The San Francisco Call. Newspaper, February 2, 1901, Page 3

THE SAN FRANCISCO CALL, SATURDAY, FEBRUARY 2, 1901., SOUTHERN PACIFIC RAILROAD SYSTEM PASSES i UNDER THE OWNERSHIP OF THE UNION PACIFIC Purchase of the Stock Held by the Huntington, Crocker, Searles and Stanford Interests by the Great Vanderbilt-Harriman Syndicate—This Means That the Buyers Have Secured the First Direct Road E Y ¢b. L—Another a reaching, further in of the 1 just a few of thé mar- f & synpdicate in terests predomin- The transaction t necessary for the a transcontinental rail- single control. This control t vested in E. H. Harriman. _route includes the following of which, except the South- Mr. Harriman s officlaily Btarting at San - Francisoo, the Central Pacific end of Pacific direct over the and Alton the thence to Unfon ovér Chica have received a satisfactc rn F e new deal grows ion with the REMATITINS OF THE QUEEN n any | ern Pacific of the Pacific Mall Steamsh'p Company, with its ‘mmense distributing } power on the Pacific Coast. The acquisition of the Southern Pacific | 1s merely another move in the “commun- | ity of interest” polty, which has already secured such a vast hold on the railroads of the countrs. It means the establish- ment of an sil rail transcontinental road governed directly by this policy. Mr. Harriman ‘s president of the Chicago and Alton road. He is also a director in the Union Pacific, in the Illiinois Central, in | the Oregon Ratlroad and Navigation Com- ! pany and in the Oregon Short Line Rail- | road Company. In the Alton syndicate, by which Harriman obtalned control of that roed, the Vanderbilts were generally credited with participating to the extent { of 35,0 and the Gould and Rockefeller interests each to the same amount. It is belfeved that George Gould will be Invited into the present syndicate if he has not Jotned. The Union Patific already has an outlet > the Pacific Coast through fts stock con- trol of the Oregon Short Line and the Raflroad and Navigation Com- these lines reach the extreme n Washington Oregon. _‘-.1' and ic, however, will give the Union a direct route—almost an air line from Qg its present western- 4 Francisco. The c have a direct 4 from San Francisco to ansas City Reports have recently been current that negotlations are pending for the control of the Chicago, Burlington an Quincy, would meet the Union Pacific at ymaha ajgd Kansas City, and afford a direct route'to Chicago, where traffic 1 be divided among the trunk lines, ich are being operated under ‘community of interest” plan. Such a plan, however, is not necessary for a direct transco ntal line, for the Chi- cago i n already connects with the Union c at Kansas cee hicago, and the Tilinois Central = s to ects at Omaha and also proceeds to ago connection is made with the e and Ohlo for the Atlaptic sea- 1 and thus is established a Somplete transcontinental route. perhaps b , but it appears cant that announcement of purchase of the rol of the Southern Pacific should w s0 cl y on the heels of the pur- by Mr. Harr! of the control of al Transfer Company lines, week ago i its connecting y. Deutscher Bank Harriman bought the gs of this com Loeb & Co., who are interested in the deal, and who are like- rested with him in the present xtensive terminals in and about v comprise 760 acres, with 0 miles of track. The com- also owns the Grand Central pas- senger station and 3500 feet of docks on ago River. of opinion of men inter- ads and stock markets fis at the price paid for the Huntington res was about $50 per share. The peyer hold are known to have aggre- gated ab. ,000, if not 600,000, so that with the Huntington block the new inter- e about 1,000,000 shares, or half of pital stock. Rumor has it that the ers got $48 a share for their stock. It however, that the Chairman Tweed was requested to make atement dealing with the reported > of control, but he twice declined With Acting Vice Presi. of the Southern, Mr. Tweed is of the late C. P. Huntington's ki > of Speyer & Co, vears prior to Mr. Hunting- ton’s death the fiscal agent of the Hunt- ington properties. The Speyers are known held large amounts of Southern ocks and bonds for their Euro- ding to current reports they were xious to acquire possession of the Hunt- S e e e O e ) City and pro- | any through Messrs. | are owned by the terminal com- | their Southern Pa- | ¥ —— J HEADS OF TWO OF THE GREAT SYNDICATES THAT HAVE COMPLETED THE GIGANTIC DEAL BY WHICH - | THE HUNTINGTON, CROCKER, SEARLES AND STANFORD STOCK IN THE SOUTHERN PACIFIC RAIL- ROAD COMPANY PASSES INTO THE POSSESSION OF THE UNION PACIFIC. B 5 ington shares. It is sald they made an offer for the entire block, but the price offered was unsatisfactory. It was then, according to Wall-street gossip, that the Harriman syndicate stepped in, obtained an option on the Huntington shares and named to the Spevers the price they were willing to pay all around. The Southern Pacific is sald to have the largest capitalization of any of the Amer- , its stock being capitalized at | The properties concerned in | the deal directly and indirectly represent, | it 1s said, an investment of $500,000,000. The | Harriman syndicate is supposed to be di- | vided into portions of one-eighth, E. H. | Harriman holding two of these and the rest being distributed as follows: | 3. P. Morgan and W. K. Vanderbilt, one- | fourth; Rockfeller interests, one-eighth; | George Gould, one-eighth; Kuhn, Loeb & Co., one-fourth. The history of this transaction dates back to shortly before the death of Collis | P. Huntington last summer. Mr. Hunt- | Ington, to whom overtures for the ac- quisition of his stock were made, declined | to sell. His hetrs, however, were more but they refused, as well as Mr. r, an offer of $5 a share, which the ndicate made to them for the whole of beir holdings. It is understood that | they named a price somewhere around $50 a share as the only one they would con- sider. Such an offer was, it is sald, made, but it was not actually accepted until to-day. H. E. Huntington, nephew of the late C. P. Huntington, arrived here to-day, but declined to talk. James Speyer late to-night said: “I recelved an offer for my holdings of | Southern Pacific stock and I have parted with them at the figure agreed upon.” “Will Fou state what the figure was, or | who was the purchasér?” 1 “No,” said Mr. Speyer. “That would | be contrary to my agreement with the | purchaser, who desired that both facts be | kept secret. No, I cannot state what was | the amount of my holdings.” | " “Does this sale include or have anything | to do with the Huntington holdings?" “I am speaking altogether of my own stock. Whatever may have been done in regard to the Huntington holdings will have to come from others. There is every reason to believe, however, that some ar- rangement was made with regard to | them.” U. | 81 | s | | | | P.’S DREAM FULFILLED. OMAHA, Nebr,, Feb. 1.—Edward Dick- inson, general manager of the Union Pa- cific Railway, sald to-night that he had no 4 from First Page. ensign trailed from her stern. The after deck of the yacht was roofed with a | white awning and beneath the awning, through glasses, could be seen the cata- falque of royal purole and ruby lines on rested the cotin. Four officers in r uniforms stood at the four cor- of the catafalque with their faces ard the ships. A few Other persons ald be seen clustered on the Alberta’s the funerai yacht moved slowly decks of the warships were crowéed with their crews. They were all manned to their full complement. The n blue, with straw hats, formed a along the decks of each ship, ng with their arms at “attention.”’ of scarlet coats topped by snow showed where the ma- d. The fighting tops The officers stood out % Awake all Night. Weary and heavy-eyed from the worries and cares of the day, the head that seeks repose feverish unrest. Stran, vague forbodings cause the heart hard and fast. tation, loss of appetite and low s| finds only nervous tossing and ancies, haunted by sudden fears, or to throb and the breath to come Morning comes with its headache, nervous irri- irits. How gratefully welcome would be one night of gentle, restful, refreshing sleep—sleep that would soothe and stre. lenish the wasted brain cells. hen the worn-out nervous tissues and There is 2 way to get just that kind of sleep. Will you find the way? “I was stricken with nervous prostration and became 80 bad that I could not sleep atail. Fora week I did not close my eyes, and suffered &) much that my husband had to bold me in bed. Then I began taking Dr. Miles’ Nerv- ine and I got some sleep. My Lead stopp@ aching so hard and after the first bottle was gone I conld see that I was getting strong again. It was not long before I was able o go abput my work with renewed vigor and energy.” Mzs. DELLA BYRD, Mt. Vernon, Ind . Miles’ Nesvine overcomes nervous firritation, soothes mrd quiets the excited brain and gives that sweet sleep that is most grateful and healing t0 both body and mind. Bold by druggists on gvarantee. Dr. Mives MepiCaL Cc.. Elkbart, Ind. in showy, fulldress array. The band of each.took up ghe funeral march when the Alberta came abreast of her and the spec- tators on all the other craft took off their ats. So, with all eyes focused on the looking purple bier, the remalns of Queen Victoria were carried by. QOver all the miles of waters there came no sound save the boom of cannon and the mournful notes of many bands. Following the Alberta trailed along five other yachts at regular intgrvals. First was the Victoria and Albert, a royal yacht, twice as large as the Alberta and of similar design. She carried the royal mourners, who, as relatives or officials, followed the coin. King Edward and Emperor Willlam were chief among them, but from the observation boats they were the only group not recognizable. A few scarlet coats could be seen, with ladies in the deepest mourning, and on the upper deck the Queen’s Indian attendants were distinguishable by their white turbans. In the wake of the Victoria and Albert Emperor Willlam's yacht Hohenzollern lcomed up like an ocean greyhound, as large as a warship, painted a spotless white. The other yachts came in single file astern. The Osborne, larger than _the Alberta and of the same class, came first. Next was the Admiralty yacht Enchant- ress, smaller, and then a little Trintity House yacht. Finally came another ves- Sel, a black torpedo-boat destroyer. Twenty minutes after the first palr of torpedo-boat desvroyfirs came abreast: of the press boat the historic parade had passed and was dwindling smaller and smaller toward the sunset, where the purple clouds and volumes of smoke made an overpoweringly impressive stage spec- tacle. The guns of each warship ceased firing when the Alberta had gone by and the marines reversed arms. But they and all the crews remained at their statlons, while the fleet steamers from the shores, thelr decks solld masses of black, crowded with thousands of the late Queen's sub- jects, raised their anchors and followed outside the line of warships. Gradually the din of the minute guns lessened as the batteries of ship after ship ceased firing, while the funeral parade swept around the end of the line and into the ‘entrance of Portsmouth harbor. It was 5 o'clock when the echoes of the last gun ceased. The sun was a great red globe sinking to the hilltops, the clouds began to fall again on the channel and the body of the Queen was safe in Portsmouth harbor. When the Alberta entered the harbor, with the minute guns in the forts sound- ing, the bells of all the churches of the city tolling, the anclent frigate Victory, moored there, fired a salute of muzzle- loaders. The marines manning her stood da;r!lerrn!. The admiral's band played a The escorting torpedo-boat destroyers drew ahead and steamed into their berths and the Alberta was moored in Clar- ence yard. A guard of one hundred marinés marched on board. During the night the quarterdeck, where ‘the bfer rests, was lighted by electriclty. Con- icuous among the . officers on duty ard are Vice Admiral Seymour, who information which would enable him to confirm the dispatch from New York to the effect that the Union Pacific Company had purchased the Speyer-Huntington in- terests in the Southern Pacific Raflway. “I hope it may be true,” said Mr. Dick- inson. *Such an acquisition would be of immeasurable value to our road. No: I have not one word of information on the subject. Mr. Burt is in New York, as are the attorreys and other officlals, and hence such a transaction would not be re- ported to us here, Speyer-Huntington stock will get control of the whole Southern Pacific system from Ogden to Sacramento and from San Francisco to Los Angles and New Or- leans. to the coast has long been the dream of the Unlon Pacific officlals.” Another official in position to get the best information says there has been con- siderable gossip the last month over the prospectige purchase of the Ogden-Sacra- mento line, but he did not think that any other part of the Southern Pacific system would be included in the deal if made. Everybody knows, he said, that Chairman Harriman could make such a purchase if he wanted to do SIGNIFICANCE OF THE GREAT STOCK DEAL Means That Syndicate Secures Line From Hamburgto Hong- kong. Ownership of the vast properties com- prising the Southern Pacific Railway sys- tem has passed from Speyer & Co. to the Vanderbilt-Harriman syndicate. Califor- nians had hardly begun to contemplate the new order of affalrs created by the | sale of the Crocker, Searles and Stanford holdings to Speyer & Co. for Collis P. Huntington when the last of the four great founders of the railroad passed away. By direction of the Spevers and their immediate assoclates Charles M. Hays was engaged to succeed C. P. Hunt- ington as president of the Southern Pa- cific. Whoever buys the | A continuous line from the river | { | | — the capltalists who acquired control of the road for C. P. Huntington have sold their large holdings of stock to the agents of Vanderbilt and Harriman. No immediate change In the presidency of the Southern Pacific is apprehended. It is not even hinted that such a change is in con- templation. The fact, however, presents itself that the interests which elected Mr. Hays to take charge of the Southern Pa- cific system no longer direct the affairs of the company. Early yesterday morning, following The Call's announcement of big deals in South- ern Pacific, Bolton, De Ruyter & Co. and twd prominent bankers of San Francisco recelved private messages from New York which told of large transactions in the stock of the Southern Pacific. It was noted also in the telegrams that Santa Fe holdings were in demand at increased prices. The surprising intelligence con- tained in the early dispatches were sup- plemented by subsequent telégrams an- nouncing that Speyer & Co. had sold one block of 450,000 shares of Southern Pacific to a purchaser at Union Pacific headquar- ters. Other messages contained the defi- nite announcement that the Vanderbilt- Harriman syndicate was the purchaser. Later In the day Bolton, De Ruyter & Co. received a telegram stating that James Speyer when asked regarding the report- ed transaction replied: “We were offered a satisfactory price for our Southern Pa- cific stock and acecpted it.” Along with the messages from Wall street came telegrams from London to the | effect that 100,000 shares of Southern Pa- cific had just been purchased in that city. The simultaneous advance of Santa Fe stock was not accounted for in San Fran- cisco until it was expiained that Harri- man was largely Interested in the Santa Fe, St. Paul and Northern Pacific rail- roads and had recéhtly acauired in the interest of his combination the ownership of the American Steamship line from Hamburg to New York. It appears there- fore that the Vanderoilts and Harriman now control both the Southern Pacific and Santa Fe systems, together with the steamship line from Hamburg to New York, and the Pacific Mail line from San Franciscoto Hongkong. The syndicate has not got the earth, but it has acquired a through line from Ha:nburg to Hongkong, which will give it a great margin of ad- vantage in a contest for the -carrying trade between Europe, America and As'a. It s well known to raillroad men that the Vanderbilt line from New York to San Francisco will be the New York Centra] and Lake Shore to Chicago, the Chicago and Northwestern to Council Bluffs, the Now comes the verified story that | Union Pacific to Ogden and the Central B o 2 e e M 2 e e e 22 e e el BORNE TO PORTSMOUTEL Pacific to this city. If predictions of lead- ing railway men be verified Californians will not have cause to regret the change in management whick: 1s to bring the Van- derbilts into closer relations wjth tha traveling public of the Pacific Coast. Th | Vanderbiit system is justly noted for several admirable features of railway con- trol. Passenger trains are run at the highest speed cons!stent with safety. The equipment s first-class. - The conductors and trainmen are obliging and capable. It is true that one of the former Vander- bilts sald the “public Le damned,” but It is obvious that he had in mind the public that did not patronize his road. NO CHANGES IN THE LOCAL: MANAGEMENT It Is Believed That President Hays Is to Retain His Position. ———— e Local rallroad officials refused to credit the regort of the big deal when it first became current early yesterday afternoon. Later, however, as fresh dispatches con- firming the story were received, greater confidence was displayed and even the most conservative ones began to take tha thing serfouslv. They declared that while such a gigantic deal sgemed fmprobable. still. it was not beyond the bounds of possibility. Up to early last evening President Charles M. Hays had recelved no official confirmation of the story. He did not care to express an opinfon until the report hal been verified. Accepting the report as officlal local railroad men do not look for any remark- able change in the conditions on the Pa- cific Coast. “‘Harriman controls the Short Line and the Oregon Navigation roads, yet both bave separate offices and managers from the Union Pacific, and I believe that if he controlled the Southern Pacific that fact wouldn’t make any material difference in local representation or management,” was the opinion expressed by one official when ! asked to contemplate future possibilities. } It is a well-known fact that the Union | Pacific has been expending vast sums of money the past few years improving its lines. Last year $3,000,000 was spent in the work of shortening and straightening the company’s lines between Ogden and Omaha. The work is still in progress and will probably not be wholly completed for a year or more. Grades are being reduced and curves dispensed with and already the distance from Ogden to Omaha has been shortened thirty miles. It is sald that a total of $7,000,000 has been set aside by the company for this work. All this is taken as an indication that the Union Pacific has been preparing the way for a great railroad system, such as a consolidation with the Southern Pacific would effect. It has always been the policy of the Harriman syndicate to keep abreast witn the times, if not in advance. As a result the lines under the Harriman control are to-day second to none in the country. Im- provements are ever being made. Harriman represents the interests of the Vanderbilts, Rockefellers and J. Plerpont Morgan, and it was stated at the time he purchased a IMrge block of stock in the Pacific Mail that he acted for the Vaa- derbilts. Harriman is at present a direc- tor in the Pacific Mail. It was stated some two months ago that H. E. Huntington contemplated disposing of the Huntington interests in the South- ern Pacific, but the report was peremptor- ily denied by Mr. Huntington. A few days ago Mr. Huntington recelved a very ur-| gent telegram summoning him to New York. Although he had made plans to ac- distinguished himself in the China cam- paign, and Captain Lambton of South African celebrity. The King's yacht was made fast to a buoy in midstream, with the Hohenzollern lying near. The roval personages and thelr suites dined on board and will pass the night there. Steam launches with armed guards patrolled around both yachts all night. The crowd in Portsmouth is estimated at 100,000 Every town along the chan- nel contributed its quota and the rallway companies were helpless this evening be- fore the rush of persons golng home after the parade. Thousands crawled into the stations and literally fought their way into the trains. The special cars were at their mercy. Foreign officers, diplomat- ists and members of Parliament mixed {n the Tush and took their chances with the mob. The cars going toward London were packed to suffocation by all classes of people. RENDER HONOR 10 LATE QUEEN OF ENGLAND The largest gathering at a funeral serv- ice In the history of the State will taka place this afternoon at the Mechanics’ Pavilion, when a tribute will be paid to the late Queen Victorla by both.British and American residents. Eight thousand miles from the city where the body of the Queen will pass before millions of her subjects, the wide respect for England's great soverelgn will be manifested in this city of the Golden Gate. It is estimated that more than 12,000 people will be under the roof of the Pa- vilion this afternoon, and that number represents about one-half of those who desire to be present at the funeral service. The doors of the Pavilion will be opened at 1:156 p. m., and only holders of tickets will be admitted to the body of the bufld- ing and to the gallery. Standing room for 2000 will be allowed after ticket holders are seated. In order to avoid confusion the committee of arrangements requests that holders of gallery tickets present them at the Grove-street entrance; those who have reserved or platform tickets will enter thmufh the Hayes-street doors, while ticket holders to unreserved seats will find admission by the main doors on Larkin street. As the services will begin at 2:30 p. m., the c%mmmee asks that every one attend- ing the service be seated not later than 2:15. The Daughters of St. George and boys from the Seamen's Institute will be accommodated with special seats, as will be the apprentices from British ships in rt. POhe platform will be occupied by the clergy. nd navy officials, civie and State offici: consular corps and distin- guished citizens. These special guests will be received at the Hayes-street en- trance by Consul General Pickersgill; Vice Consul Moore; Dr. Frederick d'Eve- Iyn, chairman of the reception commit- tee; Professor Thomas Price of the Welsh societles, and James McNab of the Vie- torla Hospital. William Greer Harrison, as president of the British and American Unfon and chairman of the alled socie- ties, will receive the general public at the Larkin-street entrance. Each body of the specially invited guests will march to the platforin, headed by Scottish pipers playing a dirge, while a bell will toll and muifled drums sound. The center of the platform will be occupled by Consul Gen- eral Pickersgill, supported by Governor Gage and Mayor Phelan. Immediately in front of these gentlemen will be Rev. Drs. Clampett, Hemphill and Gardner, who form the committee on service. A brass lectern for the use of the clergy has been loaned by the trustees of Trinity Church. In front of the platform on the floor of the Pavilion the choirs and orchestra will be massed under the direction of Dr. H. T. Stewart and Wallace A. Sabin. At the first strains of the funeral march by the orchestra the American and British flags Will be half-masted on poles at each side of the platform. Miss Gertrude Holland, an American girl, born on Washington's birthday, will raise the stars and stripes, and Miss Charlotte d'Bvelyn, born on Queen Victoria's birthday, will raise the British flag. Both children will hang wreaths of imperial violets on- the flag- staffs. At the close of the funeral march tha entire audience will join in singing “Nearer, My God, to Thee.” Bishop Nichols will deliver an invocation, after which the burfal service of the English lturgy will be read. A quartet will sin “Crossing the Bar,” and the choirs an audience will sing “Rock of Ages.” Pray- ers for the royal family will be offere by Rev. Dr. Hemphill; the audience and choirs will sing ‘“Abide With me,” and then the orchestra will _play Chopin's funeral march. Rev. W. K. Guthrie will deliver the benediction, and the service will close by all present singing “God Save Our Gracious King.” Detachments of police, firemen and Red Cross nurses will be stationed in the Pa- vll:on to guard the safety of those pres- ent. FIFTY KINGS AND PRINCES IN UNIFORM LONDON, Feb. 2.—From Victoria sta- tion to Paddington station the streets of London are now draped in purple, black and white. In St. James street one meets with a perfect blaze of purple of all shades. Piccadllly is gorgeous. Some of the clubs are entirely veiled with purple cloth, relieved by white bows and ros- ettes. The lamp posts in the middle of the road along the route have all been removed and the streets are being sanded preparatory to the function of to-day. Not until late last evening did the Earl Marshal, the Duke of Norfolk, give the finishing touches to the official pro. gramme, the exacting and difficult ques- tion of procedure among the multitude of British and visiting royaltles having been finally settled. The number of horses their carriages should be drawn by as well as the question who should drive and ride have been determined. The cavalcade which will follow the coffin, with King Edward in the center, flanked by Emperor Willlam and the Duke of Connaught, will exceed In brilllancy anything ever seen in England. Thete will be nearly fifty Kings and Princes, each wearing the uniform of his own country. Following this brilllant cavalcade will come the Princesses In carriages. The order of precedence here observed empha- sizes the great changes the death of Vie- toria has made among her daughters. Princess Christian, Princess Beatrice and Princess Louise now yield places to the daughters of the King. The first carriage will contain Queen Alexandra, the Duchess of Fife, now Princess Royal, Princess Victoria and Princess Charles of Denmark. The second carriage will contain the daughters of Queen Victorla and the King of the Bel- glans. King Leopoid was among the late arrivals. Prince Christian met him at the station and accompznied him to Bucking- ham Palace. The other roval and princely personages who arrived last evening were Archduke Francis Ferdinand of Austria, the Prince of Hohenzollern and Princs Arnulf of Bavaria. The court sent a spectal Invitation to Henry White, secretary of the United States embassy, to attend the service in St. George's Chapel royal to-day and to be present at the luncheon that will be given in Windsor Castle after the service. at which all the royal personages and special envoys will appear. Mr. White will thus accompany Mr. Choate, who is the only member of the dipiomatic corps similarly honored. The invitation Is not only a compliment to the United States but a special recognition of the friendship which Queen Victoria long felt for Mr. and Mrs. White. 3 Trains have been steaming In constantly through the night from Portsmouth and pouring pnmnfleu into the London sta- tion, the cro taxing cabs, omnibuses and’the underground trains to their full capacity. John Leoni. ST. LOUIS, Feb. 1.—John Leoni, & noted sculptor, who was brought from Rome by the management of the World's Colum- bian Exposition at Chi to do some of Phe nest statuary work there, dieq to-day at_the Clty Hospital as the result of an injury received in 1393. He was at work on the Administration building when a fall from a .lc::.tlr{d rr:lctllret'it his skull. This caused in: y and resul = Cer, from which he died tocday . T c2% ——— 5 For a Cold in the Head. Laxative Bromo-Quinine Tablets. From New York to San Francisco and a Through Line From Hamburg to Hongkong €ompany his family to the Eastern me- tropolis two days later, the business was of such an important nature that an im- mediate departure was necessary. It Is now belleved that the Important business mentioned In the telegram was in connec- tlon with the sale of the Huntington stock. The Huntington interests in the South- ern Pacific, Pacific Mail and Pagific Im- provement are said to amount to some- thing like $40,000,000. It was stated by a rallroad offictal last night that 150,000 shares of Southern Pa- cific stock were sold in London yesterday at from 47 to 49%. The supposition is that the English shareholders, who have been holding on to thelr stock for a long time, were given a tip, and when the stock reached a profitable mark the holders promptly sold out. It is thought there will be another big fall to-day. The Sp ers are known to have represented large English holdings. T. M. Schumacher, local representative of the Unlon Pacific, had received no con- firmation of the report up to a late hour last night. “All I know is what I have heard on the street and have seen in the papers,” saild Mr. Schumacher, “But I would not be at all surprised if there was something back of the report. If Harri- man has got control of the stock he is un- questionably acting for the Vanderbilt in- terests. I do not think the deal would af- fect local conditions to any great extent, though, of course, you can’t tell what might happen.” C. L. Canfleld, local representative of the Chicago, Milwaukee and St. Paul lines, Who has just returned from the East, in speaking of the reported deal last even- ing said: “If the Union Paclfic has got control of the Southern Pacific it means one of the biggest railroad deals of the times. Har- riman is a great financier and a shrewd stock manipulator. In my opinion he is backed by J. Plerpont Morgan and the Rockefellers. The latter have more money than they know what to do with, and they could not have hit upon a better invest- ment than by zcquiring the Southern Pa- cific stocks. “The Speyers have heretofore held the controlling interest. They placed Mr. Hays at the head of the big. Kentucky corporation. They have also represented large English koldings, and If it Is true that 150,000 Southern Pacific shares.were sold in London to-day then I guess there is no doubt that Harriman is In control. “The change, in my opinion, will not at- fect local conditions any to speak of. Of course, Mr. Hays will remain where he is, and the only noticeable difference will be n the closer relationship that will take place between the two big roads. Mr. Harriman is chairman of the board of di- rectors of the Union Pacific and is really the head of that company. He I3 also largely identifled with the Illinols Central. The Oregon Short Line and the Oregon Rallroad and Navigation Company are part of the Union Pacific, and it Is my opinion that if the Southern Pacific has been bought up it will continue to be run as at present, just as are the Oregon com- pantes.” 1If the poor people did but know how lit. tle some millionaires enjoy thelr wealth there would be less envy In the world.— Chicago Record. ADVERTISEMENTS. Recently there have been several cases ofgmmipent meén suddenly falling in collapse just after eating a hearty meal. These men have all been under treat- ment for gastric “trouble,” and yet the result shows that the treatment they had received had smothered the symptoms 2&:;;1 not retarded the progress of the There is a real danger in the use of palliatives when there is disease of the stomach and its allied organs of diges- tion and nutrition. The di in such | cases goes onm, while the distressing symptoms alone afe stopped. Presently- like a smothered fire, the disease breaks out in new places, in- volving heart, Iungs, liver, kid- neys, or some other organ. The use of Dr. Pierce’s Golden Medical Discov- ery ‘results in"a radical cure of diseases of the stomach and oth- er orgads of di- gestion and nutrition. It cures diseases of heart, lungs, liver, kidneys, etc., when the disease of these organs has its origin in the diseased condition of the stomach and digestive and nutritive system. T will tell you what myself and family think of your medicine,” writes Mr. M. M. Wardwell, of Linwood, Leavenworth Co., Kansas. "It will do all you say. asd more.- I was taken sick nine years ago: I got so weak three moatha. 1 plcke. [t 3 e Sty e m of catarth of it hit m; We had Golden Medical got for my mother. You recommend it for catarrh of the stomach, sq I went to taking it. The one bottle nearl me. I two bottles mext time and took one and ome-half and was well. Your medicine cost me three dollars and the doctor cost me fourteen dollars.” Dr. Pierce’s Common Sense Medical Adviser, in paper. covers, is sent free on receipt of 21 one-cent stamps, to gry expense of mailing only. Address Dr. R. V. Pierce, Buffalo, N. Y. posi -So! is liquid. 1 pared In mrl‘o-r-“ulv(.:::ynn-:: l’incql':n. llll:o‘llh and doxidie sad 50 DATTOW a8 10 pass Lhe closest Stricture. Every Man Should Know Himself. Tbe Su. James Assn.. Box . Cincinnatl. O.. hae mmumlnwm lustrated Treatise system. which thay Baie applicasi, 1. JAnEd ASSN.,