The Hawaiian gazette., 1917-04-06
NEGOTIATIONS FOR
HILL Liners PAU.
Big Turblners Center Of Fight For
Strategic Control Of
Coast Shipping

SAN FRANCISCO, March 2O-All
The secret wire-pulling by group Of
rich men TO get control Of those two
Hin seagoing palaces, the Great North
ern and Northern Pacific, which are
held stiff on a $5,500,000 valuation
basis, has so far ended in nothing in
spite of Simon Guggenheim = trip from
New York and rumored deal with
him on the side by Col. d. G. Jackling,
Of this city.
With the departure from the Fair.
mont Hotel today for Utah and the
East Of Mr.. Gnggenheim, the copper
magnate, the invasion, so to speak, Of
| the Monterey winter home privacy of
Louis w. Hill, of st, Paul, president Of
the Great Northern Railroad, has
ceased at least temporarily.
The Guggenheim steamer line, Alas
ka Steamship Company, which operates
trom Seattle TO Alaska, has, through its
general manager, II. w. Baxter, made
svery effort TO get control Of the Great
Northern and Northern Pacific, so as to
continue its service by using them
direct between Seattle and Los Angeles
md San Diego with this city as a port
Of call |8f
Alexander Wants Vessels
Such move would have-been body
low, as il werey at H. f. Alexander s
comparatively new Coast steamer com
| line, the Pacific Steamship Company,
and he has been moving all the cards
possible to thwart Baxter s scheme and
get the two vessels for the same use.
Colonel ID. Q. lacking, of this city,
mother copper king is financially back
| If Alexander and it IL he who aided
Alexander last year to put the Pacific
Coast Steamship Company, Alexander's
Pacific Alaska Company and the char
cred Yale and Harvard ships into the
Pacific Steamship Company.
Now tits said he and Alexander have
proposed to give Guggsnheim and Bax-
Ter favorable interchange of freight
and passenger traffic all up and down
he Coast II the latter win not fight
them for Hills two vessels. .a.
Mr.. Baxter has made couple of
i Iuiet trips to the city recently and the
asst time he was here he said there
vas nothing to talk about.
" Mr.. Baxter is our steamship author
ity on the Coast, was all Mr.. Guggen-
leim would say.
sin Not In Selling Mood
The other day Mr.. Hill remarked:
4 "The steamers Great Northern and
Northern Pacific are very well where
they are now -. %, -,
i Prior to Mr.. Guggenheim Is arrival,
i II. f. Alexander, of Tacoma, Jackling 3
/ steamship executive, and T, B. Wilcox,
he Portland manufacturer, and one of
his steamship directors, spent week
IN town figuring on a deal with Mr..
Hill. Mr.. Wilcox even visited Mon
terey. t,'
| 1t was at that time Mr., Alexander
MD Mr.. Wilcox were informed that
Mr.. Hill placed value of $500, 900
IN the two ships, although their aggre-
gate cost price was $4,500,000.
The price, per month, offered by
Messrs. Alexander and Wilcox to lease
me two vessels through the Pacific
Steamship Company instead of buying
them was declined. That price is not
iivulged. 4H
The Pacific Steamship Company has
$1,000, 900 in stock, of which half has
been issued. The latter was used TO
out the combine on its working feet.
] 1t was proposed to issue the other
half to make lease of the two Hill
steamers effective, rs .. ..