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Show H H Objects to New Bankers' Plan wml for Occan-to-Ocean tl Line. V - fll; BLOCKED SAME MOVE MANY TIMES BEFORE I New York Much Interested in H Kulm, iLoeb & Co. Tho purchase of tho Poarson-Farquhar holdings in various roadn by Kuhn, Loob & Co., tho crstwhilo Union Pacific heads, has caused much comment in Wall street. The statement that a now trnncontlnent-al trnncontlnent-al road is planned, with tho Gould HnoB included, is signal for a strong protest from J. P. Morgan. Part of tho holdings hold-ings acquired aro in X.eliigh Valley, Mor-. gan's pet project, and ho is credited with preventing Pearson from successfully manipulating tho big deal and virtually forced him to liquidate It is now argued that as ho would not allow Pearson to ' mix into tho Lehigh or the eastern situation, situa-tion, that It Is not at all probable that he will allow tho larger and more powerful pow-erful syndicate 10 have any better results. re-sults. The Northern Pacific move of 1001 was an attempt to Invade Morgan's territory, and the invaders were not only repulsed, but beaten to a standstill, and Harrlman was seen to walk around to Morgan's of-tlco of-tlco carrying the white flag. It Is also pointed out that there has nlwavs been a tacit understanding that tho Mississippi river Is the dividing line between oustern and western roads. Gould's only failure was when ho at-V at-V templed to cross that barrier and get Into Pittsburg. Harrlman was in tho New York Central, and Just before his death partly controlled tho Eric, but ho was prevented by Morgan ct al. from carrying out his cherished plan of an ocean to ocean line. It is nottflikcly. therefore, that the easterners will allow tho Invasion of their territory of the Union Pacific. Missouri Pacific, or other allied roads, although that is what New York savs Is In the wind and is tho present pres-ent all-absorbing topic in eastern railroad rail-road circles. |