The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-01-14
designations of Two Former
Local Men From Rock Is
land Said to Be Result OF
Their Troubles.
FIELDING JACKSON A
FACTOR IN THE ROW
New York Dispatches Hint
That the Young Man Caused
Trouble Between His Faith
er and Mr.. Reid.

Have two of the famous Richmond
Group Of Financiers," Daniel G. Reid.
and Richard A. jackson, who havo
been closely related personally and in
business way, in the management OF
the Rock Island system. parted com.
pany?
Color is given to this belief because
of the forcing out of Mr.. jackson from
the presidency and directorship of that
road. and then the resignation ycster.
day of Mr.. Reid as chairman of tho
Rock Island 4 Pacific railroad 1t
was announced yesterday that Mr..
Reid had also resigned as chairman OF
the executive committee OF the entire
system. but this is denied.
Has Two Theories.
Wall street has two theories to cx.
plain, the meaning of the changes
among the officials OF the system.
One is that ii mearely means a break
between MIR. Reid and Mrs. jackson
and that the withdrawal OF the latter
was thS ShIet SuouSC dlleSteu.
To substantiate the report of the al
legged break New York dispatches in
sinuate that Fielding Jackson. a son
of Mr.. Jackson. and a stock exchange
member. who formerly handled a lot
of business for Mr.. Reid. has lost this
patronage.
1t is alleged that one Of the causes
for the 'shake-up'' in the Rock Island
system was the discovery Of traitor
in the camp A New York dispatch
hints that this traitor" is relative
Of Richard A. Jackson" The dispatch
referred to follows:
Reid Didn't Say Much.
At his offices. No. II5 Broadway. MIR.
Reid was asked: Have you anything
to say about Rock Island affairs:''
Nothing whatever" replied Mr.
Reid. with a smile.
will you express an opinion as To
the action taken by the governing COM
mittee of the stock exchange resulting
in the suspension of S. b. Chaplin and
+. u. Countiss:'
Il do not know anything about tho
way they handle matters over there"
I
market. you know" said the financier
with another smile.
Mr.. Reid was asked as to the truth
of report that he had stated there
was a traitor in the Rock Island camp
in the person of a relative of Richard
A. Jackson. affiliated with a promi-
nent brokerage house. and that, being
unable to punish the younger man. tho
elder Jackson had been forced out OF
the presidency of the Rock Island
company of New Jersey.
Moore interposes.
Don't answer that question:" inter-
posed Judge Moore, and acting upon
this suggestion Mr.. Reid deemed It In
advisable to go into the matter.
What is Mr.. Jackson going to do:"
Better see jackson about that"
quickly retorted Mr.. Reid.
Mr. Reid was asked IL he was the GUS
toner referred to in the statement is
sued by Chaplin & Co. on Wednesday
evening. in which they declared they
had received an order to buy 4O.ODD
shares of Rock Island common 1t the
market and divide the order among 20
other brokers.
Don't answer that question" de-
manded Judge Moore who in response
to a question as to the truth Of the re.
ports that the relations between Mr..
Reid and himself were strained, de-
clared that the answer was contained
in a statement which he showed the
reporter. The statement read:
Judge William II. Moore says that
the report OF q disagreement between
himself and d. G. Reid are unf0unded
and states that he and Mr.. Reid are
working together in perfect harmony" :"