New-York tribune., 1910-07-30

necessary for a quorum. The other retiring
officers. including Robert Mather, chair
man of the board, between whom and Mr.
Westinghouse there has been an open
breach for the last few months, were re-
elected for the ensuing year.
Mr. Mather when seen after the meeting,
was asked If Mr. Westinghouse had re-
signed as president or had been deposed.
Neither one nor the other" he replied.
His term of office expired, and he was
not reelected
Mr. Nather declined to add anything to
the official statement given out by the dl-
rectors, which merely gave the names OF
the officers elected for the year, without
making any reference to the retirement OF
Mr. westinghouse other than to say that
Mr. Atkins was elected president to sue
ceed him. The statement added:
Mr.. Atkins. at the earnest solicitation
of the board, has accepted the election TO
the presidency, with the distinct under
standing that his retention of the position
is to be temporary and until the board
shall select a permanent successor.
Mr. westinghouse continues as a, director.
hut II is believed that he will sever all
connection with the corporation When MS
term of Office as a member OF the ooard eA-
pires in 1872 His retirement from tne
presidency did not come as surprise 10
Wall Street it having been looked TOT oe-
cause of the friction which was Known "
exist between him and Chairman Manner
who represents the banking interests taaI
have been in practical control OF the coiii-
,,.ny since the reorganization, in Decem-
Der, 1908.
I, had been expected. however, that Mr..
Westinghouse would fight any eHort 10
ous- him from the presidency, and for
while il looked as If he ntehdeo u pu' op
fight as he cancelled trip to Europe
and announced that he Woula stay u li.l1
country for the purpose of attending the
animal meeting of the stockholders on July
q at Pittsburg. The day before the meet
g.. ,o,,a,,er he issued a statement de-
c,arine that he would not be present 'ha'
.Lra u,ould he no controversy made py
hin, at the meeting and that he had no
,ro.-1adee of any controversy to be maze
a. b,s hebalf In this statement he severe
" criticised Chairman MaIher
rd,yin 2 Atkins is a member OF T.
.41,;rs e. Co of Boston. He is dlrectof
80 the American Sugar Refining Company >
IT. American Trust Company, the Eilot
Na+5onal Bank, the Guarantee Company oi
,noerics and the West End Street Rali"dS
con,nanv. He has been director Oh lile
Westinghouse Electric and MISUNDERSTANDING
C1cnnanv since its reorganization. he Is dieo
president and director of the ftla MILLS
Comnanv. the Boston Wharf Company the
So1adad Sugar Company and the Ir,nioad
Sugar COMPANY and is principally KNOWN
ae q manufacturer and importer or CUBAN
sugars He was president of the Bay state
sugar Refining Company from 1913 10 looo'
and was also vice-presldent and director OF
the Union Pacific Railroad Company from
1889 to 1895.
George Westinghouse has more lnven-
tions to his credit than any other Aner1-
can. with the exception of Ihomas A Eo1-
son He began as a youth by inventtng a
rotary engine that is in use to-day on rail-
roads and steamships; then, after the war,
in which he served as an engineer in the
navy. he invented a re-railing frog, and
later the Westinghouse air brake Alto
gether. he has produced three hundred sue
cessful inventions. and among railroad men
when ANYTHING new i'll the line of electric,
steam or air equipment came with the
stamp of Westinghouse approval 1t was
accepted as all that II was represented.
To manufacture all his inventions ii was
necessary to form many companies. Thirty
were formed altogether, with an aggregate
capital of S75,0o,00O. Mr.. Westinghouse S
inventive genius kept ahead of the capital.
however. and when the panic of 1907 came
oD il was found that the big company, the
Westinghouse Electric and Manufacturing
Company, had undertaken more than 1t
could carry out A receiver was appointed
and reorganization carried out at the in
stance of the great financial institutions of