Show I N GALLS SAID TO TOBE BE THE MAN i Vanderbilt Ally Named For I Presidency of S P i REPORT OF RAILROAD TRUS t Gigantic Plan to Weave All American Roads Into One Oneo 4 o New York Aug 31 The Mail and Express contains the following today I It was w s said in Wall all street today tod Y t that at atthe the presidency residency of or th the Southern Pacific railroad would to President I M I E Ingalls of the Big Four road who i 1 Is a Vander itly No one could be found who mo would positively I confirm or deny the Ingalls rumor but it was declared with some show of or au authority that neither Mr H E Hunt Huntington Huntington Huntington ington nor Mr Tweed would succeed the late C P HuntIngton These two however are provided for forin forIn forin in the latest deal reported Each is to I retain his present position p Mr Hunt Huntington Huntington Huntington ington as first vice vic president and active manager in the wart t and Mr Tweed as second vice t and confidential tint Ual at orne in this city Another Vanderbilt 2 Move Iove ove The selection of Mr lIr Ingalls would be another stove move in jn line with the th al at alleged Vanderbilt plan n to weave all aU the railroads of America Amelica into one vast system system tem tern under a single head The me interests that are bringing the name of Mr Ingalls to the front con control control control a majority of the stock and could have dethroned Mr C P Huntington at any time within the last few years Jears but they believed he be had earned the position held and declined to humiliate him But Buthe he insisted upon putting all the profits into improvements and those t ose who did not net n tt like him have an abundance abundance I ance of other stocks that were div divi producers were nettled rot att this absence of Income from their invest investments investments ments meats in the stock of the road read whose value became purely speculative Now it as S said new blood is to be Infused Into the management through Mr In Ingalls Ingalls Ingalls galls A reporter of the Associated Press questioned Mr C H IL Tweed who Is Mr confidential adviser as to the various stories concerning the Southern presidency The directors will trill not meet until next week said Mr Tweed Teed and while several names have hae been informally Informally mally mentioned I think I am safe in saying sa ing no one has been decided upon definitely |