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" jc*$ , *? THE wmm N: ^TOURN PKICE TWO CENTS. WEDNESDAY EVENING, MARCH 26, 1902. 16 PAGES-FIVE O'CLOCK. ,* WALL STREET IS IRRITABLE Northwestern Railway Situ ation Makes It Sensitive. SUITS TOO PLENTIFUL Eminent Counsel at Variance on Northern Securities Outcome. THE NEW PURCHASE OF HAWLEY Colorado & Southern to Be Run on the Same Principle ait the Min neapolis & St. Louis. THE BEGINNER. $ Uncle SainNow look out, old man this is where I let go. . P. MORGAN ON THE STAND He Tells About a Trifling Deal of Three Million Dollars. Snapshot Artists Are Barred From the Courtroom at His Request. New York March 26 J P Morgan was a witness to-day before Special Examiner Mabey in the suit of Peter Power against the Northern Pacific Railroad company to test the legality of the turning over of control of that company to the North ern Securities company Mr Morgan was questioned by George Alfred Lamb of counsel for Powei. Photographeis who were present with a view of secunng portraits of Mr Morgan weie forced to leave the room at the re quest of the witness Mr Morgan said it was the business of the Arm of J P Morgan & Co to take up anything in a financial line which was creditable and which might suggest lt&elf as profitable The firm had much to do with the leorgamzation of the Northern Pacific in 1896 The amount Involved m that reorganization was soinething like $.78,000,000 Mr Lamb next asked Mr Morgan as to a transaction in which $26 000 000 par value of Noithern Pacific stock was pur chased for J J Hill and associates in 189b The witness said he conducted the re gotiation for that amount He did not know whether all the purchaseis of that block of Northern Pacific stock weie Gieat Northern people Mr Morgan said he did not rememDi all the details of the tiansaction Of couise it is a great transaction, and it is only natural that you might not be able to remembei said Mr Lamb It did not look very large to me said the witness The amount of cash in volved was not more than about $3,- 000 000 ' If the Northern Pacific wanted any thing to day it would be financed by \our house, would it n o f asked Mr Lamb Yes, undoubtedly ' Has your company loaned the North ern Pacific any money' ' Yes ' ' On whose account have these loans been made9 That I won t answer We were com missioned to raise the money We got it wherever we could Prom whom it was gotten I will not say Mr Morgan said the \orthern Pacific had not been controlled by another rail road since 1896 Since that time its -value had steadily increased The Great Northern, to a ceitain extent was a com petitor J P Morgan & Co received no commission for financiering the retue ment of Northern Pacific preferred Con cerning the Burlington purchase he h id made up his mind that Northern Pacific ought to have a terminal in Chicago He talked the matter over with all the per sons interested and thej agreed He said there were three lines available the Wis consin Central the Burlington and the St Paul The first, he said he would not have "I wanted the St Paul " said Mr Mor gan, and Hill wanted the Burlington, and finally the Burlington was selected It was the chief desire of Mr Hill that the Great Northern should have a terminal in Chicago I desired that same for the Northern Pacific There was nothing secret about the operations Mr Hill made the negotiations The price of $200 a share for the Burlington stock was demanded by the Burlington directors, and I told Mr Hill by all means to take I t " Mr. Morgan was asked what was the basis of valuation of the stock and re plied, that the stock was worth that amount for the purposes for which it was wanted ^ Did you know that there was a competi tion between Northern Par-tOc and the Great Northern for the business of the Burling- "I never knew two railroads that did not compete ti*e witness leplied ' At the present time the Burlington is operate jcu dj by the Great Northern and Northern Pacific' jNothmg of the kind the Burlington is operated independently like anj othei road In the evfnt of a dispute between the Northern Pacific and Great Northern ovei the Burlington who would wiu^ I do not tnow '"Was not the Burlington deal precipitated because somercdy else was after It' 1 do i ot Know If you ask my personal opinion, I might say 'Yes *' Mr Morgan then told how he heard that the control of the Northern Pacific was sought by other roads I was at Aix les Bains " he said, ' and I heard that the Union Pacific had acqaired " the majority I doubted it because I thought * I could depend upon the interests associated with us as ho'ders of Northern Pacific com n on to hani, onto their holding However the news came to me so strong that I thought 1 had better make safe and so between May 2 ai d May 7 we went into the market and bcught $lo 000 000 worth of the stock I fig ured the matter up and knew that such an umount wouid be sure to have the majority of the common stock Why were you so anxuous to have a ma jority interest m the Northern Pacific stock' Well our firm was fiscal agent of the road I felt it as a moral obligation upon mjself tovaids those who had intrusted me with tLeir interest to see that the road did not pass into the hands of the Union Pacific in terests I felt in honor bound to pie\ent that as a matter of protection to the minority stockholders You bought your stock in the open mar ket' Yes, sir ' ' You did not buy anything by private sale' Not a share What did o learn when you came home ibout the dissensions and as to who had con trol of the load' We had control ' By we vr u mean yourself and Mr Hill' ' Not at all I mean J P Morgan & Co , and their as3ociates STR\TTOVS COMPLAINT SERVED P a p e rs in W a s h i n g t o n Snit S e r \ e d in St Panl. Charles Reichow deputy sheriff of Ram sey county made a personal call yester day afternoon on C S Mellen, president of the Northern Pacific and James J Hill president of the Great Northern His visit was for the purpose of serving copies of the complaint drawn by At torney General Stratton of the state of Washington Thb two railroad companies are named as defendants in this suit and were no tified bj servce on the piesidents A copv was moiled to New York to be served on the Noi thern Securities company It will probf^ly be entrusted to a New Jer sey deoutv sheriff, and will be served on the Hudson Trust company of Hoboken, which is the tiustee and authorized rep resentative of the Northern Securities companj The complaint has not been made public It is understood however, to follow in the main the form of the Minnesota com plaint, but embodies some features of the doeument diawn by Attorney General Knox The Washington constitution has a clause prohibiting trusts and combina tions which brings the company in the saiie position toward Washington state tnat it maintains townrd the federal gov ernment S e \ e n P r a j ers Made. The bill of complaint coveis thirty-one printed pages Its recital is similar to that of the Minnesota suit The relief asked for is under seven requests, as fol lows That the officers and directors of the North ern Securit e company be restrained from voting any of the capital stock at any of the meetings of the Gieat N'orthern oi Northern Pacific That it be restrained from in any manner adding or advising or interfering with the management of the affairs of either That officers and directors of the Securities companj be restrained from exercising any of the poweis or duties of officers of either railway company That the Securities company be restrained from receiving acquiring oi controlling any aditional stock of the railway companies .. That the two railway companies be en joined from recognizing or accepting the se curities company as the owner oi holder of any shares of the capital stock of either rail way company, and from permitting the secu rities company to vote such stock, and from paying any dividend on such stock to said company or its assigns, or from recognizing as valid any transfer mortgage, pledge or as signment by such company of such stock That the Great Northern be restrained from interfering with, dictating to or controlling the policy or Ibusmess of the Northern Pa cific That the JXorthern Pacific be similarly re strained from interfering with the affairs or business of the Great Northern Railway com p a n y . *" _ " I" * -^ T^-4* FEDERATION OF MILLERS Formally Launched, With B. A. Eckhart of Chicago, President. * H. L. Little of Minneapolis, V. Pres.Association s Objects Outlined. Special to The Journal. New York, March 26 The northwestern railway situation is getting so overloaded with injunction suits as a result of the agitation against the Northern Securities deal, and also the litigation of the in terstate commerce commission, that sen timent in Wall street has become sensi tive and irritable on further news of this character It is understood that the securities In terests hope for a decision of the Knox suit in the lower court at the latest by the end of June If the decision is against the securities company an appeal will un doubtedly be taken to the supreme court If the decision favois the company theie is a possibility that no appeal may be taken At least this is the view of some people inteiested in the case There is a wide diversity of opinion as to the prob able result Mr Hill and associates are* understood to be entirely confident that the case will go in favor of the securities company from the first On the other hand, eminent counsel, with wide experience in railroad matters, take the view that the chances are strong against the securities company and that It is likely to be beaten at every point S, It is evident therefore that much un- ^ i certainty exists on the point as lawyers view it at this time The defendants' brief is not expected to be filed until the last moment allowed by the court Colorado & Southern. The first definite explanation of the re cent activity and strength of the stocks of the C'oloiado & Southern Railway com pany was secured yesterday, when an au thoritative statement was made that Ed win Hawley and associates baa secured a controlling interest in tne property This control was secured through purchases in the open market The entrance of Haw ley and associates into the management of the Minneapolis & St Louis has been followed by the rapid development and improvement of that property, the re sults of which are already being shown It is believed that Hawley intends to opeiate and develop the Colorado & Southern along th6 sacne lines the Min neapolis & St Lou^n^as been handled. Of course the posaitnljty of some large southwestern systems making a bid for the Colorado & Southern is to be con sidered but, at present it is understood that the new owners are acting for them selves and not for any other interest Chicago, March 26The final steps m the formation of the National Millers' Federation, representing a total capital of $400,000,000 and an annual flour output of 100,000,000 barrels were taken at a meeting held here to-day The federation is the national organization of the vari ous state associations and in addition it will include the National Millers associa tion and the National Winter Wheat Millers association Officers of both these organizations have been prominent in organizing the new federation At to day s meeting the following officers were elected President, Barney A Eckhart, Chicago first vice president, Henry L Little Minneapolis second vice piesident, ex Governor E O Stannard, Missouri, treasurer, W C Ellis, St Louis A board of directors which includes the officers was elected, the additional mem bers being C C Bovey, Minnesota W N Anderson, Wisconsin, M H Davis Ohio C T Ballard Kentucky H Hackney Kansas J M Razzor Texas W M Rowe, Michigan C L Cutter, Ohio A I Miner, Pennsjlvama, C E Engel, New York E H Evans In dlana E P Brunson, Tennessee Seymour Carter, Minnesota ftot to Control Prices. The fiist annual meeting will be held in Chicago, June 11, 1902 President Eck hart declares that the federation was not a combination for the control of prices, but for the purpose of furthering mutual interests and correcting abuses which he said had grown up during the past twen ty years Resolutions were adopted indorsing the legislative movements to give the inter state commerce commission authority to enforce its rulings and to correct the ac tion of ocean steamship companies and railroads in the alleged discrimination in freight rates against flour in favor of wheat The Nelson amendment to tho Harter act in reference to the London landing clause to prevent the steamship companies from discriminating against American flour was indorsed Mr Eck hart explained that American flour had to pay an unjustly high dockage rate at the London wharfs In nis address President Eckhart de clared that the new federation should en deavor to extend the flour market by com mercial reciprocity treaties As soon as the association is perfected one of its first efforts will be the repeal of the Harter act A clause in that act, known as the ' London clause,' is objec tionable to the millers The question ,of freight rates too, will receive immediate attention Reciprocity in export trade will be the factor upon which most of the woik will be based The headquar ters of the organization will be in Chica go with branch offices in various cities prominent in the milling business The foreign trade will be taken up and assis tance in some of the arrangements will be asked of congress The millers hope ta compel the legislators to make treaties with foreign countries whereby they will admit American flour without the payment of a big tax John W Haywood of the Pillsbury-Washburn Milling company of Minneapolis agreed that congress should be informed that a great industry needs its support He said^ We ask for no protection, but we should have the help of the government just tha same Russia is trying to get our trade and in Prance they are trying to make their own flour. Ouragreement stuff would be admitted to Europe v fre e if a n wa s made whereby cer - tain of foreign products weie admitted to the United States without charge, and not one of these needs protection IRRIGATION Outlook for Hansbrough's Bill in the House Far From Bright. /Vont The Joui n.a.1 Bureau, Boom 4tB, JPott Buildxng, Washington Washington, March 26 The outlook for irrigation is not so bright Senator Hansbrough, father of the bill which has passed the senate, is said to be worried over the apathy of the house He has seen the president, but no plans have been evolved for hastening action In the house the speaker is not enthusiastic, while some of the supposed house friends of irrigation aie blowing cold on the proposition For the most part these al leged friends come from the cattle states of the far west which oppose the funda mental principle of government owner ship and control of reservoirs and ditches maintained in the Hansbrough bill W W Jermane YIYID DREAM So Realistic That a Minneso ta Farmer Hangs Him self in the East. Annandale, Minn , March 2 Octavus Cills committed suicide at the Longworth place in Corrinna at 4 o'clock yesterday afternoon by banging He was discharged from the Fergus Falls asylum recently after a mcrath s treatment. M Special to The Journal Binghamton, N Y, March 26 Frank Lotz, a farmer of Anoka county, Minn , hanged himself in the barn of Ezra Rich ards, three miles from this city, as the lesult of hypnotic influence and a too \i\id droam Lotz came to this section last fall and obtained work on various farms He had teen employed by Richards for some time and last week attended a hypnotic enter tainment in which he volunteered as a subject The task he performed was that ot hanging himself and he was checked L/ the hypnotist after placing the noose arcund his neck When bis companions described to him hi antics if worked on his mind, and on several occasions subsequently he referred to it Sunday night he arose in his sleep, fixed a noose about his neck and awoke At this point he was brought out of his hvpnotic stete Tuesday morning, when the family arose, he was missing, and was found in the barn hanging from a beam, dead It is supposed he had a recur rence of the dream and did not wake him self in time to prevent the tragedy WHITE FINE DEAL Hines Now the Controlling Factor in the Northwest Market. Marinette, Wis , March 26 The Ed ward R Hines company has closed a deal with the Bigelow Lumber company of Washburn for 300,000,000 feet of white pine timber and a sawmill, thel considera tion being $3,000,000 x This dea makes th e Hines company the controllings factor in the hwite ^ne-markest in the jnorthwest,. mm TOO SLIPPERY FORKITCHENER Boer General Delarey Suc cessfully Evades British Cordon. Capture of 135 Prisoners and Some Munitions the Best Britons Can Do. London, March 26 In a dispatch dated Pretoria at noon yesterday Lord Kitch ener says At dusk on the evening of March 23. the combined movement against Delarey was un dertaken by columns of mounted msn without guns or impediments of any sort The col umns started from Commando drift on the Vaal river and traveled rapidly all night, and at dawc March 24 occupied positions along the line from Commando drift to the Lichtenberg blockhouse line The troops moved rapidly eastward, keeping a continuous line, with the object of driving the enemy against the blookhouses or forcing an action Kekewich s column captured thiee fifteen pounders, two pompoms nine prisoners and 100 mules, carts and wagons General W Kitchener's column captured eighty-nine prisoners, forty-five carts and wagons and 1 000 cattle The troops covered eighty miles in twenty four hours The total number of prisoners is 136 General Delarey appears to have suc cessfully evaded Lord Kitchener s cordon at the offset RACE OF CECI L RHODES IS U N Moldcr of the Destiny of South Af- rica Grapples With His Only Conqueror. More Canadian Troops. Ottawa, Ont, March 26 The rumors in re gard to the possibility of another Canadian contingent going to South Africa have crys talii/ed into the statemert that the imperial aufcnorities have asked for a mounted force of 2,000 men From what can be learned the imperial government has suggested that the force should be equipped and transported at its own e\perse The application will doubt less be acceded to, which would bring Cana da s contrioution of troops up to a total of 7,000 men TSILKA TAKEN Suspected of Having Caused Abductions of His Wife and Miss Stone. Studies of the Character of Him Whom Paul Kruger Pronounced "A Murderer." Nmw York Sun Snoolml Sarvfoa, Vienna, March 26 A dispatch from Sa lonica states that the Turks have ar rested Mr Tsilka on suspicion of causing the abduction of his wife and Miss Stone and receiving a considerable sum from the Macedonian committee as a reward This dispatch adds that it seems certain that Mme Tsilka knew nothing of the ar rangement, iwhile Miss Stone was the victim of overconfldence in the Bulgarians surrounding her. 4 Salonica, Maich 26 Miss Ellen M Stone has started for London, Thence she will sail for America. BREAKERS Miners of Iowa Expected to Strike in a Body on March 31. Des Moines, Iowa, March 26The indi cations are that every miner in Iowa will walk out at midnight March 31 At the joint conference of the miners and operators this morning the operators formally announced that they will not agree to employ shot firers, no* will they agree to the uniform day wage scale de manded President Reeses, in behalf of the mine workers asked the operators if they would arbitrate their differences The operators flatly refused Tho joint conference adjourned to reas semble at 2 o clock for final action and the mmeis immediately went into secret ses sion "LET'S POOL" Reply of the Railroads to the Interstate Commission's Attacks. From Tho Journal Bureau, Boom 4G, Pott Building, Washington Washington, March 26 The campaign of the interstate commerce commission against secret rate cutting will be met by a demand on the part of the railroads for a pooling bill The roads claim it will be absolutely necessary foi their protection The case is not difficult to understand The interstate commerce act, which has had new life injected into it, and which is to be enforced by direct processes of the court of equity, requires that the roads shall maintain uniform rates to all ship pers All roads must charge the same to all shippers between the same points But, say the railroad men, it would be impossible thus to maintain uniform rates without agreements Pooling it is claimed, is essential to uniformity of rates But pooling is forbidden, both by the interstate act and by the .Sherman anti-trust law The roads have all had warning that traffic associations or any other pooling devices woula be prosecuted by the interstate commission and by the department of justice The only way out, it is claimed is a law repealing that sec tion of the interstate act which forbids pooling and also repealing so much of the Sherman anti-trust law as applies to pool ing contracts between railroads Senator Stephen B Eikins, chairman of tihe interstate commerce committee, who is in close touch with the railroads, believes there is a sentimentgeamonsg the railroads strong enough # o t hi bil l through the senate at this session He is not taking account particularly of the sen timent among shippers They are sup posed to be content with the prospects of relief held forth in the course adopted by the interstate commission and federal law department The commission finds Itself in sympathy with the railroads in the matter of pooling legislation The commissioners believe the law should be amended so as to permit such contracts for the maintenance of rates, subject, of course, ii- the supervision and regulation Of the conlmisaioii. -W. W. Jena&ne, CECIL RHODES Cape Town, March 26Cecil Rhodes died peacefully at 5 57 p m to-day. He slept in the forenoon and again dur ing the afternoon, but his breathing be came more difficult and his strength per ceptibly diminished until he passed away BROKE\ DOWN Anxieties and Siege of K i m b e r l e y Undermined Rhodes Completely. London, March 26 The death of Cecil Rhodes came as a great surprise to those few who saw anything of him during his visit to London last winter Whether it was du* to his experiences during the long siege of Kimberlly, or the accumu lated anxieties regarding the war in South Africa, with an accompanying change of public feeling in England toward him, there is no doubt he has been almost completely broken down within the last two years Even his appearance changed His once finely chiseled face had become bloated, and his huge frame filled out un til walking was most difficult He was frequently attacked with severe heart troubles, but he ever exhibited the stoicism which marked his extraordinary career, and did not allow his bodily ail ments to interfere with his business Up to the last Mr Rhodes kept a firm grip on all those vast South African interests created and controlled by him Except that he was more Irritable and more dic tatorial in his manner of handling men, millions and empires, there was no dif ference Toward tbe social side of -life, however, he souied Once his day's work was done' he shut himself m his. London house where he denied himself to all except half a dozen favored intimates Dr Jameson was his constant companion They could be seen in the park in the morning tak ing solitarv rides on horses, never goinig/ faster than a walk More especially dla Mr Rhodes shun the present government leaders He bitterly expressed hi's con tempt of British army methods in South Africa and probably never quite forgave Mr Ohambeilain and Lord Milner for not consulting him or endeavoring to utilize the powerful financial-political machine which Mr Rhodes manipulated over the whole of South Africa With increasing irascibility, he grew more restless as the end drew near. He was never contented to stay long in one place His closing days devolved into an un ceasing, purposeless quest of change of scene During his recent trip to Egypt, this was particularly noticeable He rushed from place to place, as if with the only object of upsetting his own plans Then he suddenly returned to England. Financially, Mr Rhodes' death is nt likely to have any far-reaching results, as all his enterprises were systematized so thoroughly as not to need the master mind BO necessary to their inception Owing to the great success of the DeBeers mines, the British Chartered South \frica company and other great South African ventures, Rhodes fortune had been stead ily accumulating He lost money over the "war, but what inroads that made must have been trifling compared with the many millions he possessed WHAT HE DID Memorable Career of "the Evil Genius of South Africa." Cecil Rhodes was born at Herts, England, July 5, 185S, the fourth son of Rev Francis W Rhodes, vicar of Bishop Startford He was educated at Oxford, and made two visits to South Africa while yet a student. "Chi nese" Gordon helped to develop Mr Rhodes, they being warm friends They met first in 1881 in Basutoland, South Africa, when Mr Rhodes, then a newly elected member for Barkly West in the Cape Colony legislative assemblya constituency which continued his through lifewas serving in the compensation commission When General Gorden went to Khartoum he asked Mr Rhodes to 'accompanv him. The young legislator dMlfnsd and Ac- cepted the treasury generalship in the Scan len ministry Mr Rhodes was the originator of tho Cape Colon} scheme and considered his great est achievement the keeping of Bechuana land in British hands, to the exclusion of the Boers He was treasurer general of Cape Colony in 1884, deputy commissioner of Bechuanalanl in 1884 5 and managing direc tor of the British South African Company, whose chartsr was granted througn h's efforts in 1889 Afterward he became chairman ot the company director of the De Beers mines, premier of Cape Colony (1890 96), commis sioner of oi own landb and minister of na tive affairs and served in Matabeleland m 1896 Mr Rhodi s read chiefly the classics and was a collector of old furniture china ana curios generally He was a sportsman and a good shot and owned a whole menagerie of lions, etc He remained in guarded re tirement at Kimberley the first months of the pending wai, his capture by the Boers being threateLed constantly Krugrer Called Him Murderer. Cecil Rhodes was once designated by an enemy as the evil genius of South Africa * Whether or not this appellation was ]ust, the developments of an uncertain fucuie alone can tell It is a matter of historj that the vortex of the bloodj conflicts which have marked the histoiy of South Africa in the last twenty years has followed his course Wherever he went, both war and civilization followed To his activitv in building a Brit ish empire m South Africa is attributed the present deadly struggle between Boer freedom and the advance of British power President Kruger called him muroerer and placed a pri"e on his head Englishmen have denounced him as a coward and criminal, and clamored for his downfall, but his great per sonality continued to make histoiy in South Afr'ca and through success and defeat he continued to stand forth pre eminently tbe greatest Englishman in South Africa The projeHa which have beei ccrled out by Cecil Rhodes were too great to be meas ured by the standards of ordinary men The methods he used were accordingly often in violation of ordinary standards A great gen eral both of finance and conquest, he used all human agencies to accomplish bla ends He sacrificed lives and all else which stood in his way, and the history of conquest in South Africa is a history of bloodshed and dis honor, but it is also a history of magnificent achievement, of vast fortunes torn from a molten soil of vast states wrested from the rule of ravages and given to the uses ot civilization of the progress of modern civilization along the route from Cape to Cairo, and the great figure in this history was Cecil Rhodes Struesrle for the Zambesi. The early operations of the Chartered com pany furnish heroic pages In South African history Ha.^ly bad the charter been issued before President Kruger divined the object of the company and tried to defeat It Tbe race for the Zambesi over the trackless veldt began When the English arrived in the chartered territory they found the Boers there before them Rhodes sent for troops The government furnished them and drove off the encroaching Boers Tbe struggle be tween Rhodes, the English genius, and Kru ger, the Boer patriot, began a bloody strug gle, which still continues to-day between their followers The Boer trek was headed off Boer expan sion wass topped, the Transvaal republic was cut off from the growth which was the hope of its future Independence and greatness AH this was done by one stroke by Cecil Rhodes. He accomplished it more by the power of his millions than by genius In the height of his success he was made premier of Cops Colony Still holding his power in politics, Rhodes continued the work of the Chartered compa ny First, Matabeleland was conquered and opened up by the Chartered company Be chuanaland was added to the British domain. A bloody war was fought with the Matabela tribe and the British domain extended to the Zambesi It passed the stream which bad once been the goal of the race Nyossaland was added, and the British Central Africa colony was the result The advance of tha Portuguese into the interior was stopped. Tbe % : 1 \ - , 1: i: **.\ 3:: }! S' 3 Contlnaed oa teeoaa Pa* MSJSM Defective Page