The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-01-25
E.. 7. HITCHMAN
Cconanu.d from Flrst r.x..I


Harrison counties. in this state. and
IN Washington. Greene. Fayette and
other western Pennsylvania counties.
Assets $50, goo 900
As Mr.. HitChman pointed out. the
Thompson assets are generally credit
ed with d value OF something like sixty
million dollars, with the claims or liza
bilities not exceeding thirty millions.
and 10 seems only reasonable TO believe
that It is possible TO evolve a plan that
will not only pay every claim in full,
but also release Mr.. Thompson from
his present ostanglcments many mil
lions To The good Mr. Hitchman. since
his appointment on the committee. has
had much tu 10 In the preparation of a
plan of adjustment which he and other
members of the committee will cham
pion for adoption at today's conference
with Mr. Uutermeyer in New York.
Naturally. in advance of the meeting
of the conferees. Mr.. Hitchman de
clined 90 discuss the details OF the
plan.
About Mr.. Hitehman.
! Edward r. Hitchman is not a man
who strives for the spotlight OF pub
Lefty Nevertheless he Is conceded 70
De- one of the few really big men %
tho community. ranking az the fore
front among tho personalities that
count potentially ln the world OF
finance and industry. He came TO
Wheeling fifteen years ago from his
native Pennsylvania town. Mount
Pleasant, iu the famous cooking coal
field. where his father and brothers
are bankers and coal operators.
Attracted TO Wheeling.
Il was attracted 10 Wheeling. said
( Mr.. Hickman. by the possibilities OF
the coal business in the upper OHIO
valley. More and more. Pittsburgh and
western Pennsylvania coal is being
consumed right az home. where the
iron and steel industry requires ever
increasing tCunases of fuel Here iu
the Ohio valley. too. the mills and rail-
roads require great quantities of fuel
but eventually 1 anticipate the eXpau-
sion Of the coal business here 90 an
extent that will mean the sending OF
an enormous TONNAGE to the west and
down the Ohio river by water. Our
own company planned 10 enter the
Z river shipping trade. bur for a time W.
J ave abandoned that feature of our
possible expansion. simply because our
market here ar home and rail ship
H.' 1". N-HH.ha|NA 4H AN hAA 30 NAA H#
but ] expect To see the day when the
Wheeling district viii Do the enter
of "a great river s~hippIuE Goa business
The coal ls here. The river i- here and
with the completion Of fh" system Of
slack water Improvements This district
Wlll Dee lu an exceptional position
Pioneer in Coal.
Edward T. HlfClmau lS the son of w.
j. hlfchmau. Of Mount Pheasant. Pa
The father was Do of the pioneer coal
and coke men OF WD-fmorpIaud county
becoming Identified with ihe industry
ir the early seventies. At Ou. Time,
boz was o. partner OF Henry Clay Fr.cs
Young Hifrluau recalls going fo 'le
Philadelphia Centennial. when % mere
Dad. with Ui- father. who exhibited cck.
from Ne-rmorelauI county Early in
life be Joined Lis father and brother.
boo coal and banking Fifteen years
ago Doe came t1 Wheeling and form Cd.
the Hifctman Coal g. Coke Company.
n fahlI-tIur mines .f HeuwooI. and
later acquiring fLe mines of the Glen.
dale Coal Company. both OF which tho
company has since operated with great
success. During rho recent fu0 years
of industrial depression ... UIfcdutu
company operated 9th plant. fuI.
without o. day r. i.I.nsa. for fIt rIeHt
hundred miners BOO ff. DmpIoy.a rD.
ord such as ru other coal company Iu
ibis or nearby .fa-0. can duplicate.
probably
Il is Rather a Coincidence
That Nr Hifrhr.u $500. FIRST attracted
fo the p0s..b...' ~ .le NU.,Iu. dis
fr.at. as l coal centre. when he was
sent tp Ohio county Itf. In f.. mime.
I.. tn look over block ol r.Hl land