Norwich bulletin., 1911-08-11
Trick Leaves
 Union Pacific
RETIRES FROM DIRECTORATE OF
 THE RAILROAD.
IS WORTH OVER $10o,oo0.O0O
Will Take Greater Ease in Future-His Union Pacific Activities in Conflict With His Atchison Interests.

New York, August 1O.-The retire ment of Henry Clay Prick from the directorate of the Union Pacific Rail- road company was announced this aft ernoon. MT. Prick rendered his resig- nation some days ago. but for some reason nothing was said about his re- tirement until today It is understood that he will retire from other large corporations with which he has been prominently identified for many years, including the United States Steel cor. poration.
 Proposes to Take Greater Ease.
 Friends of the capitalist and former ironmaster say that his primary pur- pose in retiring from active financial life is due to his desire to take greater ease and devote himself to other pur- suits. It is said that his chief idea in getting out of the Union Pacific road was that his activities in that road often conflicted with his duties toward the Atchison, Topeka & San ta Fe, in which he has very large holdings, and in the Pennsylvania rail- road. MT. Tricks friends also declared that he believed such connections to be unwise at this time, when the fed close supervision over large railroad and industrial corporations whose af- fairs are so closely inter related. Are Competing Roads.
 Union Pacific and Atchison are so- called competing roads at many points and Mr. Tricks interest and activity in the United States Steel corporation, which has frequently sold large sup plies to those roads. has at times re- suited in adverse criticism.
 Resignation Not Due to Friction. Mr. Tricks resignation from the Union Pacific, if latest reports are ac- curate, was not due to any friction with the management, of which there have been rumors recently. It has been reported that he favored a "segrega- tion'' of Union Pacific assets with reduction of the prevailing dividend, and to have declared that much of the hostility to which the Hartman roads, particularly Union Pacific, has been subject, was the result of their large dividend disbursements which attract ed public attention to their increasing values. All this is denied by MT Tricks fellow directors in Union Pa cific, who say that he takes leave of them with genuine regret and the kindliest feelings.
 Like the Case of Rockefeller. MT Tricks retirement from Union Pacific may be likened to the with drawaI of the Rockefeller interests from United States Steel when John D. Rockefeller retired from that cor poration in 1909. It was then said that the Rocl1efellers deemed their ac- tivity in United States Steel incon- sistent with their holdings and inter- ests in other large corporations. On the "Outs" With Carnegie. Henry Clay Tricks career and ma terial success is closely interwoven with the history of the steel and iron industry of this country He was one of Andrew Carnegie's lieutenants and at one time was deep in the confidence of that ironmaster. They had serl- ous disagreement, however. when MT. Carnegie took over the s1,o0o,000 for felt money which Prick deposited as binder" to buy the Carnegie proper ties, but which project failed. Less than two years later Carnegie sold his interests to the United States steel corporation for at least three times as
 much as the price he named to Prick and associates.
 Worth Over $1oo,ooo ooo.
 MT. Prick added to his millions while in the iron business by erecting large coke ovens in the Pennsylvania iron district. These have enoromusly in- creased his wealth. which is conserv- atiVely estimated at considerably more than s100,000,000.
 His town house is the south end of the William H. Vanderbilt mansion on Fifth avenue opposite St. Patrlcks s cathedral. He is the owner of a part of the land formerly occupied by the Lenox library on Fifth avenue. fac ing Central park, and it has been re- ported that he purposed erecting on that site one of the stateiiest mansions in the metropolis.
 One Attempt on His Life.
 His country home is at Brides Cross ing Mass. where he has spent the summers Of the past few years. MT. Trick is the possessor of one Of the finest art collections in this country, being especially rich in Corots and some of the old masters. \ we'll re- membered incident in his life is the attempt to assassinate him made by an anarchist named Berkman during the Homestead troubles in 1892. He was shot twice and stabbed, but re- covered in few weeks.