Salt Lake Herald | 1901-12-03 | Page 5 | Short Line in Giant Combine

SHORT HORT S LINE IN GIANT COMBINE i Will Hold Large interest in North Northern ern em Securities Comp Company ny POTENT POT EN FACTOR IN FRANCE FI ANCE t CONTROL OE O PAD GREAT m TO O R Rt t The Oregon Short Line Une and not the Union Pacific proper will hold tie the Harriman Har Harriman riman share of the stock of the tiie new railroad combine Incorporated P ae s the Northern Securities S company The developments in the northwestern northwest rn railroad situation have hare brought the th Short Line Into a much more important technical position making it a potent factor t tor in railroad finances in the Ute United States The P of ot the control of the Oregon Short Line by It the th Union Unton Pa cine interests has rendered possible Poss ble this combination which includes joint con control control control of or the great Burlington system aa as aswell well as q of the t Northern Pacific Ag A published in The Tho Herald some time ago when wh n the financial giants were bat battling battling fling for tor supremacy y in the Northern Pacific light fight the technical purchaser of or the control of the capital stock tack of that road was the Oregon Short Line The stock went vent into the Short Line treasury Ury and has reposed there ever sines unless it I has already i been exchanged ed for tor stock in the North i sen eIt Securities company Thus the Short bort Use Line LI with about a fifth the I mileage e Of tic the Bur tol and less than a third the mileage of o the North Northern N rth ern em Pacific Pacilio is 18 nominally a n potent tao fac factor tor in the control of both The reason for tot this is that the Short I Line is in no sense parallel to the Bur Bun lington or the Northern Pacific nor noris is isit IsIt it a competitor of either In this way vay the law is ls evaded