White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1913-07-20

dent. Sehalacks, as pronounced a
Gould MAJ as Jeffery was and who
was as close to Jeffery as Jeffery was
to George Gould, resigns as director
OF h Rio Grande and steps out of
the vice presidency of the Western
Pacific. He gives up his directors
chair on Western Pacific also.
Only a little while ago, when Fin
ley Shepard married into the Gould
family, he was assistant to President
Bush of the Missouri Pacific and Rio
Grande, with Offices in st. Louis. At
Ter his marriage, it is pointed out, he
resigned as assistant to Bush of the
Rio Grande, but remained as assis-
tant to Bush of the MissouriPacife,
though his Office was transferred
from st. Louis to New York neal
Gould's. st. Louis has been con-
sidered the central point of the rail-
roads activities.
That the Gould interests were fore
ed to sacrifice Schlacks to the powers
that control is the opinion expressed
in San Francisco railroad circles.
Last year he went to New York and
made a vigorous fight to get money
for Western Pacific at a time when
the Western Pacific was in dire finan-
sial straits. He got some from the
Rio Grande's bond issue. but not
enough to build any feeders or make
necessary improvements TO keep the
road in the condition he sought.
Second Attempt Fails.
When he went east several weeks
age he made another attempt to get
money for the Western Pacific. Be-
fore he left he resigned. And what
doubts might be expressed as to the
relationship of Bush and Schlacks,
or the interests they may represent,
San Francisco railroad men point out
are ~dispelled by the reading of
Schlacks' letter of resignation and
knowledge of the fact.
The news of Schlacks' resignation
caused a profound feeling of regret
in the Western Pacific executive of
fees in SanFranciseo and throughout
all local transportation circles. BY
railroad men, Schlacks' handling of
the Western Pacific during the most
trying time of its young life. was con
sidered remarkable, especially the
show of earnings during its financial
stress. But as Gould men. neither
Schlacks nor Jeffery could get money
for the Western Pacific with which to
strengthen the road and thus increase
earnings. Money for it was guaran-
teed only upon Jeffery stepping down
from the presidency, Sehlaeks step
ping out of the vice presidency. and
Bush coming in to rule the entire
system.
Bush, say railroad men. is an of
Iicial of exceptional ability. but in
boosting the earnings of Missouri Pa
ciic and Rio Grande. after taking
over their management. he was re-
quired to spend a great sum.
Hartman Policy Revived.
In planning the unification of the
Missouri Paeihc-Rio Grande-Western
Pacific system he is following the old
Hartman policy of unifieation, mani
tested especially in the unifying of
Union Pacific, Central Pacific and
Southern Pacific.
In the new lineup railroad men see
a similarity in the position as links
in a transcontinental chain between
the Western Pacific. and Southern
Pacific. Central Pacific and Rio
Grande and Missouri Pacific and
Union Pacific.
In the new plans for Western Pa
cific. one of the first feeders to be
built. IL is expected. will be one To
Susanville. The Southern Pacific is
already constructing the Fernley-
Lessen branch with the expectation