The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1915-11-06
new PRESIDENT
FOR D. & R. G.

Arthur Coppell of the New York
banking house of Maitland, Coppell s.
Co., was elected to the presidency Of
the Denver & Rio Grande Railroad COM
pany, succeeding Benjamin +. Bush, at
reorganization meeting of the roads
directors held in New York Thursday.
His election is believed to foreshadow
serious differences between important
banking interests now in control of
the Missouri Pacific company and the
Gould interests, which have strength
ened their hold on the Denver & Rio
GTande as a result of the election.
Mr.. Coppell will be succeeded short
ly in the presidency of the Rio Grande
by II. U. Nudge, until recently presi-
dent of the Chicago, Rock Island & Pa
cific, and now chief operating official
of that system under the receivership.
The election of Mr.. Coppell and the
choice of his successor, Mr.. Nudge, was
earnestly opposed by Mr.. Bush, who was
the original choice of the Goulds for
the presidency of the Missouri Pacific
in the fact of opposition by interests
he was Thursday reported as favoring.
Some intimation of Mr.. Bush Is atti-
tude was contained in the appended
statement issued by President Coppell
after the election:
After consulting with some of the
large stockholders, both in this country
and in Europe, we thoroughly believe
and are convinced that, to be success
full, the Denver & Rio Grande railroad
must be entirely independent. Its chief
operating officers must reside in Colo
RADIO and in no wise be connected with
the opration of any other railroad in
terests.
"For the past few years the presi-
dent of our road has held the same Of
fee i'll both the Missouri Pacific and
the Western Pacific railroads, which
two properties have lately come under
the jurisdiction of the courts. He has
also been appointed receiver of the
Missouri Pacific and also of the Iron
Mountain road.
"We are of the opinion that it Is
detrimental to the welfare of the COM
pany to have as its operating head
man who must give large part of his
time to these two roads and who is ,
resident in st. Louis, nearly 1000 miles
away from the company's operating
headquarters.
Zone of the many problems that will
require the careful attention of the
board and its officers in the near fu-
ture, is the readjustment of the CON-
pany's relations with the Western Pa
cifc railway; consequently the chief
operating officer should be man who
is not at the beck and call of other in
terests, but one whose mind is free to
concentrate on the operation of the
road, and to be in position to give
advice and assistance to the board at
all times.
Therefore we have secured the SER
vices of III. U. Nudge, who, in a few
days, will establish his headquarters Ia
Denver, and will become the chief op-
Grating officer of the road''
4. I. Jeffery, for years chairman Of
the Denver & Rio Grande executive
committee, was reelected, although it
was rumored that the Bush interests
had another candidate. Mr.. Bush re-
tired from the committee, his place be-
ing taken by Benjamin Nicoll, Gould
representative. George J. Gould re-
gether with E. L. Marston, Edward ID.
Adams, and Mr.. Coppell. Kingdom
Gould, son of George J. Gould, replaces
Finley J. Shepard, brother-in- law of
George J. Gould. Mr.. Shepard is an of
fetal and director of the Missouri Pa
cifc road, under Mr.. Bush.
The retirement of B. F. Bush as pres
ident of the Denver & Rio Grande
marks the close of the fight which has
been made against him by the Goulds
ever since he was elected to the presi-
dency of the Missouri Pacific, Denver
& Rio Grande and Western Pacific. Mr..
Bush was regarded as the representa-.
tive of the Standard Oil interests and
the banking house of Kuhn, Loeb & Co.
which came to the rescue of the Goulds
few years back.
Salt Lake men, familiar with the in
ternal affairs of the Gould roads, say
the selection of Mr.. Nudge as success
sor to Mr.. Bush means that the Goulds
have given up all hope of retaining the
Missouri Pacific and the Western Pa
ciic, and will bring every effort to bear
to keep the Denver & Rio Grande, the
best paying road of the three.-Herald-