stock of the roads in the proposed system to an amount cer. tainly in excess of 95OOOO shares anc representing cash payments of s5O,OOO,- O0O -
 What the syndicate really aimed al was n=ocean-to-ocean-Pa Pan nericar combiuationnf ra1roans. The Canad- ian Pacific was to be in it, or of it to the north. The ocean-to-ocean plan would then be worked out with the roads mentioned, but the scheme would not stop there Connection would be made with Dr. Pearson tramway things in Mexico. and through that avenue with the railroads ofzEzN all of the more important of which ,Percival Farquahar had either bought or optioned.
 Theresis in certain banking quarters sanction Aof the notion that the Pear son. -Farquahar syndicate after all was not quite eliminated: that it still re- tains a. large interest in the various railroad properties which it undertook
 @f hnv in ~ had to let go and abandon its under taking.tit merely had to call in assist ance. This would mean that a new and stronger syndicate had succeeded the first. Limitations were frequent yesterday@ afternoon that the Pearson Farquhar scheme might, at length. De carried out. but whether this should be understood to refer only to the ocean-to- ocean scheme or to the whole ocean-to-ocean-Pan- American combl- nation, nobody was sure.
 The venturesome one of the syndl- Percival .Farquahar. MT. Farquahar, 1t became known, is a native born American, a college man and club man. who in his early days was a Tammany Assemblyman. Wall street Epeculator and man about town. ana later a. soldier of fortune in South America. 8. promoter of South Amer1- ran enterprises and finally now a cap ltalist of France. Brazil. England, the United States and the world generally with headquarters in Paris. He was born in York, Pa. in 1863 and after graduating at Yale also graduated from Columbia law school three years later and represented the old Third district insthe State Assembly in 1891 and 1892. His father. a wealthy iron man of York. Pa. established him in New York city. and he entered poli- tics under the patronage of Calvin S. Brice. then United States Senator from Ohio. Senator Brice put him under the wing Of Hugh Grant. swhen MT Grant was Mayor
 Farquahar was elected to the As eembly and represented the district at Albany in 1891 and ;.1S92. MT. Far puahar left politics for finance and presently appeared in Wall street as the confidential secretary of Gen. Sam Gel Thomasl father of E. R. Thomas. Farquahar. who was an officer in the Seventh regiment. National Guard, had to go to the State camp at Peeks kill. While he was there on duty the etock market broke and the officer left his regiment unceremonfously and hurried to the city, He was too late 10 protect his, commitments and to add to the hard luck. he was presently for desertion. It was not long afterwards that he quietly left town