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The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, December 31, 1901, Image 2

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THE MINN APOLIS JOURNAL.
PRICE TWO CENTS.
, --^-rs^ 2—
THE YANKEE AND THE FRENCHMAN.
Wait, Wait, Monsieur, Fifty Per Cent Discount on ze deal! Come, Buy Him!
ACTION IS RAPID
IN POWER'S N.P. SUIT
Developments in Suit to Prevent Re-
tirement of N. P. Preferred Fol-
low Like Clockwork.
Case Carried to the Federal Court
Where Judge Lochren Heard
Arguments To-day.
Peter Power, New York capitalist and
holder of 100 shares of Northern Pacific
common stock, is fighting In the courts
in Minneapolis against the retirement of
Northern Pacific preferred stock and the
consequent fortifying of James J. Hill in
his supremacy over three great railroad
systems.
Yesterday morning Mr. Power's attor
ney secured a temporary injunction
against the retirement—a move which was
supposed to come as a stunning surprise.
Nevertheless, by early candle light, there
was on file with a Minneapolis court
clerk, a bulky answer from the Northern
Pacific interests. This document covers
thirty-one large, typewritten pages and
shows evidence of careful preparation
such as would ordinarily occupy at least
a week of a painstaking attorney's time.
Ostensibly, It was prepared in not to ex
ceed eight hours.
It is also noted that, whereas the legal
staff of the Northern Pacific is usually
here, there and everywhere attending to
the necessarily heavy and scattered liti
gation of a big railway system, all the
legal lights of prominence were either
waiting at St. Paul or within such easy
call that they appeared in Minneapolis
this morning. ■ \
In a recent New York action brought by
a holder of Northern Pacific preferred
stocks to prevent its retirement, it was
suspected that the case was a friendly one
to give the merger interests the prestige
of a legal victory. Those watching the
case brought in Minneapolis do not give
great emphasis to any suspicions they !
may entertain, but they are weighing with
care every feature of possible significance.
Taken to the Federal Court.
After Judge Elliott had granted the
temporary injunction yesterday, the de
fense, under its rights, took the case to
the federal - court.
The charter under which the Northern
Pacific road is. operated contains a pro
viso permitting the board of directors to
retire its preferred stock, at par, on any
first of January up to Jan. 1, 1917. Con
\ sequently if the retirement is to be ef
\ fected within a year the stock must be
called In to-morrow at the latest.
■ This morning the attorneys for Mr.
Power came into court and asked Judge
Lochren for time to prepare a reply to
the answer served upon them by the at- i
• torneys for the ■ Northern : Pacific road at
9:30 last evening. The ■ request was de
nied, ■- ' ■ ' i
Next they asked that the case be re
manded to the district court This, too,
was denied; but the argument on the two
motions consumed an hour and a half of
valuable time.
Unless the action is decided to-night,
or, at the latest, early to-morrow morn
ing, the purpose of the petitioner will be
attained just as effectually as if the de
cision should go in his favor. That was
the phase the case assumed this morn
ing.
Sparring for Time.
On one side of the table in Judge Loch
ren's court sat Judges Lancaster and Bel
den and M. H. Boutelle, representing Mr.
Power, on whose relation Judge Elliott
had granted an injunction. On the-other,
were Charles W. Bunn, Mr. Kellogg of
Davis, Kellogg & Severance, and Judge
Young of St. Paul, representing the North
ern Pacific interests.
Judge Lancaster and his confreres, to
.use a sporting term, "sparred for wind."
They did everything in their power to
delay proceedings. On the other hand,
their opponents urged expedifion and
called the attention of the court to the
great loss that might ensue to the road
through a postponement of the case.
Arguments on the Injunction.
After both preliminary motions had been
argued and denied, C. W. Bunn, for the
Northern Pacific, was heard in support of
a motion to dissolve the injunction issued
by Judge Elliott. He spoke only a few
minutes over half an hour, closing his
argument shortly after noon, when court
was adjourned until 2 o'clock.
In his argument Mr. Bunn maintainel
that there was much in tne petition pre
sented to Judge Elliott that was imma
terial and that had been injected merely
to create public sentiment. Said he:
"My friends on the other side of the
Continued on Second Page.
One of Our Hymns a Drinking Song
Mmw York Sun Samclal Smrvfom
Toledo, Ohio, Dec. 31.—"Our modern hymns are chock full of doggerel nonsense.
We have wandered from the path which was originally marked out and our hymnology
new deserves the denunciation given it by Professor Triggs of Chicago."
This statement was made by the Rev. Robert S. Young, pastor of the West
minister Presbyterian church, at the meeting of the Toledo preachers' union.
"Why, do you know," continiued Mr. Young. "I have discovered that one of the
hymns now sung with the greatest fervor is merely an old Italian drinking song."
"Well, what if it was a drinking song?" indignantly asked another member of
the preachers' union. "People won't know the difference."
% \.Y EVENING, DECEMBER 31, 1901.
TO-DAY CUBA
IS ELECTING
Important Step in Attaining
Independence.
ORDERLINESS IS LIKELY
Sovereignty to Be Transferred From
the United States May i.
REVIEW OF PAST STRUGGLES
T. Estrada Palma, Who Will Be the
First President, Is Expected
to Govern Wisely.
Front The Journal Bureau. Hootn 46, Pott
Building, Washington.
Washington, Dec. 31. —To-day is elec
tion day in Cuba. Under the new con
stitution, which, by the way, reads as
if its framers knew no other model than
the constitution of the United States,
there will be chosen presidential electors,
senators, congressmen, and a governor and
legislature for each of the six provinces.
Every male native or naturalized Cuban
who is not a criminal, lunatic or public
charge has a right to vote. Feb. 24 the
presidential electors will meet and ballot
for a president and vice president, just
as the electoral college does in the United
States. About the first of May President
Roosevelt will issue a proclamation
formally transferring sovereignty from
the United States and the independence
for which the Cuban people struggled so
many long years will have been realized.
The reports indicate that It will be
an orderly election. The result for presi- !
dent is a foregone conclusion. Practical- j
ly only one candidate remains in the j
field, and he is not a war hero, which is j
singular, considering that Cuba is chock
full of them. Last August there were
eighteen candidates for president and
a voting contest conducted by a Havana
newspaper at that time seemed to in
dicate that General Maximo Gomez, cim
mander-in-chief of the Cuban army in
two revolutions, would win in a walk.
The turn in affairs since them has been
most remarkable. There were among the
eighteen fire-eaters and revolutionists
who were declaring the people ought to
resort to arms before acquiescing in the
demands in the Platt resolutions adopted
by the senate last March,
Palma.
The one who was not eliminated, alone
among the eighteen, is said by men who
have known him for many years to en
tertain convictions that the ultimate
destiny of Cuba is annexation to the
United States. Tomas Estrada Palma is
this man. He is a Cuban by birth. For
a time during the ten years revolution
—1868-'7B —he was president of the pro
visional Cuban republic. He was captured
by the Spaniards and transported a prison
er to Spain. Execution or a long term of
imprisonment stared at him for a time,
but he was finally released on condition
that he would banish himself from the
Spanish colonies.
He came to the United States and
Continued on Second Page.
TO HEiD OFF
SPECULATORS
President Roosevelt Will Call
Denmark to Time.
OFFER FOR ISLANDS
This May Be Withdrawn to Cheat
Speculative Greed.
TRYING TO BILK UNITED STATES
President Takes an Important Step
to Lessen the Strategic Value _ :
•_ .of St. Thontnjt. „.
f/mw York Sun 9pmo!m!Bmrvlom
Washington, Dec. 31.—There is a grow
ing belief in Washington that President
i Roosevelt will withdraw the offer of the
1 United. States to purchase >. the Danish
West * Indian islands unless the govern
. ment of Denmark very shortly .cuts loose
from the • speculators who have prevented
the consummation of the deal through
their desire to share* in the profits.",
The president has taken one step In the
| direction of ; reducing the strategic" value
of St. Thomas by making over to the navy
■ { Culebra island for use as a coaling base,
thus placing that island, which immedi
ately adjoins the Danish: West Indies, in
precisely the same category as Tutuiia
" and , Guam. i Surveying operations under
Rear \ Admiral Bradford's * direction have
* led to the discovery of an admirable har
bor in this easternmost of American pos
'■ sessions. „ -\j ,-,'■ - --„"■■■ •■;.'■":
The ; president and secretary of state
are getting tired of the 'dilatory conduct
of the Danish, government and now that
they know the reason for it are inclined
to abandon the . idea of purchasing the
islands until Denmark is prepared to
make a final offer. _;; The whole delay is
due to men who, having failed originally
to sell the islands to the United States in
the capacity of agents of the Danish gov
ernment, are now attempting to place
themselves in a position where they can
collect commissions in the : event of the
sale being consummated. " I , ";'•
They are the same men whose negotia
tions with the McUinley . administration
were 'cut * short two years ago. When
they found that a new Danish cabinet had
entered Into . negotiations '■:'- which were
likely to Sbe successful, they began an
agitation Denmark which/has delayed
the i transfer of sovereignty ', so that they
might make, investments in St. 'Croix, and
St. Thomas v^liieh coiaid be disposed of to
the United. States at a handsome profit.
' The Danish government wants to sell
the - islands \ ttv U appreciates . that if the
United States' doits not buy them nobody
else ; can or • wii;. L, the pending , nego
ti«*tAf»* fill f t>^wf vi' great ,many years
will elapse " befor% 'f ne Danish ' govern
ment will again find so favorable an op
portunity to unload her burden in 'the
western ocean on terms so satisfactory
as those which has been offered by the
United States. i»j . ;:
New Steamakip Service.
Copenhagen, Dec. 31.—According to the Po
litiken, a syndicate for the improvement of
the Danish West Indies, capitalized at 4,000,
--000 kroner, intends to establish: a steamship
service between Denmark and Central Ameri
can ports, calling at St. Thomas, whether the
islands are sold or not.
WOMAN'S TEETH
These and Her Foot Bring
Two Footpads to
Grief.
Special to The Journal.
Chicago, Dec. 31.—8y biting a highway
man's finger until he cried out with pain
and then kicking his companion sense
less, Mrs. Anna Wirsing, a widow, foiled
an attempt to rob her last evening. Mrs.
Wirsing was on her way to a drug store
to purchase medicine for her mother when
a man's hands were clasped tightly over
her eyes. Mrs. Wirsing caught the rob
ber's wrists, pulling one hand down and
placing the fingers in her month. Then
she bit with all her strength. The foot
pad yelled with pain, but the woman kept
on biting until she felt her assailant's
grip relaxing. The robber then ran.
Mrs. Wirsing was about to pick up the
articles which she had dropped when
another man appeared. He bent over to
pick up the pocketbook. faking advant
age of his stooping posture, the woman
balanced herself and kicked at the man.
The blow struck the second robber in the
head and he dropped to the sidewalk and
lay still. Mrs. Wirsing then recovered
her bocketbook and other things she
had dropped and continued on her way to
the store.
SPEND A MILLION
Omaha-Northwestern Will
Make Heavy Expend
itures at Sioux City.
Special to The Journal.
Sioux City, lowa, Dec. 31.—The Chicago,
St. Paul, Minneapolis & Omaha railroad
has purchased lots through the heart of
Cioux City, amounting to sixty acres,
and in a strip a mile long, and has an
nounced the construction of large machine
shops for the entire northern lowa and
Dakota divisions, and the buildings of
the largest terminal system in the city.
It is known that the company # is pre
paring to build the link to Le Mars, con
necting the iwo sections of the Omaha
railroad, and that property is already be
ing bought for the erection of a mammoth
union station for ail the 'North-Western
lines here.
A line will also be built from Merrill,
lowa, to Centerville, S. D., connecting
the South Dakota lines with Sioux City.
It is unofficially stated that the North-
Western's plans provide for the expendi
ture here of a million dollars.
HIGH SCHOOL FIRE
Heron Lake!* Costly Building; Burned
Early To-day.
Special to The Journal.
Heron Lake, Minn., Dec. 31.—The Heron
Lake high school building was destroyed
by fire this morning. The loss is $25,000;
insurance, $17,000.
C. P. R. AND
THE MERGER
Former's Attitude as Lowry
Sees It.
HILL'S PLAN FAVORED
But the Soo's President Has Re-
ceived No Instructions.
THINKS SOO WILL BE BENEFITED
He Says He Han Not Been Back of
Any Attack Upon Northern
Consolidation.
President Thomas Lowry, of the Soo
road, and also head of the Twin City
Rapid Transit company, flatly contradicts
the statements maje by St. Paul papers
friendly to the Hill railway interests that
he is taking a prominent part In the agi
tation against the Northern Securities
consolidation. One fit the papers men
tioned makes the charge thas it is through
Mr. Lowry that the St. Paul Dispatch is
making such a determined stand against
James J. Hill's big scheme. The fact that
M. D. Munn, local counsel for the Soo road
and the Twin City Rapid Transit Company
in St. Paul, iB associated with the state
in the action against the merger is cred
ited to Mr. Lowry. The Soo president is
also charged by the organs of the Hill
combine with opposing the Hill combina
tion at the instigation of the Canadian
Pacific, which owns a majority of the Soo
stock, because the Canadian Pacific offi
cials want to steer the immigration now
bound for the American northwest into
the territory tributary to its lines. When
asked byThe Journal as to the truth
of these statements to-day, Mr. Lowry
said:
"I have not been asked to nor nave I
taken any personal interest in the agita
tion or movement against Mr. Hill's com
bination. My relations with Mr. Hill
have always been most cordial and pleas
ant, and I know of no reason why they
should be otherwise at this time.
"As far as I know the St. Paul Dis
patch runs its own busines and governs
its own policy. I have no interest in the
Dispatch in any shape or form either di
rectly or indirectly.
"When Governor Van Sant declared his
intention to attack the Northern Securi
ties company, I was in New York. I
had no previous intimation of it and the
very first knowledge that such a move was
to be made I learned in the Associated
Press dispatches vfbile in New York. I
was also absent from the city at the time
the governor consulted Mr. Munn and
knew nothing about it whatever. I have
met Governor Van Sant but once Bince the
election. That was at the reception ten
dered President Roosevelt.
o o
: "The Canadian Pacific has given :
: me no instructions regarding Mr. :
: Hill's new company or plans in :
: any shape or form. I feel confl- :
: dent that the Canadian Pacific :
: people favor Mr. Hill's combina- :
: tion. Personally I feel that the ;
: new arrangement formed by Mr. :
: Hill will be a benefit rather than :
: a detriment to the Soo road. :
o o
"Individual opinions In this matter,
especially those of people interested in
railroads will have little upon the
result. This controversy, like any other
of this character, will be settled upon the
broad grounds of public policy and in the
courts."
INION PACIFIC FIGURES
How the Company Profited by North-
em Pacific Pnrchaite.
Special to The Journal,
New York, Dec. 31. — Although the
amount paid by the Union Pacific for
Southern Pacific and Northern Pacific
stock has not been revealed, it is believed
the Southern Pacific cost it something
over 50 and Northern Pacific a little above
par. The Union Pacific has a floating
debt of approximately $25,000,000, caused
by the acquisition of the Northern Pa
cific, although the purchase was not made
directly. Nearly half of this indebted
ness has been liquidated since the date of
the annual report. The principal part of
the money used in paying off this debt in
supposed to have come from the profit ac
cruing to the Union Pacific on its pur
chase of the Northern Pacific.
When the settlement with the Northern
Pacific was made the Union Pacific re
ceived a considerable amount of cash as
well as securities. The profit on the
Northern Pacific transaction was esti
mated at about $17,000,000 and it has been
understood that about $9,000,000 were re
ceived in cash. Part of this profit might
properly have gone to the interests
through which the purchases and sales
were made but as a matter of fact all went
to the Union Pacific, which was thus able
to liquidate immediately part of its in
debtedness. The remainder can be paid
off very easily should the company see
fit to market some of the stocks which,
have been acquired.
DEAL BLOCKED
Erie Telephone Stockholders
Oppose Absorption
by Bell Co.
Special to The Journal.
Boston, Dec. 31.—Efforts will be made
by min6rity stockholders of the Erie
Telephone company to prevent consolida
tion with the Bell Telephone company.
The stock was some years ago a favorite
investment for Lowell people, thousands
of shares having been taken in that city.
People of small means put their savings
into the stock and for years were satisfied
with the returns. These people are now
compelled to give up one share of their
stock without compensation and to ac
cept new stock at the rate of $25 a share.
Since the new reorganization plan was
announced the dissatisfaction of the
Lowell stockholders has been voiced free
ly and a notice appears in the Lowell
morning papers calling a meeting to be
held Wednesday evening to "discuss mat
ters affecting our rights and to take
measures for defense." It is not believed
by the majority stockholders that an at
tempt to block the consolidation will
prove successful. A majority of the stock
held by the Bell people has assented to
the reorganization plan, but it is expected
that the Lowell people will take the mat
ter into th# courts.
10 PAGES-FIVE O'CLOCK.
CAUSE OF PEOPLE
GAINING GROUND
Moral Effect of Merger of States
Against Merger of Railroads Is
Already Felt in the West
Helena Conference Will Take Final
Action To-day—Minnesota's
Stand Is Indorsed.
Prom a Staff Correspondent.
Helena, Mont., Dec. 31.—Governor Vaa
Sant is the hero of the hour. The far
west loves a fighter. Minnesota's gov
srnor just suits them. His well-tem
pered address at yesterday's meeting, de
void of bitterness or "grand stand play,"
pleased everybody. It disarmed his
critics and is commended by both friend
and foe. It appears to all as being both
tearless and fair.
Minnesota. Commended.
A deep undercurrent of feeling here
came to the surface last night, when ten
of the foremost citizens of Helena met the
visiting state officials at the home of Gov
ernor 1 Toole. It was purely a social oc
casion and discussion was barred, but
after coffee, toasts went around the
board. Governor Van Sant was fairly
bombarded with bouquets. Every speaker
took pains to declare in no uncertain
style his admiration for Minnesota's
stand and to Indicate plainly his dread of
combinations.
It is fair to say that this sentiment is
shared by nine-tenths of the intelligent
men of Montana, Idaho and Washington,
a sentiment tftiat has been slow to de
velop. Minnesota seemed far away, and,
doubtful of the states' power to block the
merger game, the far northwest had re
signed itself to the inevitable. Long
headed business men saw the danger
plainly and hoped against hope. The
Helena conference has put heart in
them.
The spectacle of a state confederation
in such harmony has already had a great
moral effect. The talk is bolder.
Where Idaho Stands.
Said Governor Hunt of Idaho this mora
ing:
o °
: Our people, regardles of politics, :
: are opposed to consolidations of :
: every sort. This railroad merger :
: would do us little immediate in- :
: Jury, but a glance into the future :
: convinces us that the throttling of :
: competition will be to our perma- :
: nent hurt. . :
o °
Washington state is very bitter against
the Hill regime and the feeling is more
pronounced there than here. Montana is
a bone of contention between the Amalga
mated Copper company and Senator Clark.
The newspapers are controlled by one or
the other. The Clark papers, for the
selfish interests of their chief, oppose the
merger. The Amalgamated organs de
fend it. The popular feeling, regardless
of factional strife, is with Governor Vaa
Sant and his allies. Montana people are
proud of the Northern Pacific, and dread
to see it "chawed up," as they express it.
They are tired of being bossed by cor
porations, and while business men, for
business reasons, cannot say much in.
public, they are doing "heaps of think
ing."
Toole in Line.
Governor Toole, a Clark man and am
bitious to succeed Pariß Gibson as the
mining king's colleague in the senate,
keeps his ear close to the ground and hi 3
hearty co-operation with Governor Van
Sant is evidence that he has heard the
rumble. The conference is succeeding be
yond the hopes of all. No politics has
developed. All look on the question from
the high plane of their duty as public
servants.
Adopt Resolution*.
Resolutions declaring against railroad
consolidation were adopted late this after
noon by the governors and attorneys
general without a dissenting vote.
The morning session was fruitful In
discussions and the legal remedies were
gone over carefully. Shortly before noon
the members began an endeavor to formu
late resolutiona. A rough draft was made
and discussion as to the exact language
took the time until 12:30, when a recess
was taken until 3.
Frank Martin, attorney general of Idaho,
and secretary of the conference, said
during the recess:
"There is no difference of opinion among
us on the main proposition that the con
solidation is harmful and should be pre
vented. We are agreed on the general
form of the resolutions declaring our
Bentiments, and it will be perfected at the
afternoon session within an hour or two."
Attorney Generals Stratton and Mar
tin are much in earnest and the indica
tions are that one or both will com
mence an action against the combine in
his own state. They went into the de
cisions and authorities this morning with
Attorney General Douglas of Minnesota,
this discussion consuming much of the
time.
"A Menace to Each State."
The resolutions under consideration this
afternoon are strong. They declare
against combinations of capital and for
the checking of competition hostile to
the public interest. The merger of the
Great Northern and Northern Pacific is
declared a menace to the interests of the
states through which they pass and the
best efforts of each commonwealth are
I pledged to prevent the deal. Governor '
Van Sant is commended for his stand and
promised the support of each state rep
resented, so far as the influence of those
present shall go.
"Such will be the meat of the resolu
tions passed," said a member of the con
ference. "Our discussion of the legal
phases must be kept executive. We can
not give away our plans to the enemy.
The statement of the resolutions that we
will endeavor to prevent the merger may
be taken to mean that other suits will be
brought. Where and of what nature these
suits will be, we cannot disclose at pres
ent."
Governor Herreid of South Dakota, left
on the 3 o'clock train for home, missing
the afternoon session. He received a •
telegram hurrying his return on urgent
business. Attorney General Pyle re
mained to represent him.
—€. B. Cheney.
.
PRELIMINARIES ACCOMPLISHED
-
Opening Statement to the Conference
by Guv. Van Sant. .
Helena, Mont., Dec 31.—N0 action'was
taken yesterday at the meeting of the
governors and attorney generals of the
northwestern states, called to consider
plans for opposing the proposed consoli
dation of the Northern Pacific, Great
Northern and Burlington railway sys
tems.
From the discussion, however, it is con
sidered probable, that the plan of Gov
ernor Van Sant of Minnesota will be in
dorsed by the executives of other states
and that the fight against the railroad
consolidation will be carried to a finish.
Welcomed by Toole.
The afternooa^meeting was largely In
formal in nature. Governor Toole ex
tended the formal welcome* of the state,
speaking of the practical value of the
opportunity to confer upon the important
questions before the conference, irrespec
tive of the decision to be reached. Said
he:
I wish to thank you for your presence, and
beg to assure you that Montana feels highly
complimented by the selection of this stat«
and its capital city as the place of your con
ference. From the time of the sermon on the
mount to the present day, It 'has been deemed
appropriate that all great undertakings should
be initiated at some elevated and conspicuous
point. Doubtless in deference to some such
worthy precedents. Governor Van Sant select
ed this little oitj. Resting on the throne of
the rocks, in a robe of clouds, with a dia
dem of snows, as a fitting; and proper place
for so important a gathering. At all events,
we give you a cordial weloome, and whether
our conference portends much or little, wis
dom or folly, it will be a source of pleasure
and profit, I trust, to know sacti other better
and exchange views upon important subjects,
which bring us together, in which as neigh
boring commonwealths and oitiiena of thi3
country we have a mutual and abiding inter
est.
Remembered, Thongb Absent.
Calling attention to the absence of
Governor Frank White of North Dakota,
Governor Van Sant read this telegram:'
"Bismarck, Dec. 28.—1 regret that mat
ters have arisen rendering it impossible
for me to attend the Helena meeting."
Governor Van Sant then read the fol
lowing telegram: "Bismarck, Dec. 31.—
I will be present with attorney general of
the state at time and place indicated in
your letter."
Concluding, he read Governor White*
letter to him, written Nov. 26, when he
I expressed the hope that Governor Van
Sant would succeed in his effort to down
the consolidation, and added that the peo
ple of North Dakota were with him.
Van Sunt'n Statement.
The meeting was organized by the elec
tion of Governor Van Sant as chairman
and Attorney General Martin of Idaho i«
secretary. The governor made a briet
speech in regard to the objects of the
meeting, giving a history of the proposed
railway consolidation and the effect he
believed it would have on the states af
fected. He said:
The state of Minnesota has toad on her
statute books for more than twenty-five years
laws prohibiting the consolidation in auy way
of parallel and competing Hne6 of railway*.
It has been the settled policy of our state to
maintain a free, open and unrestricted com
petition in freight and passenger rates. Tha
Great Northern and Northern Pacific rail
way companies operate parallel and com
peting lines of railway within the state.
These are practically the only roads which
furnish any transportation facilities to ths
northern half am the state, with the excep
tion of the two known as the "iron ore roads."
It has been recently announced thai Mr.
Hill and his assistants have obtained tha
control of the Northern Pacific railway com
pany and intend to operate the same Jointly
with the Great Northern, and in effect bring
about a consolidation by removing all com
petition and all rivalry between these roads.
To tbA end the Northern Securities company
was organized In New Jersey to acquire a
controlling amount of the stock of the Great
Northern and Northern Pacific Railway com
pany in exchange for its own stock, and X ie
through this company that the unity of man
agement of control is to be effected.
Feelx the Obligation.
As soon as this fact became known to me
I felt it my duty as governor to do every
thing in my official power to oppose the con
solidation or amalgamation of these proper
ties within the state of Minnesota. If there
Is such a consolidation foutemplated, and
that fact seems to be practlcaly conceded, it
is an open violation of the law as well as
the declared public policy of the state of Min
nesota, and I feel that I should be negligent
of my duties as the official head of the state
if I remained quiescent under such circum
stances.
I have been informed that the states which
you gentlemen represent as governors and
attorneys general have constitutional or stat
ute laws similar In effort to those of the
state of Minnesota, and there was a question
In which our state was not alone interested.
Aoting upon this belief, I took the liberty of
asking for this conference of governors and
attorneys general of the various states
through which these two roads pass, believing
that ail audi »i*W* were «q,ually latarestai

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