New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-02-07
Going to Capital Soon h
Submit Them to At.
tOrney General.
STEP FORWARD IN
NEW HAVEN PLAN
Nominees Will Run the Road Ts
Years, Then Exchange Stool
for New Haven.

Chairman Howard Elliott 81 the Va,
Haven has submitted 10 Attorney a..
.raI McReynolds tho names Of svs M.
whom the road wants - trustees os =,
holdings in the F:cston & Maine psn
rnud. " Mr. McReynolds apDrovss a
them the plans for dropping the Bovs
g. Maine by tire New Haven will he pnr.
tically completed.
Mr. Elliott made the announcemsr
thst the names had been submitted aft.
a meeting YESTERDAY Of the exscu,iw
co mmittee Of the New Haven. lie nj
also ne was going to Washington IA
few jays for another conference wiz
tho Attorney General He declined a
tell the names OF the i've men.
In making the announcement ar ..
liort intimated that the Attorney O.,
er4i had iI mind a smaller number a
,r,Iste.s. He made IN clear that II rn
the New Haven road that was sski.s
for the Ave trustees. but said nothin
bout the attitude OF Mr.. McReyncl:s
or the numler OF trustees he had ss
gested.
To Operate Road Ten Years
II the trustees are approved the plan
provide for their taking control Of ,hs
Boston g. Maine and running II for 70,
wears at TIE end of which time the Be-
TON & Maine stool. held by them is 10 y
distributed 10 the holders OF New Hayv
hot
Mr.. Elliott said that the nnsnce con
mittse 'haa not Yet worked out plr
fer taking care OF the $4,000. 600 notes
due on May is, held oy J. p. Morgan 1
60. He hadn't thought Of appealing ths
Massachusetts Supreme Court decisi''
on the ss7 900, 600 bond issue. he SAD
and. in feet. did not know that the e.
cision could he appealed
James. l.. Richards, OF Boston. who
few yeafs ago changed the Boston Con
solidated Gas Company from hated mo
nopoIy into q valued public servant ~u
recommended to succeed j. p Morgan .
a member of the New Haven executive
Charles T. Brooker. 81 Az
sonia. conn. who expects 10 be artr
for several months. .esigned from u
executive committee, and EDWARD Miin.
gan. Of Hartford. was recommended iw
his place. -
Haven had received an offer for ~ hon'
ines of Merchants and Miners Transpol'
tation Company stock. rs reported.
The members Of the New Haven exec.
utlve committee at yesterdays meeiini
were. in addition 10 MIR Elliott, WillIz
I4.A1aA II do MN
Cuylsr. Robert ". Taft and Edward hiF
lisan.
Richards Worker.
Mr.. richards. Who VAS chosen a.
rector of the New Haven al the tlme
p. Morgan left the directorate. IS abou.
dfty-fVe years old. He was born q
| .oncmeadoy. Mass educated az Sprins.
field High Scnool and afterwsrd WORKED
himself up from minor position y
membership in tobacco nrnl ne "
came tobacco manufacture, but y
ls92 took up the construction ana ope'
a ton Of trolley lines.
In 1902 he began the work that lea y
tho consolidation of the many gas con.
panies operating in Boston, and m w
he became head OF the consolldated tom.
pany. He has reduced the price OF ga
so that il is estimated that consumer
save $500. 900 year. Recently he serys
as the representative of the Boston nv
vated company in the arbitration hear
ings that led 10 settlement or the az
pute between the company ana the q"
men. :,
shortly after he became president o.
the Boston Consolidated Gas Comptnet
Mr.. Richards invited all persons WIG
TO call upon him. Then -
sent forty missionaries" through w
CITY to md out what was wrong. Aocsl
that time the Massachusetts Legisls'u.
passed an act reducing the price OF g.
From 81 10 90 cents thousand. NJ
Richards did not wait for the law 70 y
q h.. 81 rfnnnfhl