New-York tribune., 1913-07-26
HOWARD ELLIOTT
HEADS NEW HAVEN
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executive Of the entire system. while
the president Of each company should
he the operating head. subordinate TO
the chairman ~ the board of directors.
TO put In effect the suggested or
ganization Il change in the bylaws must
he made. which could not bc completed
before the stated meeting Of the board
in October The eXigencies Of the stu
alton require more immediate action.
We would suggest that while the nee
ossary changes In the bylaws are being
made a president be elected. who would
us soon as possible be made chairman
~ the board. and the position Of prcsi-
dent should be filled by one whose
duties would be defined as suggested
Following this recommendation. We
further recommend 20 the board that
MIR Howard Elliott be selected TO fll
the larger position and, until such
larger position is created. that Mr.. FL
lIott bc elected 10 the position o, presi-
dent of the New York. New Haven &
Hartford Railroad Company"
\ similar appreciation OF the difficult
paths through which the New Haven's
dcstinles nave been led since the Mellcn
scheme 81 monopoly Vas begun Is con-
taIned in recommendation made % the
srecial subcommittee hy stockholders
committee. of which Charles r. Adams
Cd. was vice-chalrInap and Thomas Is
CLmmlns secretary Some OF the recon
mendations are.
THAT the TWO principal railroad cor
norations. the New York, New Haven a
Hartford and the Boston & Maine Rail
road. and the steamship and trolley lines
shall actually be- operated by presidents
one for each system. who shall be man
Of practical experience. who shaI nave
full responsibility for the operation ana
with whom the public may deal directly
and that local officers and the proper loCa'
operating stan shall be provided
That as chairman Of the board oi d'-
fectors of the New Haven company there
shall be selected person other than the
nbove mentioned presidents who mas hhn
broad executive experience. ana VINO VIII
inspire the public and the Shareholders
with confidence that the future pohe!eS
viii i've founded and carried out on CON
seryative and constructive lines ana ais"
i, order ,o establish and maintain proper
,o-ordination I'm the operation Of the re-
snec,iye properties The said chairman
shall also be chairman or the boafus "i
the several corporations and the chlei eN-
ecutiye officer Of the entire system
THAT the legal organization Of the sys-
tenn be simplifed and that enoit he maze lh
conjunction with the governors conference
~ secure uniformity In the railroad laws
throughout the New England states esP'
,,ouv In those affecting the issues oi
shares and securities.
T. Morgan. whose father was primer
nsuv instrumental In the election OF
charles : Mellen. then head Of the North-
go, pacific to the New Haven, was one
n, tho 6rst 10 come out of the directors
room at the Grand Central IerHinaI'
Mr. Morgan threw up his hands "he"
asked To tell something Of the future po"-
cies OF the road.
NO. that's up to Mr.. Elilott iro'" 'eP
tcmber t." ne answered
william Rockefeller accompanied oS
Percy Rockefeller. refused to make an'
statemcnt so also did Mr.. Mellen VINO
us rresent at the board meeting True
IN his policv Of silence. the retiring eNe'u-
tive issued statement I'm when n'
clined TO tell Of his connection with the
road or his intentions for the future.
Al his rooms IN the Belmont Hotel MI
Elliott gave out "A printed statement IL
said In part.
"t realize full we'll the burdens ana re-
sponsIhil,ies that must be carried ny any
railroad executive in these days 81 COM
,Iav rotations between the government
th. nuhIic which must he served safely
and reasonably the owners and employees
,ybo must receive fair treatment and com
rensat,on for their Investment ana lapor
I'm their effort to produce the service inc
uiblic demands. and the press "hich j.
such a powerful influence in advancing 'he
welfare OF the country by creating a souhd
public opinion.
"No hoard Of directors AMI no railroad
executive can conserve railroad service
without being prudent and fair them
selves. and without fair and reasonaple
treatment and support Of governmental
bod,es so far as ! have the strength
.hau work TO have the same kind OF re-
lations between the Ne" England HheS
and the governing bodies. the pubic the
press. the employees and the owners Oriu-
clsn is expected. and fair criticism does
good. shall have Offices in Boston Ne"
Haven and New York.
Mr. Elliott. who is still president OF the
Northern Pacific. said he did not know
who his successor in that position "oulu