Show ANOTHER VERSION How Eow ow C P P Huntington Was Pinched In 1893 New York Aug Au 31 The presidency ncy of the ilie Southern Pacific will wUl be offered within a 2 day Qt or two to one of the ablest railroad men In America a man who is now the president of one of the rea test roads in the east Al A Although Although though he has a very comfortable I berth where he is it is believed he will willbe willbe be glad to round off his railroad career by taking the post left vacant by the death of Collis P Hunt Huntington HuntIn HuntintOn ington intOn In ton When Mr was vas pinched inched in the panic Janic of 1893 he was forced to let Jet go a large larlie part of his securities to raise ready money ad advanced advanced advanced him large sums The Southern Pacific stock which they then obtained together with their th ir recent purchases gave these bankers a controlling inter interest interest est cat In the road While Mr Huntington was alive S eyers were con content content content tent to have him keep keer the ncy although the they believed a change in the management of the Southern Pacific was advisable abe While James S Seyer eyer was in Europe news came of Mr MI death The cue Uon of naming his successor was vas Va at once discussed Mr Speyer and his brother Edgar after aCter considering the of several railway railwaymen men none of them now with the South Southern Southern ern em Pacific hit upon an eastern man |