Eastern Utah advocate. [volume] (Price, Utah) 1895-1915, 1913-08-07
PROPOSE TO LINK
RIVER AND COAST
PLANS FOR COLOSSAL UNIF1CA-
TION OF GOULD ROADS.
President Bush Has Great Task
Missouri Pacific, Denver and Rio
Grande and Western Pacific One
Great System Frsn St. Louis 81
san Francisco.


san Francisco.
The Western Pacific railroad Is
to be completely absorbed by the
Denver and Rio Grande, II the pres
ent plan Of Benjamin r. Bush, pres
ident Of the Missouri Pacific sys-
TEN, embracing the Missouri Paci-
tic, Rio Grande and Western Pacific
railroads. is approved by the New
York bankers financing the develop
ment Of the system, says the San
Francisco Chronicle.
Bush will leave san Francisco to-
morrow or Friday morning. lie will
make a short stop In 81. Louis and
then proceed directly TO New York.
where he will present his reflnanc-
ing plan for the Western Pacific,
which includes a proposition where
By all the mortgages and bonds now
held against the Western Pacific
will be carried In the Rio Grande's
name.
Such a plan II put into effect.
Bush believes, will simplify tho fin
anclai activities Of the Missouri Pa
clflc. which owns the Rio Grande.
and the Rio Grande. which owns On
Western Pacific. And 30 firm Is
his confidence In the acceptance Of
his plan that he has already laid
the preliminary foundation for a
wholesale shakeup in the admins
tratlve offices OF the Western Paci-
tic hcre--a shakcup which includes
the consolidation OF Western Paci-
flc and Denver and Klo Crandc OK
ccutlve offices.
New Traffic OFFICIALS.
one OF the first steps 90 be made
In this office consolidation will be-
taken this week when NJ II. Adams.
present freight traffic manager OF
the Western Pacific. will be appoint
I'd freight traffic manager for both
roads. and Frank 81. wadlclgh OF
the Denver and Rio 0rande will be
appointed passenger traffic manager
OF both the Western Pacific and Rio
0rande.
Andrew Hughes. general traffic
manager OF the Missouri Pacific Eys-
TEN, will IN reality, next 20 Vice
President Johnson. IN charge OF
traffic. be made the practical ohlef
OF the three roads. Vice President
Brown OF the Western Pacific and
Rio Grande. will take full charge OF
those roads during the time Bush
deyotea to the Missouri Pacific. his
pot carrier. and with this consolida-
ton OF offices and few minor ones
already on the slate Bush believes
he IL laying the corner stone for the
unlfication OF n system destined TO
play a tremendous part In tho de-
yelopment OF the Pacific coast.
The big officials OF the consollda-
ted roads will divide their time and
attention between here and Denver.
Vice President Brown. for instance.
will aim TO be here every five or
ak weeks. but win maintain his
home IN Denver. when the Off
cials are not here shippers. Il was
declared yesterday. VIII bc required
to take up their individual business
with the Western Pacific at Denver.
When the officials are here though,
they will be absolved from the Dem
yer correspondence.
Coming back 20 the stock owner
ship control. though. Il Is admitted
by Bush that while the new officials
would like TO see the entire stock
OF the Western Pacific IN the hands
OF the Rio Grande 4 Is not neces-
sary for the latter 10 hold that
stock An order 10 exercise control,
as II already holds 81 per cent. The
lack OF necessity, Il Is declared, doe
not by any means moan that the
Rio Grande would not like to hold
all OF a. Even though one share
OF Rio Grande Consolidated Is Of
fered for three OF Western Pacific
outstanding. 81 was stated yester-
day. the offer does not mean that
the Western Pacific would suffer
any loss at all, as, Il was pointed
out. Rio Grande. backed by Missouri
Pacific. and Missouri Pacific. back
ed by the New York banking syndi-
cate. offers a greater strength than
Western Pacific. standing practical
ly alone, with It's obligations guar
anteed by the Rio Grande.
NNOnE - no M pIISHEn